Google India announced loan up to Rs 1 lakh with lower interest rate
Google India has made an important announcement today. Henceforth traders in India are generally given small loans. One of the money transfer strategies has started offering Sachet loans on the GPay app.
Google Pay: Google Pay has given good news to the small traders of the country. Now you can get loan through Google Pay. Google India has made an important announcement today. Henceforth traders in India are generally given small loans. Google Pay has given good news to the small traders of the country.
Now you can get loan through Google Pay. Google India has made an important announcement today. Henceforth traders in India are generally given small loans. One of the money transfer strategies has started offering Sachet loans on the GPay app. Sachet loans are a form of nano-credit or bite-sized loans that are instant loans.
This sachet loan can be availed from Rs 10000 to Rs 1 lakh. But you can get up to Rs 15,000 on Google Pay. A loan of Rs 15,000 from Google Pay has to be repaid at the rate of Rs 111 per month. Google Pay has partnered with DMI Finance to offer loans. It said that it would help the small traders to do self employment or their hard times.
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In addition, Google Pay will enable credit lines for merchants in partnership with ePayLater. Traders can avail this loan at online and offline dealers to get their goods. In addition, Google India has already launched credit lines on UPI in collaboration with ICICI Bank.
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Google Pay has also partnered with Axis Bank to offer a portfolio of personal loans. Google Pay has also expanded its portfolio of personal loans to Google India. According to Google Pay Vice President Ambarish Kenge, Google Pay has done transactions worth Rs 167 lakh crore through UPI in 12 months.
Monthly income should be less than Rs 30,000 to avail this loan. It is also offered in two grades. Those who trade within a town and those who trade outside it. Thus it will be given in two tiers. Google India has announced many important plans for small businesses.
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