You can borrow through Google Pay. If you are using Google Pay Upi or QR Code to transfer money or do business, you will get a G-Pay loan offer from the company as per your eligibility.
Quick loan up to Rs 1 lakh – Google Pay Personal Loan
The company automatically offers you a personal loan plan based on your eligibility. So if you accept the loan amount offered you can apply immediately without submitting any physical documents. This increases the dependence of small business owners on banks to ask for personal loans from time to time.
What you need to note is that Google Pay itself does not provide any loan amount but it arranges other lenders including Axis Bank, IDFC Bank, Federal Bank or any other bank to provide an amount to the customers of Google Pay and you have to pay the EMI to these banks through the Google Pay app. You don’t need to worry about these banks because you don’t need to open any bank account with these banks to apply Google Pay personal loan.
Google Pay Loan Eligibility
Applicants must be users of Google Pay mobile app and use Google Pay app for daily transactions. You must have good credit score to apply for Google Pay personal loan. Applicants should not be involved in any other loan scheme with any company or bank at the time of applying for Google Pay Personal Loan. You must have a valid source of income to avail the Google Pay loan offer
Documents to apply – Google Pay Loan Documents
You have to submit your Aadhaar card information including your Aadhaar card number, PAN card number details, bank account number and IFSC code and registered mobile number. No other document is asked by the bank or Google Pay to provide a personal loan.
How to Apply
Maximum Rs 1 lakh, you will only get loan amount offered by Google Pay as per your eligibility, which ranges from Rs 15000 to Rs 1 lakh.
First open the Google Pay app on your mobile app. Click on loan section.
After this, if you are fulfilling the eligibility criteria, you can see the loan offer in this section.
If you agree to the loan offer, you have to click on the link to apply for the personal loan.
After that, you have to enter your personal details including name, Aadhaar and PAN card details, bank and IFSC number,
Now select the EMI option to repay the loan amount and you have to read all the terms and conditions.
After that, you will receive an OTP message to your registered mobile number which should be filled in the application
Once you submit the OTP the payment will be transferred to your bank account after deducting all charges including GST, processing charges, etc.
In this way you can very easily get a higher amount of loan as per your eligibility. Share this information to all your friends and friends in your WhatsApp groups now and it will benefit many people.
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