Get a personal loan with a tenure of 11 months at competitive interest rates to address various immediate financial needs.
Avail Instant Personal Loans ✓ Loan up to 50 Lakhs ✓ Quick Disbursal ✓ Minimum Documentation!
An 11-month personal loan is an easy short-term financing option that offers quick access to funds. It is perfect for handling unexpected expenses like medical emergencies, urgent home repairs, or unexpectedly high bills.
On Bajaj Markets, you can secure an 11-month personal loan of up to ₹50 lakhs with interest rates starting at just 9.99% p.a. Experience fast processing and hassle-free approval. Check the eligibility criteria, explore interest rates, and learn about the simple application process to get started today.
Features and Benefits
An 11-month personal loan is a smart choice for short-term financial needs. Getting a loan via Bajaj Markets comes with many valuable features and benefits, such as:
Quick Approval
Lenders process your application swiftly. Once approved, the funds are disbursed instantly, making it ideal for emergencies.
Competitive Interest Rates
Various lenders offer low interest rates starting from just 9.99% p.a., helping you keep your EMIs manageable. These attractive rates make borrowing more affordable for you.
High Loan Amount
Get up to ₹50 lakhs to cover major expenses like medical emergencies, education, or home renovations. This high loan amount offers peace of mind, helping you cover most needs.
Flexible Usage
You can use the loan amount for any purpose, whether it is medical bills, clearing existing debts, home repairs, or even travel expenses. There are no restrictions on how you choose to spend the funds.
No Collateral Needed
These loans are unsecured, which means you do not have to pledge assets as security. This makes the loan accessible to you without risking personal assets.
Minimal Documentation
The application process requires only basic documents like identity proof, address proof, and income proof. This saves you time and reduces the hassle of submitting more paperwork.
Transparent Process
With Bajaj Markets, you can enjoy a completely transparent process with no hidden or undisclosed fees for the loan.
You can get an 11-month personal loan through various partners on BrandName$$% at competitive interest rates. Below is a list of partners, along with some essential details:
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.
An 11-month loan is a fast and flexible option to meet short-term financial needs. Here are some reasons why options for a loan with this tenure may be beneficial:
May Help Boost Credit Score
Repaying the loan on time can positively impact your credit score. A good credit score makes it easier to secure loans in the future with better terms and lower interest rates.
Nominal Interest Charges
A loan with a shorter tenure means you pay less interest overall, saving money in the long run.
Quick and Easy Repayment
The short repayment period lets you clear the loan faster, helping you regain financial flexibility sooner.
Higher Changes of Approval Chances
The shorter repayment term reduces the lender's risk, increasing your chances of approval and making it easier to access the financial support you need promptly.
Before applying for an 11-month loan online or offline through Bajaj Markets, ensure you meet the following requirements:
Citizenship: You must be a citizen of India to qualify for the loan
Employment Status: You should either be a salaried employee or a self-employed individual
Age: The minimum age to apply is 18 years
Income: Your monthly income should be at least ₹10,000
Work Experience: You need a minimum of 1 year of work experience to be eligible
CIBIL Score: Your CIBIL score must be 600 or above to qualify
When applying for a personal loan via Bajaj Markets, ensure you have the following documents ready:
For identity proof, you can provide one of the following: PAN card, Aadhaar card, Voter ID, Passport, Driving licence, etc.
For address proof, you can choose from: Voter ID, Aadhaar card, Passport, Driving licence, Electricity bill, Telephone bill, etc.
For income proof, you can submit bank statements or salary slips for the past 3 months
You will also need to provide 2 passport-size photographs
The process for applying for a personal loan through this platform is simple and quick. Follow these easy steps:
Go to the website and select the 'Loans' section
Choose the 'Personal Loan' option
Click on 'Check Offers'
Provide your profession, mobile number, and pincode
Complete the verification process, review available loan offers, and pick the one that fits your needs
Once you accept the offer, the funds will be transferred directly to your bank account.
Frequently Asked Questions
Can I get a personal loan for 11 months?
Yes, you can get an 11-month personal loan via Bajaj Markets at competitive interest rates. Whether it is for medical emergencies, home repairs, or other urgent needs, this loan option offers quick approval and easy access to funds.
What is the maximum loan one can get for an 11-month tenure?
You can get a personal loan of up to ₹50 Lakhs for an 11-month tenure through Bajaj Markets. The exact loan amount you can qualify for depends on some factors, such as your income, credit score, and others.
What is the CIBIL score required to get an 11-month loan?
To apply for a personal loan via Bajaj Markets, you should have a minimum CIBIL score of 600 or above. A higher CIBIL score improves your chances of loan approval since it reflects responsible repayment behaviour.
How soon can I receive an 11-month personal loan?
If your application is approved via Bajaj Markets, you will receive the amount in your account within minutes of approval. The quick processing ensures that you get financial support without any unnecessary delays.
