Yes, friends! Everyone is troubled by stress and problems, and sometimes a person falls into a financial crisis. A lack of money can become the source of disputes and fights. If you do not have money, you have to face a lot of trouble. It is a fact of life that relationships can change, and disagreements within the family can increase over money.
If you have taken a loan from someone and are not able to repay it on time, people may try to take advantage of your situation. That is why today, in this article, we are going to tell you how to get a loan from PhonePe. For this, there is no necessity to go to a bank.
If you want to get a loan from ₹25,000 to ₹50,000, then today we are going to tell you the complete process through this article, PhonePe Personal Loan Apply 2025. We will tell you how to apply for a loan through PhonePe.
Personal Loan through PhonePe
Yes, friends, PhonePe is a mobile application that is widely used for online money transactions in India. Crores of people use it every day to transfer money. Recently, PhonePe has made the facility of availing a personal loan available to its customers right from their homes. Through the PhonePe app, every user can now easily get a loan on their phone.
Document Requirement
Whether the loan process is online or offline, documents are always required. To take a personal loan from PhonePe, you will need the following documents. If you are a government employee, an employee ID photo might also be asked for, otherwise, your loan will be processed with just these documents.
- AADHAAR CARD
- PAN CARD
- MOBILE NUMBER
- BANK STATEMENT
- SALARY SLIP
- VIDEO KYC
- AADHAAR CARD LINKED WITH MOBILE NUMBER
- ONE SELFIE (for Video KYC)
Minimum Age: 19 to 50 Years
How to Get a Loan From PhonePe (Step-by-Step)
To download this application on your Android or iPhone and apply for a loan, follow the step-by-step process given below.
- First, download the PhonePe app to your mobile.
2. After opening the application, enter the mobile number that is linked to your bank account.
3. Enter the OTP you receive to verify. Your PhonePe account is now created.
4.Go to the home page of the app.
5. Look for the Loan or Financial Services section on the home page. You may see options from lending partners.
6. A new screen will open where your CIBIL score will be checked.
7. Click on “Check Credit Score
8. Click on the “Allow” option to give permissions.
9. A new interface will open. Fill in your PAN card number, full name, and date of birth.
10. Now, click on “Get My Credit Score”. Your credit score will be displayed on the screen.
11. After checking your score, go back and find the loan section again. Click on an option like “Get Money Instantly”.
12. new screen will open that will show you how much loan amount you are eligible for.
13. Your EMI plan options will be shown below the loan amount. Select the one that suits you.
14. Next, a new interface will open. Fill in your professional details (like your job and income).
15. Now, you will have to complete the online KYC verification.
16. After KYC, you will have to complete the Auto Pay setup for automatic EMI payments.
17. Once all details are filled, click on the final Loan Agreement option and sign it digitally.
18. After the loan is approved, you will receive an email with the loan agreement PDF.
PhonePe Personal Loan Kaise Le? ( Best Loan App 2025 !
