Hello friends, I welcome you all to today’s article. Friends, I will give you information about how to take a personal loan through PhonePe. Friends, taking a loan from a bank is a long and complicated task which demands a lot of documents and time. Among these, there is a relatively easy app on the phone which lends you money without much paperwork and hassle.
If you understand its terms and conditions, then you can get a loan as per your need. In today’s article, we will tell you all the details about it so that you can easily take a personal loan from PhonePe and avail its benefits. But for this, you will have to read this article carefully till the end. 
What is PhonePe?
PhonePe is a very popular digital payment application in India. This application provides you with the facility of digital payment as well as many other facilities. Electricity bill and mobile recharge can also be done using this digital payment application. But now along with all these digital facilities, PhonePe loan facility is also available to the customers. PhonePe application is received by many Indian Reserve Banks and NBFCs. This is a trustworthy and secure application.
Eligibility for PhonePe Personal Loan
- To avail loan from this app your age should be at least 21 years. You can avail PhonePe loan facility only after completing the age of 21 years. Only people with age ranging from 21 years to 60 years can avail this loan.
- To take a loan from PhonePe your minimum income should be up to 15 thousand. You can decide the loan amount as per your income.
- To take loan your credit score should be 700 or more. For KYC you should have all the documents like Aadhar card and PAN card.
How to take PhonePe Personal Loan?
Friends, if you want to apply online for taking a personal loan from PhonePe, then for this you will have to follow all the policies mentioned below step by step, which will be of this policy –
- To take a personal loan from PhonePe, first of all you will have to open Play Store in your smartphone and download and install the PhonePe app from there.
- If PhonePe application is already installed in your smartphone then first of all you will have to update it from Google Play Store.
- After that, after entering all the required information, you will have to fully activate the PhonePe app and after that you will see the dashboard of the PhonePe application, in which you will have to click on the Loan option.
- After that you will get to see desired offers related to loan which you will have to choose as per your need.
- After that you have to click on the personal loan option and now the loan application form will open for you to apply for a personal loan.
- Now all the information asked in this loan application form will have to be filled correctly and after that as per requirement all the required documents will have to be scanned and uploaded.
- After that you will have to complete the E KYC of the loan and after signing the loan agreement, you will have to click on the submit option.
- As soon as you click on submit option, your PhonePe personal loan online will be successfully applied.
conclusion –
Friends, in today’s article I have given you information about how to take a personal loan from PhonePe. I 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 with your friends.