Hello friends, I welcome you all to today’s article. Friends, I will inform you how to take personal loan from Google Pay. Friends, today when there is a sudden need of money, personal loan comes forward as the quickest and easiest solution. Traditionally, banks and non-banking financial companies have been providing such loans, but now digital wallets have also entered this field. One of these is Google Pay which is providing personal loan facility to its users.
This digital platform is offering instant personal loans ranging from Rs. 30,000 to Rs. 10 lakh in partnership with many big banks and financial institutions of the country. The tenure of this loan can be from 6 months to 5 years. If you also want to take a personal loan through Google Pay, then in today’s article we will tell you all the information about it in detail so that you can easily take a personal loan through Google Pay and also avail its benefits. For this you will have to read this article carefully till the end.
Eligibility for Google Pay Personal Loan
- The age of the applicant taking personal loan from Google Pay should be at least 21 years and maximum 60 years.
- The credit score of the married person taking personal loan should be more than 600 or 650.
- You should have a regular source of income. If you are employed then your monthly income should be at least Rs. 15,000 and if you are self-employed then your annual income should be more than Rs. 5 lakhs.
- You should have a government bank account which is linked to Google Pay.
How to take loan from Google Pay?
Friends, if you want to apply online for personal loan from Google Pay, 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 Google Pay, first of all you have to download the Google Pay app on your smartphone and login with your registered mobile number. You will have to ensure that your app is updated.
- After that, on the home page of the app you will see the section “Money” or Manage your money, on which you will have to click.
- You will get the option of loans under the money section. Here you will be shown a list of loan offers that are available to you. These offers are pre-qualified on the basis of your transaction history and credit score.
- You will have to choose a loan offer as per your need from the available offers. You will have to carefully read the offer details like loan amount, interest rate and duration and after that you will have to click on Apply Now or Get Started option.
- To apply for a loan, you will need to upload your KYC documents. This can include Aadhar card, PAN card and proof of your income like recent salary slip or bank statement. Some lenders also complete the video KYC process.
- After submitting all the details and documents, you will have to sign the loan agreement digitally. For this, you will get an OTP, by entering which you can complete the process.
- After loan approval, the amount will be deposited in your linked bank account within a few minutes or maximum 24 hours. You will get information about this through Google Pay App or SMS.
conclusion –
Friends, in today’s article I have given you information about how to take a personal loan from Google Pay. I have told you about its complete online application process in detail so that you can easily take a personal loan from Google Pay by applying online while sitting at home and can also get its benefit. Friends, if you all liked today’s article then please share this article.