PhonePe Personal Loan Apply 2024: Get personal loan up to 50000 in 5 minutes on PhonePe, apply online like this
PhonePe Personal Loan Apply 2024 : PhonePe Personal Loan Apply Online 2024 PhonePe is a mobile application, which is used by everyone today for digital transactions. You must also be using it, but do you know that PhonePe also gives loans in collaboration with third parties. If you need a personal loan, then you can fulfill your need by taking a personal loan from Phone Pe, because it is very easy to take a personal loan from Phone e Pe. You can get a loan of up to Rs 5 lakh approved within 10 minutes sitting at home.
How to take a personal loan on PhonePe?
PhonePe Personal Loan Apply 2024 If you want to take a loan from PhonePe, then first of all let us tell you that you cannot take a loan directly from PhonePe. PhonePe approves loans with the help of third party applications. PhonePe gives loans through some partnership companies, so for PhonePe personal loan, you have to download the app of the partnership companies and apply for the loan. Through these apps, you can apply for a loan with Aadhar card.
Flipkart, Kredit Bee, MoneyView, Bajaj finserv, Navi, Payme India are some such applications that give PhonePe personal loan. To take a loan from PhonePe, you first have to register in PhonePe Business Application and then download the app of any partner company from Google Play Store and apply for a loan. Then you will easily get a loan of up to Rs 5 lakh from this platform. CIBIL score contains a lot of information, which everyone should know about
PhonePe Personal Loan Overview 2024
| Article name | PhonePe Personal Loan |
| Loan Type | Personal Loan |
| Loan Amount | 10 thousand to 5 lakh rupees |
| Processing Fees | Can range from 2% to 8% |
| partnership | Flipkart, Bajaj Finserv, Kredit Bee, MoneyView, Payme Indianavi, Navi App etc. |
| Loan Approval Process | Online |
| official website | https://www.phonepe.com/ |
PhonePe Personal Loan Interest Rate | Interest Rate
PhonePe Personal Loan Apply 2024 The interest rate of PhonePe Personal Loan also depends on the terms and conditions of the third party application. You will have to pay the interest rate according to the terms and conditions of the application through which you will 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 also have to pay processing fees which can range from 2% to 8%. On Money View, you can take a loan for a period of 3 months to a maximum of 5 years and similarly the terms and conditions of other applications can be different. After taking a loan from here, you can do any business at home.
Eligibility to take PhonePe Personal Loan
- To take a loan from PhonePe, you have to agree to some terms and conditions which are as follows –
- Only Indian citizens can apply for PhonePe Personal Loan.
- You must be at least 21 years of age or above to take a personal loan from PhonePe.
- You must have all the KYC documents.
- You must have eKYC i.e. your Aadhaar number should be linked to the mobile number.
- You must have an active bank account and 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 persons and self-employed persons can apply for PhonePe loan.
- Your monthly income should be at least Rs 25 thousand and you must have an income certificate.
- Good CIBIL score is necessary for personal loan.
- You must have a good record of your financial transactions and you should not be a defaulter.
- There are some organizations that give loans even without CIBIL score
Required Documents for PhonePe Personal Loan
To avail a personal loan from PhonePe, you must have the required documents, such as –
- Aadhar card
- PAN card
- Bank Account
- Bank statement
- salary slip
- aadhar link mobile number
- A selfie, etc.
How to apply for PhonePe Personal Loan online?
PhonePe Personal Loan Apply 2024 If you don’t know how to get a personal loan from PhonePe and want to apply for PhonePe personal loan online then you can get the loan in just a few minutes by following the below procedure –
- First of all you have to download PhonePe App from Google Play Store.
- After this you have to register in the app with your mobile number.
- After this you have to link your bank account with UPI ID.
- In your dashboard, there will be an option of “See All” near the option of Recharge & Bills, you have to click on this option.
- After this, under “Recharge & Pay Bills” you will see the names of some Third Party Companies, such as – Bajaj Finance LTD, Buddy Loan, Home Credit, kreditbee, Moneyview, Avail Finance, Navi etc. You have to choose the company from which you want to take a loan.
- Suppose you want a loan from Moneyview, then download this app from Google Play Store.
- After this, you have to open it and register with the same number with which you registered on PhonePe.
- Now a new page will open in front of you where you have to give some personal information.
- All personal loan offers will be visible to you, you can choose any plan as per your choice 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.