How to find loan offers in the Google Pay for Business app?
- Open the Google Pay for Business app
.
- Go to the Loans section.
- To find available GPay loan offers, tap Offers.
Why can’t I find loan offers in the offers tab?
Currently, there are no offers available. Watch this space for future offers on the Google Pay for Business app.
How can I be eligible for loan offers?
Here are a few tips so you can be eligible for loan offers on the Google Pay for Business app:
- Accept payments through Google Pay for Business QR code more often.
- Encourage more customers to use a GPay QR code to make payments.
- Maintain a good credit score.
Tip: This feature may not yet be available in your region.
How will Equated Monthly Installment or EMI be deducted?
The loan EMI amount will be automatically deducted from your bank account.
What documents are required to apply for loans on GPay?
Your Aadhaar card is required when you apply for a loan on the Google Pay for Business app.
How long will it take for the loan disbursement?
The loan amount will be disbursed to your account within 5 business days.
Why is my loan application rejected?
Applications are generally rejected based on your credit score and transaction history. However, the review process varies based on the lending partner.
Where can I check my loan status?
- Open the Google Pay for Business app
- Go to the Loans section.
- To view your loan status, tap My Loans.
What deductions happen from the final loan amount sanctioned?
The following deductions may be made from your final loan amount sanctioned:
- Processing fees
- Taxes
Tip: The breakdown is mentioned on the Google Pay for Business app when you review the final offer.
Tip: Check the Google Pay for business app for the latest updates about loans on iOS.
To know more about loans on Google Pay for Business, watch these videos from our YouTube video contributors.
Google Pay for Business- Now Apply Business Loan
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