How to Get Phonepe loan ,Repayment & Customer Care

PhonePe Loan

The saying that money makes the world go around is a practical statement that is applicable to all in their daily life. After Covid everyone’s world has gone for a toss and financial crunch is the story of every second person in this world.  Loan seems to be the easiest and practical way out of this situation but on ground level when it comes to borrowing money, not everyone is equipped with right kind of information or knowledge. The efforts made in wrong direction not only frustrates one but also push them towards depression.

Today we would help you find your way out of this problem that too while sitting at your home. There are number of online applications that can not only provide you with solution to your financial issues but also help you generate extra hassle-free income.

For starters PhonePe is among one of the commonly used popular app that serve your purpose. You can easily apply for loan via PhonePe and the procedure is very easy. Let’s take a look what are the steps involved to get solution for your finances.

What is PhonePe?

PhonePe is an online money transaction application, that can help you with mobile recharge or any other bill payments may that be electricity, water or any other to name. You can send or receive money from anyone. We would like to tell you that in this you also get a system of UPI which makes our life very easy as PhonePe has partnered with more than 140 banks. This application is used by more than 100 million people all over the country as can be seen though downloads on the Play Store this.

How to Get Loan through PhonePe?

PhonePe does not give you direct loan. In simple words it has partnered with Flipkart, therefor it gives loan to everyone through Flipkart, now what is this loan and how will you get it?

How much loan can you get from PhonePe?

Before taking a loan from any loan company or application, it is very important to know how much money we can get and will it be sufficient to meet our funds requirement? Now if we talk about PhonePe Loan, then you will easily get loan ranging from Rs.5,000 to Rs.50,000.

For how many days one can get loan from PhonePe?

If you take a loan from any loan application or company, then you must know that how much time you get to repay that loan. PhonePe gives you 45 days interest free loan and this loan is available for a minimum of 4 months and a maximum of 12 months.

How much interest will PhonePe charge?

If you take a loan from any company or application, then before taking a loan, you must know the interest rate charges beforehand. If we talk about PhonePe Loan, then you will be very happy to know that it is going to be interest free loan. You can use this loan interest free for exactly 45 days.


If you take a loan of Rs. 10,000 from PhonePe, you will have to pay back 10,450 at 18% interest rate every year.

Personal Loan from PhonePe?

Now you must be wondering whether PhonePe gives personal loan, can we take a personal loan from it?So, friends, we would like to tell you here that PhonePe does offer you a personal loan, that you can use anywhere as per your requirement.

Business Loan from PhonePe?

You must be thinking now that whether PhonePe offers business loan then answer is yes. The business loan that you take can be used anywhere by you.

PhonePe EMI Loan?

You must be thinking that does PhonePe offer EMI loan then yes, we would like to tell you that it is a kind of EMI loan only which can be easily availed by you.

What are the features of PhonePe Loan?

  • It is 100% completely online, you don’t need to go anywhere.
  • It provides you interest free loan.
  • It gives you a loan with less documentation.

Why take a loan from PhonePe?

Friends, now you all must be thinking that why should you opt for PhonePe only when number of other applications are available that too offer online loans? So the reason for it is

  • It gives you loan of higher amount
  • It gives you EMI loan
  • It gives you a loan for a longer period
  • It gives you interest free loan
  • It takes very less documents while giving loan
  • It provides loan all over India
  • It gives you instant loan in your bank account
  • It gives you the fastest loan
  • It is 100% online, you don’t need to go anywhere and apply for loan.

Where can I use PhonePe Loan?

  • You can use this loan to buy a new phone
  • Using this loan, you can build a new house
  • You can use this loan for mobile recharge
  • With the help of this loan, you can do online shopping

Eligibility to take loan from PhonePe?

  • You must be a citizen of India
  • You must be at least 18 years old and not more than 59 years old
  • You must have a means of earning every month

Documents required to take loan from PhonePe?

  • Id Proof (PAN card/ Aadhar card/ Passport/ Voter card)
  • Address Proof (Your PAN card/ Aadhar card/ Passport/ Voter card)

How to take PhonePe loan?

  • First of all, you need to download PhonePe application on your phone from play store.
  • Now you have to register on it by entering your phone number
  • Now you have to add your bank account in PhonePe
  • Now you have to download one more application that is the Flipkart Application from the Play Store.
  • Now you have to register with the same phone number, that is used for your PhonePe registration
  • Now you have to open your Flipkart application
  • Now you have to activate Flipkart Pay Later
  • Now you have to upload your documents
  • Now you will get a limit in this
  • Now you have to open the application on your phone
  • Now you have to click on My Money in PhonePe
  • Now you can use this loan

How to do PhonePe Loan Repayment?

If you want to repay PhonePe loan, that is return the loan, then you have to open the PhonePe application, in that you will get the option of loan repayment, you can repayment by clicking on it. You can also repay any other loan that you have taken from other company as well.

PhonePe Loan Customer Care Number

Phone: 080-68727374

Friends, we have tried to cover all aspects that can help you apply for loan though PhonePe in detailed manner. We have tried to give you a proper insight but still in case if you have any quarries that need to be answered then please you can ask us by commenting and if you like the information given by us, then definitely share it with all your friends and follow us to read more similar posts. Please subscribe to the blog by entering your email. Thank you for your valuable time.

Also Read How to Get Personal Loan via Google Pay