Hello friends, do you also want to get a loan from Paytm? If yes, then this is only for you because, in today’s article, we will know how to get a loan from Paytm. Friends, in today’s time, borrowing money from someone is a very difficult task. Because no one wants to lend and those who want to lend do not have money.
Some people make excuses and at this time we are in dire need of money, due to which the thought of taking a loan comes to our mind in today’s time, more people use Paytm and also know that they can get loans through Paytm. But need to learn how to get a loan from Paytm. So let’s know about it.
How to get a loan from Paytm?
Friends, if you want to get any kind of loan from Paytm then you can take it because Paytm gives many types of loans to its customers. Friends, first of all, you have to open your Paytm app. If you do not have the Paytm app then first of all you can Go to the Play Store and install the Paytm app. After that, set up your Paytm app completely and link your bank account to it.
After doing this, you have to click on the service type, after that you have to search for a personal loan and then you have to click on the personal loan option. After this, a form will open in front of you in which you have to fill in your details and click on all buttons. Now you have to wait for some time because after some time your loan will be approved.
How much personal loan can one get from Paytm?
Friends, if you want to take a personal loan from Paytm, then your civil score should be good because your CIBIL score tells whether you are eligible to get the loan or not. If we talk about giving loans through Paytm, then it gives personal loans ranging from Rs 3 lakh to Rs 5 lakh to its customers.
For how long will you get a loan from Paytm?
Friends, by taking a loan from Paytm, you get time ranging from 6 months to 5 years.
What is the interest rate on taking a loan from Paytm?
Friends, first of all, I want to inform you that Paytm itself does not give loans. It is linked to other banks and provides loans to its customers from the same banks. On taking a loan from Paytm, its interest rate ranges from 3% to 13%.
Paytm Personal Loan EMI Calculator
- Loan amount: ₹40,000
- Time: 12 months
- Processing Fee and GST: 5% + ₹2360
- Interest rate: 10%
- Total amount to be paid: ₹40,000+ ₹4302 = ₹44,302
- EMI per month: ₹3692
Paytm Personal Loan Interest Rate?
Friends, I have already told you about this but still I want to tell you once that if you take a personal loan from Paytm, then you may have to pay interest rates ranging from 3% to 13%.
What documents are required to take Paytm Personal Loan?
Friends, to take a personal loan from Paytm, you need the following documents.
- PAN Card
- Aadhar Card
- Bank Account
Paytm Personal Loan Details?
|Name of Application
|Type of loan
|3 lakh to 5 lakh
|How to apply
Who can get a loan from Paytm?
Friends, if you want to get a loan from Paytm, then your age should be more than 18 years and you should be an Indian citizen, along with this you should have a PAN card, and Aadhar card and your bank account should be linked in your Paytm application.
How to get a personal loan from Paytm?
Friends, you have come to know how much loan you can get from Paytm, for how many days, and how much interest can be charged on it. But you still do not know how to apply for a loan from Paytm sitting at home, so let us now know about it, just follow the steps given below.
- First of all, open the Paytm app.
- Now search by typing personal loan in the search bar.
- Now click on the personal loan option.
- Now you have to fill in your PAN card, date of birth, and email ID in the basic details and select your occupation i.e. business.
- After that, you have to click on the Proceed button.
- Now you have to pay the annual amount.
- Now it will be visible how much loan you will get. And if you want to get a loan then you have to click on the Get Started button.
- Now you can select the loan amount as per your wish and also choose the EMI. For how many months do you have to take it?
- After doing this, now you will have to do a video KYC. In this, you will have to upload a selfie photo of the person for whom you are applying for a loan.
- Now you have to fill in the details of the bank account in which you want to take the loan.
- After doing this, you have to wait for a few minutes and after that, the loan amount will come to your bank account. In this way, you can easily get a loan anytime.
Friends, in today’s article we learned how to get a loan from Paytm I hope that this article would have been helpful for you and you would have got all the information related to how to get a loan from Paytm. Friends, if there is any mistake in this article or you have any doubt then please tell us by commenting, and we will help you completely, thank you.