How to take personal loan from PhonePe |
Hello friends, I welcome you all to today’s article. Friends, we will give you information about how to take personal loan through PhonePe. Friends, in today’s digital era, all money services are included in your smartphone. PhonePe is the only service which provides you the facility of taking instant personal loan. Through PhonePe, you can instantly take a loan of up to Rs. 5 lakh and that too at 0% interest rate.
If you also want to apply for a personal loan from PhonePe, then in today’s article we will tell you all the details about it so that you can easily take a personal loan from PhonePe and also avail its benefits. But for this you will have to read this article carefully till the end. 
Documents required to avail personal loan from PhonePe
- Aadhar card
- pan card
- Bank statement of last 3 to 6 months
- mobile number linked to aadhaar card
- passport size photo
Eligibility for Personal Loan from PhonePe
- The applicant applying for personal loan through PhonePe should be an Indian citizen.
- The age of the applicant taking loan should be between 21 years to 60 years.
- You must have a good credit score (700 or above). However, if your credit history is good, you can easily get a loan.
- Applicants taking personal loan through PhonePe must have a stable source of income. This ensures that you can repay the loan instalments properly.
How to take personal loan from PhonePe?
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 and install the PhonePe application from the Google Play Store on your mobile phone.
- If PhonePe application is already installed in your mobile phone, then first of all you will have to update it from Google Play Store.
- After that, you will have to enter all the required information and fully activate the PhonePe application.
- After that you will see the dashboard of PhonePe application in which you will have to click on the Loan option.
- Now you will get to see your desired offers related to loan from which you will have to choose as per your need.
- After that you will have to click on the Personal Loan option.
- Now the loan application form for applying for a personal loan will be opened for you. You will have to fill in all the information asked in this loan application form correctly.
- After that, as per requirement, all the important documents will have to be scanned and uploaded.
- After the documents are uploaded, the E-KYC process of the loan will have to be completed and after signing the loan agreement, click on the submit option.
- As soon as you click on submit option, your PhonePe personal loan online application will be successfully completed.
In this way, by following all the steps mentioned above, you can easily apply online for personal loan from PhonePe while sitting at home.
Benefits of taking loan from PhonePe
- After applying for a loan through PhonePe, you get the loan approval within a few minutes. This is a quick and convenient scheme.
- To take a personal loan through PhonePe you need very few documents. Generally you will have to provide Aadhar card, PAN card and bank account number.
- After loan approval, the loan amount is immediately transferred to your bank account, providing you a quick solution to any financial need.
- PhonePe offers you the option of easy and flexible loan EMI so that you can repay the loan in installments as per your convenience.
- The most important thing is that under some offers, PhonePe provides you loan at 0% interest. This is one of the best options for getting a loan as you do not have to bear the burden of interest.
conclusion –
Friends, in today’s article we have given you information that how to take personal loan from PhonePe. We have told you about its complete online application process in detail so that you can easily take personal loan from PhonePe by applying online while sitting at home and can also avail its benefit. Friends, if you all liked today’s article then please share this article.