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.
Bharatpe Loan Quick Recap
|Interest rate||21% to 30% p.a.|
|Loan Amount||Up to 7 lakh|
|Loan Tenure||3 months to 15 months|
|Processing Fees||0% to 2%|
|Eligible For||Salaried Person/ Self Employed|
What is BharatePe?
BharatPe is free payments software that allows you to accept UPI and card payments from any app. It simplifies payment acceptance by providing retailers with a single QR code that can take payments from Google Pay, PhonePe, Paytm, BHIM, Amazon UPI, and 150+ other banking applications. BharatSwipe can also take debit and credit card payments.
In addition, using its app, Bharatpe provides fast personal loans of up to Rs. 7 lakh.
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.
Also Read: Cashe Personal loan up to 4 lakh
Bharatpe Loan Fees & Charges
|Interest rate||21% to 30% p.a.|
|Processing Fees||2% of the loan amount|
Bharatpe Loan Eligbility
- Your age should be minimum 18 years
- Required source of income
- Active Bank Account required
Also Read: MoneyTap instant loan apply
Documents Required for Bharatpe Loan
- PAN Card
- Aadhaar Card
- Bank Account
- Recent 6 months bank statement
How to Apply for Bharatpe Instant Loan
Follow the step by step process to apply for Bharatpe Personal loan:
Step 1 Install Bharatpe app from Google Play Store.
Step 2 Open Bharatpe app and register through phone number.
Step 3 Scroll down and apply for the loan.
Step 4 Upload requires documents and Bharatpe will review your application.
Step 5 After verifying all the documents, you will get the loan.
Step 6 It takes around 7 to 14 days to get the loan.