A 10-month loan offers flexibility and fast approval to help you manage your expenses easily.
Avail Instant Personal Loans ✓ Loan up to 50 Lakhs ✓ Quick Disbursal ✓ Minimum Documentation!
If you are looking for a short-term financial solution, a personal loan for 10 months could be an excellent solution. It is ideal for managing unexpected expenses, and offers financial support without the stress of a long-term commitment.
With fast approval and flexible terms, you can borrow the amount you need and repay it in easy, affordable instalments. On Bajaj Markets, you can explore multiple lenders that offer loans for a tenure of 10 months. Check your eligibility and secure up to ₹50 Lakhs funds to support your urgent needs.
Features and Benefits
Bajaj Markets offers loans with a wide range of benefits, including collateral-free access and affordable interest rates. Here are the details:
Ample Loan Amount
You can secure a personal loan of up to ₹50 Lakhs, providing you with the financial flexibility you need for a wide range of expenses.
Affordable Interest Rates
With interest rates starting from as low as 9.99% p.a., this loan offers a cost-effective solution for borrowing.
Flexible Usage
You can use the sanctioned amount for almost any personal expense, unlike some loans that restrict how you spend the funds.
Collateral-free Funds
You can access financial support without putting your assets at risk as there is no collateral needed.
Simple Eligibility and Minimal Paperwork
The loan comes with simple eligibility criteria and minimal documentation requirements, ensuring the approval process is quick and efficient.
Transparent With No Hidden Fees
There are no hidden charges, and the entire loan process is transparent, giving you complete clarity from start to finish.
On Bajaj Markets, you can apply for personal loans from multiple partners for a 10-month term. Below is a list of lenders, including details on maximum loan amounts, loan tenure, interest rates, and processing fees.
Partner |
Maximum Amount |
Interest Rate |
Tenure |
Processing Fees (excluding GST) |
Bajaj Finance Limited |
₹35 Lakhs |
10% p.a. |
96 Months |
Up to 3.93% |
CASHe |
₹4 Lakhs |
2.79% p.m. |
18 Months |
Up to 5.5% |
Federal Bank |
₹5 Lakhs |
11% p.a. |
48 Months |
0.70% to 2.80% |
Fibe |
₹5 Lakhs |
14% p.a. |
36 Months |
Up to 2% |
Finnable |
₹10 Lakh |
15.95% p.a. |
60 Months |
Up to 3% |
IIFL Finance |
₹5 Lakhs |
18% p.a. |
42 Months |
2% to 6% |
Incred |
₹10 Lakhs |
16% p.a. |
60 Months |
2% to 5% |
Kissht |
₹4 Lakhs |
14% p.a. |
24 Months |
3% to 5% |
Kotak Mahindra Bank |
₹40 Lakhs |
10.99% p.a. |
72 Months |
Up to 1.10% to 1.50% |
KreditBee |
₹5 Lakhs |
14% p.a. |
24 Months |
Up to 3% |
L&T Finance |
₹7 Lakhs |
12% p.a. |
48 Months |
Up to 2% |
MoneyTap |
₹5 Lakhs |
18% p.a. |
36 Months |
5% to 10% |
Moneyview |
₹10 Lakhs |
1.33% p.m. |
60 Months |
Starting from 2% |
mPokket |
₹45,000 |
24% p.a. |
90 Months |
₹50 to ₹200 |
Muthoot Finance |
₹15 Lakhs |
14.50% p.a. |
60 Months |
2% to 4% |
Olyv |
₹1 Lakh |
18% p.a. |
12 Months |
2% to 12% |
PaySense Partners |
₹5 Lakhs |
15% p.a. |
60 Months |
2% to 2.5% or ₹500, whichever is higher |
Privo |
₹5 Lakhs |
9.99% p.a. |
60 Months |
1% to 3% |
SMFG India Credit |
₹25 Lakhs |
12% p.a. |
60 Months |
0% to 6% |
Upwards |
₹5 Lakhs |
1.5% p.m. |
36 Months |
Up to 4% |
YES BANK |
₹50 Lakhs |
12.50% p.a. |
72 Months |
Up to 2.75% |
Zype |
₹3 Lakhs |
18% p.a. |
12 Months |
2% to 6% |
Disclaimer: The above-mentioned information is subject to change as per changes in issuers’ policies.
A 10-month loan is a great option for those seeking short-term financial assistance. Here is why it can be the ideal choice for you:
Quick Repayment
The short-term nature of the loan helps you pay it off faster, relieving you from long-term debt and offering quicker financial relief.
Lower Overall Interest Payment
With a shorter repayment period, you can save significantly on the total interest due.
Higher Odds of Approval
The short tenure increases your likelihood of approval. This ensures you get the financial help you need without delays.
Potential Credit Score Boost
By repaying the loan on time, you can positively impact your credit score, making it easier to secure credit in the future if needed.
The criteria for a loan vary from lender to lender. Here are the criteria you need to meet to apply for a loan via Bajaj Markets:
You must be a citizen of India
Your age must be a minimum of 18 years
You must be either salaried or self-employed
Your CIBIL score must be a minimum of 600
Your monthly income must be at least ₹10,000
You must have a work experience of at least 1 year
After meeting the eligibility criteria, you also need to submit some documents to successfully apply for the loan:
2 passport-size photographs
Identity Proof: Aadhaar card, PAN card, voter ID, passport, driving licence
Address Proof: Aadhaar card, passport, voter ID, driving licence, telephone bill, electricity bill
Income Proof: Last 3 months’ bank statements or salary slips
Follow these quick and easy steps to apply for a personal loan online:
Go to the website and click on ‘Loans’
Choose the ‘Personal Loan’ option
Click on ‘Check Offers’
Enter your profession, mobile number, and pincode
Complete the verification, check the loan offers, and choose a suitable one
After accepting the offer, you will receive the funds in your bank account.
Frequently Asked Questions
Can you get a personal loan for 10 months?
Yes, you can get a personal loan for 10 months with ease through Bajaj Markets. This loan is available at competitive terms, ensuring a flexible and cost-effective solution for your financial needs. The simple and efficient application process further enhances the convenience.
What is the maximum loan one can get for 10 months tenure?
Bajaj Markets offers a substantial loan amount of up to ₹50 Lakhs. Remember, the loan amount you are eligible for will be determined based on factors such as:
Your income
Specific policies of the lender
Why choose a shorter loan term?
Short-term loans offer a fast and convenient way to meet immediate financial needs. Here’s why they can be the right choice for you:
Quick approval and easier clearance for low amounts
Ideal for meeting urgent financial needs
No collateral is required to secure the funds
Flexible and manageable repayment schedule
How to calculate EMI for 10 months?
You can calculate the EMI you may need to pay manually. The formula is:
E = P x R x (1+r)^n/((1+r)^N – 1, where
E = Equated Monthly Instalment
P = Principal amount
R = Rate of interest
N= Tenure
Alternatively, calculate the EMI easily via a personal loan EMI calculator available on Bajaj Markets. This way, you can save your time and effort while reducing the chances of error.
