Hello friends, if you also want to apply for a stand loan on your phone, then the transaction will be done directly from your mobile sitting at home and you must have heard that apart from gas booking, bill payment, mobile recharge, banking, the phone also provides the facility of stand loan on the phone so that you can apply for a stand loan of up to Rs 5 lakh sitting at home.
If you face any kind of problem and you do not have money, then you can apply for a stand personal loan on the phone, which after document verification in 10 minutes you will get the stand loan in your bank.
To apply for a stand loan in PhonePe, what will be the documents, what will be the application process for loan eligibility and I am going to tell you all the things through this article, so you guys must read this article carefully and till the end, you will be told all the information
Phonepe Instant Loan Apply 2024 Details Overview
| Type of loan | Personal Loan |
| Loan Amount | 10000 to 5 Lakh |
| Deadline | 3 months to 5 years |
| interest rate | 11% to 50% |
| Application Process | Online |
| Name of the loan application | PhonePe |
Phonepe Instant Loan Apply 2024 Personal Loan Eligibility
- The age of the applicant should be between 21 years to 58 years
- The applicant must be from any place in India and must be from India only
- The monthly income of the applicant must be more than 15000
- The credit score of the applicant must be more than 700, only then you will get the loan
- The applicant must have KYC documents like an Aadhar card, PAN card, and documents
Phonepe Instant Loan Apply 2024 Important Documents
- ID proof PAN card Voter ID card Aadhar card Passport size photo etc. 2. Voter ID Driving license Aadhar card Electricity and telephone facility Mandatory as address proof
- Income proof Bank statement of last 3 months Salary of last 3 months ITR form of last 1 year
- The current photo Mobile number must be linked to the Aadhar card
Phonepe Instant Loan Apply 2024 How to Apply Online
First of all, before applying online, you will have to download the application on your phone and you will get a loan stand of up to 5 lakhs in which you can apply online from home.
First of all, you will have to install the app on your phone from the Google Play Store, you will have to enter whatever mobile number is linked to your Aadhar card in the application on the phone, you will be logged in, and after that link the bank account through UPI in the app on the phone, after that click on the option of Get Loan on the dashboard in the app on the phone, after that, you will have to fill the information asked for correctly as per the requirement, after that a new page will open, then you will have to fill the information asked for on the phone correctly and click on submit and your option will be enabled, rest of you
If you want a proper video about this, you can see it below, by watching the video you can apply for a personal loan over the phone
Phonepe Instant Loan Apply 2024 Interest Rate
Users get very reasonable interest rates on personal loans in the Phonepe application, which ranges from 11% to 24 percent per annum. Apart from this, the personal loan interest on the phone depends on your civil score.
Phonepe Instant Loan Apply 2024 Is it safe on the phone
The application on the phone is 100% safe because this application is approved by NBFC by the Reserve Bank of India, so you can be 100% dependent on it
Phonepe Instant Loan Apply 2024 The fastest loan
If you need money in an emergency, then you do not need to ask anyone because you can take a stand loan up to Rs 5 lakh on the phone because the application on the phone will get you the loan in a very short time
