Do you also have this question in your mind How to Get a Loan From Phonepe? If yes, then you can know the process of taking a loan from phone pay by reading this article completely.
Friends, in today's article we will tell you about How to Take Loan From Phonepe and will also tell you how much loan you can take, how to take a loan, how much interest will be charged, for how long the loan will be available, documents required to take loan Who are they to discuss all these things? Let us now tell you how to get a loan from PhonePe.
How to Get a Loan From Phonepe Complete Information
Before taking a loan from Phone Pay, first of all, we should know what phonePe is, after that, we will know the process of taking a loan from it.
What is PhonePe?
Phone Pe is a payment application that allows us to fill in the payment of any bill. With the help of this, we can make payments anywhere like – in Mobile Recharge, filling electricity bills, in Online Transaction, etc.
How to Get a Loan From Phonepe?
Friends, before you say that Phone Pe is an app, how will it give a loan, so friends, I would like to tell you that we will not give loans on phone, it gives us loans with the help of Flipkart.
Friends, if you want to take a loan from Phone Pe, then for this you have to download two apps. First of all download the Phone Pe Application. After that, register by entering your mobile number.
Now you have to install the Flipkart App on your phone. After installing, register with your number. Now you have to activate Flipkart Pay Later by going to your profile. For this, you take a loan by giving your documents.
How much loan will I get from PhonePe?
Friends, now if you are wondering how much loan you can take from PhonePe, then let us tell you that with this you can take a loan of Rs 10,000 to Rs 50,000.
What types of loans are available with PhonePe?
Phone Pe only gives you instant loans. Which you can use as personal and business loans.
For how many days will you get a loan from PhonePe?
Friends, now if you are thinking that for how many days Phone Pe gives us the loan, then we keep on telling you that you get a loan from 2 months to 6 months from PhonePe.
What Is the Interest Rate of Phonepe?
Now you have come to know how much and for how long Phone Pe give us loans. But this question must have come to your mind, how much interest will we get if we take a loan from PhonePe, then let us tell you that this company gives you a loan for 84 days without any interest.
Why take a loan from PhonePe?
Friends, now this question must have come to your mind: why should we take a loan from phone pay, then every company gives the loan, then why should we take a loan from phone pay only. So you get many benefits from PhonePe. like :
• The minimum documents you need to take the loan.
• With Phone Pe, you get a 100% online loan sitting at home.
• With the Phone Pay app, you can take a loan from anywhere in India.
• Instant loan is available here.
• Available for a longer period.
What are the eligibility criteria for a phonepe loan?
To take a loan from PhonePe, you have to fulfill all the eligibility criteria and then only phone pay will give you the loan.
• You must be an Indian citizen.
• Your age should be around 18 to 69 years.
Documents required to take a loan from phonepe (Important Document)
In the same way, we do not need many documents when taking a loan from Phone Pe, but some documents are mandatory which are as follows-
D I’d Proof like Aadhaar Card, PAN Card, Passport, etc.
• Address Proof
Where to use PhonePe Loan?
Often people take a loan but they do not understand where to use it.
• You can use it to pay bills
• To buy any essential item.
• A new bike to buy than a car.
• Can recharge mobile.
• To buy or build a house.
• To buy land.
• To study outside the country.
What are the things to keep in mind while taking a loan from PhonePe?
While taking a loan from Phone Pe, you should take care of some important things like read the necessary documents of the conditions carefully.
Decide the loan tenure very carefully. So that you will not face any problems in the future. Take a loan from a phone pe only when there is a lot of need and take as much loan as you need.
How to Apply for a PhonePe Loan online?
For a loan from Phone Pe, you have to follow the points given below.
• First of all you have to download this app from the Playstore on your phone.
• After this you enter your mobile number and register it.
• After this you have to download the Flipkart app from Google Play Store.
• After downloading, now you have to register on the Flipkart app with your mobile number.
• Now you have to click on Flipkart Later on Flipkart.
• Now you have to submit some documents to it.
• Now you have to open the Phone Pe app again.
• On Phone Pay, you have to click on the My Money option.
• After this you can use this loan.
FAQ - How to Take a Loan From Phonepe?
Q. What will happen if the loan taken from PhonePe is not repaid?
Ans- If you will not be able to repay the loan and EMI till the stipulated date. So phone pe will start deducting money directly from your account. Therefore, make sure to fill the loan taken before the prescribed limit.
Q. How much interest is charged on taking a loan from Phone pe?
Ans- You do not have to pay a single rupee interest on taking a loan from Phone pe. Phone pe gives you a loan at 0% percent interest.
SMALL NOTE -
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