How To Take Loan From Paytm || How To Take Loan From Paytm In 2022
How To Take Loan From Paytm
This question is also coming to your mind, How To Take Loan From Paytm then you have come to the right post. There was a time when if we had to take a loan, we would first go to the bank, then the bank would ask us for different types of documents and due to not having all the documents, our loan would get rejected. Although the method of taking a loan from the bank is still the same, today we will tell you such a way by which you can get a loan sitting at your home in just a few minutes.
Sometimes it happens that you suddenly need money and we all know how much time and documents it takes to go to a bank and take a loan. That’s why in today’s article we will discuss How To Take Loan From Paytm. How to take loan from Paytm in 2022? And what is Paytm Personal Loan? Will tell you about which you can apply in just a few minutes. Also, Paytm not only gives you instant loans, but also you do not need too many documents to take loan from Paytm.
The entire process of taking loan from Paytm is online, so you do not need to go anywhere, you will get the loan amount in your bank account as soon as you are sitting at home.
What is Paytm?
If you also want to know what is the way to take a personal loan from Paytm in 2022, then you must first know what is Paytm? Paytm is India’s most popular and most prestigious Money Transaction Application, which was founded by Vijay Shankar Sharma in the year 2010. Paytm provides many payment-related services to its consumers and merchants, which are being availed by more than 35 crore people.
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With Paytm, you can also book mobile recharge, online shopping, and train, bus, and airline tickets. Apart from this, Paytm gives you different services. Paytm also has its own payment bank called Paytm Payment Bank. And now Paytm has started a new facility of giving an instant personal loans to its customers, under which it is giving personal loans up to Rs 2 lakh to its customers.
What is Paytm Personal Loan
Paytm gives instant personal loans to its special customers ranging from Rs 5 thousand to Rs 2 lakh, that too at a low-interest rate which you can get sitting at your home. But this loan is available only to the employed, small businessmen, and professional people because before taking the loan, you also have to tell your source of income here from which you will repay the loan amount. You have to repay this personal loan in 6-36 months, which you can repay according to you. Also here you have to pay less interest rate. Good Morning Images
To take a personal loan from Paytm, you have to create your Paytm Account, which is mandatory. You can create your Paytm Account very easily. When your Paytm Account is created, you will have to go to any cyber cafe and complete the process of KYC in your Paytm Account. Once the KYC of your Paytm Account is completed then you can apply online for Paytm Personal Loan. After this, if you are eligible to take a loan, then you will get the loan easily.
Eligibility and Required Documents to take Paytm Personal Loan
How To Take Loan From Paytm before applying it, you should also make sure whether you are eligible to take a loan or not. To take a loan from Paytm, you must have the following qualifications-
- You must be a resident of Indian origin which means your nationality must be Indian.
- Your age should be between 25 to 60 years.
- You also need to have a fixed source of income so that you can repay the loan on time.
- It is also mandatory for you to have your Aadhar card, PAN card, and bank account.
How To Take Loan From Paytm
To apply Paytm Personal Loan, follow the given method correctly-
- First of all, go to your Paytm Dashboard, there you will see the option of Personal Loan, click there.
- Then in the new window, you will get a form in which you will have to give your necessary information like- Aadhar number, PAN card number, email id, as well as the reason for taking a loan, etc. Proceed by filling in all this information correctly.
- After this, some additional information is also asked from you such as the name of the parents, your source of income and your profession, etc. You also have to fill in all these correctly.
- After this your application will be checked if you will be eligible to take a loan then your application will be approved and within the next 24 hours the loan amount will be credited to your bank account otherwise if you are not eligible to take a loan then your application will be rejected will be given.
Features of Paytm Personal Loan
If you have understood what is Paytm Personal Loan and how to take a loan from Paytm, then you should also know some features of Paytm Loan:
- You can get loans from Rs 5000 to Rs 200000 from Paytm.
- The interest rate of Paytm Personal Loan is low i.e. from 4% to 6%, which is a good thing for you.
- You do not need to go anywhere to take a loan from Paytm, you can get a loan sitting at home. And you do not have to pay any kind of fee before taking the loan.
- If you live in any corner of India, you can take a Paytm Personal Loan.
- You get 6 months to 3 years to repay the loan amount, in which you can easily repay the loan.
- You can use the loan amount in any work according to you, it completely depends on you.
Final Word
In this article, we have learned that what is the way to take loan from Paytm in 2022 and you can get How To Take Loan From Paytm. We hope that this article must have helped you. You must share this post with your friends as well if you have any questions regarding How To Take Loan From Paytm, then you can ask us in the comment box. Thank you…
