Google Pay Loan: A Simple Way to Get a Loan on Google Pay! Borrow Up to 8 Lakhs in Just 10 Minutes – Free Job Alert
Google Pay Loan: A Simple Way to Get a Loan on Google Pay! Borrow Up to 8 Lakhs in Just 10 Minutes – Free Job Alert
In our daily lives, there often arises the need to fulfill essential requirements, and we find ourselves in need of extra funds. During such times, when we require additional financial assistance and our friends or family may not be readily available to help, we tend to become more concerned. If you happen to face such situations and find your work affected due to financial constraints, the latest news is here to provide you with the best solution.
Let’s share the exciting news that Google Pay is now offering loans ranging from ₹10,000 to ₹8,00,000 to all its users. If you are considering taking a loan through the Google Pay application, you’ve come to the right place. In today’s post, we’ll provide you with all the information you need to know about obtaining a loan on Google Pay.
Google Pay offers loans from ₹10,000 to ₹8,00,000
Google Pay has introduced a fantastic feature to provide financial assistance to its users. It offers a seamless process for users to obtain loans ranging from ₹10,000 to ₹8,00,000. Currently, Google Pay has partnered with DMI Finance Limited to facilitate these loans.
To apply for a loan on Google Pay, users need to have a good credit score. Once the application is submitted, and if all the necessary criteria are met, the loan amount can be credited to the user’s account within 5 minutes, making it a quick and hassle-free process.
Loan details on Google Pay
While applying for a loan on Google Pay, it’s essential to note that the interest rate starts at 13.99%. The repayment tenure for the loan ranges from 6 months to 4 years. Users are required to make monthly payments, with the minimum installment being as low as ₹480.
Who is eligible for a loan on Google Pay?
To be eligible for a loan on Google Pay, users need to maintain a good credit score. The applicant must be at least 21 years old to apply. Additionally, having a bank account that reflects regular financial transactions is crucial. For new users, it is advisable to update the Google Pay application on the Play Store before applying for a loan.
Documents required for Google Pay Loan
To complete the loan application process on Google Pay, users need to provide the following documents:
- Aadhar card
- PAN card
- Bank account details
- Mobile number
- Last three months’ bank statements
- Email ID
- Passport-sized photo
How to apply for a Google Pay Loan If you are interested in applying for a loan on Google Pay, follow these steps:
- Download the Google Pay application from the Play Store.
- Log in to the application using your mobile number.
- Link your bank account to Google Pay.
- Navigate to the “Loan” section on the home page.
- Click on the loan amount, interest rate, and repayment details.
- Click on the “Apply Now” button.
- Provide your email ID and Google Pay number.
- Fill in your PIN code, and PAN card details, and click “Next.”
- Enter your monthly income details.
- Complete your date of birth and address details.
- Click on “Next” and review the information.
- Click on the final “Submit” option.
By following these steps, you can easily apply for a loan on Google Pay and, once approved, expect the loan amount to be credited to your bank account in a short period.
Google Pay’s initiative to offer loans provides users with a convenient and quick financial solution. Whether you need funds for personal reasons or to address unforeseen expenses, Google Pay’s loan feature is designed to make the borrowing process straightforward. Consider exploring this option on Google Pay for a seamless borrowing experience.
