How to get Instant Personal Loan From Paytm in 2022

How to get Personal Loan From Paytm?Paytm has newly started giving Paytm Instant Personal Loan to some of its special customers.

This personal loan facility of Paytm will benefit those people who suddenly need money. In such a situation, if we apply for a loan with any bank, then the process of giving loan to the bank takes a lot of time.

In that case, the need of money can be easily met by taking an instant personal loan from Paytm. If friends, you also need money and you want to know about How to get Personal Loan From Paytm, then definitely read this article from beginning to end.

What is Paytm Instant Personal Loan?-

A few months back from today, the Paytm app has newly started giving instant personal instant personal loan to its customers.

And under the new facility of giving this loan, Paytm has given an instant personal loan of up to Rs 2 lakh.

It does not take much time to take Paytm Se Personal Loan. The entire loan disbursement process is online.

Read Also:How to Get instant loan From Kreditbee App.

If you are eligible to take an instant personal loan from Paytm, then you can get a personal loan of up to Rs 2 lakh in a very short time. And the loan amount is directly transferred to your bank account.

Documents needed to get personal loan From Paytm-

  • PAN card of the applicant
  • Aadhar Card
  • Bank Account.

Eligibility to get personal loan from Paytm-

  • Applicant’s age should be between 25 years to 60 years to take personal loan from Paytm
  • Applicant should have good Cibil Score
  • Applicant must be an old customer of Paytm Wallet
  • The applicant should have a source of income so that the loan amount can be repaid on time.

Interest rate on Paytm personal loan?-

If you take an Instant Personal Loan from Paytm, then you may have to pay an interest of 18% to 30% per annum.

If you have a good credit card history, then this interest amount can be slightly less.

Paytm Personal Loan Fee & Charges-

  • You have to pay a processing fee of up to 2% for taking a personal loan
  • 18% GST will be applicable on all charges
  • If you do not pay the EMI on time, then you will have to pay Late Fee.

How much personal loan can be taken from Paytm-

A personal loan of Rs 10,000 to Rs 2 lakh can be taken online from Paytm at home. But you can get a loan of a little less amount in the initial period.

In the initial time, if you take Paytm Se Loan of less amount. And if you pay the full EMI of that amount on time, then you can easily get a larger amount next time on a personal loan from Paytm.

Benefits of taking a personal loan from Paytm-

  • With Paytm, you can easily get a personal loan amount through online process.
  • If you take an Instant Personal Loan from Paytm, then the amount of interest is also charged very less.
  • You can easily repay the Paytm personal loan amount through small EMIs
  • The entire process of giving Paytm Instant Personal Loan is online. you don’t need to go anywhere
  • The personal loan amount is directly transferred to the bank account.

How to Apply Online for Paytm Personal loan-

  • First of all you have to update Install Paytm App in your mobile.
  • Now to take a personal loan, you have to click on Paytm Personal Loan and check the offer. Whether personal loan offer is available for you now or not.
  • Now you will see the option to enter PAN card details on the screen.
  • Then You have to choose your profession.
  • After that Enter email id, parent’s name, click on confirm
  • If you are eligible for Paytm Personal Loan then you will get loan offer.
  • Now enter your Aadhar card details.
  • Your personal loan application has been submitted
  • After loan approval, the loan amount will be directly transferred to your bank account.

FAQ-How to get Personal Loan From Paytm

1.In how many months does Paytm Personal Loan have to be repaid?

Ans: You can repay the Paytm Personal Loan through EMI of 4 months to 36 months.

2.In how many days can I get Paytm loan?

Ans:You can get Paytm personal loan in few minutes through online process.

3.How much can I get Paytm loan up to?

Ans:Paytm instant personal loan from Rs 10,000 to Rs 2 lakh is easily available through online process.

My Final thought-How to get Personal Loan From Paytm

If you read this article till the end then you have got all information about how to get a personal loan from Paytm Step by Step.

Also, you got Eligibility, the Documents Required, and how to apply for Paytm personal loan.

If you learned something from this post then you can share this post with your friends and Family.

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