Paytm Personal Loan – Customer Care, Interest Rate, Eligibility, etc

Paytm is offering a “Paytm personal loan” of up to Rs. 2 Lakh to its customers.

You can get a personal loan from Paytm at an attractive interest rate with flexible repayment tenure starting from 18 to 36 months.

Paytm Personal Loan Details

Loan AmountMin: Rs.10,000

Max: Rs. 2 Lakh

Repayment TenureRanges from 18 to 36 months.
Paytm 2 Lakh Loan Interest Rate9% to 30%
Late Payment Chargesup to Rs.500

Important Points of Paytm Loan

Paytm FounderVijay Shekhar Sharma is the founder and CEO of Paytm.
Paytm Parent CompanyOne97 communication
Paytm HeadquarterNoida, U.P, India
Paytm App DownloadDownload the app Paytm
Paytm Promo CodePaytm Promo Code, Click here
Paytm Bank IFSC Code (Noida Branch)PYTM0123456
Paytm LoginPaytm Login

Features and Benefits of Paytm Personal Loan

  • 24 Hours Service: Personal loan from Paytm can be availed 24×7, round the year.
  • Online Process: No physical documents are required due to the digital loan process.
  • Anyone Can Apply: Paytm instant personal loan can be availed by any salaried person, small business owners, and professionals.
  • Quick Disbursal: According to the company, you can get a personal loan in just 2 minutes.
  • Flexible Tenure: Loan repayment tenure varies from 18 to 36 months.
  • Dedicated Support: Paytm customer care provide dedicated support to its customer at any time.

Paytm Personal Loan Eligibility

Paytm personal loan eligibility is different for a salaried person and a self-employed/businessman.

So, you can check your eligibility from the below table.

For SalariedFor Self-employed or Businessmen
Paytm Personal Loan Age LimitBetween 21 to 60 years.Between 25 to 65 years.
Income“Monthly Salary” should be greater than Rs.25,000.“Annual Profit” after taxes should be greater than 1.5 Lakh per annum.
ExperienceAt least 1 year.At least 2 to 3 years.
CIBIL ScoreShould be greater than 750.Should be greater than 750.

Finding Personal Loan: Click here

Documents Required for Paytm Instant Personal Loan

Here you can find the required documents for the Paytm instant loan.

For Salaried Individuals:

  • Pan Card
  • Id Proof (Passport, License, Voter’s Id)
  • Three-month bank statement
  • Three-month Salary Slip
  • 2 Passport size photo

For Self-employed or Businessman:

  • Pan Card
  • Documents for KYC (Id proof, birth proof)
  • Six-month bank statement
  • Income proof
  • Residential Proof
  • Office Address Proof
  • Proof of continuity of business

Paytm Personal Loan Online Process

If you want to know the “Paytm personal loan apply online” process, then you can follow the below steps.

Step 1: Open your Paytm app and click on the “Personal Loan” icon in the “My Paytm” section.


You can search “Personal Loan” in the search bar.

Paytm interface

Step 2: Enter your basic details like PAN card, DOB, Email id, etc, then click on proceed.

Entering pan card, D.O.B in paytm app

Step 3: Enter additional details like your occupation type, employer name, annual income, etc.

Paytm personal loan detail filling

Step 4: Select your loan amount according to your requirement.

Selecting loan amount in Paytm

Step 5: Take your selfie and verify your identity via Aadhar based OTP verification method.

Taking Selfie in Paytm app

Step 6: Add a bank account in which you want to credit the loan amount. This account will also be used to debit your monthly EMI.

Adding bank account for loan amount credit

Step 7: The loan amount will be transferred to your bank account within 1 to 2 working days.

Transferring loan amount to your account in Paytm

Thus you can get a personal loan from Paytm through the above said Paytm personal loan process.

How to Check Paytm Personal Loan Application Status

If you have already applied for a Paytm payment bank personal loan, you can check your application status by clicking on the “Personal Loan” icon in the Paytm app.

Paytm interface

If you don’t find this icon, you can search in the search box also.

How to Pay Paytm Personal Loan EMI

During the loan application process, the lender collects an eNACH mandate form from their customers.

This eNACH mandate form helps auto-debit of EMI from a customer’s bank account at regular intervals for a fixed period.

