Personal loan is an unsecured loan which means it doesn’t require any collateral, offering instant help in times of need. The loan can be used for travel, renovation, medical emergency, or for meeting wedding expenses. With advancements in technology, the loan application process has become simple and hassle-free. Once your loan application is approved, you can avail an amount up to INR 25 lakhs within one day of approval. With the Bajaj Finserv Personal Loan available on Finserv MARKETS, you can borrow funds as per your needs. You can avail personal loans with flexible tenures of up to 12 to 60 months. You can choose to pay only interest in the form of EMI and repay the principal amount at the end of the loan tenure. This will bring down your personal loan EMI significantly.
To apply for a Bajaj Finance Personal Loan on Finserv MARKETS you need to satisfy these conditions:
Follow the below-mentioned steps to apply for personal loan.
Step 1: Identify the requirement and the loan amount you need; this will help you to apply for the correct amount
Step 2: Fill in your personal, financial, and employment details
Step 3: Choose the loan amount and tenure
Step 4: You need to submit your proof of identity, address proof and a bank account statement of the last 3 months
Step 5: Receive the money in your account within 24 hours
To apply for an online personal loan, you need KYC documents like voter ID card, Aadhaar card, or driving license. In addition, you need to provide your PAN card, bank statement of the last three months.
You can use Bajaj Finserv Personal Loan at Finserv MARKETS to meet all your financial needs. You also get a flexible tenure with ease and convenience at competitive interest rates. For a smooth loan repayment process, you can choose to repay the loan amount in easy EMIs. To calculate the number of monthly instalments you can take the help of a personal loan EMI calculator. All you need to do is enter the desired loan amount, the predetermined rate of interest and the fixed tenure of the loan.
You can also choose personal loan interest rates as per your preference and repay the loan over the flexible tenure. With the hybrid-flexi loan option, you can pay personal loan EMI on the interest and ensure that the principal is repaid in due time.
With the facility to avail a Bajaj Finserv Personal Loan online, you do not need to take the trouble of visiting the branch office to get a loan. It’s a hassle-free process that requires minimal documentation. Just apply for an online personal loan with Finserv MARKETS and get immediate access to funds in your account.
Primarily, you need to gather details before you apply for a personal loan. You can visit the branch office or research on the official website to get information about the loan. The website will have all the details about the features, charges, interest rate on personal loan, benefits, and documentation.
Before you apply for a Bajaj Finance Personal Loan, you need to check if you are eligible or not. You can check the criteria by providing basic information like the city of residence, annual income, and age, among other details. After you have checked the eligibility criteria, you can use the Equated Monthly Installment (EMI) calculator to estimate the amount of EMI payable on the loan. This will help you get an idea about the personal loan EMI. The calculator is easy-to-use. You only need to provide the loan amount and tenure of repayment to get an estimate.
If you meet the eligibility criteria and are satisfied with the EMI and terms of the loan, you can apply for a loan online. You need to visit the Finserv MARKETS website and provide your details. Consider personal loan interest rates before you make the application. You will then have to submit basic documents, which include an identity proof, address proof, and income proof. You can submit your Aadhaar card, Passport, Voter ID, and driving license as identity proof and address proof. As an income proof, you need to provide your salary slip of the last three months and bank statement of your salary account.
After you have entered all the details correctly, submit your ‘online personal loan application’. The lender will verify your documents and once the loan is approved, the amount will be transferred to your account immediately.
You can use the funds in the manner you desire. It is because of the quick processing and immediate approval that instant personal loan has become the first choice of borrowing for many.