How to take loan from phonepe
Hello friends, in today’s article I welcome you all. Friends, in today’s article you will get information about how to take loan from PhonePe. Friends, in today’s time every person feels the need of immediate money in his life. In this, most of the people apply for loan from some bank but the process of taking loan from the bank takes a lot of time.
Which helps in surviving the economic crisis. There is no need for you to worry because through today’s article we are going to tell you about this loan application through which you can take an instant personal loan of up to Rs 5 lakh with minimal documents. If you also want to take a personal loan of up to Rs 5 lakh in Emarajensi, then in today’s article we will tell you all the information in full detail so that you can easily take the loan from your phone. That’s why you have to read this article carefully till the end.
Documents to take loan from PhonePe
- Aadhar Card
- Pan Card
- driving license
- Voter ID
- salary slip
- Bank statement of last 3 months
- Form 16, Income Tax Return Form
- Aadhaar OTP (for making loan agreement)
Eligibility for phone pay loan
- The applicant taking loan on phone must be from India.
- The age of the applicant taking the loan should be between 21 years to 58 years.
- The civil score of the applicant taking loan should be more than 700.
- The applicant should not have defaulted on loan from the bank.
- The applicant must be either a salaried employee or self-employed.
How to take personal loan from phonepe?
If you want to apply online to take a personal loan from your phone, then you will have to follow all the steps given below, which will be as follows –
- To take a personal loan from PhonePe, first of all you have to install PhonePe App from Play Store in your smartphone.
- You will have to create your account by entering the mobile number linked to your Aadhar card in the Bad PhonePe application.
- In use bad phonepe application you have to login by entering the password of your mobile number.
- In the application dashboard on your bad phone, you will have to click on the option of personal loan in the money field.
- Now different types of lenders companies will appear on your screen such as – Aditya Birla, Money View, Flipkart, Navi, Kreditbe etc.
- You will have to click on the finance company from which you want to take loan from the finance company mentioned above.
- If you use it, you will be redirected to the website of a bad finance company.
- After that, a new page will open in front of you in which you can check your loan eligibility by entering all the information asked by the company.
- If you use a bad finance company, you will be offered a loan limit. To avail this loan limit you will have to click on the option of apply now.
- Now the phonepe personal loan apply form will open on your screen and you will have to enter all the information asked by the same finance company.
- If you use bad Aadhaar, you will have to complete the KYC process through OTP.
- After that, e-mandate will have to be set to repay the loan.
Once the process is completed, your application form will be verified through the PhonePe application and after that your loan amount will be transferred to your bank account.
phonepe personal loan interest rate
It enables your users to avail personal loan at flat rate on phone. The interest rate on personal loan on phone varies from 12.99% to 20%. Apart from this, phonepe personal loan interest rate also depends on the civil score of the applicant and the finance company providing such loan.
conclusion-
In today’s article, we have given you all the information about how to get a loan from phone, we have given complete online information in full detail so that you can easily apply online to take personal loan from phone. Friends, if you like this information then please share this article.