Hello friends, I welcome you all to today’s article. Friends, I will inform you how to take personal loan using PhonePe. Friends, PhonePe is a mobile application which is used by everyone nowadays for digital transactions. You might also be using it, but do you know that PhonePe also gives loans in collaboration with third parties. You can fulfil your needs by taking a personal loan from PhonePe because it is very easy to take a personal loan from PhonePe.
You can get a loan of upto Rs 5 lakh approved within 10 minutes while sitting at home. But to apply for PhonePe personal loan, it is necessary for you to have knowledge related to the loan. If you do not have knowledge about it, then in today’s article we will tell you all the information about it in detail so that you can easily take personal loan from PhonePe and get its benefits. For this you will have to read this article carefully till the end.
Documents Required for PhonePe Personal Loan
If you want to apply online for a personal loan from PhonePe, then you must have the necessary documents for this –
- Aadhar card
- pan card
- Bank statement
- salary slip
- bank account
- bank account
- mobile number linked to aadhaar card
- a selfie
PhonePe Personal Loan Interest Rate
The interest rate of PhonePe personal loan depends on the terms and conditions of the third party application. You will have to pay interest as per the terms and conditions of the application through which you apply for PhonePe personal loan. If you apply for a loan from Moneyview, you may have to pay interest up to 15.96%. Apart from this, you will have to pay processing fee which can be from 2% to 8%. You can take a loan of maximum Rs. 5 lakh in 3 months on Moneyview.
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, you will first have to download the PhonePe app from your Google Play Store.
- After downloading, you will have to register in the app with your mobile number and after that you will have to link your bank account with UPI ID.
- After that, in your dashboard, near the Recharge & Bills option, there will be an option of “See All”, on which you will have to click.
- After clicking, under “Recharge & Pay Bills” you will see names of some third party companies like Bajaj Finance LTD, Home Credit, Moneyview, Navi, Buddy Loan, Kreditbee, Avail Finance etc. You will have to select the company from which you want to take a 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 with which you had registered on PhonePe.
- After that a new page will open in front of you where you will have to give some personal information.
- Now all the personal loan offers will come to you. You can choose any plan as per your wish under Select your Loan Plan.
- After that you will have to upload the necessary document by entering your banking details.
- After doing all this, as soon as the loan is approved, your loan amount will be transferred to your bank account within a few minutes.
- By following all the steps mentioned above you can easily apply online for PhonePe personal loan.
conclusion –
Friends, in today’s article we have given information about how to take a personal loan from PhonePe. We have explained its complete online application process in detail to you so that you can easily take a personal loan from PhonePe while sitting at home and can also get its benefit. Friends, if you all liked today’s article then please share this article.