Bharat Pe loans at 0% processing fee and without any collateral

If you are looking for an online loan then you can get it from Bharat Pe. You can get a loan of amount up to 7 lakh Rs. for all your needs from Bharat Pe. It is providing loans at a 0% processing fee and without any collateral. Enjoy lower than market interest rates, the easy application process, and quick disbursal.

Bharat Pe is a uniquely ‘Indian’ payments company serving offline retailers and businesses. Bharat Pe has simplified accepting payments from 100+ mobile apps on India’s UPI network, by offering businesses a single interoperable QR sticker. The QR can be scanned by and accept payments from all prominent mobile apps such as PayTM, PhonePe, Google Pay, WhatsApp, Amazon Pay, BHIM, Mobikwik, Freecharge, and True Caller. 

Ad

Merchants can sign up instantly and get credit for transactions in their bank accounts the same day. Bharat Pe is solving for ease of doing business. Payments are their first product and the plan is to be the utility app for 10 Mn+ offline retailers in India for all their business needs.

Bharat pe app is a one-stop destination for quick and secure online recharge and bill payment. You can also pay DTH, electricity, broadband, piped gas, water, LPG cylinder, and mobile bills on the Bharat Pe app.

Ad

Bharat Pe is a lending merchant payment network. It is a Delhi based payments startup. The Fintech startup has partnered will Apollo Finvest to enable lending on its platform and plans to add more partners. This payment platform was Co-founded by Ashneer Grover and Shashvat Nakrani in 2018.

Bharat Loan the loan product of Bharat Pe allows creditworthy merchants to avail of loans via a100 percent digital and automated process. With the Bharat loan, the merchant also has the option to go for a hybrid repayment model with a combination of daily QR/ Pos collection and weekly payment directly from the bank account.

Bharat Pe had recently launched India's only zero MDR card acceptance terminals Bharat Swipe.

Ad

Bharat Pe machines are zero MDR and zero rental. Bharat Pe wants to increase its customer base to a million by March 2021. In the next five years, this two-year-old company wants to become a small finance bank.

Bharat Pe doesn't want to make any money on transactions. Their business is lending. Both QR and POS is a service that they do give to merchants, which allows them to do lending better. Bharat Pe is also focusing on launching new products for merchants with an aim to help their business grow. The company currently allows loans in the range of Rs 20,000 to Rs 7 lakhs for up to 15 months of tenure. The merchants can repay the loan in the form of small daily or weekly installments.