Paytm offers low-interest, collateral-free quick loans of up to Rs 5,00,000. It also provides a special daily EMI product designed specifically for small businesses. Continue reading to know how to avail the loan from Paytm in a few clicks.
There are no additional documents needed because the loan application process is entirely digital. There are no pre-payment penalties for these loans; repayment is mostly deducted from the merchant's daily settlement with Paytm.
- Click on the “Business Loan" icon.
- Select the loan amount you want to take.
- Now the details of the loan like loan amount, total amount payable, EMI, and loan period will be on the screen.
- Now click on the check box.
- Click on the “Get Started" option.
- Click on the CKYC.
- Fill up the appropriate details.
- Click to proceed.
- After completing the aforementioned process, the loan amount will be credited to your account.