Google Pay Loan: These days, most of the things in our country are happening digitally, everything from ordering food at home or banking can now be done through your mobile and Internet. In internet banking, companies like Google Pay, Phone Pay, Paytm, and some other Apps, have made it easy for all to make payments to each other with the help of UPI technology.
How can you apply for a Google Pay Loan?
These days, in India, most people use mobile applications like Phone Pay, Google Pay Paytm, etc to make payments to each other through UPI. Google Pay has come up with an offer. Now if you need some money in an emergency you can apply loan from Google Pay, and then this application itself will provide you money.
Recently, Google Pay has initiated the facility of Google Pay Loan in its mobile application to support all small business persons and traders in India, when you do not have money in your Google Pay application, you can get money a on loan from Google Pay Loan. In this article will read complete information about this new Google Pay Loan.
Google India has initiated the Sachet Loan facility for small business owners working in India on the Twitter (X) platform to support them so that small business persons, can also grow their businesses easily. According to Google, with the help of this Google Pay loan facility, Indian businessmen can take a loan of at least Rupees 15,000, for which business owners will have to repay a monthly installment of Rs 111 only.
To provide this sachet loan facility to people, Google has partnered with DMI Finance company. Under this facility, people can take a loan of a small amount and repay all installments of the entire loan amount within a period of 7 days to 1 year.
If you are Indian and a small businessman, and you use the Google Pay Business application, you can use this new feature of loan application on the Google Pay mobile app. Following are the steps to apply for a Google Pay Loan.
- Open the Google Pay Business application.
- Click on the Loans tab, there you will get the option of Offers.
- In the Offers option, click on the amount of loan you want to apply, and then the app will redirect you to the Loan Lending website.
- On the loan landing website, you will have to fill in all your required personal details and how much loan you want properly.
- After filling in all the required details properly, you will need to e-sign and complete your KYC so that your loan application can go for further verification.
- After completing your KYC, the application will proceed for its verification.
- After your documents are verified and the loan approved, the loan amount will be deposited in your bank account through Google Pay.
- Obviously, there will be some terms and conditions for this loan. Do read all terms and conditions properly regarding this loan application, on the Google Pay app before going for this loan.
Hope you like this article and find it useful for you. Thanks for reading.
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