Infocomm Infocomm
24th NBFC100 TECH SUMMIT AWARDS 24th NBFC100 TECH SUMMIT AWARDS
BFSI AI SUMMIT BFSI AI SUMMIT
Home Regulators RBI SEBI TechINFRA Security Data Centre Cloud Services Government Reforms DBT Aadhaar GST Payments Payment Gateways ATM Point of Sale Payment Wallets Fintech Apps Banks Public Sector Private Sector Cooperative NBFCs Year Ender Magazine Magazine Subscription Articles Interviews Webinars Webinar Videos Video Series — Innovation Talk Upcoming Initiatives BFSI Events About Us Contact Us

PayMe Inaugurates Its First Offline Branch in Delhi NCR, Strengthens Credit Access with LAP and Personal Loans

PayMe

Delhi NCR | January 16, 2026 – PayMe, an RBI-registered NBFC and emerging Indian fintech platform, today inaugurated its first offline branch in Delhi NCR, marking a significant milestone in the companyʼs expansion journey and its commitment to improving access to formal credit.

Through its first offline branch, PayMe will offer Loan Against Property (LAP) of up to ₹20 lakh, accepting both residential and commercial properties, including owned and rented assets, enabling a broader borrower base to unlock secured credit. LAP products will be available with flexible tenures ranging from 3 to 10 years. In addition, the branch will offer Personal Loans of up to ₹5 lakh, aimed at addressing the credit needs of salaried individuals, retailers, and micro and small business owners—segments that often face challenges in accessing timely and structured financing.

AdvertisementElets BFSI AI Summit & Awards, Mumbai

The offline expansion complements PayMeʼs broader digital ecosystem, which includes secured and unsecured lending products, along with SaaS-based fintech solutions offered through its technology arm, Huey Tech. By combining technology-led underwriting with on-ground customer engagement, PayMe aims to deliver faster, more transparent, and personalised lending experiences.

Commenting on the launch, Mahesh Shukla, Founder and CEO, , said,

AdvertisementInfoComm India 2026

“Despite the growth of digital lending, many salaried individuals and small business owners continue to face challenges in accessing timely and fair credit. Our first offline branch strengthens our ability to serve these segments by combining technology-driven lending with personal guidance. This expansion reflects our long-term commitment to ethical, transparent, and inclusive finance.ˮ

The branch inauguration took place today with a ribbon-cutting ceremony and media interactions.

About PayMe

Founded in 2016, PayMe is an RBI-registered Non-Banking Financial Company (NBFC) focused on delivering transparent, technology-driven financial solutions. Headquartered in Noida, the company offers secured and unsecured loan products and SaaS-based fintech solutions through Huey Tech. PayMe has empowered over 10 million customers and facilitated loan disbursals exceeding ₹2,100 crore, while continuing to promote responsible borrowing and financial inclusion across India.

Also Read: IBM Introduces New Software to Address Growing Digital Sovereignty Imperative

About Mahesh Shukla

Mahesh Shukla is the Founder and CEO of PayMe and is responsible for defining the companyʼs long-term vision and strategic direction. With over 12 years of experience in global banking and financial services, he brings deep expertise in retail lending, credit systems, and financial risk management. Under his leadership, PayMe has grown into one of Indiaʼs emerging fintech platforms, driven by innovation, compliance, and a strong focus on financial inclusion.

Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/

Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram.

Our Coverage of News

Razorpay Partners with OpenAI to Help Indian Brands Advertise on ChatGPT

Razorpay has partnered with OpenAI to help Indian brands explore advertising opportunities on ChatGPT, potentially opening a new… Read more →

GreyLabs AI Partners with Federal Bank to Deploy Voice AI Across Customer Interactions

GreyLabs AI has partnered with Federal Bank to bring Voice AI into everyday customer interactions, with applications spanning… Read more →

HDFC Bank Appoints V.N. Srivatsan as Chief Compliance Officer

HDFC Bank has appointed V.N. Srivatsan as its new Chief Compliance Officer (CCO) for a three-year term, effective… Read more →

ICICI Prudential Life Insurance Appoints Sidharatha Mishra as MD & CEO

ICICI Prudential Life Insurance Company Limited has appointed Sidharatha Mishra as Managing Director and Chief Executive Officer, effective… Read more →

NBFCs Account for 47% of New-to-Credit Consumer Originations: FIDC-TransUnion CIBIL Report

Mumbai, October 5, 2026: Non-Banking Financial Companies (NBFCs) have emerged as a major gateway to formal credit in… Read more →

Federal Bank Appoints Virat Diwanji as Executive Director

Federal Bank has appointed Virat Diwanji as Executive Director, effective October 12, 2026, following approval from the Reserve… Read more →

whatsapp--v1