Personal loans have picked pace in today’s day and age as a solution to cash crunches. Instant personal loans can help you pay for umpteen number of situations.
Digitalisation has made it hassle-free to avail an instant paperless loan online. Such paperless loans are usually approved within minutes once applied. What’s more? You can apply from the comfort of your very own home by simply visiting the preferred lender’s website.
There are many instances where an instant paperless loan can come in handy:
As financial support during a cash crunch
During medical emergencies that require substantial cash
To meet unplanned wedding expenses
To make sudden renovations to your house
To apply for an instant, paperless personal loan online, simply follow these steps:
Step 1: Visit https://www.bajajfinservmarkets.in/.
Step 2: Check your eligibility criteria through the given criteria list on the page.
Step 3: Fill in the online application form and enter all the necessary details.
Step 4: Select the loan amount and repayment tenure as per your financial needs.
Step 5: Upon verification of all your given details, your loan should be approved in 2 minutes. Post that, the money will be credited to your account.
You must be a salaried individual
You must be an Indian citizen
You must be between 23-58 years of age
You should ideally possess a healthy credit history and an above-average credit score that ranges above 700.
While applying for an instant personal loan, you can check your eligibility with the personal loan eligibility calculator on Finserv MARKETS. All you need to do is simply fill in your net income and the EMI you can afford to pay. Voila! You will have all the information you need. To fast-forward your paperless instant loan application process, make sure you have soft copies of the documents handy with you.
An instant personal loan can be availed easily with minimum documentation. You simply need:
Proof of Identity: Your identity proof includes Aadhaar card, PAN card, driving licence, Voter ID, or any other official identification document with your photo and name appended to it.
Proof of Residence: Your utility bills, passport, ration card, and voter ID serves as your residence proof for paperless loan approval.
Employment Proof: Your employment identity card serves as your employment proof.
Financial Documents: You also need to submit your bank statements, Form 16, and your salary slip for the last 2 months.
Minimal Documentation: An easy and hassle-free instant personal loan requires little documentation.
No Collateral Required: On Finserv MARKETS, you do not have to pledge any security or collateral to avail an instant personal loan.
Flexible Repayment Tenure: Instant personal loans on Finserv MARKETS give you the flexibility of repaying the loan as per your financial capabilities. You can choose a repayment tenure ranging from 12 to 60 months.
High Loan Amount: You can avail high loan amounts of up to ₹25 lakh through Finserv MARKETS to cover your financial needs.
Exclusive Deals: On Finserv MARKETS, your needs are given utmost importance. The personal loans on Finserv MARKETS are customised to meet these unique needs and goals.
Easy Online Access: Since the process is completely paperless, you can view your loan account online, check your outstanding loan amount, and even make part-payments.
Before you apply for a personal loan, make sure that you check and compare the personal loan interest rates. Also, check for any hidden costs or charges involved. On Finserv MARKETS, transparency is of utmost importance and all fees and charges are levied upfront.
Now that you know the end-to-end process of availing a personal loan, you can apply for an instant paperless personal loan on Finserv MARKETS today!