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

Unforeseen circumstances always bring about the need for financial assistance. The reason for the sudden need for money could range from a medical emergency to the consolidation of debt. During the requirement of such immediate assistance, you can avail of the Digital Personal Loan at the comfort of your home. No matter what your financial commitments demand of you, you can lessen your burdens by this online Digital Personal Loan that is disbursed immediately.

How to Apply for a Digital Personal Loan?

To apply for a Digital Personal loan, follow the simple steps mentioned below:

Step 1: Visit the official Finserv MARKETS website.

Step 2: Review the listed eligibility criteria.

Step 3: Fill out the online application and include all the requested details.

Step 4: Select the required loan amount and suitable repayment tenure.

Step 5: Once your details are verified, the loan should be approved within a few minutes.

Benefits and Key Features of a Digital Personal Loan

You can avail of this instant Digital Personal Loan for any urgent requirement of funds. The following are the affordable and convenient ways an instant Digital Personal Loan helps you:

1. Smooth Online Process -

You can avail of a digital personal loan through an 100% online process.

2. High Loan Sanction -

Your limit for the instant loan depends on how much you meet the eligibility criteria. You can also utilize the given financial assistance with no restrictions. You can, therefore, use the funds for credit card debts, education, home renovation, weddings, travel, or medical care.

3. No Collateral Loan -

No collateral is required to avail Instant Digital Personal Loan. Hence these loans are affordable and offer convenience. With no involvement of collaterals, there is no need for verification of the paperwork of the assets. This way you can resort to instant loans without any more financial burdens.

4. Nominal Interest Rates -

It is crucial that at times like this you must maintain a good credit score. With a good credit score and history, you are likely to be offered a loan at a nominal interest rate. This will also aid you in keeping the overall expenses of the loan less.

This Digital Personal Loan is offered at clearly stated interest rate and fee structure to ensure easy repayment of the loan. Nevertheless, you must be aware of all the charges and fees that are attached to the online Digital Personal Loan. Some of these charges include penal interest, part prepayment fees, bounce charges for EMIs, processing fees, and security fees.

6. Flexible Repayment -

The tenure of the repayment of the loan is up to a maximum of 60 months. Furthermore, you can also opt to repay interest-only EMIs during the initial period, when you choose the Flexi Loan Facility available on Finserv MARKETS. It also decreases your EMIs by a maximum of 45% thereby making it simpler to manage your financial affairs.

Eligibility Criteria for a Digital Personal Loan

You can fulfill a range of financial commitments by simply meeting the eligibility criteria. The basic eligibility criteria for an online digital personal loan are:

  • Your age must be between 21 to 63 years.

  • You must be working as an employee under an MNC, private, or public company, earning a stable salary.

  • You must be a residing Indian citizen.

  • Your CIBIL score must be above 600.

  • Your minimum monthly income must be Rs. 15,000.

Documents Required

To aim for instant financial assistance for you at all times, the Digital Personal Loan is specifically tailored to a paperless procedure. By eliminating certain factors like collaterals, you are ensured no delay in processing or verification. You only need to upload necessary documents to apply for an Instant Digital Personal Loan. The essential documents that you need to upload online are the following:

  • Your proof of employment like an employee ID.

  • Your salary slips for the last two months.

  • Your KYC documents such as driving license, Voter ID, passport, etc.

  • The bank statements of your salary for the last three months.

Things to Consider Before Availing of a Digital Personal Loan

It is vital that you compare loans offered by different lenders before choosing the one that suits you the most. To compare loans, the factors you need to consider are:

1. Interest Rate -

Interest rates charged on the loan vary depending on the lender and it can impact the loan's cost to a great deal. Therefore, it is crucial that you check and compare interest rates prior to applying for a loan to a lender.

2. Default Penalty -

If you miss your scheduled EMIs, your lender can charge you with a default penalty. Make sure you compare default penalties that are levied by each lender.

3. Loan Amounts -

You must take into consideration the loan amount that you require and then ensure that your lender offers the needed loan amount.

Things to Avoid Before Availing of a Digital Personal Loan

To make it easier and simpler for you to repay the loan amount, you need to rethink several factors. They are:

1. High Loan Amount -

Do not opt for a loan amount higher than you require. It will only be harder on you to repay it to the lender.

2. Low Credit Score -

Having a bad credit history and low credit score will only get you a loan at high interest rates or get your loan applications denied. Therefore, it is important that you maintain your credit score.

3. Disregarding Terms and Conditions -

Before applying for the loan from a particular lender, you need to make sure you read and understand the lender's terms and conditions for the loan.


The online Digital Personal Loan comes with remarkable features like an easy application process, no delays in processing, no collateral, and minimal documentation. You are offered immediate funds so that your urgent situation is instantaneously dealt with. If you're looking for an instant personal loan then you can opt for Personal Loan available on Finserv MARKETS. It comes with hassle-free application, competitive interest rates, and is tailored to suit your needs. 

FAQs on Digital Personal Loan

  • ✔️What is digital lending?

    A fairly new process, digital lending is the method of using online technology to promote the quick renewal and delivery of loans. Finserv MARKETS is an online platform that brings you multiple loan offerings from various lending partners through digital lending.

  • ✔️Which is the best instant personal loan?

    The best instant personal loan for you depends upon your requirement. To avail the most lucrative offer, ensure that you get one with a favourable tenure, low interest rate, and manageable EMIs, at Finserv MARKETS.

Happy Customers of Finserv MARKETS

Getting a loan to take care of my wedding and relieving my parents to enjoy the occasion was the best decision I ever made. Easy-to-apply, amazing interest rate and quick disbursal, what more can one ask for!

I am passionate about the vehicle I drive. I want to protect it with the best available option. What amazed me was the full transparency, quick quotes and the attractive discount on the premium while choosing the annual payment option!

Check your personal loan eligibility in seconds!

My husband and I will finally move into our own house this Diwali. All thanks to Bajaj Finserv, with competitive interest rates, minimal processing fees and easy to repay EMIs, our dream saw the light of reality in no time!

Get the best FD interest rates starting @ 8.40%. Let's start!

Kids grow up fast and to fulfill their dream trip to Disneyland I had everything but instant funds. With no collateral or guarantor required and a hassle-free processing, I gifted my family a memorable trip to Orlando with just a click!

Get sum insured up to 1 Crore! Let's start!

The best way to start looking for health insurance is to do a close study of the coverage needs and checking the insurance company's claim ratio. No unnecessary jargons, easy to apply claims process and choice of premia!

Zero additional charge on part-payment option on Business loans! Let's start!

I bought my first iPhone using my Bajaj Finserv EMI Network Card. Zero downpayment with a No cost EMI on Bajaj Finserv EMI store just made my day!

Get home loan sanctioned online in 72 hours! Let's start!