Payworld helps merchants grow their business by applying for loans with the click of a button. This intelligent loan platform, developed by implementing Artificial Intelligence, uses fully integrated Aadhar & India Stack capabilities to achieve paperless disbursement. Payworld’s strategic tie-ups with various NBFCs & technological companies makes the processing of loan easier and seamless through its platform.
- The merchant should be live with Payworld for 6 months & more.
- He should be transacting with Payworld for more than 20 days & more
- His minimum Sale Amt. should be 2 lacs & more.
|Less - One Time Processing Fee on Loan Amt.||236||472||590||1,180||1,770||2,360||3,540||4,720|
|Less - Interest on Loan Amt. for the 1st month||300||600||750||1,500||2,250||3,000||4,500||6,000|
|Loan Amt. Disbursed||9,464||18,928||23,660||47,320||70,980||94,640||1,41,960||1,89,280|
|Daily deduction for 140 days with flexibility up to 180 days||71||143||179||357||536||714||1,071||1,429|
|Interest for 2nd month||300||600||750||1,500||2,250||3,000||4,500||6,000|
|Interest for 3rd month||300||600||750||1,500||2,250||3,000||4,500||6,000|
|Interest for 4th month||300||600||750||1,500||2,250||3,000||4,500||6,000|
|Interest for 5th month||300||600||750||1,500||2,250||3,000||4,500||6,000|
|Interest for 6th month||300||600||750||1,500||2,250||3,000||4,500||6,000|
- Pan Card (Mandatory)
- Voter ID or Driving Licence or Passport
- Passport Size photo / Selfie photo in soft copy
- Payworld provides loan directly in Retailer/Distributor trading wallet.
- Payworld provides a loan to retailer/Distributor with low cibil score too if he is a good retailer/distributor of Payworld.
- Merchant can apply directly from Payworld portal.
- Loan will get disbursed on the same day.
- It helps Payworld Retailers & Distributors to grow their sales by 3-4 folds.
- As EMI is daily debited from merchant’s Payworld wallet, the merchant can repay easily & no need to go to the bank or maintain his bank balance for EMIs.
- Seamless process of applying for a loan through Payworld portal.
- No paperwork involved.
- No guarantor required.
- No collateral required.
- Less time-consuming process.
- No standing in queue for applying for a loan.
- Direct credit to Payworld Id.
- No need to depend on anyone for funds to run their own business.
- Pre-approved offers provided by NBFC partner.
- Less documentation required.
- No need to go out of your shop to apply for loans.
- Doorstep service.
- 12*7 dedicated customer support.
- Merchant can rotate the same funds & make more profit.
- Fast & easy renewals on Payworld Id.