PhonePe Personal Loan Online Apply | How to take a loan from PhonePe

Hello friends, I welcome you all in today’s article. Friends, we will give you information about how to take a personal loan from PhonePe. Friends, do you also want to take a loan and are not able to understand from where to take the loan, then PhonePe loan can be a good medium. Earlier, PhonePe was used only for online payment and recharge etc. and it is used even today, along with all this, now PhonePe also gives loan. How to take a loan from PhonePe, its complete information will be told in detail in today’s article. For this, you will have to read this article carefully till the end.

PhonePe

Table of Contents

What is PhonePe?

PhonePe Loan is a kind of instant digital merchant loan from where you can take a loan from Rs. 50,000 to Rs. 5 lakh, that too online from the comfort of your home. You get a loan repayment period of 3 months to 30 months. Here you get the option of many loan lenders from whom you can take a loan by choosing the right loan interest rate and as soon as your loan is approved, your loan amount is sent to your bank account.

How to take a personal loan from PhonePe?

If you want to apply online for a personal loan from PhonePe, then for this you will have to follow all the procedures given below step by step, which will be of this format –

  1. To take a personal loan from PhonePe, first of all you will have to open the Play Store of your mobile phone and from there you will have to install the PhonePe App.
  2. If you are already using PhonePe then first of all you will have to update it from Google Play Store.
  3. After updating, to apply for personal loan through PhonePe, first you will have to open the PhonePe application and after that you will see its dashboard.
  4. Now you will get to see the option of Personal Loan on the home page itself, on which you will have to click.
  5. After clicking, a new page will open in front of you, now in this page you will be able to see the loan approval amount on the home page itself.
  6. Now to apply for personal loan, you will have to click on the Apply Now option.
  7. After that, you will get to see all the approval status of the loan along with the loan approval amount.
  8. After that, to apply for the loan, you will have to click on the continue option.
  9. After that, the loan application form will open on a new page to apply for personal loan through PhonePe application.
  10. Now in this application form you will have to enter your personal details like your name, address, date of birth, PAN card number, employment type and any other information.
  11. After that you will have to complete the KYC verification process and you will see the loan approval amount and you will have to setup autopay to repay the loan.
  12. After setting up AutoPay, you will have to complete the loan agreement for the loan amount to be disbursed through PhonePe.
  13. After that, you will have to easily apply for the loan by entering all the details and after the application, the loan approval amount will be transferred to your bank account.

conclusion –

Friends, in today’s article, we have given you information about how to take a personal loan from PhonePe. We will tell you its complete online application process in detail so that you can easily take a personal loan from PhonePe by applying online from the comfort of your home and can also avail its benefits. Friends, if you all liked today’s article, then please share it.

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