Hello friends, I welcome you all in today’s article. Friends, I will give you information about how to take personal loan from PhonePe. Friends, in today’s digital era, it has become very easy to take personal loan to fulfill any financial need. Earlier one had to go to the bank and face a long process, but now apps like PhonePe have made this process very simple. In today’s article, we will tell you its complete information in detail so that you can easily take personal loan from PhonePe and avail its benefits. But for this you will have to read this article carefully till the end.
What is PhonePe App?
PhonePe is a money transfer app that lets you recharge your mobile using Bhim UPI, your credit card, debit card or wallet, pay all electricity bills and make instant payments at your favourite online and offline stores. You can also invest in mutual funds and buy insurance plans. You can transfer money by linking your bank account. PhonePe app is very secure.
Eligibility to take loan from PhonePe
- It is very important that the person taking personal loan over the phone should be a principal resident of India.
- The age of the applicant applying for personal loan must be between 18 to 28 years and the applicant will have to provide information about his annual income.
- It is very important for the applicant taking personal loan through PhonePe to have a smartphone connected to the internet and also have to provide complete details of the bank.
PhonePe Personal Loan Online Apply ?
Friends, if you want to apply online for taking a 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 app from the play store of your mobile phone.
- After installing, you will have to open this app and after that you will have to login with your mobile number so that you can get the loan amount in your account.
- After logging in, you will have to link your UPI ID to your account and after that you will have to click on the See All option next to the Recharge & Bills option in the dashboard.
- After clicking on the See All option, you will have to click on the Loan option.
- After that you will be shown a list of some third party companies like Money View, Navi Personal Loan, Bajaj Finance etc. Whichever application you want to take a loan from, you will have to install that application.
- After installing, you will have to register on this app with the same mobile number with which you have created your ID on PhonePe.
- After that you will have to correctly enter all the information asked for on the new page and after that you will have to choose the Personal Loan option.
- Then after disbursing your bank you will have to upload some important documents and after that you will have to click on the Apply for Loan option.
- After the application is completed, your documents will be verified via PhonePe. If everything is found to be correct, after some time your loan will be sent to your bank account via PhonePe.
In this way, by following all the steps mentioned above, you can easily apply online for personal loan through PhonePe while sitting at home.
conclusion –
Friends, in today’s article I have given you information about how to take a personal loan through PhonePe. I have told you about its complete online application process in detail so that you can easily take a personal loan through PhonePe by applying online while sitting at home and can also avail its benefits. Friends, if you all liked today’s article then please do share this article.