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A personal loan for a tenure of up to 4 months is a convenient short-term financing option that provides flexibility and quick access to funds. It is ideal for managing unexpected expenses, such as medical emergencies or home repairs.

A short-term loan on Bajaj Markets can help you meet your planned or urgent needs. Explore various lenders, compare the interest rates and processing fees, and make a suitable borrowing decision.

Features and Benefits

A 4-month loan comes with several features and benefits that make it an attractive option for quick financial support. Here are some of the key features and benefits of getting a loan via Bajaj Markets Read More: Read Less

Competitive Interest Rates

Choose from a variety of partner lenders and borrow affordably on attractive interest rates.

Ample Loan Amount

Borrow adequate loan amount through Bajaj Markets and enjoy quick approval with instant disbursal.

Unsecured Loan

You can borrow without the need for collateral, making it easy and risk-free to access funds.

Flexible Usage

Use the funds for various purposes, including medical emergencies, weddings, travel, education, or debt consolidation.

No Hidden Charges

Experience a transparent loan process with no hidden fees or charges when borrowing through this platform.

Convenient Application Process

Complete the entire loan application process online with minimal paperwork, ensuring a fast and hassle-free experience.

Interest Rates and Charges of Lenders Offering a 4-Month Personal Loan

You can get a personal loan with an up to 4-month tenure from various partners on Bajaj Markets. Here is a list of partners with the maximum loan amount, interest rates, tenure, and processing costs:

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.

EMI Calculator for 4-Month Personal Loan

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Reasons to Opt for a Personal Loan for 4 Months

A 4-month loan is a quick, flexible solution for short-term financial needs. Here are some reasons to consider it:

  • Lower Interest Dues

With a shorter loan tenure, you pay less interest overall, as the loan is repaid in a shorter time.

  • Quick Financial Solution

A 4-month personal loan is the perfect option for addressing unexpected financial needs, providing fast access to funds when required.

  • Speedy Repayment

The short tenure of just 4 months allows you to pay off the loan quickly, helping you become debt-free faster.

  • Can Boost Credit Score

By making timely repayments, you not only clear your loan efficiently but also improve your credit score, enhancing your ability to borrow in the future.

Eligibility Criteria

Before applying for personal loan via Bajaj Markets, make sure you meet the following criteria:

  • Citizenship: You must be a citizen of India

  • Age: You must be at least 18 years old

  • Employment Status: You must be either salaried or self-employed

  • Work Experience: At least 1 year of work experience

  • CIBIL Score: Your CIBIL score should be at least 600 or above

Documents Required

Be ready with the following documents when you are applying for a personal loan via Bajaj Markets:

As identity proof, you can choose any one from the following:

  • PAN card

  • Aadhaar card

  • Voter ID

  • Passport

  • Driving licence

As address proof, you can choose any one from the following:

  • Voter ID

  • Aadhaar card

  • Passport

  • Driving licence

  • Electricity bill

  • Telephone bill

As income proof, you can upload the following:

  • Bank statements for the past 3 months

  • Salary slips for the past 3 months

How to Apply for a Personal Loan on Bajaj Markets

Follow these simple steps to apply for a personal loan online through this platform:

  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

Once you accept an offer, the funds will be transferred to your bank account.

Frequently Asked Questions

Can I get a personal loan for 4 months?

Yes, you can get a short-term personal loan for up to 4 months. This type of loan is ideal for covering emergencies or unexpected expenses. Explore various options on Bajaj Markets and apply in a few simple steps.

What is the maximum loan one can get for a 4-month tenure?

You can take a personal loan of up to ₹5 Lakhs via Bajaj Markets for a tenure of up to 4 months. To increase your chances of approval, ensure you meet the eligibility criteria and the lender’s terms and conditions.

What is the CIBIL score required to get a personal loan with a 4-month tenure?

To get a 4-month personal loan through Bajaj Markets, you need a CIBIL score of at least 600 or above. A higher score increases your chances of loan approval and may help you secure better interest rates.

How can I repay a personal loan with a tenure of 4 months?

You can repay the personal loan through fixed Equated Monthly Instalments (EMIs), where you make consistent payments over the loan term. This structured repayment plan helps you manage your finances effectively while clearing the loan on time.

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