large scale image
LCP Image

Back to TSCFM News

Paytm to offer ₹5lakh loan to merchants

February 17, 2022

Paytm to offer ₹5lakh loan to merchants

Paytm has partnered with scheduled business banks and NBFCs to offer collateral-free on-the-spot loans of up to ₹500,000 at a low-interest charge and in like manner presents a novel daily EMI product personalized for small retailers.

Tap on the “Business Loan” icon on the Paytm for Business App staying show and look at the offer obtainable for you. You could improve or lower the loan quantity as per your requirement.

Once you select the quantity, it is feasible for you to see particulars like loan quantity, quantity to be disbursed, whole payable, daily instalment, tenure, and extra.

Confirm your particulars, click on the examine field and faucet on “Get started” to proceed. You might give your consent to get your KYC particulars from the CKYC to full your loan utility quickly.

On the subsequent display, you can affirm or fill in particulars like your PAN card information, date of starting, and E-mail deal. Once performed, you can possibly proceed with offering affirmation. When PAN particulars are confirmed, your credit score rating will probably be checked and KYC particulars will probably be verified.

After submitting your loan utility, the loan quantity will probably be disbursed in your Bank A/c. Kindly ensure that earlier than an ultimate submission all particulars are right.

Important Links:

Recommended for you ...

Modi, Mauritius, and Sri Lanka Leaders Unveil Digital Payment Services
Modi, Mauritius, and Sri Lanka Leaders Unveil Digital Payment Services

February 12, 2024

Public Sector Banks Surpassing Private Peers, Investors Reconsidering Choices
Public Sector Banks Surpassing Private Peers, Investors Reconsidering Choices

February 12, 2024

Indian Banks Seek RBI Permission for Global Bond Trading Ahead of Inclusion in Indices
Indian Banks Seek RBI Permission for Global Bond Trading Ahead of Inclusion in Indices

February 12, 2024

Enquire Now
REQUEST A CALLBACK
Chat on WhatsApp