You can digitally pay Rs. You can get a personal loan up to 1 lakh. It can be repaid in installments of 36 months or a maximum of 3 years.
Loan from Google Pay: Sometimes you need money emergency and you get personal loan from banks at very high rate. In such a situation, a new method has come up through which you will get a loan of up to 1 lakh rupees instantly. You may be familiar with Google Pay, which now allows you to get personal loans up to Rs 1 lakh.
What is the new feature , how is it possible ?
In fact, Google Pay has tied up with DMI Finance Limited and under the partnership, both companies are jointly offering digital personal loans.
How much to get loan – How to pay
You can digitally pay Rs. You can get a personal loan up to 1 lakh. It can be repaid in installments of 36 months or a maximum of 3 years. Currently, this facility is available across 15,000 zip codes in the country in partnership with DMI Finance Limited.
What are the conditions for taking a loan from Google Pay ?
To take this loan, the customer needs to be a customer on Google Pay and not have a new account but still should have a good credit history, only then this loan will be available. Not everyone can get this loan, as it requires a good credit history.
Pre-qualified users can avail this loan from DMI Finance Limited and the loan will be offered through Google Pay.
How long will the money be deposited?
If there are pre-approved customers, the customer’s loan application will be processed in real-time and after some time the amount you applied for will be credited to the account (maximum one lakh).