It is possible to consolidate your current outstanding loans into one and manage the installments with ease. You can get a personal loan for the purpose of debt consolidation and put an end to worries of remembering to pay different Equated Monthly Installments (EMIs), as well as, different payment dates.
With debt consolidation, you can combine more than one debt into a new Bajaj Finserv Personal Loan with a favourable interest rate and repayment tenure. The amount received from your new online personal loan is used to pay off the outstanding debts. A debt consolidation loan is a big loan that you take to pay small debts. Through this loan, you can manage to save on the expenses related to the interest and the cost of finance.
To apply for a personal loan, you simply need to fill in the loan application by following below steps:
Step 1: You need to start filling your personal, financial, and employment details on the application form.
Step 2: Select the loan amount and tenor to access instant online approval.
Step 3: Submit all the documents required for a personal loan.
Debt consolidation is a smart move for those who are dealing with multiple loans and EMIs. It will relieve stress and make it easier for you to handle payments. When you apply for an instant personal loan for the debt, you only need to handle one loan, pay one EMI, and remember one date. Before applying for a loan you need to check whether you are eligible for a personal loan. You can take the help of a Personal Loan Eligibility Calculator to check and calculate your personal loan eligibility criteria.