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How to get Instant Personal Loan Loan By PayMe India, PayMe Loan App India Review

How to get Instant Personal Loan Loan By PayMe India, PayMe Loan App India Review
Written by bobby
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How to get Instant Personal Loan Loan By PayMe India, PayMe Loan App India Review : Payme India offering online flexi loans in India makes it easy for you to get your hands on short term cash loans.There salary based loans are innovative with fast approval and transfers.

PayMe is a fintech company that provides personal loans to Indians. The company was founded in July 2018 by Vishal Garg. Garg had an entrepreneurial background and in 2013 he had set up India’s first crowdfunding website for students, IcanHelpU. As of April 2019, PayMe has extended over 800K loans with an average ticket size of Rs. 1,40,000 (~$2,000).

How to get Instant Personal Loan Loan By PayMe India, PayMe Loan App India Review

The company aims at creating the best products that will help people across segments get any financial aid that they need. Their aim is to become the preferred means of financing that not only offers easy access to money but also gives you the best possible services

How to get Instant Personal Loan Loan By PayMe India

Friends, today’s post is for those people whose life has become very difficult due to lack of money. Those who need money very much and they do not have money at all. Those who want that they do not have to spread their hands in front of anyone for money . Friends, if you are also one of those people who need money a lot at this time and you do not have any money at all, then this post is for you.

In this post I will tell you how you can take online loan sitting at home and fulfill your money requirement. Friends, read this post till the end for complete information. Friends, the name of the app that we are going to talk about in this post today is PayMe Loan App. Friends, read this post of today completely and carefully because in today’s post you will know how you can apply for loan from PayMe Loan App, what documents you will need to take loan from PayMe Loan App PayMe Loan App For how many days you will get loan from PayMe Loan App, you are going to know all this in today’s post. So friends, without delay, let’s start this post of ours today.

PayMe Loan App Review

Friends, before moving forward in today’s post, let’s know a little about PayMe Loan App. Friends PayMe Loan App is an online loan app. With this app, you can easily take a personal loan up to 2 lakhs. Friends, this app is helping people by giving loans for a long time. This app was started on 29th May 2017 and till now more than 10 lakh downloads have been done on the play store of this app.

Online personal loan app to apply loan of Rs. 2000 to Rs. 2 Lakh for a tenure of 3 to 24 months & processing fees of 5% plus GST (Min Rs 100+GST and Max Rs 5,000+GST) maximum APR of 18-35 percentage.Just register on PayMe India Mobile App and get the desired amount directly to your bank account.

PayMe India has further introduced ‘PayRent’ feature, which enables a customer(s) to pay its monthly rent payment, through Credit Card.With the option of paying rent through a Credit Card, a customer can free up cash, enjoy the interest-free credit period, and earn reward points on credit card spends.

You simply need to add the landlord’s bank account details on PayRent section of the PayMe India app to instantly transfer the rent from your credit card.

PayMe India – Customer Care

To contact PayMe India, you have the following options:

Exclusive features:

• 100% paperless process

• Upto Rs 2 Lakh limit.

• Easy and flexible repayment options.

• Faster approval & sanctioning process.

• Zero – NIL charges on foreclosure.

• Zero – NIL charges on pre-part payment.

• A collateral-free personal loan.

• Convert your short term personal loan to an EMI term loan.

• Privilege to pay monthly rent payments via credit card.

How much loan will be available from PayMe Loan App?

Friends, you can take loan from 15 thousand to 2 lakh with PayMe Loan App.

For how long the loan will be available from PayMe Loan App?

Friends, you will get 3 to 24 months to fill the loan you get from PayMe Loan App.

How much interest will be charged from PayMe Loan App?

Friends, you will get maximum 35% interest annually on the loan amount you get from PayMe Loan App.

Example

Example: Loan Amount: Rs 75,000, Tenure: 12 Months, APR: 24% (on Reducing Principal Balance interest calculation), EMI: Rs 7,092, Total Interest Payable: Rs 10,104, Processing Fees (incl. GST): Rs 4,425, Total cost of loan: Rs 85,104.

What documents are required to take a loan from PayMe Loan App?

  1. ID Proof
  2. Address Proof

Who can take PayMe Loan App Loan?

  1. Must be a citizen of India.
  2. You must be above 18 years of age and 56 years or less.
  3. You must have a job.
  4. You should have 6 months work experience.
  5. Your minimum income should be 15 thousand.

Why PayMe Loan App App?

  1. You get the option of installments to pay the loan in this.
  2. From here your loan gets approved very quickly.
  3. It is 100% online.
  4. You are not charged any extra charges.

How to take loan with PayMe Loan App?

  • First of all you have to download PayMe Loan App from Play Store.
  • Now you have to register in it with your mobile number.
  • After that you have to enter all your information.
  • After that you have to upload your documents in it.
  • After this your loan will be approved and the money will come in your account.

PayMe – PayMe India Loan Apply Online

App link – Click Here

Friends, in today’s post, know how you can apply for a loan from PayMe Loan App. To take PayMe Loan App, from which documents you will need, for how long you will get loan from PayMe Loan App, how much interest will be charged and much more, go to this post of yours today.

Friends, if you like this post, then please share this post and if you have any doubt related to this post, then you can ask by commenting below. Friends, you have read this post so carefully and you have given your precious time to it, thank you very much for that. See you in the next post.

FAQs – PayMe India Loan

How much loan can I get through PayMe India?

Customers can get up to 50% of their monthly income as a loan, subject to a maximum loan amount of  1,00,000 each time.

Can I avail more than one loan through PayMe India?

You can apply for another loan after you have completely repaid any existing loan. However, you will have to wait for a period of 5 days before applying for a second loan.

Can PayMe India services be accessed from any city?

The services of PayMe India are currently available in Delhi/NCR, Pune, Mumbai, Bengaluru, and Chennai.

How will the customer be notified about loan approval?

Once the loan has been approved, the customer will be notified via SMS to the registered mobile number.

How long will it take to disburse the loan?

The loan will be credited to the bank account of the customer on the same day it is approved or within 24 hours of approval.

About the author

bobby

Hi, I am Bobby. Blogger India. I love writing, and reading articles. Blogging is my passion. I have started my blogging career in 2016.

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