Now you can avail loan from Google Pay, Know details…

Google Pay, the world’s largest company, has brought a great service to people. In this service, Google launched Sachet Loan through its payment app system Google-Pay to meet the small needs of common people.

With this new offer from Google, small businessmen will be given loans up to 15 thousand rupees easily. The special thing is that you don’t have to go to any bank for this. Google Pay has named this loan of Rs 15,000 as “Sachet Loan”.

Know what Sachet Loan is?

Sachet Loan is a type of small and pre-approved loan. Its tenure is between 7 days and 12 months. Google-Pay tweeted about this and said, “We’ve often seen that small business owners often want to pay off debt with easy payment options.” So, Google Pay and DMIFinance are launching Sachet Loans to meet this need. A loan of Rs 15,000 will be available and can be repaid in easy installments of Rs 11. This service of Google will be very beneficial for people who want to do daily business and want to pay their debts daily.

How to avail loan…

Google has started this loan service in tier 2 cities. Let’s know how to get the benefits of the loan.

  1. For this, first of all you need to go to Google Pay Business option.
  2. After that, go to the loan section and tab on offers.
  3. Now enter the loan amount and click on next.
  4. It will then redirect to the landing partner’s site.
  5. Here you will get loan after completing some easy steps with KYC.

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