Instant Paytm Loan Apply Online In 2 Minuts

Paytm loan details:

Loan amount	Rs. 10,000 – Rs. 2 Lakhs
Rate of interest	0% interest for up to 30 days
Tenure	18 – 36 months
Activation fee	Nil
Late payment fee	Up to Rs. 500
Fee for extending the due date by 1 month	3% of the outstanding amount
Turnaround time	2 minutes
Age required	25 – 60 years

Paytm Loan Features & Benefits

• Loan amount: You can borrow a minimum of Rs. 10,000 and maximum up to Rs. 2 Lakhs as Paytm personal loan.
• Flexible tenure: The tenure for repayment of the loan varies from 18 to 36 months.
• Attractive interest rate: You can get Paytm Personal Loan Interest Rate starting from 0% for up to 30 days.
• Nil activation fee: There is no activation fee for obtaining the Paytm bank loan.
• Quick disbursal: The loan amount is disbursed online instantly within just 2 minutes.
• Online documents sharing: All documents are shared online on email, such as Welcome Letter, Loan Agreement, EMI Repayment Schedule, Statement of Loan Account, GST Invoices for Charges paid, and No Objection Certificate.
• Improve credit score: Paytm bank personal loan helps you build and/or improve your credit score and profile.
• Multiple payment options: You can repay the loan through EMIs with a variety of payment modes.
• Online process: The entire Paytm personal loan process, from application to disbursal, is 100% digital.

Paytm Loan Eligibility

You must meet the following Paytm personal loan.

• You must be aged between 25 to 60 years to be approved of the loan.
• You must have an active bank account so that the loan amount can be transferred to your account and the EMI can be deducted online.
• You can check your paytm personal loan eligibility by searching for “Personal Loan” on the Paytm APP and clicking on the Personal Loan icon.

Document Required for Paytm Personal Loan

• KYC documents, such as PAN or Aadhaar Card.
• Occupation and income proof.
• Other documents as required by the lender.

Steps to apply for Paytm Business Loan

Step 1: Download the Paytm App on a smartphone

Step 2: Go to the Business Loan tab on Paytm App

Step 3: Next page will open that shall ask for the loan amount

Step 4: Select the loan amount from the slider and choose the repayment period

Step 5: After selecting the loan amount, click on ‘Start Loan Application’

Step 6: Complete your KYC process by visiting the nearest KYC centre

Step 7: After the KYC is complete, a Paytm representative will start the loan process

Step 8: Once the submitted documents are verified and approved, the loan amount will be disbursed to your Paytm savings/current account

FAQs

Q. What is the loan amount offered by Paytm for its business loan?

Ans. The minimum loan amount offered is Rs. 10,000 and the maximum loan amount is Rs. 2 lakh.

Q. What is the repayment period offered for its business loan?

Ans. The maximum loan repayment period is 180 days.

Q. Do I need to submit any collateral, if I take a business loan from Paytm?

Ans. No, there is no need to provide any collateral in case you want to take a business loan from Paytm.

Q. What is the Paytm business loan customer care number?

Ans. 0120-4456-456