BAJAJ FINSERV DIRECT LIMITED
Avail Instant Personal Loans ✓ Loan up to 55 Lakhs ✓ Quick Disbursal ✓ Minimum Documentation!

Personal Loan for 3 Months

Secure a 3-month personal loan at affordable interest rates by comparing offers from various lenders . Apply online and get approved quickly!

A personal loan for a tenure of up to 3 months offers a flexible and convenient way to meet your short-term financial needs. With a shorter repayment period, you can quickly pay off the loan without being tied down by long-term commitments.

This makes it an excellent choice if you need funds for a medical emergency or unexpected personal expenses, as there are no restrictions on how you use the funds. On Bajaj Markets, you can apply for personal loans and enjoy competitive interest rates, quick application processing, and minimal formalities.

Features and Benefits

High Loan Amount

You can borrow a high loan amount with benefits like fast approval and instant disbursal. This allows you to manage urgent and varied needs easily.

Competitive Interest Rates

Access personal loans for up to 3 months with attractive interest rates. Choose from a range of partner lenders to find the best deal for yourself.

Flexible Usage

There are no restrictions on how you use your personal loan. Whether it is for medical expenses, home renovations, or your child’s education, a personal loan offers you the freedom to spend as needed.

No Collateral Required

Personal loans from Bajaj Markets do not require any collateral. Apply with minimal paperwork and enjoy quick approval with no need to risk assets.

Variety of Loan Options

Choose from different personal loan variants, including flexi loans or term loans, to best suit your needs and repayment preferences.

Quick Disbursal

Once approved, the loan amount is disbursed to your account within minutes, ensuring immediate access to the funds.

No Hidden Charges

You get clarity on the complete list of fees and charges. This transparency helps you know exactly what you need to pay, so you can plan better and avoid unpleasant surprises later.

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Interest Rates and Charges of Lenders Offering Personal Loans For 3 Months

Bajaj Markets offers personal loans from various lenders with attractive loan terms. Check out the details and the terms below: 

Partner Name

Max Loan Amount

Min Interest Rate

Max Tenure

Processing Fee

MoneyTap

₹5 Lakhs

18.00% p.a.

36 months

5% to 10% of the loan amount

Olyv

₹1 Lakh

18.00% p.a.

12 months

2% to 12% of the loan amount

Disclaimer: The above-mentioned information is subject to change as per changes in issuers’ policies.

Reasons to Opt for a 3-Month Personal Loan

A personal loan of up to 3 months offers a convenient, short-term solution for your financial needs. Here are some key reasons why you should consider opting for it:

  • Unsecured Option

You do not need to pledge any collateral, making it a risk-free and quick borrowing option.

  • Quick and Easy Access

With a short loan term and a manageable loan amount, you can usually access funds quickly and without hassle.

  • Faster Repayment

The shorter tenure means you can repay the loan quickly, avoiding long-term financial commitments and hefty repayments.

  • Lower Interest Costs

Since the loan term is brief, you are likely to pay less as interest compared to long-term loans, saving you money in the long run.

  • Can Help Improve Credit Score

If you repay the loan on time, it can have a positive impact on your credit score, potentially making it easier to access future credit.

Eligibility Criteria

To apply for a personal loan for a tenure of up to 3 months on Bajaj Markets, you need to fulfil the following criteria:

  • You must be an Indian citizen 

  • Your age must be a minimum of 18 years

  • You must be either salaried or self-employed 

  • You must have a work experience of at least 1 year

  • Your CIBIL score must be a minimum of 600

Documents Required

Bajaj Markets offers personal loans with minimal documentation. Here is a list of documents to keep handy:

  • 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

How to Apply for a Personal Loan on Bajaj Markets

To apply for a personal loan, follow these simple steps:

  1. Click on the 'Check Eligibility' option to begin the process

  2. Fill in your basic personal details in the online application form

  3. Enter the loan amount and select your preferred repayment tenure

  4. Submit the application form for verification

After accepting the offer, you will receive the funds in your bank account.

Frequently Asked Questions

Can you get a personal loan for 3 months?

Yes, you can get a 3-month loan online from a range of lenders via Bajaj Markets. This platform allows you to apply online within a few minutes at any time and from anywhere. 

With Bajaj Markets, you can get a personal loan of up to ₹5 Lakhs for a 3-month tenure.

The interest rates vary depending on the lender. On Bajaj Markets, the rates start from 18% per annum. Compare different lenders and choose the one that offers the best terms for you.

You can repay a 3-month personal loan through Equated Monthly Instalments (EMIs), which are fixed payments made over the loan term.

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