Paytm is an Indian e-commerce platform and one of the leading mobile payments and financial technology companies that helps in the purchase of products and services via instant payments done with the help of UPI using any bank account. Paytm has recently ventured into lending products and has started offering business loans to its customers. Find below the details for the same.
Apply for Business Loans for Small Businesses Apply Now
Steps to apply for Paytm Business Loan
Step 1: Download the Paytm App on a smartphone
Step 2: Go to the Business Loan tab on Paytm App
Step 3: Enter your details like PAN number, Date of Birth and Email address
Step 4: Take a Selfie to complete your KYC and profile verification
Step 5: After loan approval, get loan amount directly to your linked bank account
Benefits of Paytm Business Loan
- Offers options to open a current account for business purposes
- Simple and transparent loan process
- Feasible tracking options
- Customized passbook
- Can disburse money to user’s Paytm’s bank account
- Tracking of transaction reports is possible
- Can promote business on Paytm for Business App
- Pre-qualified loans for merchants that shall help them in expanding their businesses
- Flexible repayment options for working capital loans
- Get cash discounts from suppliers with upfront payments
- Merchants with no defaults are eligible for a higher loan limit, once the current period exhausts
Appy for Business Loan starting @ low interest rate Apply Now