Google Pay Loan 2023: Google Pay is a very famous transaction mobile application in India that has been designed for customers as well as businessmen according to their needs. The companies provide instant personal loan facilities on the Google Pay mobile application to all business holders who are using the Google Pay business mobile application. This Google Pay Loan 2023 is very helpful for those who want to get a personal loan instantly through online mode without visiting any bank. You can apply for a maximum of 15000 to 100000 rupees Gpay personal loan in the Google Pay mobile application within a few minutes. Check the Google Pay Loan eligibility criteria and application procedure for the Google Pay personal loan scheme.
The Google company has recently updated a new feature for Google Play users of Google Pay Sachet loan. Sachet Loan is a new feature that is used by new financial companies and Google Pay is also using this Google Pay Sachet loan scheme to provide instant loans to customers. G Pay will offer their customers pre-approved loan proposals according to their transaction activities. Since this proposal will automatically generated by G Pay, so will get an Instant loan from Google Pay in your bank account from this loan offer. You can get a maximum Rs 1 lakh loan offer according to your eligibility.
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Google Pay will work as a mediator between a Lander and Google page users where HDFC Bank, Kotak Mahindra Bank, Federal Bank, and ICICI Bank will provide the loan amount to the customers of Google Pay and, you have to repay the loan amount to these companies by using Google Pay Loan application. Companies will provide a 7-day to 12-month tenure of represent of the loan amount. You will be charged Google Pay Loan interest rates 2023 according to the category and eligibility.
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Google Pay Loan eligibility
- Only users who are using the Google Pay business application can apply for this Google Pay personal loan feature.
- Individuals can apply for loans for investing in the business or any other expenses related to the business.
- The minimum age of the applicant should be more than 21 years
- Applicant should have a good CIBIL score of more than 750 to get an instant approval
It is also important for applicants before applying to use the Google Pay mobile application to receive the online payment amount or they can use a Google Pay code to receive the payment, so the company will offer them a good loan amount due to promoting Google Pay QR codes.
Documents for Google Pay Personal Loan Apply 2023
You have to provide the information of the documents for KYC purposes and the time of applying online:
- Carry the Aadhar card of the applicant
- PAN Card details
- Bank account details
- Registered mobile number with Aadhar card PAN card and Google Pay mobile application.
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Apply online for Google Pay Loan 2023
If you are interested and complete all the Google Pay Personal Loan eligibility criteria then you can apply for a Google Pay loan through online mode by using your mobile phone. Follow this procedure to apply online:
- First of all, install the Google Pay business application on your smartphone and log in buy entering your mobile number
- After that, once you open your Google Pay business application, you can see the dashboard on your screen where you have to click on the link of loans.
- Now you will see loan offers from the companies and banks according to your banking activities and eligibility criteria.
- If you are interested in the Gpay loan offer then you can click on the Apply link
- Now you have to complete your KYC by providing your Aadhar card, PAN card and banking information
- Now you can read all the terms and conditions before submitting the online Google Pay Loan application form and select the EMI duration for repayment of the loan amount.
Once you have submitted all the details you will receive an OTP from the company which should be entered into the Google Pay application and after that, your Google Pay Loan application be successfully submitted. The company will provide the loan amount into the bank account of the customer within a few minutes after reductions of all the charges including processing fees, Documentation charges, etc.