Paytm launched a personal loan service, 365 days of the year, anytime, you will be able to get a loan in just 2 minutes

Posted on 6th Jan 2021 04:31 pm by rohit kumar

Paytm, the country's leading digital payment service platform, has launched an instant personal loan service. It has been started to make Paytm's credit service accessible to the general public. The benefit of this service of Paytm can be availed at any time of the year, even you can apply for this loan on a holiday.

 

 

Paytm is the technology and distribution partner of NBFC and will help them in providing loan service to salaried people, small business owners, and professionals. These loans will be given through NBFC and banks. This move will bring 'new credit' to the scope of the formal financial market for customers, and will also empower individuals from small cities and towns who do not have access to traditional banking institutions.

 

 

Loan will be available in just 2 minutes

Paytm can get personal loan service 365 days of the year at any time in just 2 minutes. It can get an instant loan of up to two lakh rupees. This loan will be available based on credit score and shopping pattern. You can repay this loan in 18-36 months EMI. Paytm has tied up with many banks and NBFC for this service. The company is now planning more than 1 million users by the end of the financial year to avail of the personal loan service from the platform.

 

 

'Purpose is to make loan easier'

Paytm Lending CEO Bhavesh Gupta said, "Our objective is to make instant personal loans accessible to self-employed, new credit individuals and young professionals, who can easily get personal loans to book immediate expenses and fulfill their dreams." There should be no obstacle. "

Other news

Drone enters no-flying zone at PM's rally: Modi's public meeting was in Ahmedabad, three arrested

During the Gujarat election campaign, a case of a lapse in the security of PM Modi has come to th

AFG vs IRE: Afghanistan could not celebrate Rashid Khan's return, Ireland washed out in 1st T20I

Thanks to the excellent bowling of leg spinner Ben White (4 wickets) and fast bowler Josh Little

RJD Training Camp: Lalu Yadav said, agitate - fill the jail, do not be afraid of trial, Satyagraha is necessary against injustice
RJD supremo Lalu Yadav on Tuesday told workers and party leaders that satyagraha against injustice i

'I will make you a ghost in two minutes', BJP leader Tajinder Pal Bagga got an open threat in Bigg Boss 18, chaos avoided

Salman Khan's reality show 'Bigg Boss 18' is once again ready to entertain the audience. The show

Arvind Kejriwal runs Ayodhya card in Goa too, announces free pilgrimage if AAP forms government

Aam Aadmi Party (AAP) national convener Arvind Kejriwal on Monday announced that the people of Go

Paracetamol, amoxicillin used in Corona cheaper: Maximum price of 119 drugs fixed; Medicines became cheaper for the 5th time in a year

The National Pharmaceutical Pricing Authority (NPPA) has set limits on 119 drugs. Due to this, th

Ahead of its launch in India, OnePlus Nord 2T 5G with 12GB of RAM has been on the rise, people crazy about the features

OnePlus Nord 2T 5G: This upcoming smartphone of OnePlus in India has been launched in Europe befo

Women Reservation Bill: 'This is a historic moment' when women MPs were seen united after the passage of the Reservation Bill.

The bill for 33 percent reservation for women in Lok Sabha and Legislative Assemblies has been pa

Team India created history: India won by 119 runs in the third ODI, clean sweep the West Indies at their home for the first time in 39 years

Team India defeated West Indies by 119 runs in the third ODI to clean sweep the series 3-0. The I

Militancy In Kashmir: GHM terrorist Amir, who was on his way to carry out the fidayeen attack, was killed in an encounter

Troubled by the tightening grip of security forces in the Kashmir Valley, terrorist organizations