Paytm app is now offering a loan facility of up to 2 lakh rupees to its customers. By the way, many types of documents are required to get a personal loan. Also, its process is very long. At the same time, the company has simplified this process. Paytm is providing loans of up to two lakh rupees to its millions of customers in easy terms. Let us know that recently the company has started an instant personal loan service. Customers can fulfill the conditions and take a loan in minutes.
Paytm loan process is completely online. Customers will not have to go out of the house to get a loan. You can apply for a loan from your mobile at home. The entire process of getting a loan is just 2 minutes. Money will be added to the account within a few minutes of the process taking place.
To get a loan through Paytm, one has to go to the Financial Services section of the app. Then click on the Personal Loans tab. After this, the information sought is to be filled. Then after checking eligibility, the money will be transferred to the account.
- Loan will be available on credit score
According to the terms and conditions given on Paytm, the instant loan will be available to the employed, small traders and professionals. This will give the loan based on the credit score. This loan will have to be repaid in 18 to 36 months. Paytm has tied up with many banks for this service.