Paytm Personal Loan Apply 2024 : Paytm is offering loan up to 5 lakhs, apply in just 2 minutes

Paytm Payment Bank It is a well-known NBFC company which is in partnership with companies like Fibe, Tata Capital, HeroFinCorp, Aditya Birla Capital and provides loans with their help. Paytm is approved by the Reserve Bank of India and NBFC, so it is absolutely safe to take a loan from here, so if you want to take a personal loan, then you can apply for Paytm Personal Loan.

Further in this article, you will Paytm Personal Loan Interest Rate, Required Documents And Paytm Personal Loan Apply Process We will also give complete information about it step by step. For more information, please read this article till the end.

Paytm Personal Loan Apply Overview 2024

Name of the post	Paytm Personal Loan
Loan Type	Personal Loan
Loan Amount	10 thousand to 5 lakh rupees
Rate of interest	Minimum 3% to Maximum 36%
Processing Fees	Starting from 1.5%
Partnership Companies	Fibe, Tata Capital, HeroFinCorp, Aditya Birla Capital
official website	Click here

How much loan can I take from Paytm Bank?

The amount of loan you will get from Paytm depends on your financial history, your CIBIL score and whether you have paid your previous EMI on time or not. Generally, Paytm customers get maximum loan 5 lakh rupees Paytm offers a personal loan of up to Rs. 10 lakh, whereas if you want to take a business loan then the loan amount can be higher. You get this loan for a maximum of 12 months. If you fulfill the criteria of this application, then you can easily apply for Paytm Personal Loan online.

Paytm Personal Loan Interest Rate

The interest rate of Paytm Personal Loan depends on how much loan you want to take and for how long. Generally, the interest rate of Paytm Personal Loan ranges from a minimum of 3% to a maximum of 36%, plus a processing fee of 1.5%.

To apply for Paytm Personal Loan Eligibility

If you want to apply for Paytm Personal Loan then you have to follow these conditions –

• Salaried persons or self-employed individuals can apply for Paytm Personal Loan.
• Your CIBIL score must be good for Paytm Personal Loan.
• To take Paytm loan, you must be at least 18 years of age.
• If you have been proven to be a defaulter then you will not be able to apply for Paytm Personal Loan.
• Only Indian citizens can apply for personal loan from Paytm Payment Bank.
• You must have at least 2 years of work experience.
• It is mandatory for the mobile number to be linked with the Aadhar card.
• The required devices must be available with you for online loan.
• To take a loan, your monthly salary/income should be at least ₹12000.
• You should have a good record of financial transactions only then you will be able to take a personal loan from Paytm Payment Bank.

Also read: Canara Bank is offering personal loan from Rs 25 thousand to Rs 10 lakh

Documents required to avail Paytm Personal Loan

To take a loan from Paytm, you will need these documents –

• Aadhar card
• PAN card
• aadhar link mobile number
• Bank statement
• A selfie
• Salary slip etc.

How to apply for Paytm personal loan online | Paytm Personal Loan Apply Process

If you want to apply for Paytm personal loan from home, then its process is given below, by following the given steps you can easily claim personal loan online –

• First of all you have to install Paytm application from Google Play Store.
• After the app is installed, open it and register yourself through mobile number Sign Up It has to be done.
• After signing up, you will get the option of Add Bank Account in the Paytm dashboard. By clicking on it, you have to link your bank account to Paytm.
• after this Personal Loan You have to click on the section of.
• Then you will get the tab “Check Your Loan Offer”, click on this tab.
• Then a new page will open in front of you, here you have to enter your PAN number, date of birth and email ID, then accept the terms and conditions and click on the option of “Proceed”.
• After this the next page will open, here you have to enter the information like occupation type, company name, monthly income for the year, pin code, where you want to use this loan, etc. and click on the Confirm button.
• Then a new page will open in front of you where your eligibility will be checked. If you are eligible, you will see a Pop Up Page of Congratulations, in which you will see the loan amount for which you will be eligible.
• After this you have to click on the option of “Get Started”.
• After this, a new page will open in front of you where you have to select the EMI and tenure of the loan amount and click on Continue.
• Then you have to upload a clear selfie of yours.
• After this, to do KYC, enter the Aadhaar number and security code and click on the option of “Send OTP” and verify the OTP.
• After doing this, you have to select your gender and submit the pin code.
• Then a new page will open where you have to submit bank details like account number and IFSC code.
• After doing this the process of applying for loan will be completed.

FAQs – Frequently Asked Questions