BAJAJ FINSERV DIRECT LIMITED
Avail Instant Personal Loans ✓ Loan up to 50 Lakhs ✓ Quick Disbursal ✓ Minimum Documentation!

Get an Instant Personal Loan Online – Quick Approval, Fast Disbursal

Apply for an instant personal loan on  Bajaj Markets. Submit basic details with minimal documentation and get quick funds from trusted lenders.

Details of Instant Loans on Bajaj Markets

Lenders on Bajaj Markets offer instant personal loans designed for speed, flexibility, and convenience. Here are a few benefits: 

  • Attractive Interest Rates

You can get instant personal loans at competitive interest rates starting from 9.99% per annum.

  • High Loan Amount

Get loans starting from as low as ₹500 and going up to ₹55 Lakhs, depending on the lender you choose.

  • Flexible Repayment Tenure

Repayment tenures range from 90 days to 96 months.

  • Quick Approval

Eligibility checks are conducted instantly, and loans are sanctioned rapidly.

  • Paperless Application

The entire process is completed online, eliminating the need for physical documents.

  • Multiple Loan Offers

You can explore loan offers from over 20 trusted partner lenders.

  • Free EMI Calculator 

Using the personal loan EMI calculator, you can accurately forecast your monthly instalments and ensure they suit your finances.

  • Transparent Charges

All interest rates and processing fees are revealed upfront.

What is an Instant Personal Loan

An instant personal loan is a fast, easy-to-get loan designed for urgent financial needs. Unlike traditional loans, it comes with rapid approval, minimal documentation, and fast disbursal, often within hours. The process is entirely digital-no lengthy paperwork or branch visits. You need to simply fill out an online form after fulfilling basic eligibility criteria, and upload basic documents. You will then receive funds directly in your bank account. Prioritising speed and convenience, instant personal loans are ideal for emergencies or short-term cash flow gaps. Trusted lenders ensure secure processing in real-time for a seamless borrowing experience.

On Bajaj Markets, you can enjoy a completely paperless application, and immediate access to funds. Apply now to secure instant funds without the need for collateral or restrictions on end use.

Eligibility Criteria for an Instant Personal Loan on Bajaj Markets

Checking the eligibility criteria beforehand ensures a smooth application and faster approval. These requirements include: 

  • Citizenship: Must be an Indian citizen

  • Employment: Salaried or self-employed

  • Age: 18 years+

  • Income: At least ₹9,000/month

  • Work Experience: Minimum 6 months

  • Credit Score: CIBIL score of 685 and above boosts approval chances

Disclaimer: Eligibility criteria are subject to change and may vary as per lender’s terms and policies.

Documents Required for an Instant Personal Loan

Here is a quick overview: 

Identity Proof (Any One)

Address Proof (Any One)

Income Proof (Any One)

PAN Card

Voter ID

Bank statement 

Aadhaar Card

Aadhaar Card

Salary slips for the last 3 months

Voter ID

Passport

 

Passport

Driving License

 

Driving License

Electricity Bill

 
 

Telephone Bill

 

Disclaimer: You may be asked to submit additional documents beyond the mentioned ones. Requirements may vary by lender.

Apply for an Instant Personal Loan on Bajaj Markets With Quick and Easy Steps

You can apply for this loan on Bajaj Markets through a simple and hassle-free process. Here is how:

  1. Click here to apply 

  2. From the dropdown menu, choose your profession 

  3. Provide your mobile number and PIN code 

  4. Accept the terms by clicking on the checkboxes and clicking on ’Proceed’ 

  5. Provide the OTP received on your mobile number and proceed to complete the loan application online 

After successful submission, a representative will call you regarding verification and further steps.

Instant Personal Loan Interest Rates and Charges

When applying for a loan, understand the interest rates and additional charges involved, as they impact the cost of borrowing. Here are the details for the partner lenders offering personal loans on Bajaj Markets:

Partner Offers Min. Interest Rates Max. Loan Amount Max. Tenure Processing Fee

Moneyview Personal Loan

1.33% p.m.

