Frequently Asked Questions (FAQ)
1. What is Paissamarket.com?
Paissamarket.com is a loan assistance platform that helps customers connect with banks, NBFCs, and financial institutions for different types of loans, including personal, business, home, PMEGP, and Mudra loans.
2. Do you provide loans directly?
No, we are not a lender. We work as an intermediary to help you find the best loan offers from our trusted partner banks and NBFCs.
3. What types of loans do you offer?
We assist with:
- Personal Loans
- Business Loans
- Home Loans
- PMEGP (Prime Minister’s Employment Generation Programme) Loans
- Mudra Loans (Micro Units Development & Refinance Agency)
4. How do I apply for a loan?
You can fill out our online loan application form on Paissamarket.com. Our team will contact you, verify your details, and connect you with suitable lenders.
5. What documents are required?
Typically, you will need:
- ID proof (Aadhaar, PAN card, passport, etc.)
- Address proof
- Income proof (salary slips, bank statements, ITR)
- Business proof (for business loans)
- Photographs and any additional documents requested by the lender.
6. How long does it take to get a loan approved?
The approval time depends on the lender and your documentation. It may take 24 hours to a few working days.
7. Do you charge any fees?
We do not charge any upfront fees. Any applicable lender charges will be clearly informed before you proceed.
8. Is my personal data safe?
Yes. We use encryption and secure systems to protect your data. Your information is shared only with trusted financial partners.
9. What is a PMEGP loan?
The PMEGP loan is a government scheme that provides financial assistance to individuals for starting small businesses and generating employment.
10. What is a Mudra loan?
Mudra loans are provided under the Pradhan Mantri Mudra Yojana (PMMY) for small businesses, startups, and entrepreneurs to meet their funding needs.