Google Pay Loan of ₹15000: If you are looking for a loan, but don’t like the long process of the banks and NBFCs, then this time Google Pay has come with good news for you. Now you can get an easy Google Pay Loan of ₹15000 by just sitting at your home. Now Google Pay is providing loans digitally, if you are looking for a loan then you can apply for the Google Pay loan service. For more details about the Google Pay loan you can read our complete article, in today’s article we will give you all the necessary information about the Google Pay Loan of ₹15000.
Google Pay Loan of ₹15000 Overview
|Benefits of the loan
|Loan amount of rupees 5 thousand to 15 thousand
|Mode of application
|Only the citizens of India can get the benefits of this loan Your age should be more than 18 years to avail of the benefits of the loan
Google Pay Sachet Loans
Google has made an important announcement for India in its 9th edition, in which the company has made a big announcement for small traders. From now on, small merchants can easily avail of loans up to Rs 15,000 using the Google Pay app. For this the company has partnered with DMI Finance.“Our experience has helped us learn that small merchants often need smaller loans and flexible repayment options,” the company wrote in an export. To meet this need, the company has launched a sachet loan in collaboration with DMI Finance.
Sachet loan from Google Pay
It may be possible that you have earlier heard about cash loans, but for those who don’t know anything about cashe loans, let us explain what is cashe loans. Cashe are small loans that are provided to you for short periods. Generally, these loans are pre-approved and can be easily obtained. These loans range from Rs 10,000 to Rs 1 lakh. The tenure of this loan can range from 7 days to 12 months. To get this type of loan, you may have to download an application or you can also fill it online. It does not require much process like other loans.
How much loan amount you can take?
As per the official information of the google pay. Any citizen of India having a certain eligibility can avail a loan of rupees 5 thousand to 15 thousand. You can use this amount for any purpose such as business, home, marriage, medical fees, and many more. Google Pay provides you with a loan in a very short period without any long paperwork and verification process, which is why you can take a loan from Google Pay for any medical/financial/family problem.
Repayment of the loan will start from 111 rupees only!
Yes, don’t be surprised the repayment of the Google Pay sachet loan will start from 111 rupees. It means you just have to pay an amount of 111 rupees per month as the installment of the loan.
Who will get these loan benefits?
As per the official information time, google Pay is providing this loan to tier 2 cities. All the citizens of the tier 2 cities having a salary of more than 15 thousand can apply for this loan
Google Pay Worth in India
Because UPI payments are one of the most preferred forms of online payments. Google launched G-Pay in 2013 and it now has 67 million Indian users. Google Pay has a 36.10% mobile application market share in India, and 26% of UPI payments are through Google Pay. The usage of Google Pay for in-store payments across various stores in India was higher than ever in 2023, indicating growing usage among consumers. The figures shown here represent the share of shoppers who have used it in stores and restaurants with a mobile device for POS transactions or for online shopping in the last 12 months.
Facts about top UPI apps in India?
- Nearly 96% of UPI transactions by value in March came from PhonePe, Google Pay and Paytm.
- As per the information till the time the phonepe is the number 1 UPI payment application in India. Only the phonepe app processes the 407.63 transactions worth rupees 7.07 lakh crore rupees in India
- Despite Phonepe, google pay and Paytm hold the second and third positions in India
- Based on the transaction numbers the amazon creed holds the third position in India
- Walmart-owned PhonePe, Google Pay and Paytm continued their dominance in India’s UPI payments sector, together processing 94% of payments in March 2023.
- According to National Payments Corporation of India (NPCI) data, the top three applications used for the 96% UPI transaction in the India, it means that Rs 13.44 lakh crore was transferred by using this three applications for a value of approximately 841.91 crore transactions.