Jamnagar, one of the major cities in Gujarat is located on the western coast of India. Jamnagar is also known as “world’s oil city” because it is home to the world’s biggest oil refineries, belonging to Reliance Industries and Nayara Energy. As a result of this, Jamnagar contributes significantly to the economy of Gujarat. A large portion of Jamnagar's population belongs to the middle-class section. Therefore, to finance their heavy expenses, residents of Jamnagar avail personal loans. Availing a personal loan in Jamnagar is effortless; the online process for a personal loan is easy along with quick approval of loan. The loan amount gets credited in your bank account within 24 hours of approval. Let’s have a look at how you can apply for a personal loan in Jamnagar.
Firstly, you should compare various financial institutions offering personal loans in Jamnagar. Settle for the one that offers the most competitive personal loan interest rate and other favourable loan terms.
You can consider opting for a Bajaj Finserv Personal Loan available at Finserv MARKETS. The interest rate is attractive and the loan comes with various other features such as flexible repayment tenure, less processing charges, prepayment facility, etc.
The steps to apply for a Bajaj Finserv Personal Loan at Finserv MARKETS are mentioned below:
Step 1: Visit the Finserv MARKETS official website, Fill in your personal, financial, and employment details
Step 2: Choose the loan amount you require along with the loan tenure
Step 3: You need to submit your proof of identity, address proof and a bank account statement of the last 3 months.
Step 4: Once approved you will receive the money in your account within 24 hours
Now that you have a fair understanding of the personal loan application process, let us have a look at the eligibility criteria and the documents you would require to avail a personal loan at Finserv MARKETS.
The applicant must be an Indian citizen
The applicant must be between 25 and 58 years of age
The applicant must be employed with a private or public company or a Multinational Company (MNC) i.e., the applicant should be a salaried employee.
Make sure that you check your personal loan eligibility beforehand by using an online personal loan eligibility calculator. This will reduce the chances of rejection of your loan application.
KYC documents such as Aadhar card, voter ID card and driving license
Last 3 months’ bank account statements
Make sure that you keep all the documents readily available with you before applying for a personal loan. This will help you avoid any inconvenience in the later stages. Let us have a look at some of the benefits of availing a Bajaj Finserv Personal Loan at Finserv MARKETS.
Right from the loan application to the disbursal of the amount, the entire process is online and hence, it saves a lot of time. You can also download the Finserv MARKETS app on your phone and apply for a personal loan with ease.
The processing charges are less and you also get the option to prepay your loan amount. This can help you close the personal loan quickly, thereby allowing you to save a large amount towards the overall interest outgo.
You can avail a loan amount of up to Rs. 25 Lakhs at highly competitive interest rates. You can utilize the loan amount for various purposes such as managing medical expenses, home renovation, debt consolidation, purchasing a vehicle, etc. Make sure that you have a high credit score before applying for a personal loan at Finserv MARKETS. This will not only increase your loan eligibility but also help you avail a high loan amount at a reasonable interest rate.
You can improve your credit score by clearing outstanding dues, minimizing your credit utilization ratio, having the right credit mix, etc. It is also advisable to keep a track of your credit score. You can check your credit score for free at Finserv MARKETS. Let us have a look at how you can check your credit score at Finserv MARKETS:
Step 1: Visit the official Finserv MARKETS website, click on “check CIBIL score”, and fill in the required details.
Step 2: You will then receive an OTP on your registered email ID and mobile number. You must verify your identity by confirming the OTP.
Step 3: Once you verify your identity, you will be able to fetch your detailed financial health report consisting of your CIBIL score.
Now that you are well-versed with various aspects of personal loan in Jamnagar, ensure to make the most of it to fulfil your financial needs if you are a resident of Jamnagar. Minimal documentation, instant loan approval and disbursal are the key features of Bajaj Finserv Personal Loan available at Finserv MARKETS.