How to take loan from Payme India app 2024 | Payme India app se loan kese le 2024

Payme India interest rate and other charges

Payme India interest rate varies from 10.00% to 20.00% APR. And you can take loan for 60 days to 90 days.You can borrow from 10,000 Rs. to 10 lakh form Payme Indian application.
It also charges the processing fees which depends upon the loan amount.

How to get loan from Payme India

Now how to get loan from Payme India application.

1. Go to Playstore and download Payme India application.
2. Login or signup using your mobile number.
3. Now goto loan section.
4. Enter the loan amount or select any pre-approved loan.
5. Check the interest rate and other charges.
6. Fill your details.
7. Submit all the required documets.
8. Complete KYC.
9. Your loan amount will be credited into your account within 48 hours.

Payme India loan requirement

• Good Credit Score: Between 650 - 900.
  Click here to check your credit score for free


• Proof of Income: Employment details or a fix and stable income source to ensure that you can pay the installments.


• Personal Identification: Valid ID card like Adhaar Card, a driver's license or passport.


• PAN (Pemanenet account number) card.


• Residential Proof: Verification of address through bills or lease agreements.

Is Payme India trustworthy ?

Payme India is an India based Finance company registerd by RBI, So yes it is without an doubt trustworthy and also protests the user personal information. Its founders are Tushar Aggarwal and Shruti Aggarwal. Tushar has over 20 years of experience in investment banking and private equity and Shruti has over 20 years of experience in financial services and entrepreneurship.Shruti was the Founder and CEO of Secret Cach� New York. Tushar holds an MBA from The Wharton School at the University of Pennsylvania and the CFA charter.

Benefits of personal Loan application

Personal loans have many advantages for people in India. They offer quick access to money for different needs like paying off debts, renovating homes, or handling emergencies. You don't need to give any security, so your assets are safe. The interest rates are fixed, and you have to pay a set amount each month, making it easy to plan your budget. Personal loans usually have lower interest rates than credit cards, saving you money. They also help simplify things by combining all your debts into one manageable loan. You can use the money however you want, giving you freedom. Having a fixed time to repay the loan helps you stay disciplined. Paying back on time can also improve your credit score, making it easier to borrow in the future. Sometimes, you might even get tax benefits if you use the loan for things like home improvements. Just remember to compare different options to get the best deal.