₹10 Lakhs

60 months

Starts from 2% of the approved loan amount

CASHe Personal Loan

2.79% p.m.

₹3 Lakhs

18 months

Up to 5.5% of the loan amount + GST

Privo Personal Loan

9.99% p.a.

₹5 Lakhs

60 months

1% to 3% of the loan amount + GST

Bajaj Finance Personal Loan

10.00% p.a.

₹55 Lakhs    

96 months

Up to 3.93% of the loan amount (Plus taxes)

Kotak Mahindra Bank Personal Loan

10.99% p.a.

₹40 Lakhs

72 months

1.10% - 1.50% of the loan amount + GST

KreditBee Personal Loan

12.00% p.a.

₹10 Lakhs

60 months

Up to 5.1% + GST

L&T Finance Personal Loan

12.00% p.a.

₹15 Lakhs

48 months

Up to 3% of the loan amount + GST

Freo Personal Loan

12.00% p.a.

₹5 Lakhs

36 months

1% onwards

SMFG India Credit Personal Loan

12.00% p.a.

₹25 Lakhs

60 months

0% to 6% of the loan amount

YES BANK Personal Loan

12.50% p.a.

₹50 Lakhs

72 months

1.15% to 2.75% of the loan amount

Federal Bank Personal Loan

12.75% p.a.

₹5 Lakhs

48 months

2% to 3% of the loan amount + 18% GST

Aditya Birla Capital Personal Loan

13.50% p.a.

₹7 Lakhs

60 months

Up to 4% of the loan amount + GST

Fibe Personal Loan

14.00% p.a. 

₹5 Lakhs

36 months

Up to 2% of the loan amount

Kissht Personal Loan

14.00% p.a.

₹4 Lakhs

24 months

3% to 5% of the loan amount

PaySense Personal Loan

14.00% p.a.

₹5 Lakhs

60 months

2% to 2.5% of the loan amount + GST or ₹500 + GST (whichever is higher)

Muthoot Finance Personal Loan

14.50% p.a.

₹10 Lakhs

60 months

2% to 4% of the loan amount

Finnable Personal Loan

15.95% p.a.

₹10 Lakhs

60 months

Up to 3% of the loan amount

IIFL Personal Loan

18.00% p.a. 

₹5 Lakhs

42 months

2% to 6% of the loan amount + GST

InCred Personal Loan

16.00% p.a.

₹10 Lakhs

60 months

2% to 5% of the sanctioned amount

Piramal Finance Personal Loan

17.25% p.a.

₹6 Lakhs

60 months

1.50% to 4.50% of the loan amount

Olyv Personal Loan

18.00% p.a.

₹1 Lakh

12 months

2% to 12% of the loan amount

Upwards Personal Loan

18.00% p.a.

₹5 Lakhs

36 months

Up to 4% of the loan amount

Zype Personal Loan

18.00% p.a.

₹5 Lakhs

12 months

2% to 6% of the loan amount

mPokket Personal Loan

24.00% p.a.

₹45,000

90 Days

₹50 to ₹200 + 18% GST (maximum APR of 48%)

Frequently Asked Questions

Does Bajaj Finance provide instant personal loans?

Yes, the lender offers personal loans with quick approval and minimal documentation. Eligible applicants can get funds disbursed directly into their bank accounts within a short time.

To be eligible for an instant personal loan on Bajaj Markets, you need to be an Indian citizen aged 18 years or above. You also need to have a minimum monthly salary of ₹9,000, a CIBIL score of 685 or higher, and be either salaried or self-employed.

Yes, the Bajaj Markets App is safe to use as it follows strict security measures to protect user data. You can confidently apply for loans, credit cards, and other financial products through the app.

You need a CIBIL score of 685 or above to get approval for a Bajaj Finance Personal Loan. A higher score increases your chances of approval and helps you get better loan terms.

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