Apply for an instant personal loan of ₹25,000 on Bajaj Markets
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Getting an instant personal loan of ₹25,000 is now simple and convenient with Bajaj Markets. You can choose from offers by multiple loan providers on the portal to find an option that best suits your needs. Furthermore, you can benefit from a flexible tenure of up to 96 months as well as low interest rates starting from 14% p.a. Your CIBIL score is an important factor in loan approval as well, as a higher score could help you secure better loan terms.
The interest rates charged on loans of ₹25,000 offered by lenders on Bajaj Markets are as follows:
Lenders |
Starting Interest Rates |
CASHe |
2.79% p.m. |
Finnable |
15.95% p.a. |
InCred |
16% p.a. |
Kissht |
14% p.a. |
KreditBee |
14% p.a. |
mPokket |
24% p.a. |
Olyv |
18% p.a. |
PaySense |
15% p.a. |
Zype |
18% p.a. |
*Disclaimer: The mentioned rates are subject to change at the lender’s discretion.
The table below shows how the EMI amount and interest charges of a loan of ₹25,000 change over different tenures. For this example, the interest rate is set at 14% p.a.:
Tenure |
EMI Amount |
Total Interest Payable |
Total Repayment Cost |
3 months |
₹8,528.53 |
₹585.59 |
₹25,585.59 |
6 months |
₹4,338.45 |
₹1,030.7 |
₹26,030.70 |
9 months |
₹2,942.32 |
₹1,480.88 |
₹26,480.88 |
12 months |
₹2,244.68 |
₹1,936.14 |
₹26,936.14 |
15 months |
₹1,826.43 |
₹2,396.45 |
₹27,396.45 |
18 months |
₹1,547.88 |
₹2,861.83 |
₹27,861.83 |
*Note: These are approximate values and are meant only for illustration. For actual EMI values, reach out to your lender.
As the tenure increases, so do the interest charges. Meanwhile, the EMI amount reduces. Ensure to compare the repayment amount across different tenures to find an option that best fits your needs and preferences. Additionally, your CIBIL score plays a significant role in determining the loan terms, including the tenure. Ensure you work on the same.
Some of the common requirements you need to fulfil to be eligible for most personal loans include:
You must be an Indian citizen
You must have a regular source of income
You should be a salaried or self-employed individual
You must fall under the age bracket of 18 to 65 years
You will need to furnish the documents listed below when applying for a personal loan:
Identity Proof
Aadhaar card, voter ID, passport, PAN card, etc.
Address Proof
Utility bills, Aadhaar card, passport, driving licence, rent agreement, voter ID, etc.
Proof of Income
Latest Form 16, Latest salary slips of the last 3 months, or I-T returns certificate
Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.
Frequently Asked Questions
How can I get an instant personal loan of ₹25,000?
You can get an instant personal loan of ₹25,000 on Bajaj Markets. For this, follow the simple steps listed below:
Click on the ‘Check Offer’ option on this page
Provide your personal and professional information
Select the lender you wish to get the loan from
Enter the preferred tenure and loan amount (in this case ₹25,000)
- Submit the application
After this, a representative will reach out to you for further proceedings.
What is the EMI for a loan of ₹25,000?
The EMI may range between ₹8,528.53 and ₹1,547.88 if you opt for a tenure ranging from 3 to 18 months. This is, if the interest rate is set at 14% p.a. You can use the following formula to calculate the EMI for your personal loan of ₹25,000:
EMI = P x R x (1+R)^N/ ((1+R)^N-1), where:
EMI stands for the monthly instalments
P is the amount that you want to borrow
R is the interest rate
N is the repayment period in months
You can also use the personal loan EMI calculator to get precise and instant results.
What is the interest rate levied on a personal loan of ₹25,000?
The interest rate levied on your personal loan of ₹25,000 starts from 14% p.a. The rate of interest varies from one lender to another and is determined based on your loan eligibility.
Can I get a loan of ₹25,000 without collateral?
Yes, personal loans are unsecured loans and are granted without any collateral or security.
Which is the best bank for a personal loan of ₹25,000?
Some popular lenders that you get a personal loan of ₹25,000 from on Bajaj Markets include:
CASHe
Finnable
InCred
Kissht
KreditBee
mPokket
Olyv
PaySense
Zype
What will happen if I default on my personal loan of ₹25,000?
In case you default on your personal loan of ₹25,000, you will have to pay late payment charges and your credit score will take a toll.
Can I get a personal loan of ₹25,000 without any income proof?
Most lenders would not offer you a personal loan without income proof. You can submit any of the following documents as proof of income while applying for a personal loan- salary slip, IT return certificate, Form 16, bank statement, etc.
What is the repayment tenure for an instant personal loan of ₹25,000?
You can choose to repay the borrowed amount over tenures of up to 60 months if you get the loan on Bajaj Markets.
Is it possible to get a loan of ₹25,000 without providing any documents?
Usually, it is mandatory to submit the documents requested by the lenders. This is because your loan eligibility is usually assessed by the lender based on your ID, address, and income proof.
However, lenders like Zype offer loans to you by simply verifying your details using your Aadhaar number or PAN. This can be a great option if you cannot furnish your documents and need the funds urgently.
