Paytm Business Loan- Up to 5 Lakh Loan

Paytm is a leading digital payment company in India. It is one of the most valuable and popular digital payment companies in India. It offers a wide range of products and services, ranging from mobile payments to e-commerce to banking and insurance services.

Paytm is offering Paytm business loan up to 5 lakh without any documents.

Paytm Business Loan Quick Recap

Interest rateUp to 36% p.a.
Loan AmountUP to 5 lakh
Loan TenureUp to 365 days
Income RequiredNIL
Processing Fees2% of the loan amount + GST
Eligible ForSelf Employed Businessman
Also Read: Rufilo Loan up to 1 lakh

Benefits of Paytm Business Loan

1. You will get the loan without any documents.

2. You can use it to pay your utility bills, bank fees and other everyday expenses.

3. You can also pay for things outside of Paytm like utility bills and other family expenses.

4. The loan is available for both individuals and small businesses.

5. Get instant approval.

6. Paytm business loan offers flexible repayment tenure.

Paytm Business Loan Fees & Charges

Interest rateUp to 36% p.a.
Processing Charges2% of the loan amount + GST
Overdue ChargesApplicable
Also Read: MSME Business loan

Paytm Business Loan Eligibility

Fulfil the basic eligibility criteria for a Paytm loan:

  1. This loan only for Business person.
  2. Paytm account required to get this loan. Paytm offering this loan only for existing Paytm customer who has monthly transaction through Paytm.
  3. CIBIL Score required to get this loan.

How to Apply For Paytm Business Loan

Step 1: Download and open the Paytm App on your smartphone.

Step 2: Open the Paytm App and go to the Business Loan page.

Step 3: A new page will appear, asking for the loan amount.

Step 4: Using the slider, select the loan amount and payback duration.

Step 5: Once you’ve decided on a loan amount, click ‘Start Loan Application.’

Step 6: Visit a KYC centre near you to complete your KYC procedure.

Step 7: Once the KYC is finished, a Paytm representative will begin the loan application process.

Step 8: The loan money will be paid to your Paytm savings/current account once the supplied papers have been checked and authorised.

FAQs of Paytm Business Loan

Leave a Reply

x