Digital Lending

byPaytm Editorial TeamLast Updated: July 31, 2025

Definition

Digital Lending is the process of offering and managing loans through digital platforms without needing physical paperwork or in-person meetings.

How It Works

Borrowers can apply through an app or website, get approved using AI or credit scores, and receive funds directly in their account.

Benefits

Faster processing, minimal documentation, and improved access to credit for underserved users.

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