Hello friends, I welcome you all to today’s article where we will inform you about how to take a personal loan using PhonePe. PhonePe is a digital transaction application with the help of which millions of people carry out digital transactions today. In such a situation, when people suddenly need money, they start running here and there for personal loan and instant loan, then let us tell you that now there is no need for you to visit any bank or office because PhonePe is now providing the facility of taking personal loan sitting at your home,
with the help of which you can take a loan of maximum Rs 5 lakh in just a few minutes. To take personal loan from PhonePe, it is very important for you to have a smartphone, along with this your mobile number should be linked to your bank account, only then you can apply for personal loan from PhonePe. The complete information of which will be given in detail in today’s article, for this you will have to read this article carefully till the end.
Documents for PhonePe Personal Loan
To take a loan through PhonePe, it is very important to have some important documents, the knowledge of which is essential for you. Only then you can easily take the loan. All the documents required to complete the PhonePe loan process are mentioned below.
- Aadhar Card
- Pan card
- email id
- bank account passbook
- bank statement
- salary slip
- mobile number
- passport size photo
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 steps given below, which will be of this format –
- To take a personal loan from PhonePe, first of all you will have to download both PhonePe Apps or PhonePe Business Apps from the Play Store of your mobile phone.
- After downloading, you will have to register in this application through mobile number.
- After that, you will have to link your bank account in the application and activate your UPI ID.
- After completing all the processes, you will be taken to the dashboard. Once on the dashboard, you will find an option to “See All,” which you will need to click on.
- After that, a list of loan giving companies will appear and you will have to select the company from which you want to take a loan.
- Then the application form related to taking loan will open in which you will be asked for personal information which you will have to fill carefully and click on submit option.
- Now you will have to provide details related to the loan such as loan amount, loan disbursement period and any other information.
- After that, you will have to fill the details of the bank from which you want to take the loan amount and scan and upload all the required documents.
- After doing all this, you will have to submit your loan application form finally.
- After that, the loan gets approved through PhonePe within some time. After approval, the loan amount is transferred to your bank account.
In this way, you can easily apply online for a personal loan from PhonePe by following all the steps mentioned above while sitting at home.
conclusion –
Friends, in today’s article, we have given you information about how to take a personal loan from PhonePe. We have explained its entire online application process in detail so that you can easily take a personal loan from PhonePe while sitting at home and can also avail its benefits. Friends, if you all liked today’s article, then do share this article.