Hello friends, I welcome you all to today’s article. Friends, we will give you information about how to take personal loan from PhonePe. Friends, nowadays it has become very easy to take loan from digital platform. If you also have immediate need of money and you do not have any strong document, then you can take instant loan through an application like PhonePe.
Phone Pe is now providing you the facility of giving loan up to Rs. 5 lakh easily and quickly. In today’s article, we will tell you its complete information in detail so that you can easily take personal loan from PhonePe and avail its benefits. But for this you will have to read this article carefully till the end. 
Documents required to avail personal loan from PhonePe
- Aadhar card
- Pan card
- mobile numbr
- address proof
- income proof
- If you have CIBIL score then
- ITR for self-employed
- Salary slip for salaried employees
Eligibility for PhonePe Personal Loan
- To take a personal loan from PhonePe, first of all you must be a permanent resident of India.
- The age of the applicant taking personal loan through PhonePe should be between 21 years to 57 years and it is very important to have his own bank account.
- The CIBIL score of the applicant taking personal loan must be more than 700.
- If you want to take advantage of PhonePe then it is very important to use Paytm in your Android phone.
How to take personal loan from PhonePe?
If you want to apply online for personal loan from PhonePe, then for this you will have to follow all the processes mentioned below step by step, which will be of this process –
- To take a personal loan from PhonePe, first of all you will have to open the Google Play Store on your mobile phone.
- After that, by clicking on the search option, you will have to download and install the PhonePe application in your mobile phone.
- After that you will have to fully activate the PhonePe application through your mobile number and OTP.
- If you are already using the application on your phone then you will have to update it to the latest version from Google Play Store.
- After updating, you will have to open this PhonePe application.
- After opening the account, you will be provided loan by various companies on the dashboard, you will see the names of all those companies.
- From all the companies shown, whichever company you want to take PhonePe personal loan through, you will have to click on it.
- After clicking, the application form for personal loan application will open in front of you.
- In this loan application form, you will have to enter all the information asked for correctly and after entering all the information, you will have to upload all the documents as per requirement.
- After that you will have to carefully check all the information provided by you and after that you will have to click on the submit option.
- As soon as you click on submit option, your application for PhonePe personal loan will be successfully submitted.
- The loan approval amount will be credited to your bank account within 24 hours of the application.
By following all the steps mentioned above, you can easily apply online for a personal loan from your PhonePe while sitting at home.
conclusion –
Friends, in today’s article we have given you information about how to take a personal loan from PhonePe. We have told you about its complete online application process in detail so that you can easily take a personal loan from PhonePe while sitting at home and can also avail its benefits. Friends, if you all liked today’s article then do share this article.