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