How to take loan from Bharatpe Loan App:- Do you want to know How to take loan from Bharatpe and BharatPe Loan Eligibility, BharatPe Loan Details, BharatPe Personal Loan Interest Rate, BharatPe Loan Customer Care Number and BharatPe Loan Application Online to get the loan? If yes, then this post can prove to be very informative for you.
If you are a businessman and want to scale up your business but you do not have enough capital then you can expand your business by getting loan from BharatPe as BharatPe app can easily provide you loan up to ₹700000. Whether your business is small or big you can get loan from BharatPe and in today’s post we will also tell you step by step how to get loan from India and how much time it takes to get it.
Table of Contents
- 1 What is BharatPe?
- 2 BharatPe Loan Eligibility Criteria
- 3 Documents required for taking loan from BharatPe
- 4 How much loan is available from BharatPe?
- 5 How to take loan from BharatPe?
- 6 BharatPe App Loan Interest Rate
- 7 BharatPe Loan Tenure
- 8 Features of BharatPe Loan App
- 9 BharatPe Loan Customer Care Number
- 10 FAQs for Bharatpe Loan Kaise Le
What is BharatPe?
BharatPe is a leading Fintech (Financial Company) company in India that enables merchants or merchants to accept payments from any UPI through a single BharatPe QR code and also offers business loans up to ₹700000 to BharatPe merchants. source of income. If you want, you can also take a personal loan from PayTm.
According to the Google Play Store, the BharatPe app has over 10 million installs and a rating of 4.1. Ashner Grover and Shashwat Nakrani, the founders of BharatPe, started this financial company on March 20, 2018.
BharatPe Loan Eligibility Criteria
Following are the Eligibility Criteria to take loan from Bharat Pay app, which you should follow only then you can get the loan-
- The age of the applicant should be 18 years or more.
- The applicant should also be a citizen of India.
- The applicant’s business account should also be linked to BharatPe.
- The CIBIL score of the applicant should be 700 or more.
- It is necessary for the applicant to be an active businessman, if you have a shop or a small business, then only you can get a loan from BharatPe.
- To take a loan from BharatPe, you have to receive payment through BharatPe QR CODE continuously for one month only then the loan option opens.
- To get a quick loan on BharatPe, the payment through the QR code must be received quickly.
Documents required for taking loan from BharatPe
You can get a loan online from BharatPe, that’s why you need minimum documents, yet the documents required to take a loan from it are as follows-
- Aadhar Card
- Pan Card
- Bank Details
How much loan is available from BharatPe?
BharatPe app provides loans in such a way that all sections of people can easily get loans. Keeping all these things in mind, Bharat Pe App can provide loan from ₹10000 to ₹700000 and the loan amount you get depends on the amount received from your business transaction i.e. QR code of BharatPe App. It depends on this. The more payments you receive from the QR Code, the higher your loan amount will be.
How to take loan from BharatPe?
BharatPe app currently offers only business loans, so you must have an ongoing business to avail loans from BharatPe. Also, you can avail loan from BharatPe only if you accept payment through QR code from BharatPe continuously for one month.
Keeping the above aspects in mind you will be able to avail loan from BharatPe and following are the step by step guides to avail loan from it.
- First of all you have to download BharatPe App from Google Play Store.
- After that you have to register in BharatPe App through your mobile number.
- Now you have to receive payment from BharatPe QR Code continuously for 1 month only after which your loan option will open.
- Once the loan option is opened, you can apply for a loan from BharatPe.
- You can apply for the loan by uploading all the necessary documents that will be asked.
- After that, the loan amount will be offered to you by BharatPe, which you have to accept.
- After that you wait for 2 to 3 Business Days, the loan amount is transferred to your bank account.
So see how easy it is to get BharatPe Loan and by following all these procedures you have to check every aspect thoroughly and only then apply for the loan; Otherwise, the author or owner of the blog will not be responsible for any problem. , ,
BharatPe App Loan Interest Rate
Every time you go somewhere to take a loan, think about the interest rate before taking the loan and it is important to think like this because many companies charge more interest from the user.
Only the interest rate determines whether taking a loan will be suitable for you or not and if we talk about the interest rates of BharatPe, it charges you an interest rate ranging from 21% to 30% per annum and the interest rate is applicable . The loan depends on the client, it depends on the payment received from the profile and its QR code.
BharatPe Loan Tenure
Once you have taken a loan from the Bharat Pay app, it gives you a good loan repayment tenure and also offers a lot of flexibility. It gives you a minimum of 3 months to a maximum of 15 months to repay the loan taken, you have to pay the interest in the given time or else App on India reserves the right to take legal action against you.
Features of BharatPe Loan App
Following are the features of Bharat Pe Loan App-
- The whole process of taking a loan from Bharat Pay app is online, for this you do not have to go to any bank or office, only you can apply for the whole process sitting at home.
- You do not have to pay any kind of processing fee for taking loan from Bharat Pay app.
- If you need more loan then you should receive more payment from BharatPe QR code.
- In this, you get a maximum loan of up to ₹ 700000.
- BharatPe is a trusted application registered by NBFC and also recognized by RBI.
BharatPe Loan Customer Care Number
If you are facing any problem in taking any loan from BharatPe App or you want a solution for anything, then the number to contact them is as follows-
- Customer Support: 888,2555,444
- Web: https://bharatpe.com/contactus
FAQs for Bharatpe Loan Kaise Le
1. What types of loans does BharatPe provide?
Ans. BharatPe offers two types of loans: a merchant cash advance and a personal loan. Merchant cash advance is a type of loan for business owners who require funds to grow their business, while personal loans are for individuals who require funds for personal expenses.
2. How much loan can I get from BharatPe?
Ans. BharatPe offers loans ranging from Rs. 10,000 to Rs. 7 lakh depending on your eligibility and purpose of the loan.
3. What are the eligibility criteria for getting a loan from BharatPe?
Ans. The eligibility criteria for availing a loan from BharatPe depends on the type of loan you are applying for. For Merchant Cash Advance, you need to be a registered business with a minimum turnover of Rs. 3 lakh per month. For a personal loan, you must be a salaried employee with a minimum monthly income of Rs. 20,000.
4. What documents do I need to provide to apply for a loan from BharatPe?
Ans. To apply for a loan from BharatPe, you need to provide some basic documents including your Aadhaar card, PAN card, bank statement and salary slip (for personal loan). Depending on the type of loan you are applying for, you may also need to provide additional documents.
5. How long does it take to get a loan from BharatPe?
Ans. The loan disbursement time for BharatPe Loan is usually between 24 to 48 hours, provided all the required documents are submitted and the loan is approved.
6. What is the interest rate for BharatPe loan?
Ans. The interest rate for BharatPe loan varies depending on the type of loan, loan amount and repayment tenure. However, the interest rates are generally competitive and are comparable to other lenders in the market.
7. Can I prepay my BharatPe loan?
Ans. Yes, you can prepay your BharatPe loan without any prepayment charges. This means you can make prepayments to reduce the outstanding loan balance and save on interest charges.
Overall, BharatPe offers a convenient and hassle-free loan application process with competitive interest rates and flexible repayment options. Before applying for the loan, make sure to read the terms and conditions carefully and ensure that you are able to repay the loan on time.
Thank you very much for visiting our [MoneyCred.in] website.