How to get loans from paytm

Paytm is by far the largest online payment platform in India that allows its users to transfer money to another using the Paytm wallet user at zero cost. It also helps users to pay utility bills, book movies/tickets, or avail various services from other partner applications.

Paytm these days introduced a tie-up with piramal capital & housing finance, a subsidiary of piramal businesses limited, to provide loans to traders across the country. The partnership lets traders avail of loans of as much as ₹10 lakh over a tenure of 6-24 months.

Here is a stepwise guide to avail mortgage at the paytm app

. On the paytm app, click on on the “business loan” icon on the business app home screen and enter the desired loan quantity.

. Take a look at the details of the loan quantity, amount to be disbursed, general payable, every day installment, and tenure.

. Click on at the check box and tap on ‘get started’ to process.

. Traders can choose kyc info from the ‘ckyc’ option to finish the process.

. While redirected to the following screen, verify personal information such as pan, date of birth and  email deal with.

. For the subsequent step, your credit score and kyc can be reviewed for eligibility.

.As soon as the application is confirmed effectively, the mortgage amount can be allotted immediately.