Here we have told you in detail about how to get a loan from Paytm, what to do to take a loan from the Paytm app, how to take a personal loan in the Paytm app, etc., so read this article from beginning to end. can read.
About Paytm Personal Loan (in Hindi)
|App Name||Paytm App|
|Loan Type||Personal Loan|
|Interst Rate||Minimum 3% annual interest rate can be availed at maximum 36% interest rate|
|Processing fee||Starting 1.5% p.m.|
|Tenure||Time period will depend on the loan amount|
How to get loan from Paytm
How to take a loan from Paytm: To take a loan from Paytm, you have to install the Paytm app from Google Play Store, after that you have to create your account by entering your mobile number, now you can easily get 2.5 lakh rupees by clicking on Personal Loan in Paytm. Loan can be taken only on an Aadhaar card and PAN card.
If you want to take a loan from Paytm app, then you can follow the step by step process given below.
Before applying for the loan, you have to prepare all your documents in advance, only then apply for the loan.
Apart from this, before taking a loan, you must check your civil, if your civil score is bad, then your loan can be rejected.
The process to apply for a Paytm loan is as follows:
Step : First of all, we have to install the application named Paytm from the Google Play Store.
Step : After this, you have to register by entering your mobile number.
Step : After this, you have to link your bank account number in the Paytm app.
Step : After this click on Personal Loan from the My Paytm section on your home page.
Step : After this, you have to apply for a loan as per your requirement like home renovation, personal loan, travel, education, etc.
Step : Now Check your loan Offer will be available here.
Step : After this, you have to enter your basic information like PAN card number, date of birth, and email ID.
Step : After this, click on the checkbox on the Terms of Condition page and then click on proceed.
Step : After this submit your occupation details where by selecting a company name, annual income, loan purpose, etc. click on Continue.
Step : After this one will go to the loan agreement whereby following the terms of condition, click on continue.
Step : After this, after checking your Cibil Score, a credit limit will be offered.
Step : After filling in all the information, this application form has to be submitted.
Step : After this, your loan is sent for approval
Step : Now as soon as your loan is uploaded, the loan amount is transferred to your bank account in just 2 minutes.
By following the steps given above, one can easily avail of a personal loan using the Paytm application.
How to get a personal loan from Paytm
To take a personal loan from Paytm, first of all, we have to link our bank account to Paytm App. After this, click on Personal Loan from the My Paytm section. After this, click on Check your Loan Offer. Now you have to enter your Dhar card number and PAN card number, after that you will be given a loan offer.
If you become eligible for the loan, then you will fill in other details.
Now you are successfully transferred by Paytm to your personal loan Paytm linked bank account in less than 2 minutes
Paytm Loan Eligibility
To take a loan from the Paytm app, you have to follow the eligibility criteria given below, if you follow this eligibility criterion, then you will be able to easily take a personal loan from an ATM.
➠ Citizen: The applicant must be an Indian citizen
➠ Age: Age should be more than 21 years
➠ Cibil Score: There should be more than 700 civil scores to avail of the maximum loan.
➠ Kyc Documents: KYC documents like an Aadhaar card, and PAN card should be present for applying for the loan.
➠ Aadhar Link Mobile Number: The applicant person must have a mobile number linked to the Aadhaar card because all the information of the applicant will be verified with OTP by entering the Aadhaar card number.
➠ Work experience: The applicant person should have work experience of more than 2 years in any field.
➠ Monthly income: The monthly income of the person taking the loan should be more than ₹ 12000.
➠ Required device: It is very important to have an internet connection and a smartphone to take a loan, after that you can apply for a loan by downloading the app from the Google Play Store on your mobile.
➠ Good Bank History: If you are taking a personal loan from Paytm, then you have to keep a good bank record for the last 6 months, after which the Paytm application will automatically give you personal loan offers, after which you will get the loan easily.
If the applicant follows some of the terms and conditions are given above, then he can take a personal loan from the Paytm app. Before taking a loan from the Paytm app, you have to prepare all your documents in advance, so that later, while taking the loan, the documents are here. There should be no problem finding it there.
