Paytm has started a new facility to give instant personal loans to people a few months back. With this, some special customers of Paytm are given an instant loan up to 2 lakh rupees.

It often happens that you suddenly need money. At this time, if you apply for a loan in the bank, then it takes a lot of time to complete the process. Along with this, many such documents are sought, which you are not able to fulfill. If such a situation comes with you, then Paytm can be a good option for you, because now you can also take a loan from the Paytm with which you were paying the bill.

A few months ago, Paytm has started a new facility to give instant personal loans to people. With this, some special customers of Paytm are given an instant loan of up to 2 lakh rupees, the special thing of which is that you do not have to wait much for this loan. If you are eligible for a loan, then you get a loan of up to two lakh rupees in a few minutes. In such a situation, you know how you can take a loan and what is the whole process of it?

Complete online service

In this Paytm loan, the entire process is done online. You do not have to go to any bank etc. to take a loan.

The special thing is that the entire process of taking a loan is completed in 2 minutes and within two minutes the money is transferred to your account.

You can take advantage of this service of Paytm on National Holiday and Sunday also on holiday, i.e. it can be availed on any day and any time.

Who are eligible ?

This new instant loan is available to job seekers, small business owners and professionals. In this, the loan is given based on your credit score.

Also, this loan of Paytm has to be repaid in 18-36 months and you can pay accordingly. The company has tied up with many NBFCs and banks to provide this facility and you can manage the entire account from the Paytm app.

How to take the loan?

If you also want to take a loan through Paytm, then you will have to complete the further process by going to the Financial Services section of the Paytm app and then clicking on the Personal Loans tab.

After this, you have to give the requested information and your eligibility will be seen and after that money will be transferred to your account.


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