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

PhonePe Personal Loan Apply Online |

Hello friends, I welcome you all to today’s article. Friends, we will inform you all about how to take a personal loan from PhonePe. Friends, as you all know that PhonePe is a mobile application which we use for digital transactions in today’s era. Any person may suddenly need money. 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 the loan online through the PhonePe application. Loan approval of up to Rs. 5 lakhs is now available from the comfort of your home. If you suddenly need money, you don’t need to go anywhere because today’s article will explain it in detail. 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 essential documents for this, which are as follows –

1. Aadhar card
2. PAN CARD
3. Email id
4. Mobile number
5. Bank account passbook
6. salary slip
7. Bank statement

Eligibility for PhonePe Loan

1. The applicant taking a personal loan from PhonePe must be a native resident of India.
2. The age of the applicant taking the loan should be more than 18 years.
3. The applicant should be in some kind of government job or should be self-employed.
4. If your CIBIL score is 750 or higher, you will receive the loan immediately. You will need to make the loan payment online.

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 of this format –

1. To take a personal loan from PhonePe, first of all you will have to install the PhonePe application from the Play Store of your mobile phone.
2. After installation, you will have to register with the same mobile number and after that you will have to link your bank account with 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. Now you will see names of third party companies like Bajaj Finance LTD, Navi, Moneyview, Avail Finance, Home Credit, Buddy Loan etc. from which you will have to select one.
5. After that you will have to download the application of the third party company in your mobile phone and after that you will have to register in this application with your mobile number.
6. After registration, you will have to fill in the personal details and select the loan plan as per your requirement.
7. After that you will have to upload the documents by filling your necessary details and after that you will have to click on the submit option.
8. After loan approval, the money will be credited to your account immediately.

In this way, by following all the steps mentioned above, you can easily apply online for taking a personal loan from PhonePe.

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 sitting at your home and can also get its benefits. Friends, if you all liked today’s article, then please share it.