Hello friends, here we are going to know how to apply Google Pay loan and Google Pay Loan Online and will get other complete information about taking loan from Google Pay.
Friends, we all work to run our house, fulfill our dreams and earn money, even if we do not talk about big dreams, then bike, car, house, walking are everyone’s dreams.
But due to less income, we are not able to fulfill them and still try to be happy in what we have by beating our mind or suppressing our desires, but somewhere those dreams always make us realize their lack.
Along with this, when we need money for some emergency or any urgent work, we face the problem of money and it becomes difficult to raise money.
Then we think of taking a loan from someone or take a loan from the bank, no one lends and if we don’t get the loan from the bank, then we get worried what to do now.
If you think about taking a loan from an app online, then there is no fraud, there will be no hidden charges like questions remain in your mind, but if Google has faith in it,
Or if we get a loan from Google, then we can trust blindly because in the world of online or internet, we can trust Google, that’s why today we are going to tell you about taking loan from Google Pay.
Yes, you can take an Instant Personal Loan from Google Pay and fulfill your needs and dreams and repay that loan in easy installments.
So if you want to know how to apply on Google Pay, Google Pay Loan Apply Online, how much loan will be available from google pay, for how long loan from google pay You will get, how much interest will be charged on taking loan from Google Pay.
So read this post till the end and you will get complete information about taking loan from Google Pay.
What is Google Pay?
Google Pay is a mobile wallet app based on UPI to facilitate digital transactions, which was launched by Google Company in India on 18 September 2017 as Tez Payment App and on 28 August 2018 it was renamed as Google Pay. It was rebranded under the name and today it is known as Google Pay.
Google Pay makes our money transaction work very safe and easy, with Google Pay, you can send money from anyone through UPI ID, you can do all the work like bill payment, recharge, etc. Yes and now you can also take loan from Google Pay.
So let us know how we can take loan from google pay or how we can take loan from google pay
How to get loan from google pay?
Before knowing how to take loan from google pay let us tell you that google pay does not give you any loan directly from its side. Now you will say that then how to get the loan.
So the answer is that Google Pay itself does not give loans, rather Google Pay has partnered with many other NBFC (Non Banking Finance Company) companies and you can take loans from those finance companies on Google Pay.
Even though Google Pay is not giving loans on its own, but if Google has partnered with those companies and is providing the facility to take loans from there through its app, then it means that those finance companies are reliable and we are there. You can take loan from.
How to Take Google Pay Loan?
To take a loan from Google Pay, first of all, you should have Google Pay app installed in your mobile which you can install from Google Play Store and if you already use it then it is a very good thing because it enables digital transactions. It is a very reliable app.
After installing the Google Pay app, you have to register with your mobile number in it and link your bank account etc. so that money can come to your bank account or you can pay someone.
After this, on the home page of the Google Pay app, you will find a section of Businesses and Bills, which will have an explore option, click on it.
In the Explore section, you will get many options like Trending, Stores Near You, Food etc. Which you can take advantage of, in that below you will get an option of finance, click on the option of finance.
In the Finance section, you will find links to many finance companies like MoneyTap Credit Line, CASHe, EarlySalary, Money View Loans, Shriram Housing Finance, and many more finance companies.
From where you can apply for a loan and take a loan, we have explained the complete process of taking a loan from Google Pay, step by step in the next post, so read the post completely, but that Before, let us know how much loan will be available from Google Pay,
What documents will be required to take a loan from Google Pay, for how long a loan will be available from Google Pay, how much interest will be charged on taking a loan from Google Pay.
Only after knowing all this, we will be able to apply for loan from Google Pay, so let us also know this.
How much loan can I get from google pay?
By visiting the Google Pay app, you can take a loan from any of its partner finance companies, whose loan limit may vary, but on an average, you can take a loan of up to 5 lakhs on the Google App.
What is the interest rate of google pay loan?
By taking a loan on Google Pay app, you can get loan at 0% to 30% annual interest rate. Keep in mind that the interest rate depends on your salary, credit score, credit history etc.
Along with this, there are many partner finance companies of Google Pay, whose interest rate can be different.
For how long can one get a loan on Google Pay?
On Google Pay, you can take a loan from its partner finance companies for 3 months to 5 years. That is, according to the amount of loan you take, you can make monthly installments ranging from 3 months to 5 years for its repayment.
Documents required to take loan from Google Pay
Google Pay provides you loan in minimum documents, you only need the below mentioned documents to take loan from Google Pay =>
- Aadhar Card
- Pan Card
- Bank statement or salary slip
- Features of Google Pay Loan
- You can get instant loan up to 5 lakhs.
- This is completely online application, you do not have to go anywhere.
- Loan eligibility checks and loan disbursement is done very quickly.
- Easy options are available for loan repayment.
- Google Pay is the trusted app of more than 100 million Indians.
Google Pay Loan Apply Online Process
The process of applying online for loan on Google Pay is completed in four steps =>
- Eligibility Check – First of all, based on the information given by you, it is checked whether you are eligible to take a loan or not or how much loan you can get.
- Loan Plan – Now you have to select the plan of your loan, how much and for how long you want to take the loan.
- Documents – Now you have to upload all your documents.
- Loan Transfer – After verification of documents, the loan is approved and the money is transferred to your account.
How to Apply for Google Pay Loan?
Now we have known all about Google Pay Loan and now we can apply for Google Pay Loan so let us know how to apply for Google Pay Loan =>
- Install Google Pay app from Google Play Store.
- Now register by entering your mobile number in it.
- Now you have to link your account number with Google Pay.
- Now you will get Businesses & Bills section on Google Pay home page.
- Click on the explore link given on its side
- Now scroll down on the explore page, you will find the option of finance, click on it.
- Here you will find many finance companies, select any one.
- Now register with that company by email or mobile number.
- Now enter your personal information.
- Now upload your documents.
- Verify by entering your bank account details.
- Your loan will be approved after your application is reviewed.
- Your loan amount will be transferred to your account.
Note – There are many finance companies on Google Pay, so there may be a slight difference in their loan process, but this is the process in most of them.
Here we have tried to tell everything about Google Pay loan, like What is Google Pay, How to take Google Pay Loan, how much loan Google Pay gives, what is the interest rate of Google Pay,
For how many days Google Pay gives loan, who can take loan from Google Pay, what is the eligibility to take loan from Google Pay, if you have any other question related to taking loan from Google Pay Loan Bank. You must tell us in the comment section, we will be very happy to answer your questions.
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