New Delhi:- In today's digital age, many services are available to us through mobile phones while sitting at home. In such a situation, if we talk about banking services, now banking facility can also be used through our mobile phones. Be it money exchange or any kind of financial payment, we can do it using our mobile phones. Financial facilities and banking services can be availed through a variety of mobile applications. In such a situation, if we talk about instant personal loan, now you can get the loan sitting at home through the Phone Pay application used in your mobile phone.
In this article, we are going to give you information about the facility of giving loan up to ₹ 500000 at 0% interest through Phone Pay. If you also need an instant personal loan, you can easily apply for the loan through your Phone Pay mobile application. It is very easy to take loan from Phone Pay.
We use Phone Pay to exchange money, mobile recharge, and avail other banking services through UPI. Phone Pay provides various types of banking facilities, insurance facilities, besides services like mobile recharge and money transfer to its customers. Now if you use Phone Pay, you can easily apply for a loan from home through it, because Phone Pay has also started the facility of giving instant personal loans to its customers.
Phone Pay mobile application facilitates its customers to apply for loans through third party instant personal loan banks using its platform, so that customers can easily get instant personal loan without any hassle. Phone Pay has included the easiest and 0% interest lending banking facilities on its platform.
Required eligibility to take loan from Phone Pay
If you want to avail instant personal loan through Phone Pay mobile application, then you have to follow the following eligibility criteria.
- The citizen availing instant personal loan from Phone Pay must be a native of India.
- The age of the person applying should be above 18 years.
- The CIBIL score of the person availing the loan should be more than 700.
- The person applying should not have previously availed a loan.
- The person applying should not be declared a defaulter by any other bank branch or financial institution.
- The documents required for loan should be available with the person applying.
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