With increasing incomes and the convenience of technology, availing a personal loan today is far easier than it was generations ago. That is why people across the country are vying to take a loan to improve their lifestyles. This has even been proven with the recent report by Home Credit India, stating that more than 67% Indians are willing to avail a loan for their financial goals. It is no surprise then that over 20% of them were specifically open to taking a personal loan to meet their needs.
It is keeping these needs in mind that the Bajaj Finance personal loans available on Finserv MARKETS, offer a variety of incredible options and benefits to its customers. If you too are on the lookout for a personal loan for your financial requirements, the Bajaj Finance personal loan just might be perfect for you.
But of course, as a potential borrower, it is essential for you to know the procedure by which you can apply for the Bajaj Finance personal loan. So, to get you started, here are some important points for you to keep in mind:
What are the eligibility criteria for a Bajaj Finance personal loan?
The first process of the loan application is to be aware of the eligibility criteria set by the lender and assessing whether one meets these criteria. Bajaj Finance personal loans are designed to meet the financial needs of a variety of customers and hence, its eligibility criteria is fairly simple. Here are the three most important points:
- You should be a citizen of India.
- You should be a salaried individual.
- You are age should be between 23 to 58 years.
A simple, straight-forward way to ensure your eligibility for the Bajaj Finance personal loans is to make use of the eligibility calculator on Finserv MARKETS. All you need to do is input your net income per month, and your desired EMI amount to repay the loan amount. Instead of calculating these figures offline, this eligibility calculator can provide you with the results quickly and conveniently.
What documents are required to avail this personal loan?
The next point of interest, of course, is to ensure that you have all the necessary documents required to apply for the Bajaj Finance personal loan. Here is a basic list of the most important documents you must keep handy:
- Proof of Identity – Aadhaar card, passport etc.
- PAN card
- Proof of Residence – Gas bill, electricity bill etc.
- Bank statement for the last 3 months with income details
How do I apply for a Bajaj Finance Personal Loan?
Finally, once you have checked for your eligibility and collected all the necessary documents, it is time to apply for the Bajaj Finance personal loan of your choice. This loan application is guaranteed to be a simple 3-step process.
All you need to do is fill out an online form, specify your personal loan details and then wait for the eventual approval and disbursal of the loan amount. The procedure can also be understood by the details provided in the image below:
So, let us take a look at the various advantages it offers:
As a potential borrower, your financial requirements might be completely different than that of other customers. Therefore, you deserve a personal loan that caters specifically to your needs. That is why the Bajaj Finance personal loans at Finserv MARKETS come in a variety of different types to serve different purposes. These include personal loans for travel, education, weddings and even buying a new vehicle.
With the Bajaj Finance personal loans, you can make your repayments in easy EMIs. You can select the tenure of your choice ranging from 12 months to 5 years and pay the loan at your own convenience. Moreover, the Hybrid Flexi personal loan plan makes your loan repayments even easier. With this plan, you can enjoy interest free EMIs, flexible repayments and pre-payments and unlimited withdrawals from your loan amount.
Apart from the many benefits, you are also guaranteed to have a smooth, secure and a 100% transparents loan application experience. Finserv MARKETS, is a leading online platform on which you can get the most trusted financial products in the market. That is why more than 100 million customers across India have chosen it to meet their financial goals and with the help of the Bajaj Finance personal loan, you can meet yours too.
So, whenever you are in the market looking for the perfect personal loan for you, look no further than the Bajaj Finance personal loan available on Finserv MARKETS. With their simple, quick and convenient application process, you can receive the loan amount of your choice in no time.
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.