Personal Loan TnC

Terms & Conditions:
  • Paytm arranges pre-approved loan offers from Home Credit India Finance Private Limited (HCIN) based on your transaction history with us.
  • HCIN reserves sole right to approve or reject your loan application. The approved loan amount can be increased or decreased based on your requirements and credit assessment done by HCIN. HCIN may also ask for relevant documents as per its discretion.
  • The acceptance of the said offers will imply your consent to share the following nonpublic personal information about you:
    • Contact information such as your name, mailing address, email address, telephone number etc;
    • Your PAN, Date of Birth & Aadhar details
    • Your Transaction information on Paytm
  • You agree and authorize HCIN to access your CIBIL record and any other publicly available credit check records to assess your credit worthiness.
  • You understand and agree that Paytm is not responsible for any services that might be provided by the financial institutions, creditors, or third parties. You agree that financial institutions, creditors or third parties that receive the information described above may use that information to contact you to process and disburse your credit application.
  • You authorize One97 Communications Limited and Paytm Payments Bank Limited to share your personal information (including demographic and geographic details) with Home Credit India Finance Private Limited (HCIN) for processing the loan offered herein.
  • You also authorize HCIN and its representatives (i) to check, verify and analyze your credit and financial position, reference checks, authentication of your personal, demographic information and making related enquiries through references, including the vendors authorized and/or engaged by HCIN as well as through credit information companies, the telecom service providers & financial institutions that is currently providing you inter alia telecom, banking or other ancillary services and/ or possessing such information, as the case may be; (ii) to e-mail, call or SMS you in relation to loan and other products/services and such phone calls, SMS, e-mail, etc., shall not be covered under the purview of “Do Not Disturb” policy of the Telecom Regulatory Authority of India (TRAI). For this purpose, you grant permission to HCIN to contact you at any time between 0700 hours to 2100 hours from Monday to Sunday. You agree that the approval of loan is subject to sole discretion of HCIN and may be rejected without any reason.
  • I am interested in availing various loan repayment related facilities that may be offered by One97 Communications Limited and Paytm Payments Bank Limited upon approval of my loan by HCIN. For this purpose, I authorize HCIN to share the details of amounts payable for my loan with One97 Communications Limited and Paytm Payments Bank Limited.”