Now Paytm Provide Loan to the Small Businessman for grow their Business.
Now any small businessman like Kirana Shop, Fancy Store, Mobile Shop, Vegetable Shop, Hotel etc can easily apply Loan in digitally. Paytm announced 1000 Crore rupees can distribute to the all small businessor for growing their business. If you want to apply Loan from any bank, then you have produce so many documents and also you are compulsory to submit the land patta in original and arrange a guarantor. But here Paytm can give the loan without any guarantor and you can apply online and also get the loan in your account.
Last year Paytm has provided 550 Crore to the small business enterprises as loan in the MSME Scheme, but in this year i.e. 2020-21 Paytm has announced 1000 Crore to be distribute to the small business enterprises. Any person can apply loan and get up to Rs.5.00 Lakhs.
So many pay application also available in the Market like Google Pay, Phone Pay etc. and now these companies has also announcing to provide the loan after announced of Paytm Scheme.
The CEO of Paytm Sri. Bhabesh Gupta said this loan to be provide to the small business enterprises to grow their business with low interest. After apply the loan the management committee are select the eligible candidate and provide the loan. All the process of loan apply is totally digitally.
In few days a tab will be available in the Paytm App, then you can apply loan. Thanks !
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