₹2000 Personal Loan

Do you Need ₹2000 Loan urgently? A personal loan of Rs 2000 can help. Personal loan is a simple and effective way to tackle any unexpected expenses that may arise. Whether it’s a medical emergency or an unexpected big-ticket purchase, a personal loan can help you manage these expenses with ease. Additionally, a personal loan of ₹2000 requires very minimal documentation and is often disbursed rather quickly. 

Purpose of a ₹2000 Personal Loan

There are a number of reasons for which you might require a personal loan of ₹2000. Here are some of the most common reasons for which people generally take a ₹2000 personal loan. 

• Medical Emergencies: One of the most common reasons for which people take up a personal loan of ₹2000 is a medical emergency. We don’t often plan for a medical emergency, so situations like these can catch us off guard. Taking a loan of ₹2000 can help you cover medicine costs, doctor appointment expenses, tests and diagnostic expenses. 

• Travel Expenses: Lack of funds can put a damper on your travel plans, getting a personal loan of ₹2000 can help fund your plans worry-free. With this personal loan, you can now fund your flight or train tickets, food and restaurant expenses, hotel and other stay-related expenses. 

• Unexpected Expenses: We often run into unexpected bills and payments that can accrue if they’re not tended to, we can’t foresee these expenses and hence, can’t often budget for them.  Taking a personal loan can help you manage expenses such as fines, credit card dues, electricity bills, gas bills, etc. 

Interest Rates for ₹2000 Personal Loan

Disclaimer: Kindly note that these interest rates are subject to change at the discretion of the respective providers. Ultimately, your interest rates would depend on the  income levels, age, CIBIL score, etc.

Eligibility Criteria for ₹2000 Personal Loan

The eligibility criteria for getting a personal loan of ₹2000  generally varies from one provider to another. However, here are some basic eligibility criteria that you will have to meet in order to get a personal loan of ₹2000.

• Nationality: You would have to be an Indian citizen to be eligible to get a personal loan of ₹2000.  

• Employment: Personal loan providers require that you are engaged in some kind of profession or business in order to be eligible for a personal loan of ₹2000.  This can include self-employment or salaried employment in private or public organisations. 

• Income Levels:  As a general rule, you would need to be earning a minimum net monthly income of ₹15,000 to be eligible for personal loans. 

• Credit Score: Most loan providers consider a minimum credit score of 600 to get a personal loan. 

• Age: Most loan providers require you to be 21 years of age or above. 

• Work Experience: Another important criteria is employment period. Generally, you would need to have been employed for at least 2 to 3 years in order to be eligible for a personal loan of ₹2000. 

Documents Required for ₹2000 Personal Loan

There are some proofs that you would need to submit when you apply for a personal loan of ₹2000, this will generally vary from one loan provider to another. Here are some documents that will be accepted by Bajaj Markets partner. 

• Identity Proof: You may submit any of these documents as a proof of identity - PAN Card, Aadhaar card, Voter’s ID, passport and driving licence. 

• Residential Proof: You may submit any of these documents as an address proof - Voter’s ID, Aadhaar card, passport, driving licence, electricity bill, telephone bill.

• Income Proof: You can submit your bank statement or salary slip for the last 3 months as an income proof. 

• Photographs: 2 passport size photographs will also be required to process your application. 

How to Apply for a Personal Loan of ₹2000?

Applying for a personal loan on Bajaj Markets is simple and straightforward, you may apply for a personal loan of ₹2000 on Bajaj Markets by following these simple steps: 

• Step 1: Begin by visiting the ‘Personal Loans’ page on the Bajaj Markets website’s homepage. 

• Step 2: Click on ‘Apply Now.’ Now you will be taken to a form which you will need to fill out. 

• Step 3: You will have to fill in some basic details such as  age, income, type of employment, etc. 

• Step 4: After this, you will  be presented with a number of personal loan options. You can compare and contrast these options to find a personal loan option and provider that suits you best. 

Typically, smaller personal loans are processed much faster than big-ticket loans. What’s more, your loan amount will also be disbursed pretty quickly.