Hello friends, I welcome you all to today’s article. Friends, we will inform you about how to take a personal loan from Google Pay. Friends, a current loan is an unsecured loan that a person takes to fulfill his personal needs. To avail this type of loan, there is no need for collateral or guarantee. It can be used for marriage, education, travel, home renovation, medical emergency or any personal expenses. This loan can range from Rs 10,000 to Rs 2 lakh and its tenure can be from 6 months to 36 months.
The interest rate starts from 15% and is decided based on your credit history. Google Pay has made this process easy for its users by partnering with various banks and financial institutions. The complete details of which will be given in today’s article 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.
Eligibility for Google Pay Personal Loan
- The age of the applicant taking personal loan from Google Pay should be between 21 years to 60 years.
- You will need a stable income source whether you are a salaried employee or running a business.
- Your CIBIL score should be more than 750 and you should have an active bank account linked to Google Pay.
Google Pay Personal Loan Apply Online?
- To avail personal loan from Google Pay, first of all you will have to download and install Google Pay: Secure UPI Payment on your mobile phone.
- After installation, you will have to open this app in your mobile phone and you will have to register yourself on this app.
- After registration you will have to go to the dashboard and scroll down to the bottom.
- After that, you will see the option of Instant Paperless Personal Loan here, on which you will have to click.
- After clicking, a new page will open in front of you where you will find options from different companies offering instant paperless personal loans.
- Now here you will have to select the company from which you want to take a loan and click on it.
- After clicking, a new page will open in front of you, on that page you will get the option of Check Eligibility on which you will have to click.
- After that a new page will open in front of you where you will have to enter the bank details and click on the submit option.
- After that, your eligibility will be checked at the same time and if you are found eligible, the loan amount you have applied for will be deposited in your bank account and you will receive a message regarding the same.
By following all the steps mentioned above, you can easily apply online for a personal loan from Google Pay while sitting at home.
Features of Google Pay Personal Loan
- The application process is very simple and fast and you can get loan approval within a few minutes.
- The process is completely online, reducing the hassle of documentation. Personal loans offered by partner banks offer affordable interest rates.
- Personal loan is unsecured, hence you do not have to guarantee any asset.
- You can choose the EMI period as per your convenience.
conclusion –
Friends, in today’s article, we have given you information about how to take a personal loan from Google Pay. We have explained its entire online application process in detail so that you can easily take a personal loan from Google Pay while sitting at home and can also avail its benefits. Friends, if you all liked today’s article, then please share this article.