Documents for Paytm Personal Loan
What documents will be required to take Paytm personal loan, if you are applying for a personal loan from ATM, then it is very important to have these documents, if you have these documents, then you can apply for the loan online only. can
- as KYC document
- Aadhar Card
- pan card
- as identity proof
- a selfie
- for online verification
- aadhar link mobile number
- A bank account number to receive the loan amount
- Paytm app to apply for loan
You can take a personal loan in just 2 minutes from the Paytm app, for this you will need your Aadhaar card, and PAN card number, apart from this you will have to enter OTP on your mobile number for verification, and your civil score to get credit offer It will matter, so while taking a loan, do read some important terms of condition.
Paytm Loan Interest Rate
The interest rate on Personal Loan from Paytm App starts from 3% per annum interest rate and goes up to 36% per annum interest rate, here the loan is given only after checking the CIBIL score of the applicant.
If the civil score of the applicant is good, then he gets the maximum loan offer, so to take a loan from Paytm, if the civil score is more than 700, then a loan of up to ₹ 200000 can be easily taken.
We have given below information about the interest rate of the Paytm app, apart from this other information is also given here.
How much time does the Paytm app give to deposit the loan?
The loan disbursement period from the Paytm app ranges from 3 months to 12 months depending on the loan amount. If the applicant has a good banking record, then he/she gets the maximum time.
Why should you take a loan from the Paytm app only? (Why choose Paytm Personal Loan)
If I talk about why you should take a loan from Paytm only, then there may be some reasons for this that you cannot find on other platforms, so let us first know why you should take a loan from Paytm only:
- Online process
First of all, with the Paytm app, you get an online process to apply for the loan, you can apply for a personal loan sitting at home just by installing the Paytm app.
- Instant Loan Approval
Instant loan approval facility is available on the Paytm app where your loan is uploaded in just 10 minutes and transferred to your bank account in less than 2 minutes.
- Without visit Bank
A loan can be availed from the Paytm app without going around banks, here you do not need to go to the bank in any way, the whole process is digital. Application for the loan can be done by installing the Paytm app.
- BEST Loan Offer
Loan offers on the Paytm app are given according to the credit score of the applicant. If the applicant’s civil score is more than 750, then he can apply for an instant loan of ₹ 300000 easily from the comfort of his home.
- Minimum Documents
Minimum documents are required to take a loan from the Paytm app, here the loan can be taken by uploading only an Aadhaar card, PAN card, and a selfie. CIBIL score is checked to take the loan, only then the loan amount is provided to you.
- Online Easy Verification
Loan verification is done online through the Paytm app where you have to verify OTP from a mobile number by entering your Aadhaar card number only after that is your information is verified.
Things to keep in mind while taking a Paytm loan
It is very important to keep some things in mind while taking a Paytm loan
- First of all, the applicant person has to keep in mind how much interest rate is being charged for taking a loan from him.
- How much is the processing fee
- for how long are you taking the loan
- Are there any processing fees at the time of taking the loan?
- Is there a service fee
- Which finance company is giving a loan
- We should know about other information like how Paytm is giving loans etc.
Note: If the applicant applies for the loan keeping these things in mind, then he will not face any kind of problem and as soon as he is in a hurry to read these things, he may face some problems in the future. .
what is Paytm customer care number
Paytm Customer Care Number
Customer care: 0120-4456-456
Paytm Personal Loan Review
Through this article, I have told you how to apply for Paytm personal loan, and how you will take a loan from Paytm with a step-by-step process sitting at home. Along with this, I have given below information about some important questions related to the Paytm app, which you must read before taking a loan.
FAQ: How to get a loan from Paytm App?
how to get loan from Paytm app
The loan from the Paytm app can be taken by applying on the Paytm app where to take a loan you will have to check Verify Loan offer by entering your document number and only after that, you will be able to take a loan from Paytm.
how to get paytm loan
To take a Paytm loan, you have to verify your Aadhaar card, PAN card number, after that you can take a loan from the Paytm app. To take a loan from the Paytm app, you will also have to see the name of the finance company that is giving you the Paytm loan, after that you You can also check your status by entering your reference number directly on that loan company.
how to check paytm loan status
To check Paytm loan status, you will get a reference number from the company that is giving you the loan, now you can check the status of your loan sitting at home by entering this number.
