Google has made a big announcement today in its Google for India event which is of great use for crores of users of the country. Google has said that now Google Pay users can take a loan of up to Rs 5-50 lakh from home in just one click. For this, Google has partnered with Aditya Birla Finance Limited (ABFL).
Google said in its event that the facility of Google App Loan will be available soon. Apart from this, Google said that more than three crore people check their CIBIL store through the Google Pay app.
Google has also started a gold loan scheme on the Google Pay app. Under this scheme, you can get a gold loan of up to Rs 50 lakh online from home without a civil report and other documents. For this, Google has partnered with Muthoot Finance.
Let us tell you that Google Pay has about 200 million active customers in India who use the popular Unified Payments Interface (UPI) platform. The app facilitates 5.6 billion monthly transactions worth about Rs 7.5 lakh crore. Apart from this, Google Pay reaches over 13,500 pin codes in the country, which means Google Pay is being used in 70 percent of the country.
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