Avail Instant Personal Loans ✓ Loan up to 50 Lakhs ✓ Quick Disbursal ✓ Minimum Documentation! Apply Now

Today, it is very easy to avail cash loans as the availability of cash with lenders has increased. As a matter of fact, these instant cash loans are usually unsecured loans that do not require any collateral to be provided by the borrower. You can borrow an amount starting from INR 10,000 up to INR 2 lakhs. These are usually all-purpose loans. In other words, you can avail these loans for almost any financial emergencies, capital requirement for business or any other personal need.

Your personal loan eligibility of repaying the amount and your credit score is taken into consideration at the time of approving your loan application. Apart from this, there are certain things that have an impact on your eligibility.

What Impacts Your Personal Loan Eligibility?

For availing a personal loan, you need to be a salaried employee of a registered company. You should fall in the age bracket of 23 years to 58 years. This is important, especially if you are applying for instant personal loans online. Your chances of availing a personal loan are high if you are working for a reputed and well-established firm.

Wondering how your company’s status can impact your personal loan eligibility? Here’s how.

Some lenders in the market usually offer instant loans easily if you are an employee of a reputed company. Most lenders assess the loan application based on the applicant’s employer. Moreover, most banking institutes have categorized companies based on whether they are listed or non-listed. This is further differentiated into:


  • Super A

  • Category A

  • Category B

  • Category C

  • Category D

  • Silver

  • Gold

  • Platinum

  • Diamond and so on.

A variety of deals are offered to government employees and top-rated private and public companies that seek personal loans.

Personal Loan Eligibility Check

Before applying for a personal loan, whether or not you work for a reputed company, you will have to determine your eligibility. A personal loan eligibility calculator is used for the same. Here’s how you can check the personal loan eligibility:


  • On your chosen lender’s website, open the loan eligibility calculator (most lenders have it on their website).

  • Select your residential city, date of birth, monthly income and monthly expenses.

  • Once these fields are filled, the tool will show an amount that you are eligible for.

  • You can apply for the same amount and get your loan application approved online within minutes.

Personal Loan Eligibility Criteria for Bajaj Finserv Personal Loan on Bajaj Markets

Qualifying for a personal loan from Bajaj Markets is very easy. All you have to do is meet the Bajaj Personal Loan eligibility criteria and submit certain documents.


  • You should be between the age of 23 years and 55 years.

  • You need to be an Indian Resident.

  • You should be working for an MNC, private or a public limited company.

  • KYC documents.

  • Your employee ID card.

  • Salary slips of the last 2 months.

  • Previous 3 months of salaried bank account statement.

Along with these things, your lender will also look at your CIBIL score and repayment history before they approve your loan application.

The Bottom Line

Just because you do not work for a reputed company, it does not mean that you are not eligible to apply for a personal loan.

Availing Bajaj Finserv Personal Loan on Bajaj Markets has many benefits. You can benefit from its features like low EMI, minimal documentation, quick disbursement and many more. The loan application is approved in under 3 minutes and the loan amount is credited in your bank accounts within 24 hours.

Are you looking for a personal loan? Apply for Bajaj Finserv Personal Loan on Bajaj Markets, today!

Bajaj Markets, from the house of Bajaj Finserv is an exclusive online supermarket for all your personal and financial needs. Loans, Insurance, Investment and exclusive EMI store, all under one roof- anytime, anywhere!

Download App
Credit Score