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How to get loan in 1 hour, know the interest rate and necessary documents

How to get loan in 1 hour (How to take loan within 1 hour, How to take loan online in 1 hour, How to take loan in 1 hour without going to bank, How to take loan sitting at home in 1 hour, How to get loan instantly, In 1 hour) Documents required to take loan)

Friends, in today’s era everyone needs money, no work is completed without money. Friends, when you need a lot of money, then you ask for money from a friend or relative and for some reason your friend or relative refuses to give the money, then you feel very sad at that time. Friends, in today’s article we will tell you a better platform from which you can take a loan in 1 hour sitting at home or the name of that platform is – Freecharge – Pay Later, UPI.

In today’s article, we are going to give you complete information about how to get loan in 1 hour, what is Freecharge App? What are the conditions for taking 1 hour loan, how much can be taken in 1 hour loan, what is the interest rate on taking 1 hour loan, which documents are required to take 1 hour loan. We are going to share all this type of information with you in this article.

What is Freecharge App?

First of all, know what is Freecharge App? Friends, this is an online loan application through which you can get a personal loan online sitting at home. Apart from loan, through this app you can also avail other facilities like UPI Payment, Money Transfer, Mobile Recharge, Pay Later Loan etc. Freecharge was launched by Axis Bank in 2013. Initially this app worked like Paytm, Google Pay and Phone Pay but later this application started giving loans in addition to these facilities.

The legal name of Freecharge is Freecharge. On 22 Apr 2013, this organization had published its own App on Play Store whose name is Freecharge – Pay Later, UPI. From 22 Apr 2013 till now, crores of people have taken loans with the help of this app.

Talking about Play Store, till now this app has been installed by more than 10 crore people and it has got a rating of 4.3. Currently this application can be used only in Android phones.

This company is approved by NBFC and works under the rules of RBI. Therefore, it is absolutely safe for you to use this application.

Loan Review in 1 Hour

Application NameFreecharge – Pay Later, UPI
Loan TypePersonal Loan
Ageover 21 years
credit limitFrom Rs 5000 to Rs 5 lakh
DocumentAadhaar, Passport, Voter ID Card, PAN Card
App Size33.22 MB
when was it launched22 Apr 2013
App Download10,000,000 + Download

How can I take a loan in 1 hour?

  • Step 1. Friends, first of all you download this app from Goggle or Play Store app.
  • Step 2. Next it asks you for some permission, allow it. And click on the option of Get Started.
  • Step 3. Next, sign up with your mobile number and click on the Continue option.
  • Step 4. After this you will have to give your personal information like name, email ID and PIN code of your area.
  • Step 5. Next you have to click on Financial Services, after clicking you have to click on Pay Later.
  • Step 6. Next you will see the option of Get Started, click on it.
  • Step 7. After this you will get your PAN No. Have to enter and click on Next option.
  • Step 8. After this you have to fill your personal information like – your name, your father’s name, your mother’s name and whether you are married or not.
  • Step 9. After this you will have to give other information like – what work you do, company name and loan related information etc.
  • Step 10. After this you have to choose the loan amount according to your income and after that you have to click on continue to Apply.
  • Step 11. Now you will get a verification call and they ask you some basic information.
  • Step 12. In this way the loan amount will be easily transferred to your bank account.

What are the conditions for taking loan in 1 hour?

Friends, to take loan in 1 hour you have to fulfill the following qualifications –

  • The citizenship of the applicant should be Indian.
  • The age of the applicant should be more than 21 years.
  • You need a smartphone loan.
  • Credit history (CIBIL) should be fine
  • Your monthly salary should be Rs 12,000 or more.
  • You must have an active bank account and a mobile number.

How much loan can be taken in one hour?

If we talk about loan amount in 1 Hour Loan, then you can take loan from Rs 5000 to Rs 5 lakh from here. Meaning that you can take a minimum loan of Rs 5000 and a maximum loan of Rs 5 lakh. Which is a sufficient amount.

What is the interest rate on taking loan in 1 hour?

Friends, if you take a loan in one hour, you may get interest ranging from 8 to 24%.

Which documents are required for 1 hour loan?

Friends, to apply for a loan in an hour, you need the following documents –

  • Identity Card (Aadhaar Card, Voter ID Card)
  • Residence certificate (PAN card, electricity bill, gas bill etc. any document in which your address is mentioned)
  • Income proof (your salary slip or bank statement)
  • Your passport size photo

How much loan tenure is available in one hour?

Friends, now let’s talk for how many days you get the loan taken in 1 hour. Friends, you get time ranging from 6 months to 60 months to repay the loan amount, which is a sufficient tenure for the loan amount provided by it.

What charges are levied on 1 Hour Loan?

  • Processing Fee: Some percentage of processing fee is also charged on the total loan amount which can range from 0 percent to 2 percent.
  • Late Payment Charge, if you delay in paying the monthly installment then you also have to pay Late Payment Charge.

What are the benefits of taking a loan in one hour?

  • You get an instant loan up to Rs 5 lakh from this app.
  • You can repay the loan from 6 months to 60 months.
  • With the help of this app, you can take online loan sitting at home.
  • With this app you get the loan instantly.
  • The loan amount comes to your bank account within a few minutes.
  • This application is registered by NBFC, which is completely secure.
  • There is no prepayment fee.

Who can take loan in one hour?

Friends, all types of people can take loan in one hour. As –

  1. A working person can also take a loan.
  2. You can take a loan even if you do business.
  3. You can take a loan even if you are a salaried person.
  4. Even if you are a student, you can take a loan.

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