Paytm Business Loan

Paytm Business Loan- Up To 5 Lakh in 5 minutes

Paytm is offering up to 5 lakh instant business loans. This is available for Paytm merchant account holder customers. You can get the loan without any verification. Paytm partners with different NBFCs to give this business loan.

Check out the Paytm business loan and the step-by-step process to apply.

Paytm Business Loan Quick Recap

Loan AmountRs. 10,000 – 5 Lac
Interest RateUp to 36% p.a.
Duration365 days
Customer Age18 years or above
Processing Fees2% of the loan amount
Eligibile ForPaytm Merchant Account

Benefits of Paytm Business Loan

Fast Approval: Paytm provides fast loan approval within 48 hours. After loan approval, money will be credited instantly.

Higher Loan Amount: You can get up to 5 lakh loans. It depends on your CIBIL Score & transaction on your Paytm Business account. After the check all this, you will get the loan.

Minimum Documents: You will require basic documents to get the loan. An Aadhaar Card & PAN card will be required when applying for the loan.

Collateral Free: This is a collateral-free loan. Don’t require the guarantor to apply for a Paytm business loan.

Affordable Interest Rate: Paytm is offering an 18% to 36% interest rate per annum.

Instant Business Loan: You can get a quick business loan through Paytm. Money will be credited to your account within 48 hours.

Digital Process: Paytm is giving the business loan that is 100% digital process. You can apply for a loan from home.

Without Verification: You will get the loan without any verification. If you are eligible, you will get the money in your account.

Paytm Business Loan Interest Rate, Fees & Charges

Interest rateUp to 36% p.a.
Processing Fee2% of the loan amount
Late Payment FeeApplicable
Defaulter penaltyApplicable
Loan Tenure365 days

Paytm Business Loan Eligibility

  • You will require a Paytm Business account and require transactions through a business account every day.
  • Not defaulter on the previous loan
  • The age should be 18 years or above
  • Indian Citizen
  • Paytm merchant account holders are only eligibile

Also Read: Business Loan up to 10 Lakh

Documents Required

Require the following documents to get the Paytm business loan:

  • Pan Card
  • Aadhaar Card
  • Active Bank Account

How to Apply for a Paytm Business Loan

Step 1: Click on the “Paytm Business Loan” button.

Step 2: Download Paytm apps to start the process.

Step 3: Now register your mobile no with Paytm for a business account.

Step 4: Open Paytm for a business account and go to the “Loans & Credit Cards” section.

Step 5: Click on the “Business Loan” tab.

Step 6: Fill in your basic details and check eligibility.

Step 7: You will get the loan offer after the eligibility check.

Step 8: Money will be credited to your Paytm savings account. You can transfer money to your bank account.

Also Read: Business Loan Eligibility Documents

Paytm Business Loan Customer Care Number

Contact Paytm customer care for any queries. Customer care will solve your queries within 24 hours.

Customer Care Number: 0120-4456-456

FAQs on Paytm Business Loan

  1. How to repay Paytm business loan?

    You can repay the loan amount with daily payments. Paytm is offering a daily repayment facility.

  2. How do you check the Paytm business loan offer?

    Download the Paytm for Business app and fill in your KYC details. You will get a business loan offer after accepting some transactions to this business account.

  3. Is income proof required to get the loan?

    Paytm does not take any income proof. Just a PAN card & Aadhaar Card are needed to apply.

  4. How much can I get through Paytm?

    You can get up to a 5 lac loan through Paytm.

  5. Does Paytm user can apply for this loan?

    No. Paytm business loan is available only for Paytm merchant accounts.

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