Paytm Business Loan – 2023

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.

Paytm Business Loan – 2023

Interest Rate As per the applicant’s profile and business requirements

Eligible Entities Paytm Merchants

Max. Loan Amount Up to Rs. 5 lakh

Repayment Tenure Repay in daily installments via Auto Deductions from Paytm settlements

Collateral Not required

Foreclosure Charges Nil

Lending Partners Suryoday Bank, Fullerton India, Piramal Finance & Clix Capital

Note: Loan facility is offered by Paytm’s NBFC partners, such as Piramal Finance, Fullerton India, Clix Capital and Suryoday Finance.

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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


Q. What is the loan amount offered by Paytm for its business loan?

Ans. The maximum loan amount offered is up to Rs. 5 lakh.

Q. Do I need to submit any collateral, if I take a business loan from Paytm?

Ans. No, there is no need to provide any collateral in case you want to take a business loan from Paytm.

Q. What is the Paytm business loan customer care number?

Ans. 0120-4456-456 is Paytm helpline number and can be contacted 24X7.

Q. What are the foreclosure charges on its business loan?

Ans. Nil, there are no foreclosure charges charged by Paytm on its business loan.