Paytm Personal Loan Apply Online |
Hello friends, I welcome you all to today’s article. Friends, we will give you information about how to take a personal loan from Paytm. Friends, sometimes we suddenly need money but when the money saved is not sufficient then the thought of taking a loan comes to mind. If you are also thinking of taking a loan then Paytm can help you. Paytm is such an Indian mobile application through which you can not only transfer money, pay bills or recharge your mobile but can also take a personal loan.
There is an option to avail personal loan ranging from Rs. 10,000 to Rs. 5 lakhs depending on different situations. In the process of availing loan, you need Aadhar card, PAN card and bank details, hence all this information will be explained in detail in today’s article so that you can easily avail personal loan from Paytm and avail its benefits. But for this you will have to read this article carefully till the end.
What is Paytm Loan?
Paytm is an app which is used for online transactions like payment, recharge, sending money to someone and many more things. Along with this, Paytm offers personal loan and if you need a loan for your business, you can also take a business loan from it. You do not need to run around anywhere nor does it take much time. Everything is paperless i.e. online and as soon as your loan is approved, it is sent to your bank account.
How to take Paytm Personal Loan?
Friends, if you want to apply online for a personal loan from Paytm, then for this you will have to follow all the processes mentioned below step by step, which will be of this format –
- To avail a personal loan from Paytm, first of all you will have to download and install the Paytm application from the Play Store of your mobile phone.
- After installation, you will have to open your account by entering your mobile number.
- After opening the account, you will have to complete your KYC and after that you will have to click on the Personal loan option.
- You will now be asked how much loan you need. After paying the loan amount, you will need to fill in basic information.
- After that you will have to upload the necessary documents and after that you will have to fill your complete address, then Paytm will ask you about your preference, which you will have to answer correctly.
- After that Paytm will send your loan application to the loan company and we will review the application.
- After that you will get a call and some verification will be done and then the loan will be approved.
- After the loan is approved, the money is transferred to your bank account which you can withdraw and use.
Paytm Personal Loan Interest Rate
Whenever we take a personal loan from any institution, bank or government bank, we have to pay EMI and interest on the loan taken. We mostly decide the EMI as per our convenience but the interest rate is decided by the bank or institution. Talking about the interest rate of a personal loan, it ranges from 4% to 13%. Your interest rate is determined by the loan taken for you.
conclusion –
Friends, in today’s article, we have given you information about how to take a personal loan from Paytm. We have explained its entire online application process in detail so that you can easily take a personal loan from Paytm by applying online from the comfort of your home and can also avail its benefits. Friends, if you all liked today’s article, then do share this article.