Apply for Personal Loan Online Starting at 9.99% p.a.

Here are some essential details about the personal loans available on Bajaj Markets that you should know about:

*Disclaimer: The mentioned details are subject to change at the lender’s discretion.

Here is a list of some criteria you should check prior to applying for a personal loan online:

1. Indian citizenship
   

2. Salaried or self-employed individual
   

3. Age above 18 years
   

4. Minimum income of ₹9,000 per month
   

5. Minimum work experience of 6 months
   

6. CIBIL score of 685 or above
   

Alongside checking your personal loan eligibility, it is also essential to keep the required documents handy.

Provided below is a short list of documents you may be asked to submit when applying for a personal loan.

These requirements usually vary from one lender to another. Thus, it is important to reach out to your chosen lender and get the complete list of the eligibility criteria and documents required before applying.

Apply for an online personal loan through website or Bajaj Markets App with the following steps:

1. Click on 'Apply Now'.

2. Choose your profession from the dropdown menu.

3. Enter pin code and your mobile number.

4. Next, provide personal information, such as:

• Name as per PAN card

• PAN

• Email ID

• Gender

• Date of birth

6. Also, input the following details: 

• Employer/company name

• Employer category

• Net monthly salary

• Salary credit mode (Cash or Bank)

7. Click on ‘Submit’.

8. Choose the most suitable option and select your preferred loan tenure.

9. You will then be redirected to the lender’s website to complete the next steps, including KYC, setting up an e-mandate, and finalising loan disbursal.

The different types of personal loans available on Bajaj Markets are as follows:

Personal Term Loan

This is a personal loan with a fixed amount that is repaid over a set period with regular instalments, typically at a fixed interest rate. You can compare offers from over 25 lenders who offer this loan on Bajaj Markets and choose the term loan that best suits your requirements

Flexi Personal Loan

Under a flexi personal loan, you are required to just pay the interest charges during the initial part of the tenure. In the subsequent tenure, your EMIs comprise of the principal and interest components. Its convenient repayment option is specially designed for those facing temporary financial hardship. The loan is offered by Bajaj Finance on Bajaj Markets.

Instant Personal Loan

This option available on Bajaj Markets helps you get the required amount within minutes from lenders like KreditBee, Privo, CASHe, etc. Additionally, the swift online processing of the loan application, made possible with Bajaj Markets, makes it possible for you to get loan approval in record time.

Short-term Personal Loan

This type of personal loan usually comes with a short tenure ranging from 3 to 18 months. It is quite useful to meet urgent requirements and close the debt as soon as possible. Some lenders that offer short-term personal loans on Bajaj Markets include Zype, CASHe, Olyv, etc.

Pre-Approved Personal Loan

A pre-approved personal loan is an offer from a lender based on a detailed review of your credit and financial history. It indicates you meet eligibility criteria and are likely to be approved, providing more certainty about loan terms before you formally apply.