Google pay is one of the most famous platforms for Online Payment systems. This platform is one of the most trusted brand names worldwide. Google Pay was released on 11th September 2015 as android pay. Nowadays Google pay is also providing personal loan services. You can get up to 5 lakhs of an instant personal loan using Google Pay. it is very easy to use the application when it comes to normal use and also for taking the loan. You just have to submit your Aadhaar Card or PAN Card as a document.

The further steps are also easy we will discuss all these steps in our blog so that you will get an overview, how to apply for a loan on google pay.

About Google Pay


All people know that Google pay is an App used for UPI payments, paying bills, and recharge but that’s true, but there is something that you are missing in it and never heard of. Google Pay app can do more things, you can get an instant personal loan. This is amazing news or update for the google pay user who wants to take a loan. 

 The apps like google pay are making our life easy. And it’s also easy to apply for a loan on google pay. These types of apps had made online money transfers simple. Google Pay does not provide loans by itself. Google had done partnerships with other loan-providing companies.

1) The amount of loan you can get from Google Pay

The maximum amount of loan you can take from google pay is 5 Lakh rupees, which is a pretty good amount for online personal loans. It became easier when steps are also pretty easy to apply for a loan on google pay.

2) Time given for the repayment of the PhonePe Loan

The time for the repayment of the loan depends on the company you choose for the loan. The time for the repayment of the loan lies between 3 months to 5 years.

So time depends on the user who is taking the loan, he can decide the time and can pay accordingly. So that a great advantage for google pay app users.

3) Rate of interest

The rate of interest on google pay starts from the rate of interest is pretty amazing because you cant get such a good rate of interest even in banks .so the google pay app comes with a good offer for their users.

4) Documents Required

The best thing about the google pay app is that they don’t ask for many documents. Here are the documents that are required to get a loan from google pay

  1. PAN card
  2. Address Proof – Adhaar Card/ PAN card/ Voter Card/ Passport
  3. Bank Statement

Why choose google pay for taking a personal loan

  • It provides instant loans up to 5 Lakhs rupees which is a good amount.
  • You don’t have to go anywhere for the application for a loan. You can just apply for a loan just by sitting at home.
  • The repayment of loans is flexible and convenient.
  • Quick Eligibility & Disbursal
  • Last but not least that google is the most trusted platform worldwide.

Steps for getting the loan from google pay

For getting the loan you have to follow all the steps. No need to worry if don’t use Google Pay or new to Google Pay. I’ll explain everything steps by step.

  • First of all, you have to download the Google Pay app from the Play Store or App Store.
  • Then you have to register in the Google pay app using your mobile number.
  • After that, you have to connect your bank account with Google Pay.
  • Then you have to look for the Business or bills option on the home page. Click on that.
  • Then go to the finance option.
  • Then you will find several loan-providing apps from which you have to choose.
  • After that, you have to register it using your email.
  • Then you have to put your mobile number.
  • Then fill in all the basic information they are asking for.
  • After that, you have to upload the documents.
  • After that, you have to fill up your work information.
  • Then you have to fill up your bank details.
  • Then your application will be reviewed by the company and the company will call you.
  • And after the approval of the loan, the money will be transferred to your bank account.

Taking an online personal Loan with google pay is very convenient. If you are willing to take a personal loan then you can choose a google pay loan as an option. An online personal loan can be very beneficial especially in case of an emergency.

With these easy steps and fast processes, it is very convenient for the google pay app user to apply for an instant personal loan. The offers are also amazing on the google pay app.

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