Bajaj Finserv Personal Loans: A Personal Loan For All Your Special Need

Bajaj Personal Loans: A Personal Loan For All Your Special Need

Bajaj Personal Loan | Quick Disbursal | Contactless Processing

✓Minimal Documentation ✓Collateral Free Loans ✓Instant Loan Disbursal | Apply for Personal Loan Now!

26 Nov 2020

Personal loans are one of the most ideal forms of lending. Being an unsecured loan, one does not require to provide any collateral to avail it. A personal loan helps in financing a variety of financial requirements. The loan funds can be utilised for all kinds of requirements, as long as you’ve borrowed it for a responsible and legal reason. A personal loan can be used to finance your trip abroad, wedding expenses, debt consolidatio or even medical emergencies. This makes personal loan an ideal option for all your financial needs. A personal loan provides all the benefits one expects from a personal loan. The rate of interest starts from as low as 9.85% per annum, and the rate of interest depends on factors like repayment history, income, etc. Though the processing fee may vary from lender to lender, it usually ranges between 0.5% and 2.50% of the loan amount. You can avail a Bajaj Finance Personal loan of up to Rs. 25 Lakhs.

Features & Benefits

●  Get a High Loan Amount

With a personal loan online, you can easily apply for a high loan amount. Make sure you are eligible for the loan to avoid rejection in the later stages on your loan application. There are no restrictions on the usage of funds; you can use the funds to finance all kinds of financial requirements.

●  Attractive Interest Rates

Numerous banks and lending institutions offer personal loans at a reasonable rate of interest. So, you do not have to pay high-interest rates on loan. When choosing the lender, make sure to compare the rates and options offered in the market and opt for the one that works for you.

● Complete Transparency on Loan

While trying to get funds in a financial emergency, you may tend to overlook the loan agreement. Most banks often have hidden charges on the loan offered. These hidden charges can increase the cost of your loan. When you sign up for a Bajaj Finance personal loan  you get 100% transparency and no hidden costs applicable on the loan amount.

● Quick Loan Processing

In an emergency situation, where you might require immediate funds and have no time for loan formalities, you can avail a Bajaj personal loan. The convenient online process and minimal paperwork for loan will help with faster loan processing and instant approval of personal loans.

●  Easy Loan Repayments

Easy repayments make things simpler for anyone availing a loan. With Bajaj Finserv personal loans, you can choose the repayment tenure ranging from 12 months to 60 months. To manage your repayments better, you can take the help of a Personal Loan EMI calculator to plan your EMI repayments. The loan EMI calculator will provide you with an estimated amount that is to be paid every month, ultimately managing finances easy for you.

Also read on what conditions you can avail tax benefit on personal loan only at Finserv MARKETS.

Eligibility Criteria For the Loan

The following are the essential loan criteria for Bajaj Finserv Personal Loan.

● Age of the applicant must be aged between 25 to 55 years.

● Applicants of Indian nationality only are eligible for a loan.

● The applicant must be employed at an MNC, public or private company.

Documents Required

The documents required to get a personal loan from Bajaj personal loan are as follows-

● KYC documents such as PAN, Aadhaar Card, Driving license, Voter’s ID, Passport

● Bank Statements for the last three months

● Salary slip of the previous two months

Personal Loan EMI Calculator

With the help of an EMI calculator, you will be able to see the difference in the rate of interest offered by numerous lenders. The calculator also show you the EMI outflow to assist you in choosing a convenient and affordable option. To make use of the personal loan EMI calculator, you need to fill in the required details such as the loan amount required, loan tenure, the rate of interest. The EMI calculator will provide the value, with the exact and accurate calculations. With the EMI calculator, you can calculate the total interest charged on your EMIs and the total payable amount; these will help you determine whether the loan is suitable as per your requirements.

Before you plan on applying for a loan you need to look up your loan lending options and find a trustworthy bank or lending institution. Through online platforms like Finserv MARKETS you can avail a collateral-free personal loan without a guarantor. Also, ensure that you fit in the eligibility criteria for faster loan approval. The online loan application process for a personal loan is hassle-free and requires minimal documentation. You can enjoy a higher loan amount anywhere between Rs. 25 Lakhs to Rs. 40 Lakhs. You get access to personalized pre-approved offers and instant approvals on  Bajaj Finserv personal loan. The loan repayment is quite flexible for Bajaj Finserv personal loan, with repayment tenure of up to 5 years. With the Finserv MARKETS app, you can get access to the personal loan EMI calculator and calculate your monthly instalments that are to be repaid. Whether you want to finance your travel, wedding expenses or renovate your home, a personal loan will help you finance all the costs with ease.

“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 works 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.”