Payme India Personal Loan Full Details

PayMe India is a unique fintech organisation that brings quick financial aid at your fingertips. 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.

Documents Required for PayMe India Loan

In order to avail an instant loan on PayMe India, customers are required to upload necessary documents on the application. Once you create an account and apply for the loan, you will receive a list of documents that need to be uploaded. This includes your KYC documents such as the Aadhaar Card, PAN Card, Passport, or Driver’s License.

Features and Benefits of PayMe India Loan

PayMe India provides a unique approach to Personal Loans and payday loans. These loans are becoming increasingly popular because of the various benefits and features that they offer, as mentioned below:

  • You can get the loan instantly: The most important feature of PayMe India Loans is that the loan that you receive is almost instant. You can get a loan the same day or within 24 hours based on your eligibility for the loan. The application process is completely online and allows you to get cash instantly whenever you need.
  • The lending process is very secure: The PayMe app is a highly secure one. All the data that you provide is kept confidential. This includes the documents that you upload on the app as well. They have a very simple and transparent application process that makes this option a very reliable time.
  • Log in anytime: Being a mobile application, this is one of the easiest ways to access any loan plan that you need. The interface is extremely user-friendly, allowing you to log in easily and check for the deals available.
  • Fast approval process: The application process is no doubt, extremely simple. You also have the advantage of an approval process that is extremely easy. The assessment of each loan application is very accurate. You do not have to waste your time in long lines to get a loan anymore.
  • Exclusive plans for corporates: PayMe India also has an exclusive advance salary option for corporates along with other loan plans and deals to make sure that they are able to manage all their operations smoothly.
  • Upload documents only once: Once you apply for a loan with PayMe India, you do not have to go through the documentation process again the next time you need any loan.

Types of PayMe India Loan

PayMe India offers a variety of different loan plans, which makes it easy for you to get financial assistance despite your current financial status.

The different kinds of loans that you have access to include:

Name of the LoanPurposeFeatures and Benefits
Advance Salary LoanThis loan is provided to help individuals meet any financial requirement that may crop up before the salary is credited to their account.It helps you avoid using Credit Cards to make large payments when you are in need of urgent cash.You can avail a loan amount of a minimum of 7,000 and a maximum of 1,00,000.The repayment tenure is between 10 days and 31 days.Interest charged is extremely low and is calculated on a daily basis. For more details on the interest rate applicable on your profile, contact customer care.There are no prepayment charges on these loans.You are not charged for foreclosure of the loan before the stipulated repayment tenure.
Loan for Low SalaryThe eligibility criteria for these loans are minimal, making it easy for even those who are on their first job to enjoy the benefits of instant Personal Loans.These loans are provided to individuals with a salary that is as low as 20,000 each month.
Short Term Cash LoansGet instant cash loans to use for any business or personal purpose.You can avoid unnecessary debt cycles with access to loans for a short term.These loans are ideal for dealing with any immediate cash crunch.

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