You can take a personal loan of ₹ 10,000 to ₹ 5 lakh through PHONEPE . The interest rate charged on the loan depends on which app you are applying for the loan from . Your terms and conditions are different . For PHONEPE personal loan , you can use any app with which PHONEPE offers personal loan . How to take phonepe personal loan
Such as Money View , Bajaj Finserv , Paym India , Navi etc. As you know , PHONEPE provides the facility of digital transactions . You can also get a loan in collaboration with a partner or third party app . Direct loan cannot be taken from PHONEPE . But PHONEPE provides loans through G – ups . PHONEPE personal loan can be applied through those apps .
How does PHONEPE provide Personal Loan ?
You cannot apply for PHONEPE Personal Loan directly . PHONEPE provides loans through other applications . Therefore, if you want to take PHONEPE Personal Loan , then for this you will have to download the apps of their partnership companies with which PHONEPE provides loans to users . Such as NAVI, PAYMENT INDIA, BAJAJ FINSERV, MONEY VIEW, FLIPKART, CREDIT , BEE are such applications . Through which you can get PHONEPE Personal Loan .
PHONEPE PERSONAL LOAN INTEREST RATE PHONEPE PERSONAL LOAN KISE LEE
The interest rate of PHONEPE personal loan is not fixed as PHONEPE does not offer personal loan itself . Rather , the loan is provided on the basis of the application .
The interest rate of PHONEPE personal loan depends on the application through which you have applied for PHONEPE loan .
If you are applying for PHONEPE Personal Loan from Money View App , then depending on the terms and conditions , you may have to pay interest rate ranging from 16 % to 39 % and there may also be charges for different application processing fees .
If you talk about the payment period , generally the payment period on all the applications ranges from 3 months to a maximum of 5 years .
Eligibility for PHONEPE Personal Loan
To avail PHONEPE Personal Loan , you must be an Indian citizen .
The age limit to avail PHONEPE Personal Loan should be above 21 years .
To avail PHONEPE personal loan , your monthly income must be more than ₹ 25,000 .
To avail PHONEPE Personal Loan , your CIBIL score must be above 650 .
To avail PHONEPE Personal Loan , it is mandatory to have KYC in your documents .
Documents required for PHONEPE Personal Loan
- Aadhar card
- PAN card
- Ration Card
- email id
- income certificate
- caste certificate
- Age Certificate
- Address proof
- salary slip
- Mobile Number
- passport size photo
- Bank passbook of 6 months
Apply for PHONEPE Personal Loan Online
- First of all you have to download PHONEPE Business app from Google Play Store.
- After downloading the PHONEPE Business App , the home page will open in front of you.
- In this home page , you will have to register with your mobile number.
- After registration , now the bank account has to be linked to the UPI ID.
- By clicking on the button option , a new home page will open in front of you.
- Your account has been linked , just type the ‘ Sell Now ‘ option in the Registration Bill option given in your account.
- After clicking , select the option of Financial Services Taxes.
- Click on the option button , now a new home page of gold will open.
- He has to click on the loan repayment option in the home page.
- Now a new page will open in front of you.
- In that, you will be asked about some information , you will have to read it and enter it like this .
- By clicking on the button option , a new home page will open for you.
Banking details will have to be entered and some important documents will also have to be uploaded. - Upload all the forms along with the attached documents.
- Now your application form will be verified.
- If everything is found correct in the verification then the loan amount will be transferred to your bank account.