Personal Loan In Patna

Personal Loan in Patna

Patna is one of the oldest places in India. It has experienced several generations of the population moving to the city for survival and more. As many individuals and families move there for survival, many opt for a Personal Loan to support their needs. With over 23 Lakh people living in Patna, the competition for availing of a Personal Loan becomes more. In addition, the entire process of availing of a Personal Loan can be complicated. But, with Bajaj Markets, you can avail of a loan instantly without any hassle.

Eligibility Criteria for Personal Loan in Patna

For you to be eligible for a Personal Loan in Patna, you will have to meet these essential criteria. Personal Loan eligibility is crucial as it can help during your loan disbursal process and ensure that it is hassle-free.

 

• Age -The minimum age bar is 25 whereas the maximum age bar is 58 years of age.

• Salary - The minimum salary that you should be earning must be between Rs. 25,000 - Rs. 35,000.

• Citizenship -You should be a citizen of India.

• Profession - You must be a salaried employee in a company.

• Credit Score - Your CIBIL score or credit score must be good and your repayment history must be clean.

Documents Required

Every Personal Loan application process requires you to submit a set of documents to the lending bank or financial institution. So, here is a list of documents you need to submit. Ensure to keep them handy so that you can accelerate the disbursal process of your Personal Loan.

 

• Address Proof such as Utility bills, Voter ID, Driver’s License, etc.

• Identity Proof such as PAN Card, Driver’s License, Aadhar Card, etc.

• Salary slip from the previous 3 months

• Bank statements from the previous 3 months

• KYC Documents

• Employee ID Card

How to Apply?

To apply for a Personal Loan, several paperwork and formalities are typically followed. However, the entire application process has been made simple at Bajaj Markets. You can now avail of a Personal Loan online through these easy steps.

• Step 1: Enter your basic details that include details such as your name and date of birth.

• Step 2:After filling in your basic details, fill in your PAN Card accurately as it is very important to verify your salary credibility.

• Step 3: Once your personal loan eligibility is confirmed, you can choose the repayment tenure and loan amount of your choice.

• Step 4: Fill in additional details related to income, nominee and and once your application is submitted and verified, your loan amount will be transferred to your bank account.

Features and Benefits

Availing a Personal Loan online at Bajaj Markets has multiple advantages. Here is a list of benefits that can help you decide.

1. Quick Approval

As soon as you apply for a Personal Loan and enter your basic details, the approval process also begins. So, as your approval process takes place fast, your disbursal process is ensured to be completed within 24 hours.

2. Flexible tenure

You can take up to a period of 60 months to pay back the loan amount depending on how well capacitated you are from a financial standpoint.

3. Minimal documentation

Several Personal Loans require an extensive list of documents required for personal loan during the application process. However, Bajaj Finserv requires minimal documentation for the application process. So, you just need to submit a few documents to get your loan disbursed.

4. Transparency

One of the main concerns for people is the hidden charges that come along with the loan. Bajaj Finance Personal Loan has no hidden charges.

To Summarize

A Personal Loan is availed for a plethora of reasons. While the process is usually strenuous, it has been made easier and simpler by Bajaj Markets. You can now get a Personal Loan online through an easy application process at Bajaj Markets. So, ensure to keep your documentation ready and get your Personal Loan in no time.