Due to unavoidable reasons, If your EMI is not cleared from your bank account via the auto-debit eNACH mandate on the due date, You can pay Paytm personal loan EMI payment through the “Pay Now” section of the loan passbook in the Paytm app.

Personal Loan Other Charges

You can check additional charges and fees on personal loans from the below table.

Processing FeeUp to 6% of the loan amount
EMI Bounce ChargesRs.200/- to Rs.1000/-
Pre-closure Charges2% to 6%
Part-prepayment Chargesapprox. 2%

Paytm Personal Loan Foreclosure Charges

You may foreclose the Paytm personal loan as per the term and conditions of the lender, through the “Pay Now” section of the loan passbook in the Paytm app.

Choosing foreclosure will lead to additional charges, which can vary from lender to lender.

You can check foreclosure charges in the “Loan Agreement” of your lender.

Generally, the loan pre-closure charges range between 2% to 6% varying from lender to lender.

Paytm Personal Loan Rate of Interest

The rate of interest depends upon many factors like your lender, CIBIL score, loan amount, and tenure of the loan.

The interest rate is shown to you during the loan application process before availing of the loan.

Paytm loan interest rate may vary from 9% to 30%.

Paytm Personal Loan Customer Care Number

Paytm customer care number is available 24×7 but they contact you between 10 a.m. to 8 p.m.

Currently, the helpline is available in English and Hindi language.

Paytm Customer Care Number0120 3888 3888
For General
Customer Queries
Headquarters AddressSkymark One,
Shop No.1, Ground Floor, Tower-D,
Plot No. H-10B, Sector 98, Noida,

Phone: +91-120- 4770770
Fax: +91-120- 4770771
Customer Care: 0120-38883888

Paytm Personal Loan EMI Calculator

Paytm personal loan interest rate calculator helps to find out the monthly EMI that you’d be paying on your personal loan.

Paytm Personal Loan Calculator

Paytm Personal Loan Reviews

Aanand Kumar – Excellent. I am using it for many years. There is one suggestion. When we click on Pay, the choice ” scan any QR code” comes at the bottom center of the screen. Advertisements are running on that portion of the screen and the choice is not clearly visible. It is suggested that this choice may be placed at the top or at a distinctly visible part of the screen where it is not cluttered by advertisements.

Krishna Dhingra – Just an amazing app, used almost everywhere in India! The UI of the app is very easy to understand. Also, we can easily do payments anywhere in just a few clicks without any long process of going to banks! It’s a faster & easier way to recharge, pay bills, send or receive money, link bank accounts, UPI transactions, book tickets & much more! But sometimes I face some issues of loading, can’t show balance, or sending money that is very frustrating, so I hope you guys will fix it an otherwise great app.

More Paytm Review

Paytm FAQs

Q: Is Paytm Loan Safe?

Ans: Paytm personal loans are safe and secure. RBI-registered NBFC/Bank disburses personal loans in the Paytm app.

Q: Does Paytm give Loan?

Ans: Yes, Paytm is offering Personal loans to its customer.

Q: Can I get a personal loan from Paytm?

Ans: Anyone who has a stable source of income can get a personal loan from Paytm.

Q: How much loan can I get from Paytm?

Ans: Customers can get a Paytm personal loan from Rs.10,000/ to Rs. 2 Lakh.

Q: Is the Paytm loan interest-free?

Ans: No, each personal loan comes with interest which is paid to the lender along with the loan amount.

Q: What is the interest rate of a Paytm personal loan?

Ans: Paytm personal loan interest rate in 2022 ranges from 9% to 30% per annum.

Q: How to close the Paytm personal loan?

Ans: You can foreclose the loan by the “Pay Now” option of the loan passbook in the Paytm app.

Q: When would my EMI start after loan disbursement?

Ans: If the loan disbursement date is between 1 to 15 of a month, then your first EMI will fall in the next month.

If the loan disbursement date is between 15 to the end of the month, then your first EMI will fall in the next to the next month.

Q: How can I change my bank account used for repaying the EMI?

Ans: Currently, Paytm is not offering a bank account changing facility for repaying the EMIs.

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Jony Baku
Administrator at Finance Expert | Finance Expert

Hello friends, I am Jony Baku and a resident of Haryana, India. I took my first step into the blogging world in 2019 and since then I have been trying to contribute in this field. I love writing and reading articles, that's why I try hard to write my articles as best as possible.

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