Phonepe Personal Loan Offer Apply Now

PhonePe is one of the digital payments and financial technology. The company is headquartered in Bengaluru, Karnataka, India. PhonePe was founded in December 2015.  The founder of PhonePe is Sameer Nigam, Rahul Chari, and Burzin Engineer.  PhonePay application based on the UPI (United Payments Interface).

PhonePe application is must use in India which is most helpful for becoming Cashless India. You can’t use PhonePe to make international transactions.  Currently, PhonePe service is available to customers with an active Indian mobile number or UPI id.

PhonePe is available in 11 different languages. PhonePe must use to send or received money, Mobile recharge, Light Bills, Data cards, make utility payments, Invest in saving funds, Liquid funds, buy insurance, mutual funds, gold and silver, Movie tickets, Redbus Tickets, Flights, hotels and Pay on the shop which shopkeeper use their UPI id on PhonePe.

Phonepe is accepted as a payment option by over 2.3 Corer (Approx) which also includes online and offline merchants. Currently, PhonPe is used in more than 15,700 villages and towns.  In 2018 the PhonePe served more than 10 crore users and 500 crore transactions by PhonePay. This is most important to become a digital India.

In August 2016, PhonePe partnered with Yes Bank and launch a UPI-based mobile payment application which it’s being a very easy and simple way to send money.  After adding the UPI within 3 months, the app was downloaded by over one crore users.        

Here we will know about the PhonePe instant loan. Read this full article to get the information about the PhonePe loan online process and also the Internet rate. Here we give you information about how to take a loan from phonePay, How to Apply PhonePay Loan Online, Process, Interet Rate, Documents, Loan Amount, Maximum Loan Amount, Customer Care number, and many more.

PhonePe Application Process Online or offline

The Phonepe instant Loan process is totally online. There is do not have an offline branch of PhonePe and another benefit is you don’t create any paperwork but you just have to need to install the PhonePe application and Flipkart. You just need two 2 applications and you need to provide the same mobile number in both applications.

PhonePe Instant Loan

PhonePe is one of the Indian Online money transfer platforms. Now PhonePe revels an Instant loan service and you take a very easily.  To get an instant personal loan first you have to download the PhonePe app.  After that, you have to fulfill some accurate additional information to activate PhonePe on your contact number in your device.

Here we gives you some additional information about PhonePe personal loan.

InformationDetails
Loan Provider NamePhonePe
EligibilityYou have to account in Flipkart
Loan TypeInstant Personal Loan
Interest Rate0%
Maximum Loan Amount60,000

How to get loan from PhonePe

First of all, you should have to create an account on Flipkart. After that, you get an option in Flipkart and you have to select Flipkart Pay latter option. After selecting this option you have to create Flipkart Pay latter account.

Here, if you have a good CIBIL score is good then you will easily get a good Loan. After that you have to come to the PhonePe and then click on My Money Option. After clicking on this option you will show off the whole balance of your accounts and your PhonePe wallet will be displayed in front of you.

You have to have a CIBIL score of more than 700. If your CIBIL score is less than 700 then your loan chances are very less.  You need to bank account and the age limit is a minimum of 18 years. Your phone number must be linked to your Aaadhar card and Pan card.  So your loan process takes minimum time period.

After that, you will also get the loan amount issued by Flipkart. Now you will be able to easily use this amount. Here you are done the general steps of Instant personal loan.

Capability

  • At least 18 years of age
  • You must have PhonePe account
  • Pan Card and Adhar Card are compulsory
  • No precursory loan should be due.

Required Documents

Generally you should have to many documents to take Instant loan from PhonePe. Here we give you a list of Documents.

  • Pan Card
  • AaadharCard

PhonePe Loan Interest

PhonePe gives you a loan in very low interest rates. You can get 45 to 0% to PhonePe. PhonePe instant Loan Interest Rate is – 0%. (May Be)

PhonePe Loan Repayment

After taking a loan, You have to repay the loan on time which time is done by PhonePe managers and FlipKart agents. If you can not pay the Loan amount as their time then you have to pay some late payment penalty as per the PhonePe Loan EMI Calculator.

PhonePe Customer Care Number

If you have any problems and any issues related Loan or Transactions and Instant loans, Then you can visit the Customer Portal which is given on the PhonePe Application.

Where you can use PhonePe Loan

Here you used a PhonePe loan in the PhonePe itself. Like You can Pay credit card bills, Mobile Bills, Recharge, Flipkart Shopping, Electricity Bill Payments, Loan EMI, and much more use which is related to direct PhonePe.

How PhonePe gives Loan

PhonePe gives easily loan after you applied for a personal loan PhonePe informs their parent company Flipkart so hence the reason also needs a Flipkart account.

Is a PhonePe loan easy to get and it doesn’t need income Proof?

This is one of the easiest loan available, Here you doesn’t need any income proof just because this is a small amount of loan.

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