How to take personal loan on phone
Hello friends, I welcome you all to today’s article. Friends, in today’s article you will get information about how to take loan from PhonePe. Friends, if you use the application on your phone for digital transactions and you feel the need of money in your business and you want to take a loan, then you can apply for a personal loan through your phone because your benefits are done on the phone. Nyunatam provides personal loan from ₹10000 to ₹5 lakh against minimal documents.
If you want to apply online from home to take a personal loan of ₹ 10000 to 5 lakh through the app on your phone, then in today’s article we will tell you all the information in full detail so that you can easily take a personal loan from your phone. So that you can apply online and avail the benefits. That is why you will have to read today’s article till the very end.
Documents to take loan from PhonePe
- Aadhar Card
- Pan Card
- Mobile number linked to Aadhar card
- Salary Slip/ITR Form
- Bank statement
- Applicant’s photo
Eligibility for phone pay loan
- The applicant taking loan from PhonePe must be a citizen of India.
- The age of the applicant taking loan should be between 21 years to 58 years.
- The applicant should not have defaulted on loan from the bank.
- The civil score of the applicant taking loan should be more than 700.
- The applicant taking loan from PhonePe should be a salaried employee or a self-employed person.
How to apply online for personal loan from PhonePe?
If you want to apply online for personal loan from PhonePe, 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 download and install PhonePe App from Play Store on your smartphone.
- To use Bad PhonePe application, you will have to create your account by entering the mobile number linked to Aadhar card.
- To use Bad PhonePe application, you will have to login by entering the password in the mobile number.
- In the dashboard of your phonepe application, 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 number of the company mentioned above from which finance company you want to take loan.
- You will be redirected to the website of any bad finance company.
- Now a new page will open in front of you in which you will have to check your loan eligibility by entering all the information asked by the company.
- You will be offered a loan limit by the bad finance company. 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 in which you will have to enter all the information asked by the finance company.
- You will have to complete the KYC process through bad Aadhaar OTP.
- After that, e-mandate will have to be set to repay the loan.
By following all the steps mentioned above, your application form will be easily verified through the PhonePe application and after that your loan amount will be transferred to your bank account.
Interest rate on taking personal loan from PhonePe
PhonePe enables its users to avail personal loan at flat rate. The interest rate on phonepe personal loan 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 offering such loan.
conclusion –
Friends, in today’s article we have given you information on how to apply online to take a personal loan from PhonePe, this complete online information is given in full detail so that you can easily take a personal loan from PhonePe and benefit from it. Is possible? Friends, if you like this information then please share this article.