Do you need a ₹2000 loan urgently? A personal loan of ₹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.
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 Rate Range
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.
at % interest rate for months
The eligibility criteria often tends to vary between various providers. However, in order to get a personal loan of ₹1000 online, here are some basic eligibility criteria that you’ll have to meet.
Nationality: Many, if not most loan providers would require that their applicants are Indian citizens.
Employment: This is another crucial factor that impacts your loan application, loan providers generally offer personal loans to salaried employees working in private or public organisations. An important point to remember is that personal loans are predominantly offered to salaried applicants.
Age: Broadly speaking, loan applicants are required to be 21 years of age or above.
Income Levels: Typically, you would need to be earning a minimum net monthly income of ₹15,000 to be eligible for personal loans.
Work Experience: You would need to have had at least two to three years of work experience in order to qualify for a personal loan.
Credit Score: Loan providers would expect you to have a minimum credit score of 700 to get a personal loan.
NTC Score: The NTC score is taken into account when the loan applicant is new to credit. In this case, you would be able to get a personal loan with an NTC score of over 150.
Also Check Other Instant Personal Loan Options
|5 Lakh Personal Loan|
|7 Lakh Personal Loan|
|10 Lakh Personal Loan|
|20 Lakh Personal Loan|
|30 Lakh Personal Loan|
Here are some documents that you might need when you’re trying to get a personal loan from a Bajaj Markets partner.
Identity Proof: You can submit any of the following documents as a proof of identity - PAN Card, Voter’s ID, Aadhaar card, passport and driving licence.
Residential Proof: You may submit any of these documents as a proof of residence - Voter’s ID, passport, Aadhaar card, electricity bill, driving licence, telephone bill
Income Proof: You can submit your bank statement or salary slip for the last 3 months as a proof of income.
Photographs: Additionally, 2 passport size photographs will also be required to process your application.
You can apply for a personal loan of ₹1000 on Bajaj Markets by simply following these steps:
Step 1: Start by visiting the ‘Personal Loans’ page from the Bajaj Markets website’s homepage.
Step 2: Click on ‘Apply Now.’ This will take you to a form which you need to fill out.
Step 3: You will have to fill in some basic details such as income, age, type of employment, etc.
Step 4: You will be presented with a number of personal loan options. You can compare these options to find one that suits you best.
Generally, smaller loans are processed much faster than big-ticket loans. Moreover, these loans are also disbursed rather quickly.
The monthly payment on your loan amount generally varies depending on your loan provider, interest rate and other factors.
Applying for a personal loan of ₹2000 is simple and takes very little time. You just need to submit a few documents to get started on your personal loan application.
Generally, all personal loan providers expect a minimum credit score of 600 or if you’re new a credit, an NTC score of 150 and above will be considered as well.
Getting a personal loan of ₹2000 on Bajaj Markets is very easy and requires only a few documents for identity proof, address proof and income proof.