Get Rs. 20,000 Emergency Loan Online

Here is everything you need to know about eligibility criteria and documentation required to avail of a Rs. 20,000 emergency loan.
Insta Personal Loan
3 min
19-April-2024

An emergency loan is typically a short-term loan designed to get you money quickly during urgent situations, like car trouble, medical bills, or house repairs. Unlike some loans, you do not need to put up any property as collateral. The idea is to repay it back soon, typically within a few months, making this a temporary solution to get you back on track. If you're seeking an emergency loan of Rs. 20,000, Insta Personal Loan offered by Bajaj Finance is a great way to get the funds to manage urgent expenses.

Features of a Rs. 20,000 emergency loan

Here are the features of our Insta Personal Loan that make it an ideal loan for emergencies:

  • No paperwork*: Select customers may be able to get the funds without any paperwork.
  • Ready money for you:  Check your pre-approved offer using mobile number and OTP.
  • Rapid disbursal: Since it is a pre-approved loan offer, there is very little time needed for processing. You can get the funds in as little as 30 minutes**.
  • Repayment flexibility: You get to choose from convenient repayment tenure ranging from 6 months to 63 months.

Eligibility criteria for a Rs. 20,000 emergency loan

Customers do not need to check eligibility criteria separately while considering the Insta Personal Loan.

Existing customers: Pre-approved offers are already waiting for you, so you can skip the eligibility check.

New customers: You can generate a pre-assigned limit for yourself using just the mobile number and OTP. We may do a quick CIBIL check and ask for some documents to finalise your application.

Check out the eligibility criteria and documents required for our Insta Personal Loan.

Documents required for a Rs. 20,000 emergency loan

It is a good idea to keep the following documents handy when you apply 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

Select customers can get our Insta Personal Loan without submitting any documents.

Interest rates and charges applicable on a Rs. 20,000 emergency loan

Check the Insta Personal Loan interest rates before proceeding with your application. Make a note of all the associated charges with the loan to plan your repayment comfortably.

How to apply for a Rs. 20,000 emergency loan

You only need to follow the below steps to get a Rs. 20,000 loan.

  1. Click on ‘CHECK OFFER’ on this page.
  2. Enter your 10-digit mobile number and OTP.
  3. Go with the pre-assigned limit or choose a different loan amount.
  4. Choose 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.

Conclusion

Facing an unexpected bill?  The Bajaj Finance Insta Personal Loan can be your financial lifesaver. Get quick access to cash for emergencies like car repairs or medical costs. Existing customers get pre-approved offers, while everyone benefits from fast disbursals, flexible repayment options, and minimal paperwork.

Check your Insta Personal Loan offer today

*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

What documents are required for a Rs. 20,000 emergency loan?

The documentation requirements differ from lender to lender. With our Insta Personal Loan, select customers can get the loan without submitting any documents.

*Terms and conditions apply.

Is it hard to get a Rs. 20,000 emergency loan?

You can easily get a Rs. 20,000 loan if you meet the eligibility criteria and submit the required documents. You only need to follow the below steps to get our Insta Personal Loan.

  1. Click on ‘CHECK OFFER’ on this page.
  2. Enter your 10-digit mobile number and OTP.
  3. Go with the pre-assigned limit or choose a different loan amount.
  4. Choose 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.

How long does it take for a Rs. 20,000 emergency loan?
With Insta Personal Loan, you can get the funds in your account in as little as 30 minutes*.

*Terms and conditions apply.

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