A personal loan falls under the category of unsecured loan, which helps you to meet your daily financial needs. The borrowers do not have to pledge any security against the credit and the lender even provides total flexibility to use the funds according to the needs – be it a medical emergency, funds required for a house renovation, marriages or even for a vacation. Bajaj Finserv Personal loan, a category leader in this segment, offers instant approval and disbursal for credit up to 25 lakh. Moreover, with a flexible repayment option, you can spread your EMI over 12-60 months. You can even find out your EMI that would be required to pay by using the Bajaj Finserv Personal Loan EMI Calculator, available on Finserv MARKETS.
Bajaj Finserv Personal loan owing to its convenient, easy eligibility criteria, has been one of the top choices among borrowers. Moreover, there is no need to fill a tedious form for each time you withdraw within the personal limit. You can withdraw money from your Personal loan limit anywhere around the clock. A few simple provisions that you need to fulfil to avail a personal loan from here are:
1. You need to be in the age group of 23-58
It is understood that the millennials’ needs have transformed drastically than the past generations. Today, the current generation spends more exuberantly on a lifestyle that provides happiness and fulfils desires. Hence, loaning to travel, or to buy an expensive mobile phone is not something unheard of today. With this background, Bajaj Finserv Personal Loan has kept the minimum age to 23. You should also read about How age can affect personal loan eligibility.
2. You need to be a salaried employee
For any economy, having financial discipline is indispensable. Hence, being salaried is an important eligibility criterion for a Bajaj Finserv Personal loan. It assures the creditor that you have the potential to pay back the borrowed money. Personal loans on Finserv MARKETS are available at an interest rate of 12.99%(p.a) onwards.
3. You need to be an Indian citizen
Bajaj Finserv Personal loans are only provided to Indian Residents. Non Resident Indians, presently cannot avail this benefit.Apart from the conditions mentioned above, there are a few other documents that are mandatory for verification purposes before you apply for a personal loan. Further, such identification documents plays an essential role in instant disbursal. Hence, it is prudent to keep your documents like Aadhaar Card and PAN Card handy during your personal loan application. Further, bank statements for the last three months are also needed to rationalise your financial paying-back capacity.
Loan Eligibility Calculator:
Before taking a loan, a common question asked by the borrower is the maximum amount he is eligible to borrow. This magical figure can be obtained with two simple steps via Bajaj Finserv Personal loan Eligibility Calculator available on Finserv MARKETS. All you need to enter is your net income and Equated Monthly Installments ( EMI) amount that you are comfortable paying. Such a process has been considered as a breakthrough in the financial ecosystem since it’s launch. It overcomes the problems often associated with conventional offline methods for checking loan eligibility – such as inaccuracy and tedious.
Benefits of taking a personal loan on Finserv MARKETS
Personal loans on Finserv MARKETS are tailored financial products that will cater to your diverse financial needs. You are even provided with an option of a top-up lest your earlier borrowed credit becomes insufficient.
Being collateral-free, it eases the process further. The borrower is saved from the stress of releasing his mortgaged article/property. There is no third party involvement in the lending process on Finserv MARKETS. You will even get a free Financial Fitness report that will aid in rationalising your debt.
Hence, whether it is your dream to travel across the ocean or have a desire to splurge on your wedding, or even renovate your house, the Personal Loan, with easy on pocket EMIs, has the potential to fulfil every craving of yours. Be among the 100million+ customers that have been happily served on Finserv MARKETS and avail your loan with maximum transparency with minimal paperwork. Look no other source for borrowing and check your loan eligibility with Bajaj Finserv Personal Loan EMI calculator on Finserv MARKETS, right now.
Finserv MARKETS, a subsidiary of Bajaj Finserv, is a one-stop digital marketplace that has been created for consumers on the go. It offers 500+ financial and lifestyle products, all at one place. At Finserv MARKETS, we understand that every individual is different. And that’s why we have invested in creating a proposition – Offers You Value. A value proposition that ensures you get offers which are tailor made for you. We also offer an amazing product range and unique set of online offers across Loans, Insurance, Investment, Payments and an exclusive EMI store. Be it in helping you achieve your financial life goals or offering you the latest gadgets, we strive to offer what you are looking for. From simple and fast loan application processes to seamless and hassle-free claim-settlements, from no cost EMIs to 4 hours product delivery, we work towards fulfilling all your personal and financial needs. What’s more! Now enjoy the same benefits in just one click with our Finserv MARKETS App.