How to take loan from mobile? If you need money in emergency. If you want to take loan, you can apply for personal loan through mobile. Because in today’s time, taking loan has become very easy due to internet. To take loan from mobile, a loan application has to be installed from Play Store. After this you will get information about the loan application process. In which you have to enter basic information and upload the required documents while applying for loan.
What is a mobile loan? How to take a loan from mobile 2025
In today’s time, due to the digital age, it has become very easy to take a loan from mobile. Mobile loan online is a type of loan. Which is called personal loan. To get this loan, you can apply online from home on your smartphone or laptop. Mobile loan online is very useful for those people. Who need money in emergency. In today’s time, there are many loan applications and NBFC companies. Through which you can apply for personal loan from your mobile.
How to take loan from mobile? Mobile se loan kaise le 2025
Eligibility to take loan from mobile mobile se loan kaise le 2025
- The applicant must be a citizen of India.
- The age of the applicant should be between 18 years to 59 years.
- The applicant for the loan should be either salaried or self-employed.
- The applicant should not be a loan defaulter of any bank.
- The mobile number should be linked to the Aadhaar card of the applicant.
- The applicant must have KYC documents for the loan.
- The applicant must have a good credit score to apply for the loan.
Documents required for taking a loan from mobile
- Aadhaar Card
- PAN card
- Voter ID
- Driving License
- Bank statement
- salary slip
- Income Tax Returns for 2 years
- Mobile Number
What is the interest rate on taking a loan from a mobile? Mobile se loan kaise le 2025
If you take a personal loan of up to ₹ 5 lakh from mobile. Then the interest rate of this loan is 11.5% to 30% per annum. Because all banks and NBFCs provide personal loans at different interest rates. Apart from this, the interest rate of personal loan of all banks and NBFCs depends on the applicant’s CIBIL score.
Online application process for mobile loan
- First of all, install the Buddy Loan application from Google Pay Store on your smartphone.
- After this, you have to sign up in the big loan application by entering your mobile number.
- After this, you have to login to the Buddy Loan application by entering your mobile number and password.
- After this, in the Buddy Loan application, you have to select the personal loan option in the loan section.
- Now a new page will open on your screen.
- In which information related to big loan personal loan will be given.
- After reading it carefully, click on the apply boat button.
- Now a new page will open in front of you.
- In which the required documents required for big loan application have to be scanned and uploaded.
- After this, loan limit will be offered as per your CIBIL score.
- To avail the loan limit, click on the Continue button.
- After this the application form will come in which you have to enter all the information.
- After this, some required documents have to be scanned and uploaded.
- After this, the KYC process has to be completed. After this, the payment of the loan amount has to be set up.
- After that, the last step is to submit the application form successfully.