Get Emergency Loan Online

Here is everything you need to know about the eligibility criteria and documentation required to avail of an emergency loan.
Insta Personal Loan
3 min
12-April-2024

If you are considering a Rs. 10,000 emergency loan and you need the funds quickly, you should definitely consider options from Bajaj Finance Limited. You can choose from personal loans and business loans as well as secured options such as gold loans and loans against property to get access to the funds you need.

If you are looking for small loan amounts, such as Rs. 10,000, you can easily apply for a gold loan online. Just enter a few basic details on the app and book an appointment at a nearby Bajaj Finance branch. You can easily get a loan amount starting Rs. 5,000.

Having said that, if time is of the essence, consider our Insta Personal Loan. With pre-approved offers that you can check in just two clicks and a disbursal time of 30 minutes*, this is the ideal solution if you need a loan starting from Rs. 20,000 to Rs. 12,76,500.

Eligibility criteria for an emergency loan

The eligibility criteria vary from lender to lender. Typically, the criteria revolve around the following parameters:

  • Age: Younger applicants have a better chance of loan approval.
  • Income: Stable and sufficient.
  • Credit Score: Good credit history.
  • Employment: A regular job or a steady income source.
  • Residency: Resident of the country.

With Insta Personal Loan, you do not have to check eligibility criteria separately. Simply check if you have a ready offer. Existing customers get pre-approved offers and new customers can generate pre-assigned limits for themselves using just their mobile number and OTP.

How to apply for an emergency loan

Here is how you can apply for our Insta Personal Loan:

  1. Click on ‘CHECK OFFER’ at the top of this page to open our online form.
  2. Enter your 10-digit mobile number and verify that your profile with the OTP sent to your phone.
  3. You will see an offer with a pre-assigned loan limit for you. You can either go with it or choose a lower amount.
  4. Select a repayment tenure that suits you best.
  5. Click on ‘PROCEED’ to complete the online process.

The online process may differ depending on whether you are a new customer or have an existing relationship with us.

Documents required for an emergency loan

Depending on their profile, select customers can get our Insta Personal Loan without needing to submit any documents. Some customers may have to submit basic documents. It is a good idea to keep the following documents handy when applying for a loan:

  • KYC documents: Aadhaar/ passport/ voter’s ID/ driving license/ Letter of National Population Register/ NREGA job card
  • PAN card
  • Employee ID card
  • Salary slips of the last 3 months
  • Bank account statements of the previous 3 months
  • Utility bill of electricity and piped gas

In conclusion, remember to check the interest rates, repayment terms, and fees to make an informed decision that suits your financial situation. Get an emergency loan from Bajaj Finance to manage any sudden expenses.

Check your pre-approved offer

*Terms and conditions apply.

Bajaj Finserv App for All Your Financial Needs and Goals

Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals.

You can use the Bajaj Finserv App to:

  • Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more.
  • Explore and apply for co-branded credit cards online.
  • Invest in fixed deposits and mutual funds on the app.
  • Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.
  • Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.
  • Apply for Insta EMI Card and get a pre-approved limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on No Cost EMIs.
  • Shop from over 100+ brand partners that offer a diverse range of products and services.
  • Use specialised tools like EMI calculators, SIP Calculators
  • Check your credit score, download loan statements and even get quick customer support—all on the app.

Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app.

Do more with the Bajaj Finserv App!

UPI, Wallet, Loans, Investments, Cards, Shopping and more

Disclaimer

While care is taken to update the information, products, and services included in or available on our website and related platforms/ websites, there may be inadvertent inaccuracies or typographical errors or delays in updating the information. The material contained in this site, and on associated web pages, is for reference and general information purpose and the details mentioned in the respective product/ service document shall prevail in case of any inconsistency. Subscribers and users should seek professional advice before acting on the basis of the information contained herein. Please take an informed decision with respect to any product or service after going through the relevant product/ service document and applicable terms and conditions. In case any inconsistencies are observed, please click on reach us.

*Terms and conditions apply

Frequently asked questions

Is it hard to get a Rs. 10,000 emergency loan?
Getting a Rs. 10,000 emergency loan is not difficult if you meet the lender’s eligibility criteria and provide the required documents.
What documents are required for a Rs. 10,000 emergency loan?

It is a good idea to keep the following documents handy while applying for an emergency loan:

  • KYC documents: Aadhaar/ passport/ voter’s ID/ driving license/ Letter of National Population Register/ NREGA job card
  • PAN card
  • Employee ID card
  • Salary slips of the last 3 months
  • Bank account statements of the previous 3 months
  • Utility bill of electricity and piped gas
How long does it take for the disbursal of a Rs. 10,000 emergency loan?

With our Insta Personal Loan, you can get the funds in your account in as little as 30 minutes* to 4 hours.

*Terms and conditions apply

What credit score do I need for a Rs. 10,000 loan?

With Insta Personal loan, you do not have to check your credit score separately since we extend pre-approved offers only after determining creditworthiness. For our regular personal loan, you need to have a CIBIL Score of 685 or higher.

What is the monthly payment for a Rs. 10,000 personal loan?

Assuming an interest of 13% p.a. and a tenure of 6 months, the EMI for a Rs. 10,000 personal loan would come down to approximately Rs. 1,730.

What is the smallest amount you can get a loan for?

With our Bajaj Finserv Insta Personal Loan, you can get a loan ranging from Rs. 20,000 to Rs. 12,76,500.

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