Phone Pe Personal Loan 2024 Personal loan up to Rs 50000 is Available on Phone Pe in 5 Minutes, Apply Now

Phone Pe Personal Loan 2024
Phone Pe Personal Loan 2024

Phone Pe Personal Loan 2024

Phone Pe is a mobile application, which is used by everyone today for digital transactions. You may also be using it, but do you know that Phone Pe also gives loans in collaboration with third parties. If you need a personal loan, then you can fulfil your need by taking a personal loan from Phone Pe, because it is very easy to take a personal loan from Phone Pe. You can get a loan approved up to Rs 5 lakh within 10 minutes sitting at home. But to apply for phone pe personal loan, you must have knowledge related to the loan.

If you do not know about it, then no problem, further we will tell you how to apply for Phone Pe personal loan online and how will you get a personal loan from Phone Pe? Will give complete information about this. We will also tell you about Phonepe Personal Loan Eligibility, Interest Rate and Documents etc. For more information you remained in this article till the end.

Overview

Name of the scheme

Phone Pe Personal Loan 2024

Who started it

Phone pe

beneficiary

All Phonepe users

Objective

To provide easy Loan

Year

2024

Eligibility Criteria


  • only Indian citizens can apply for PhonePe Personal Loan.

  • To avail a personal loan from PhonePe, you must be at least 21 years of age or older.

  • You must have all the KYC documents.

  • It is necessary for you to have EKYC i.e. your Aadhaar number should be linked to the mobile number.

  • You must have an active bank account and the Aadhaar number should be linked to the bank account.

  • PhonePe should be active in your mobile and your bank account should be linked to PhonePe.

  • Salaried individuals and self-employed people can apply for Phone Pe loan.

  • Your monthly income should be at least Rs 25 thousand and you should have income certificate.

  • It is necessary to have a good CIBIL score for a personal loan.

  • You should have a good record of financial transactions and you should not be a defaulter.

About Yojana

If you want to take a loan from PhonePe, then first let us tell you that you cannot take a loan directly from PhonePe. PhonePe approves the loan with the help of third-party application. PhonePe gives loans through some partnership companies, so for PhonePe Personal Loan, you will have to download the app of the partnership companies and apply for the loan. Through these apps you can apply for loan through Aadhar card.

Flipkart, Kredit Bee, MoneyView, Bajaj finserv, Navi, Payme India are some of the applications that provide PhonePe Personal Loan. To take a loan from PhonePe, you will first have to register in the PhonePe Business App and then download the app of a partnership company from Google Play Store and apply for the loan. Then you will get a maximum loan of up to Rs 5 lakh from this platform.

Interest rate

the interest rate on phone pe personal loan depends on the terms and conditions of the third-party application. You will have to pay the interest rate as per the terms and conditions of the application through which you apply for PhonePe Personal Loan. Suppose you apply for a loan from Money View, then you may have to pay interest up to 15.96%. Apart from this, you will have to pay processing fee which can range from 2% to 8%. On Money View, you can take a loan for a period ranging from 3 months to a maximum of 5 years and the terms and conditions of other applications may be different.

Required Documents


  • Aadhar card

  • PAN card

  • bank account

  • Bank statement

  • salary slips

  • Aadhaar link mobile number

  • A selfie etc.

How to Apply


  • first of all you have to download PhonePe App from Google Play Store.

  • After this you will have to register in the app with your mobile number.

  • After this you will have to link your bank account with UPI ID.

  • Recharge in your dashboard

  • Below this, the names of some third-party companies will appear, such as Bajaj Finance LTD, Buddy Loan, Home Credit, kreditbee, Money view, Avail Finance, Navi etc., you have to select the company from which you want to take loan.

  • suppose you want a loan from Money view, then download this app from Google Play Store.

  • after this, you will have to open it and register with the same number with which you had registered on PhonePe.

  • now a new page will open in front of you where you will have to give some personal information.

  • All the offers of personal loan will be available in front of you, you can choose any plan as per your wish under Select Your Loan Plan.

  • after this, you will have to enter the details of banking etc. and upload the necessary documents.

  • After doing this, as soon as the loan is approved, your loan amount will be transferred to your bank account within a few minutes.

FAQ

  • How much Loan Amount Phonepe will give under Phone Pe Personal Loan 2024?

Under this scheme SBI will give an amount of upto Rs5 Lakh.

  • What is the mode of Applying in Phone Pe Personal Loan 2024?

Candidate can Apply Online through Phonepe App.

  • What is the Phone Pe Personal Loan 2024?

If you need a personal loan, then you can fulfil your need by taking a personal loan from Phone Pe, because it is very easy to take a personal loan from Phone Pe. You can get a loan approved up to Rs 5 lakh within 10 minutes sitting at home.

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