In today s ETtech Morning Dispatch newsletter, Paytm IPO is likely "before November" this year; Delhivery raises more than Rs 2,000 crore ahead of its IPO next year; and Zerodha s profit more than doubled in FY21.
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.
Paytm Offers Loans up to Rs 2 Lakh Within 2 Minutes With Instant Loans Service jagran.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jagran.com Daily Mail and Mail on Sunday newspapers.
Paytm does a Maggi! Promises personal loans in 2 minutes
The online financial services giant has partnered with several banks and NBFCs to process and disburse loans in less than two minutes
BusinessToday.In | January 6, 2021 | Updated 13:06 IST
In the beta phase, however, Paytm has disbursed personal loans to more than 400 select customers
Paytm has launched round-the-clock instant personal loan services. Through this new offering, Paytm aims to offer loans to 1 million customers by the end of the fiscal. In the beta phase, however, Paytm has disbursed personal loans to more than 400 select customers.
Interested customers can avail this facility from the Personal Loan option under the financial services section of the app. The online financial services giant has partnered with several banks and NBFCs to process and disburse loans in less than two minutes. The beneficiaries shall get flexible repayment tenure of 18-36 months and EMI will be determined accordingly.