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Why Should I Take a Personal Loan from Bajaj Finserv?

By Bajaj Markets - Dec 30,2019
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personal loan

Whether it is for your child’s education or for a long-awaited vacation, personal loans can be extremely useful sources of financing. The demand for personal loans has seen great increase in recent years. Since its inception, Finserv MARKETS has consistently worked to provide the average consumer easy access to funding with products like the Bajaj Finserv personal loan. Here are some reasons why you should opt for Bajaj Finserv personal loan to finance your goals.

  1. Instant loan disbursal

Excessive delays in loan disbursal can throw your plans off the schedule and prevent you from achieving your goals. However, with a Bajaj Finserv personal loan, you can skip the waiting lines and enjoy instant loan disbursal within 24 hours. Based on your eligibility, you can even get up to Rs. 25 lakhs credited directly to your bank account.

  1. No collateral requirement

Unlike traditional banking channels and specific loan products, a Bajaj Finserv personal loan is a completely unsecured financial product. This effectively means that you don’t have to offer up any collateral security to the lender to avail the loan. In fact, you’re not even required to produce a guarantor for the loan. These relaxed requirements greatly simplify the process from application to disbursal.

  1. Flexibility in repayment

Very few financial institutions provide as much flexibility as Bajaj Finserv with respect to loan repayment. You get complete freedom to choose the repayment tenure, which ranges from 12 months to 60 months. Additionally, multiple modes of repayment are accepted. You can choose to pay via the Electronic Clearance System, the National Automated Clearing House, a post-dated cheque, a standing instruction.

  1. Low interest rates and charges

Bajaj Finserv personal loan also offers you the benefit of low rates of interest and financial charges. The interest rates start from a mere 12.99% per annum, which is extremely competitive and much lower than what you may be charged when you use a credit card. You’ll also find that the processing fee of 3.99% and the annual maintenance charges of 0.25% are affordable.

  1. Quick online application process

Applying for a Bajaj Finserv personal loan on Finserv MARKETS is exceptionally convenient and hassle-free. Thanks to the quick online application process on Finserv MARKETS, you won’t even have to leave the comfort of your home. A few minutes of your time and a computer with an internet connection are all that it takes to complete the personal loan application process.

  1. Minimal paperwork

To obtain a Bajaj Finserv personal loan, you don’t have to deal with endless reams of paperwork and confusing terms and conditions. Every step of the entire loan application and approval process is done online. Even the documentation that you’re required to submit can be scanned and uploaded digitally, so you can skip tedious paperwork altogether.

  1. Tailor-made loans

Finserv MARKETS also goes the extra mile to ensure that the terms and conditions of the personal loan disbursed to you meets your requirements exactly. With personal loans that are completely custom-made and tailored specifically to your financial needs, you’ll find the repayment terms like interest and tenure extremely comfortable.

  1. Transparent process

Transparency in the loan process is another concrete reason for choosing the Bajaj Finserv personal loan on Finserv MARKETS. All of the loan’s details, such as the tenure and the various applicable charges, are clearly and unambiguously laid out for your advantage. In addition to that, you can also easily track the entire process online right from the time you apply.

personal loan

Source: bajajfinserv.in

What’s more, you can now also avail a Hybrid Flexi personal loan on Finserv MARKETS.

What is the Hybrid Flexi personal loan?

One of Bajaj Finserv’s flagship loan products, the Hybrid Flexi loan offers consumers a way to satisfy their critical funding requirements without having to worry too much about stringent repayment terms. This personal loan product comes with a unique ‘interest-only EMI’ option that requires you to only pay the interest portion of the EMI during the initial phase of the repayment tenure. This feature reduces the burden of your repayment liability significantly.

Interestingly, the interest-only EMI option isn’t the only benefit offered by a Hybrid Flexi personal loan. It also comes with the following advantages.

  • Flexi-Repayment options
  • Ability to make part-payments
  • Unlimited withdrawals
  • No hidden or additional charges
  • No frequent form filling


With so many advantages for the borrower, choosing a personal loan on Finserv MARKETS can give you access to a customer-centric product that can help you bridge any financial gaps you may be facing. So, if you’re looking for a personal loan to fund your short-term goals like taking a vacation, consolidating a debt, or even paying up any emergency medical bills, head to Finserv MARKETS and apply for a loan today.

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.


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Bajaj Finserv Direct Limited ("BFDL") is primarily engaged in distribution of financial products and services through its digital platform (“Bajaj Finserv MARKETS”) and inter alia renders services of customer acquisition, providing preliminary credit support activities, fulfilment services and post-acquisition customer services to Banks, NBFCs, HFCs. BFDL is also a registered Corporate Agent (Composite) under valid IRDAI registration number: CA0551 valid till 10-Apr-2024 for solicitation and servicing of Insurance Products. Registered Office: Bajaj Auto Limited Complex, Mumbai – Pune Road, Akurdi, Pune – 411 035 CIN: U65923PN2014PLC150522