Paytm Personal Loan Apply Online – Paytm provides a personal loan facility to its customers whose interest rate is 1.66% per month, in which you do not need any documents and can make flexible loans and EMI as per your choice. Apply 24*7 and get an instant personal loan online in just 2 minutes with no documents required, process 100% Digital mode and Flexible loan and EMI.
Paytm Personal Loan Apply Online
In today’s time, whenever we need money, we either borrow from a friend or relative or take a loan from the bank, which takes a lot of time, like 3 to 10 days.
Apart from this, if you take a loan from the Paytm Application, then you can get a lot of benefits from it and it can also save a lot of time, which is available in a very short time and at a very low-interest rate of 1.66% per month. Let us know about it in detail.
Paytm Personal Loan Eligibility Criteria
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Applicant must be Indian and above 18 years of age.
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Paytm must be installed on the applicant’s smartphone.
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He should have a good credit score so that the application can be approved.
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The applicant should not be a defaulter by any bank or financial company.
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Applicant’s salary should be above Rs 15 thousand.
Paytm Personal Loan Document Required
To take a loan from Paytm, I have mentioned some documents that you need while applying for the loan.
For Self-employed Person
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Identity Proof: PAN Card/Voter ID/Driving License/Passport
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Income Proof: Latest salary slip/Form 16/last 6 months account statement audited/ITR returns for the last 2 years
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Address Proof: Landline Bill/Electricity Bill/Ration Card/Voter ID/Passport
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Other related documents: Check-off letter from employed
For Un-Employed Person
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Identity Proof: PAN Card/Voter ID/Driving License/Passport
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Income Proof: Latest salary slip/Form 16/last 6 months account statement audited/ITR returns for the last 2 years
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Address Proof: Landline Bill/Electricity Bill/Ration Card/Voter ID/Passport
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Other related documents: Check-off letter from employed
Paytm Personal Loan Apply Online Details
| Loan Provider Name | Paytm |
| Loan Type | Instant Personal Loan |
| Interest Rate | 1.66% per Month |
| Eligibility | You must already have a Paytm account. |
| Maximum loan amount | Rs 5 lakhs |
Paytm Personal Loan Repayment Process
The lender partner of Paytm from whom you have taken the loan will inform you through email when your EMI is due and you will also be told the process of payment.
If you do not pay the EMI on time, then you will have to take action from the Paytm lender partner. Penalty will be imposed which gets added to the loan EMI.
Once you take a loan, you have to repay the loan on time, if you are not able to do so then you may have to pay a penalty. However, you can also pay the loan amount in installments.
Paytm Loan Interest Rate
It offers low interest to its customers which starts from 1.66% but if your credit score is good then you may get reduced interest.
Paytm Personal Loan Processing Fees
Whenever you take a loan from any financial lender, you have to pay processing, Paytm also charges processing fees from its customers, which you get to see while taking the loan because it depends on your loan amount.
Paytm Loan Repayment Options
The financial lender provides you with three options for repayment Flexible EMIs, auto-debit, and cheque payments so that you can easily pay the EMI.
Paytm Personal Loan Disbursal Time
Paytm personal loan takes very little time because Paytm provides better facilities to its customers. Let us tell you that the loan comes to your account in just 48 hours to 5 working days.
Paytm Personal Loan Tenure
The tenure of Paytm Personal Loan can range from 3 months to 36 months, depending on your repayment capacity and the loan amount.
Paytm Personal Loan Online Apply By YouTube Video
Paytm Loan Apply Features and Benefits
- Nil prepayment charges.
- Good customer service.
- Quick and easy loan approval.
- Special schemes
- and discounts to existing employers.
- No hidden costs
- Minimum documentation
- Loan eligibility can be increased subject to the terms and conditions.
- Lowest EMI
- Provides personal loans for people belonging to a wide age group from 21 to 58 years.
- Low processing fees.
- High loan amounts.
How to Paytm Personal Loan Apply Online
All the information to apply for a loan from Paytm is given below, by following it you can take a loan from Paytm.
Paytm has started this loan-giving service for a long time. They have started this instant loan service for the convenience of Paytm users. With its help, you can easily take a loan for yourself, that too through the Paytm App.
- To take a loan through the app, first of all, you have to download the Paytm App from the Play Store.
- You can Download Paytm From the Google Play Store via the link
- After installing this app, you have to register in this app with your mobile number.
- After that, to take the loan, you have to link your bank account on the Paytm App through UPI ID so that the money will come to your account.
- After this, you have to click on the loan section and apply for the loan.
- After this, the loan amount will be credited to your account.
Paytm Loan Customer Care Number
If you want to contact the Paytm Customer Service Center for information related to any payment-related issues, then you will have to visit the Customer Portal which is on the Paytm App.
You can call Paytm on their 24X7 helpline number: 0120-4456-456 to help resolve your queries.
FAQ
Q. Paytm se personal loan ke liye kaise apply kare?
You can apply for a personal loan online through Paytm’s mobile app. After downloading the app, you have to create an account and then follow the loan application process.
Q. Paytm se kitna loan amount le sakte hai?
The minimum loan amount for Paytm Personal Loan is Rs. 1000 and the maximum is Rs. 5 lakhs.
Q. Paytm personal loan ka tenure kitna hota hai?
The tenure of Paytm Personal Loan can range from 3 months to 36 months, depending on your repayment capacity and the loan amount.
Conclusion
I hope you have liked my article on how to take a loan from PhonePe. After reading this, you would have easily understood the important information about how to get a PhonePe loan. It is always my endeavor to provide complete information about the loan to the readers so that they do not need to search for that article on any other sites or the internet.
This will also save them time and they will get all the information in one place. If you have any doubts in your mind regarding this article or you want that there should be some improvement in it, then you can write comments below.
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