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What Is Phone Pay?
How does phone pay give a loan?
Phone pay provides a loan with the help of Flipkart. Phone pay does not provide loans alone. To give you loan phone pay takes the help of Flipkart. To get a loan from phone pay you have to download phone pay from the play store.
Now you have to go to Flipkart and create an account on Flipkart with the same phone number. After creating an account on Flipkart you have activate pay later option to activate the pay later option you need to submit some documents.
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Advantages Of Taking a loan from phone pay
If you want an instant loan for emergencies then you can choose the phone pay loan option. There are multiple advantages of taking a phone pay loan:
- You do not need to go to banks.
- You will get an instant loan.
- No tension of interest.
- Good security.
Documents to get a loan from phone pay
To activate the pay later option in Flipkart you need to have some documents these documents are as follows:
- Aadhar card.
- Pan card.
- civil score 600+
What is the interest of a phone pay loan?
You do not need to pay any interest after taking a loan from phone pay. You have to return the loan within 45days.
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How to take a loan from phone pay
It is very simple to take a phone pay loan. You can follow following steps to get loan from phone pay.
- Download phone pay app from play store.
- Register from your phone number.
- Connect your bank account with phone pay.
- Download Flipkart from the play store.
- Now create an account on Flipkart with the same number.
- Now submit documents on Flipkart.
- Now go to phone pay and open my money app.
- You can access the pay later option from Flipkart.
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Conclusion on taking loan from phonepay
I hope that you liked the information provided in this blog post on how to take a loan from phone pay. If you liked this information you can share this with your friends who want urgent money. If you also want to know tips and ways to take an instant loan then you can visit our loans > coinseen.
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