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Rs. 40,000 to Rs. 15,50,000
You may be eligible for a pre-approved offer
Enter mobile and OTP | Check offer | No branch visit needed
Applying for a personal loan has never been easier. Digital loan apps allow you to apply for a loan from your smartphone. You can easily use the Bajaj Finance mobile app to check your Insta Personal Loan offer. All you need to check your offer is enter the mobile number and OTP.
Check your pre-approved loan offer with phone number and OTP → Apply online in 5 minutes → Get funds in 30 minutes*.
How to apply for a personal loan through the mobile app
A step-by-step guide to using the Bajaj Finance personal loan app:
- Install the Bajaj Finance App
Download the Bajaj Finance app from the Google Play Store for Android users or the Apple App Store for iOS users. - Access the personal loan section
Locate the personal loan section within the app interface. - Select loan amount and tenure
After confirming your eligibility, the quick loan app will guide you through choosing the loan amount and repayment period that aligns with your requirements. Use our Insta Personal Loan EMI Calculator to determine your EMI amount and assess whether it fits your repayment budget. - Provide necessary documents
The app may prompt you to upload essential documents such as proof of income, identification, and address. Depending on your profile, select customers may not be required to submit any paperwork. - Review and submit your application
Carefully review all the provided information and proceed to submit your application. A representative will then reach out to you to help you with the further process.
Start your application by downloading 10-minute loan app now
In conclusion, instant loan apps offer a convenient and hassle-free way to apply for a personal loan. These apps ensure that you get the financial assistance you need, right at your fingertips.
*Terms and conditions apply.
Key offerings: 3 loan types
Personal loan interest rate and applicable charges
Type of fee | Applicable charges |
Rate of interest per annum | 10% to 30.5% p.a. |
Processing fees | Up to 4.13% of the loan amount (inclusive of applicable taxes). |
Flexi Facility Charge | Term Loan – Not applicable Flexi Loans –Up To Rs 1,999 To Up To Rs 18,999/- (Inclusive Of Applicable Taxes) |
Bounce charges | Rs. 700 to Rs. 1,200/- per bounce “Bounce charges” shall mean charges for (i) dishonor of any payment instrument; or (ii) non-payment of instalment (s) on their respective due dates due to dishonor of payment mandate or non-registration of the payment mandate or any other reason. |
Part-prepayment charges | Full Pre-payment:
Part Pre-payment
|
Penal charge | Delay in payment of instalment(s) shall attract Penal Charge at the rate of up to 36% per annum per instalment from the respective due date until the date of receipt of the full instalment(s) amount. |
Stamp duty (as per respective state) | Payable as per state laws and deducted upfront from loan amount. |
Annual maintenance charges | Term Loan: Not applicable Flexi Term (Dropline) Loan: Up to 0.295% (Inclusive of applicable taxes) of the Dropline limit (as per the repayment schedule) on the date of levy of such charges.
Up to 0.472% (Inclusive Of Applicable Taxes) Of The Dropline Limit During Initial Tenure. Up to 0.295% (Inclusive Of Applicable Taxes) Of Dropline Limit During Subsequent Tenure |
| Credit guarantee scheme fee | Up to 1.18% p.a. (pro-rated daily till 31st March) (inclusive of all applicable taxes) of the loan amount |
| Credit guarantee scheme renewal fee | Up to 1.18% p.a. (inclusive of all applicable taxes) on the outstanding loan amount as on April 01 of the subsequent Financial Year. *Renewal Fee to be collected only for 3 subsequent financial years. **If the Remaining Tenure is less than 12 months, the CG Fee in subsequent years shall be charged prorated. |
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Frequently asked questions
Overview
Since our Insta Personal Loan is unsecured, you do not need to pledge any collateral such as property or gold.
With pre-approved offers and online application process, the turn-around time is significantly reduced. With our Insta Personal Loan, you can get the funds in your account in as little as 30 minutes*. Check your pre-approved loan offer with phone number and OTP → Apply online in 5 minutes → Get funds quickly.
*Terms and conditions apply
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Disclaimer
Bajaj Finance Limited has the sole and absolute discretion, without assigning any reason to accept or reject any application. Terms and conditions apply*.
For customer support, call Personal Loan IVR: 7757 000 000