Paytm has digitised the entire process for loan application and disbursal with no physical documentation required.
Jan 08, 2021 17:16:58 IST
India s digital financial services platform Paytm has launched new Instant Personal Loans on its platform to facilitate access to credit services to its one million customers. The service, which is active 24x7, for 365 days a year, allows users to get a loan in less than two minutes. The service can also be availed on public holidays and weekends, Paytm said during the announcement. Paytm is the technology & distribution partner for non-banking financial companies (NBFCs) and would help them expand the reach and adoption of loan services to salaried individuals, small business owners, and professionals, Paytm said during the launch.