PhonePe Personal Loan Online Apply | How to take a loan from PhonePe

Hello friends, I welcome you all to today’s article. Friends, you will be informed about how to take a personal loan from PhonePe. Friends, as you all must be aware that PhonePe is a mobile application which we use in today’s era for digital transactions. Any person may need money suddenly, in such a situation, if you also want to take an instant loan, then PhonePe is providing the facility of personal loan up to Rs 5 lakh to its customers.

You can avail its benefit by applying for online loan through PhonePe application. If you too suddenly need money, then you do not need to go anywhere because if you also use PhonePe, then you can now get a loan of up to Rs 5 lakh sitting at home with the help of very few documents. In today’s article, we will tell you all about it in detail so that you can easily avail a PhonePe personal loan. But for this, you will have to read this article carefully till the end.

Documents for PhonePe Personal Loan

If you want to apply for a personal loan from PhonePe, then you must have some important documents for this, which are as follows –

1. Aadhar Card
2. Pan Card
3. Email id
4. Mobile Number
5. Bank Account Passbook
6. bank statement
7. salary slip
8. passport size photo

Eligibility for PhonePe Personal Loan

1. The applicant taking a personal loan from PhonePe should be an Indian citizen and the age of the applicant should be at least 21 years or more.
2. You must have all the KYC documents and your Aadhar card must be linked to your mobile number.
3. You must have an active bank account and the PhonePe app must be installed and active on your mobile phone.
4. The monthly income of the applicant taking personal loan from PhonePe should be at least Rs 25 thousand. It is necessary for your CIBIL score to be good.

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 procedures given below step by step, which will be done in this way –

1. To take a personal loan from PhonePe, first of all you will have to download and install the PhonePe application from the Play Store of your mobile phone.
2. After installing the PhonePe application, you will have to register with the same mobile number and after that you will have to link your bank account with the UPI ID.
3. After that you will have to click on the See All option in the Recharge and Bill option on its dashboard.
4. After that, you will see third party companies like Bajaj Finance LTD, Home Credit, Moneyview, Avail Finance, Buddy Loan, Navi etc. You will have to select any one of these companies.
5. After that you will have to download the application of the third party company in your mobile phone.
6. After that you will have to register in this application with your mobile number and after that you will have to fill the personal information.
7. Now you will have to select the loan plan as per your choice and after that you will have to upload the documents by filling the necessary details.
8. Now you have to click on the final submit option and after the loan is approved, the money will be transferred to your bank account immediately.

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 please share this article.