Small Personal Loans Without Document Verification

Small Personal Loans Without Document Verification is it Possible?

✓Loans up to Rs. 25 Lakhs ✓Approval in 3 Minutes ✓Flexible Repayment | Apply for Personal Loan Now!

18 Jun 2020

There are various situations in which individuals might find themselves in the midst of a financial shortcoming. Some of them can be expected such as being unable to meet the budget for a big purchase, while others can be unexpected such as a sudden medical emergency. In the attempt to meet this shortcoming, you might find that your finances are tied up in investments. You might also not wish to disturb the accumulation of your savings.

An ideal financial solution for such situations are quick, small personal loans. Whatever be the case, a well-timed personal loan can help bridge these financial gaps and ensure your needs are met without delay.

Personal Loan without Documents

For decades, personal loan applications have largely been a cumbersome process. However, in the age of quick and convenient services, loan application should be no different. Which is why it might seem ideal to look for a personal loan without documents as it would circumvent the entire verification process that makes availing loans a tedious task.

However, like all financial products, personal loans require validation to ensure trust between the two parties ie. lender and the borrower. Hence, there can be no personal loans without documents and a verification process.

Having said that, the personal loan application process can still be a painless experience for a borrower with loans such as the Bajaj Finserv personal loan, available on Finserv MARKETS. With this personal loan, you can avail loan amounts as high as Rs. 25 Lakhs with an easy, quick and convenient loan application and verification process.

Why Bajaj Finserv Personal Loan?

Apart from the high loan amounts, the Bajaj Finserv personal loan on Finserv MARKETS is accompanied with a wide variety of advantages for the borrower. Here are the many benefits you can experience by availing the Bajaj Finserv personal loan:

  • Minimal Documentation:

Firstly and most importantly, the Bajaj Finserv personal loan helps you avoid the endless hassles of paperwork with its online and transparent loan application process on Finserv MARKETS.  While there are no personal loans without documents, this loan application process only requires minimal, basic documentation from your end.

  • Swift Approval:

Unlike traditional personal loan applications, you do not have to wait around for your Bajaj Finserv personal loan application to go through. Once your basic documentation is verified, your personal loan can get approved in just 3 minutes.

  • Quick Disbursal:

The Bajaj Finserv personal loan also helps remove any financial roadblocks from your plans by disbursing your desired loan amount in no time. Once approved, the loan amount can reflect in your bank account in just 24 hours.

  • No Collateral:

The Bajaj Finserv personal loan is an unsecured loan, which means that you are not required to place your assets or possessions as collateral to avail it. 

  • Flexible Repayment:

With this personal loan, you can benefit from the flexibility to repay the loan as per your convenience. The Bajaj Finserv personal loan offers flexibility in choice of tenures that can range from 12 to 60 months, based on your requirements.

Documentation Required for Personal Loan

The Bajaj Finserv personal loan is one of the most convenient and accessible loans of choice for individuals across the country owing to its minimal documentation verification process. Here are the basic documents you are required to submit:

  • Proof of identity, such as passport, Aadhaar card etc.
  • PAN Card
  • Bank statement for last 3 months

How to Apply for Personal Loan

To avail the quick personal loan you need to meet your requirements, all that remains is for you to apply for the Bajaj Finserv personal loan with a few simple steps. Here are the steps needed to complete the loan application process:

  • Step 1 :

Go to the Finserv MARKETS website and select the ‘Personal Loan’ option under the ‘Loans’ tab. Click on ‘Apply Now’ to fill out an online form.

  • Step 2:

Fill out the online form with essential information such as contact details, personal details and the details of your employment. 

  • Step 3:

 Nextfill out the specific details of your personal loan, including your choice of tenure and the desired loan amount.

  • Step 4:

Once these details are verified, your personal loan can be approved in just 3 minutes and the loan amount can reflect in your account in just 24 hours.

While it is impossible to avail personal loans without documents, you can experience a quick, simple and hassle-free loan application process by availing the Bajaj Finserv personal loan. This personal loan is available on the Finserv MARKETS platform, an online financial products and services marketplace trusted by more than 100 million customers across the country.

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.