Payme India is one of the best instant loan provider companies. The borrowers can get a loan from Rs. 2,000 to Rs. 2 lakhs instant loan. All the process is fast. Payme India personal loan is available with a lower interest rate.
It will take less than a minute to get the money to a bank account. The minimum documentation will require to apply.
Payme India Personal Loan Quick Recap
| Loan Amount | Up To 2 lakh |
| Interest Rate | 18% to 42% p.a. |
| Repayment Tenure | 3 months to 24 months |
| CIBIL | 650+ |
| Foreclose Charge | NIL |
| Processing Charge | Up To 10% + GST |
| Eligible For | Salaried Person |
Benefits of Payme India Personal Loan
Paperless Process: The process is 100% paperless. Just submit all the documents at the loan process time.
Collateral-free: Payme India does not take any co-applicant / collateral documents. This is a collateral-free loan process.
Digital Approval: Fully digital process. Paytm India is offering an online process.
No Foreclosure Charge: Don’t need to pay to foreclose charges. The foreclose charges are nil.
Affordable EMI: Payme India provides affordable EMI to customers. The loan tenure is 3 months to 24 months.
Attractive Interest Rate: The interest rate starts from 18% to 36% per annum. This will depend on your credit score.
Also Read: Personal loan for minimum salary 13000
Eligibility Criteria for Payme India Loan
- Indian Citizenship
- Age: 21 to 58 years required
- Minimum CIBIL 650+ required
- A monthly net salary of INR 15,000 required
- Payme India currently offers the loan in Delhi, Mumbai, Pune, Hyderabad, Bengaluru, Kolkata, Lucknow, Jaipur, Ahmedabad, Bhopal, Coimbatore, Nashik, Patna, Vadodara, and Chennai.
Payme India Loan Documents Required
Payme India does not have too much documentation process. You can apply for a loan with minimal following documents:
- Proof of Identity (Pan Card/ Aadhaar Card)
- Proof of Address (Aadhaar Card)
- Last 3-month Salary Slip
- Recent 6-month bank statement pdf
- Aadhaar-linked mobile number
- Income tax return or form 16
Also Read: How to get a loan quickly without trouble
Payme India Personal Loan Interest Rate
Payme India offers the below interest rate to customers:
| Minimum Interest Rate | 18% p.a. |
| Maximum Interest Rate | 42% p.a. |
Payme India Loan Fees & Charges
| Foreclose Charge | NIL |
| Processing Charge | Up To 10% + GST |
| Pre-part Payment | NIL |
| Late Payment Fee | Applicable |
How to Apply for Payme India Personal Loan
Step 1: Click on the “Payme India Loan” button.
Step 2: Register with your mobile no and Email ID.
Step 3: Fill in all the details like Name, Address & Bank details.
Step 4: Upload your Pan Card, Aadhaar Card & Bank statement.
Step 5: Now, you will get the credit limit.
Step 6: Sign up E-mandate process.
Step 7: You will get the money instantly to your bank account.
Also Read: Zype Instant Personal Loan
Payme India Personal Loan Customer Care
Payme India customer care services are available 24/7. Contact customer care for any queries.
Customer Care Number: 0120-697-1400 (Working Hours: Mon-Sat 10 AM- 6 PM)
Email ID: [email protected]
FAQs on Payme India Loan
What is the maximum loan available from Payme India?
Payme India is offering up to 2 lakhs instant loans.
Can I get Payme India Loan with low CIBIL?
Payme India provides instant personal loans at a 650+ CIBIL Score.
How to contact Payme India customer care?
You can contact customer care through this number 0120-697-1400 or send mail to the official mail id [email protected].
What is APR Payme India offering?
Payme India is offering 18% to 42% APR to their customers. If you have a healthy credit score, you will get the best rate.