Personal loans can fulfill anyone’s instant need for money. Financial companies and banks are already providing personal loans to customers, but they take a little longer time to provide the loan amount to their customers. But now, transaction-based mobile applications are also providing personal loans to their customers including Google Pay, phonepe, Paytm. Most of the Indian citizens use these mobile applications for their online transactions. Today we are discussing Paytm personal loan 2023 (Paytm 3 lakh loan). The company is providing a maximum of Paytm 3 lakh rupees loan in only 2 minutes without any physical verification. so if you also want to get a Paytm 3 lakh loan from the Paytm mobile application then you should read this article to get eligibility and the application procedure.
Paytm 3 lakh loan Apply Online 2023
Paytm is a mobile application (Paytm App) that is used for online transactions with QR, UPI, bank-to-bank, etc. The bank is now focusing on upgrading the facilities of the mobile application to their customers. The company has tied up with Hero Fincorp finance company and Aditya Birla Capital. both are Finance Companies that are providing Paytm 3 lakh loan to the customers of Paytm. you do not need to visit the websites of these companies. If you are currently using the Paytm mobile application (Paytm App) then you will get personal loan offers from these companies automatically.
Features of Paytm Personal Loan 2023
- The company provides the Paytm personal loan in only 2 minutes through online mode.
- You can get a minimum of 10,000 rupees and a maximum of 3 lakh rupees Loan from Paytm mobile application without any physical documentation.
- The EMI will be prepared according to the eligibility of the customer.
- You are not bound to pay the EMI each month. if you have sufficient money to repay the loan amount at one time then you can also pay the full loan amount anytime.
- You do not need to install any other mobile application or visit any other website for Paytm personal loan 2023.
Eligibility criteria of Paytm 3 lakh loan
- Only Indian citizens can apply online for Paytm personal loan.
- If you are an existing user of Paytm then you can get a higher Paytm loan offer from the mobile application.
- The age of the applicant should be between 23 years to 60 years.
- You should have a regular source of income to repay the loan amount.
Documents for Paytm personal loan 2023
The company is not asking for any physical documents to provide the Paytm 2023 personal loan to their customers. but you have to submit the details of your personal documents in the online application at the time of Paytm KYC to provide you with a personal loan.
- Aadhar card number
- PAN card number
- Salary information
- Bank account number and IFSC code
- Registered mobile number
Apply online for a Paytm 3 lakh loan (Personal Loan)
You can follow the step-by-step procedure to apply online for Paytm personal loan 2023 on your mobile phone.
- First of all, you have to download the mobile application of Paytm on your mobile phone from Google Pay or the app store.
- After that, you have to Paytm login to this application by entering your mobile number where you will get OTP for your verification.
- Enter your personal details and banking details in this Paytm Loan App.
- Now you can see a link to a pay tm personal loan 2023 in this mobile application.
- Once you click on the link you can see the Paytm loan offer 2023 from both companies according to your eligibility and your financial condition.
- If you are satisfied with the loan offer then you can click on the Paytm 3 lakh loan apply link
- Now you have to enter your personal details and bank account details and enter the loan amount which you want to get.
- After that, you have to select the EMI and you also have to auto-enable the deduction of EMI from your bank monthly.
- Once you have submitted your all details you have to verify Paytm KYC.
After completing the KYC you will get the loan amount in your bank account instantly. You can use this loan amount for various purposes. The company provides a little amount at the time of applying for the first time for a personal loan, after that once you repay the loan amount on the time, you will get the higher loan offer for the next time. so if you timely repay and submit your EMI then you will get maximum 3 lakh rupees from the company with low interest rates.