Steps Getting Quick Loan Google Pay
Step 1: Check your eligibility
Before you apply for a loan, you need to make sure that you are eligible.
To do this, you can check your eligibility on the Google Pay app.
Open the app and go to the “Loans” section.
You will see a list of pre-approved loans that you are eligible for.
Step 2: Select a loan offer
Once you have checked your eligibility, you can select a loan offer.
There are a variety of loan offers available, so you can choose one that meets your needs.
To select a loan offer, simply tap on the offer that you are interested in and confirm your PAN & Contact Details.
Step 3: Review the loan details
Once you have selected a loan offer, you will need to review the loan details.
This includes the “loan amount”, “the interest rate”, “the repayment term”, and “the processing fees”.
Make sure that you understand all of the details before proceeding.
Step 4: Submit your application
To submit your application, you will need to provide some personal information, such as your name, address, and date of birth. (KYC Details)
You will also need to provide your bank account information so that the lender can deposit the loan funds into your account.
Step 5: Review and accept the terms and conditions
Before you submit your application, you will need to review and accept the terms and conditions of the loan.
This includes the interest rate, the repayment term, and the fees.
Make sure that you understand all of the terms and conditions before accepting them.
Step 6: Wait for approval
Once you have submitted your application, you will need to wait for approval.
The lender will review your application and make a decision within 24 hours.
If your application is approved, the funds will be deposited into your Google Pay account within 24 hours.
Step 7: Repayment your loan
Once you have received your loan funds, you will need to repay the loan according to the terms of the agreement.
You can repay your loan through the Google Pay app or by setting up automatic payments through your bank.
Additional things to keep in mind:
- You must be a resident of India to be eligible for a loan.
- You must have a valid Google account and a linked bank account.
- You must be at least 21 years old and have a minimum income of INR 13,500/-
- You must have a credit score of at least 600 on CIBIL or 650 on Experian.
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