Hello friends, I welcome you all to today’s article. Friends, I will give you information on how to take a personal loan from Google Pay. Friends, today who does not use Google Pay, hardly there would be anyone who does not use Google Pay, do you know that you can take a loan from Google Pay.
A loan of up to Rs. 5 lakh can be easily taken from Google Pay with the help of Aadhar card and PAN card. In today’s article, we will tell you its complete information in detail so that you can easily take a personal loan from Google Pay and avail its benefits. But for this you will have to read this article carefully till the end.
How to take personal 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 will have to open the Google Pay App.
- After that, on the home screen of Google Pay app, you will see an option named “Preferred Loans” on which you will have to click.
- After clicking on “Get Now” you will have to click on “Activate Now” and after that you will have to verify your mobile number.
- After that you will have to fill some of your information like your name, PAN card, email ID, what work you do, what is your monthly income, how much loan you need i.e. tell the loan amount etc.
- After filling all the details, you will have to click on the “Proceed” option shown at the bottom.
- After that all your information will be verified and then you will be told whether you are eligible for the loan or not.
- If you are not able to fulfil the eligibility criteria for the loan then “Not Eligible” will be displayed on the screen of your mobile phone. This means that the loan applied by you will be rejected and you will be informed when you become eligible for the loan.
- If you are eligible for a loan then you will have to submit your documents like PAN card, Aadhar card etc. and you will also have to provide your bank account details.
- After completion of your KYC documents, the loan amount will be transferred to your bank account.
In this way, by following all the steps mentioned above, you can easily apply online for personal loan from Google Pay.
Google Pay Personal Loan Interest Rate
Talking about interest, as we came to know that Google Pay gives loans through a third loan provider by that name there is a preferred loan app which charges you loan interest rate between 18% to 36% i.e. if you take a loan of Rs 1 lakh for 1 year, then you can charge loan interest ranging from Rs 18000 to Rs 36000. It gives you loan at how many percent between 18%-36%, it depends on your CIBIL score, your transaction, salary and for how long you are taking the loan. Let me tell you the processing fee, it takes 3% to 5% for the amount of loan you are taking.
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 definitely share it.