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Bharatpe Loan Apply- 7 Lakh Personal Loan 2023 

BharatPe loan details, BharatPe loan interest rate, BharatPe loan application status, BharatPe loan Terms and conditions, Bharatpe Loan Calculator, BharatPe loan disbursement time, Bharat pay Personal Loan interest rate, BharatPe loan review

What is BharatPe (BharatPe In Hindi)

BharatPe Is A Leading Fintech Company (Finance Company) Of India That Allows Merchants To Accept Payments From Any UPI Through A Single BharatPe QR Code. Its Special Thing Is That BharatPe Provides Business Loans Up To 7 Lakh Rupees To The Traders. If Seen, It Is A Complete Business Solution Which Is Providing The Best Facilities To Grow The Business.

Interest rate21% to 30% p.a.
Loan AmountUp to 7 lakh
Approval ProcessOnline
Loan Tenure3 months to 15 months
Processing Fees0% to 2%

Having the right bank account for your personal needs is essential to managing your finances. Sometimes, though, you need more than just an account you need a loan! This post will teach you everything you need to know about applying for a personal loan with Bharatpe.

We’ll give you all the information on what to expect and how much money they offer so that you can make an informed decision before applying.

Ready? Let’s get started!

Bharatpe Loan Apply up to 7 lakh instant loan available.

Eligibility criteria

Some eligibility criteria must be known to every individual who wants to take a loan from Bharat Pe App, as without being eligible for the loan, you can take it. The eligibility criteria for a loan from Bharat Pe is very different from any other. This is specially made for the merchants, and it is only accessible to them. 

We have mentioned all the eligibility criteria below:

  • You need to be a citizen of India and an active merchant. You need to have some kind of shop or business where you are using the Bharat Pe app QR scanner. 
  • You need to have a regular source of income from your business or shop 
  • The loan amount which will be approved to you will be determined by the number or payments coming into your Bharat Pe QR scanner. The more you will receive payment in your Bharat Pe QR scanner, the more amount you can borrow from it.

Documents required

  • Identity proof – Aadhaar card, passport, voter ID card, etc.
  • Address proof – Aadhaar card, driving license, passport, etc. 
  • Pan card for a successful KYC and some details about your business.
  • You also need to upload your selfie for identification.
  • You need to link your bank account with Bharat Pe and register for a NACH. 

Bharatpe Loan Benefits

Low-interest rate: The interest rate for the personal loan offered by Bharatpe is 24% p.a., which is one of the lowest in India.

Minimum Documents: Besides the details that you would need to provide for a traditional bank, Bharatpe also asks for your Aadhar number and PAN card.

Fast Approval: With its fast approval process of just four hours, applying online is easy! In addition, there is no additional paperwork or documentation required from customers after filling out the application form on their website.

Loan Amounts: You can borrow from Rs 25000/- up to a maximum amount of Rs 7,00,000/- depending upon your repayment capacity under this scheme. As with many loans offered by other companies in India, both salaried individuals, as well as self-employed professionals, have been known to be eligible applicants.

Instant Loan Check: If you already know what you want before going to the website, you can click on one of their banners to check your eligibility instantly.

Quick Loan Process: If you’re ready to apply, Bharatpe has a very simple process. You can easily fill out the application form in less than five minutes and get your approval decision shortly thereafter!

Processing fee: Bhararepe is offering 0% to 2% processing charge which is low.

We Have Given Below The Process Of Taking A Loan Up To Rs.7 Lakh From BharatPe.

  • First Of All Download BharatPe Application From Playstore.
  • After This, Register In BharatPe App Through Your Mobile Number.
  • When You Accept Payment From BharatPe QR Code Continuously For 1 Month, Then Loan Option Opens For You In BharatPe App.
  • You Can Apply For A Loan From BharatPe By Clicking On The Loan Option.
  • You Can Apply For A Loan From BharatPe By Uploading Your Required Documents.
  • After This, The Loan Amount Will Be Offered To You By BharatPe, Which You Have To Accept.
  • After This Wait For 2 To 3 Business Days The Loan Amount Will Be Transferred To Your Bank Account.

Features of BharatPe Loan  

BharatPe Loan Has The Following Features –

  • The Process Of Taking A Loan From BharatPe Is Completely Online, You Do Not Have To Visit Any Bank Or Office To Take The Loan. You Can Apply For Loan Through BharatPe App From Home.
  • You Do Not Have To Pay Any Kind Of Processing Fee For Taking A Loan From BharatPe.
  • You Can Increase The Loan Amount By Receiving More Payment From BharatPe QR Code.
  • You Can Get A Loan Up To Rs.7 Lakh On The Basis Of Your Eligibility.
  • BharatPe Is A Trusted Application Registered With NBFC And Approved By RBI.

Bharatpe Loan Fees & Charges

Interest rate21% to 30% p.a.
Processing Fees2% of the loan amount

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