How to take Loan from Bharat Pe App

Bharat Pe Loan

How to take Bharat Pe Loan

Hello friends, you must have heard or used the app called BHARAT PE. It is one of the best and most useful app especially for shopkeepers as when it comes to money transactions as it helps to take payment from any other application which is linked with UPI.

This method is very fast and safest because this BHARAT PE is a very secure app recognized by the Indian government. Bharat Pe is compatible with other apps like paytm, google pay, phone pe. You can also withdraw money from any app.

To your surprise this app even allows you to take loan to meet your requirement that too with simple procedure which we will discuss below. Like said before, this app is recognized by the Government of India, so whatever loan you get from here will be absolutely safe, so this company is going to be very reliable for you who want to take loan.

How much loan can you take with the Bharat PE?

If you want to take loan from “BHARAT PE” then you can get a loan of Rs 10,000 to Rs 7,00,000 from this “BHARAT PE” app.

How much interest will be charged by Bharat PE?

Each loan comes with some rate of interest so when it comes to Bharat Pe then if you want to take a loan from this company, then you will be charged interest rate from 21% to 36%. Even though the rate of interest sounds high still it can prove to be very beneficial for you.

Example

Suppose you take loan up to Rs 1,00,000 from this company for the period of 3 months at the rate of 24%, that is you will return the loan amount within three months .

So you will have to pay a total of Rs 6,029 to this company as interest. Which is very less amount for 1,00,000 loan.

Tenure Allowed

This company will give 2 months to 24 months to return the loan outstanding amount which is best as compared to any other loan companies.

What documents are required to take loan from BHARAT PE?

If you want to take a loan from “BHARAT PE”, then you will mainly need 3 documents

Aadhar card – First of all, with the help of Aadhar card, this app gets some of your personal information, such as what is your name, what is your father’s name, where do you live, what is your date of birth, this app gets to know all this information.
PAN card – With the help of PAN card, this app gets your bank related information because this app gets your permanent account number which is linked only with you. Many loan companies give you loan only on the basis of this PAN card.

Bank statement – This app asks for your last 3 months bank statement in order to ensure that you have a bank account with a valid transaction history that can verify your creditability.