Hello friends, I welcome you all to today’s article. Friends, I will give you information about how to take personal loan through PhonePe. Friends, today everyone uses a phone called mobile phone for digital loans. Maybe you also use it, but do you know that PhonePe also provides group loan along with third party loan. If you need a personal loan, then you can fulfill your demand by taking a personal loan from PhonePe because taking a personal loan from PhonePe is very easy.
You can approve a loan of Rs 1 to 5 lakhs within 10 minutes from your home. But to apply for a personal loan on PhonePe, you should have the information related to the loan. If you do not have this information, then you need not worry because in today’s article, we will tell you its complete information in detail so that you can easily take a personal loan through PhonePe and avail its benefits. But for this, you will have to read this article carefully till the end. 
Documents Required for PhonePe Personal Loan
- Aadhar card
- pan card
- mobile number
- Bank account statement
- passport size photo
- Temporary Certificate (wherever applicable)
PhonePe Personal Loan Eligibility
- The age of the applicant taking personal loan through PhonePe should be between 21 years to 58 years.
- The monthly income of the applicant taking loan should be Rs 15 thousand or more.
- The CIBIL score of the applicant taking personal loan should be 750 or more.
- The applicant taking personal loan through PhonePe must have a bank account which he is using regularly.
PhonePe Personal Loan Apply Online?
If you want to apply online for personal loan from PhonePe, 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 PhonePe, first of all you will have to download the PhonePe app from the Google Play Store of your smartphone.
- After that you will have to register in this app using your mobile number and then link your bank account with the UPI ID.
- After that, in your dashboard, under the option of “Recharge and Bill”, you will get the option of “View All”, on which you will have to click.
- Now you will get names of some third companies under recharge and bill like Home Credit, Bajaj Finance LTD, Moneyview, Navi, Kreditbee, Avail Finance, Beddy Loan etc. From these you will have to choose the company from which you want to take loan.
- If you want to take a loan from Moneyview then you will have to download this app from Google Play Store.
- After downloading, you will have to open this app and register with the same mobile number which you have used for PhonePe registration.
- After that you will be invited to a new page where you will have to provide some personal information.
- All personal loan offers will be displayed to you and you can choose a scheme as per your choice under “Select your Loan Plan”.
- After that you will have to upload the necessary documents and file the banking warranty.
- After that, as soon as the RIN is approved, your RIN amount will be transferred to your bank account within some time.
In this way, by following all the steps, you can apply online for personal loan through PhonePe while sitting at home.
conclusion –
Friends, in today’s article we have given information about how to take a personal loan through PhonePe. We have explained its complete online application process in detail so that you can easily take a personal loan through PhonePe while sitting at home and avail its benefits. Friends, if you liked today’s article then please share this article.