How do I become eligible for a loan?
In order to become eligible for a loan as a PhonePe merchant you would need to,
- Have a desirable credit score that is needed as per the lending partner’s policy
- Continue to receive customer payments daily through PhonePe QR for 15 days or more continuously
- Receive more than ₹15,000 worth of payments each month
Note: Loans are provided by the lending partners of PhonePe Lending Services Pvt. Ltd. (“PhonePe”)