How long does it take to get a loan from Paytm App?
The loan is approved in just 10 minutes from the Paytm app, after which the loan is transferred to the bank account within 2 minutes.
Is there any guarantee or security to be given to take a loan from Paytm?
No, you do not have to give any security or guarantee while taking a loan from Paytm, here you get the loan easily. Paytm loan provides you unsecured loan, which can be taken by checking your CIBIL score.
What documents can be submitted for loan on Paytm?
Loan on Paytm can be availed by submitting Aadhaar Card, PAN Card
What is the age limit to take a loan from Paytm
Must be above 21 years of age to take loan from Paytm Existing person must be working in any work and must have 2 to 3 years of work experience in doing any work
Can I get a loan if I do not earn anything
No, if you do not earn anything, you will not get the loan, if you apply for the loan, then your loan will be rejected.
How to get ₹10000 loan from Paytm
To take a loan of ₹ 10000 from the Paytm app, you can register the app, after that you can easily take a loan of ₹ 10000 by choosing the paytm postpaid option. To take this loan, you have to upload the Aadhaar card and PAN card to the app. Will have to apply for the loan, there are some term shop conditions to take the loan, which you have to follow, after that you will get this loan.
How to get ₹50000 loan from Paytm
To get a loan of ₹50000 from Paytm, the civil score should be more than 750 and 6 months of good banking history, after that you can apply for a personal loan on the app and get the loan amount
How to get ₹500000 loan from Paytm
To take a loan of ₹ 500000 from Paytm, you have to show your business record, after that you can take a loan from Paytm app to start your business, here you have to share some important documents like income proof, company name and your work experience. After this you can get business loan from Paytm app.
How to get ₹2000 loan from Paytm
It is very easy to take a loan of ₹ 2000 from the Paytm app, if you are not getting the loan, then you can apply on the Paytm app, where you can get the loan sitting at home in 2 minutes just by uploading the Aadhaar card and PAN card. Is.
how to get instant loan from paytm
To take an instant loan from Paytm, you can choose Paytm’s pay letter service, here you can easily get a loan of ₹ 10000.
how to take loan on paytm mobile
To take a loan on Paytm mobile, you have to first install the Paytm application in your mobile, after that you have to submit all the information sought in the application form online on the app, now you can upload some of your important documents and get the loan immediately. can be obtained at
Who can take Paytm loan
People above the age of 21 years can avail Paytm loan. Students, job seekers, self-employed, housewives, etc. can apply for the loan.
Are there any processing fees while taking Paytm loan?
The processing fee starts from 2% on taking Paytm personal loan, apart from this GST fee also has to be paid here which is 18%.
how to open zero balance account in paytm
To open zero balance account in Paytm, you can open your account by doing your KYC at your nearest KYC point. At present, RBI has closed this facility, soon this facility is likely to be started.
is paytm giving loan now
Yes, Paytm is currently offering loans where you can apply for personal loans, business loans, travel loans, home renovation loans, education loans, Paytm postpaid loans, etc. by applying for a loan.
Conclusion: How to take loan from Paytm App?
If I tell my opinion, you can take a loan in any emergency from the Paytm app, here the loan is available from ₹ 750 to ₹ 60000 Paytm postpaid loan from the initial time itself, if you want to take a loan of more than ₹ 60000 In this case, you can apply for Paytm’s personal loan.
What I liked (Pros)
It is easy to apply for loan from Paytm app, here only 6 to 7 steps have to be followed to apply for loan, apart from this only Aadhaar card and PAN card are required to take loan.
What’s wrong with me (Cons)
Many times a very high interest rate is charged for not depositing the loan after taking a loan from Paytm. Apart from this, the loan also gets rejected many times.
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