Instant Personal Loan

What is Instant Personal Loan

Features of Instant Personal Loan

• Quick disbursal

If you are already an existing customer with your lender, and if your credit reports are good, you can get the loan disbursed in just 24 hours.

• Minimum documentation

A Pre- approved personal loan comes with an easy and hassle-free process, which requires little or no documentation.

• Least possible processing time

Instant personal loans are made available to you in the least possible processing time.

• No security/ collateral

For an instant personal loan, no security/ collateral is required to be submitted by you in the application process.

• Flexible repayment

Instant personal loan customers, enjoy flexibility in loan repayment which allows you to choose the amount and tenure of the repayment. This makes the entire process very convenient and personalized.

• Eligibility for Instant Personal Loan

An Instant personal loan or a pre-approved personal loan is generally given to customers who have a favorable credit score, and have repaid their dues on time in the past. It can also be given to customers who have no credit history where parameters like income and savings history are considered at the time of application.

• Instant Personal Loan Amount and Tenure

As has been elaborated before, the flexible loan repayment scheme offers customers the chance to choose their own tenure and amount of repayment. The maximum amount granted for an instant personal loan is usually Rs. 25 Lakhs, considering your credit history and loan repayment cycle. To repay the loan, you can choose from a flexible tenure ranging from 12 to 60 months which will make the loan repayment process extremely easy for you.

How to Apply for Instant Personal Loan

Step 1: Visit the official site of the lender

Step 2: Fill up the details of the application, like name, mobile number, credit report, etc.

Step 3: Check whether you are eligible for the instant personal loan online facility.

Step 4: Choose the personal loan tenure and amount that you think is perfect for you.

Step 5: Verify your identity through a secured online process.

Step 6: The money will be credited in your bank account in a matter of minutes.

Documents Required for Quick Personal Loan

• The documents required for instant personal Loan are as follows:

• Identity Proof: Aadhaar Card/PAN Card/Voter ID

• Address proof: Aadhaar Card/Passport/Driving License.

• Bank Statement - Last 3 months.

Eligibility for Urgent Personal Loan

Once you meet the following eligibility criteria, you can avail a personal loan within a day and fulfil all your dreams.

• You must be a citizen of India.

• You must be a salaried employee.

• You should be in the age range of 21 -65 to avail an instant personal loan.

Calculate personal loan eligibility with personal loan eligibility calculator.

Instant Personal Loan Interest rates and fees

Avail a personal loan with enjoy complete transparency. There are no hidden charges at all. We offer personal loans with low fees, competitive interest rates and nominal charges. You can know more about the interest rate and charges for personal loan.

Why Choose Finserv MARKETS

Applying for a personal loan online on Finserv MARKETS has many distinct advantages. Those include instant approval, minimal documentation, 24-hour disbursal, flexible tenure schemes, and several flattering offers for pre-approved loans that could be availed by a Bajaj customer. There are also no hidden charges levied on you; all the charges payable is informed to you by us while you are signing the loan agreement. There is also an option to reduce your instalments by up to 45 % with interest-only EMIs. Considering all these facilities, Finserv MARKETS is the best possible option for you if you are applying for an instant personal loan in India.