Loan Types
Calculator
FAQs
Video
Rs. 40,000 - Rs. 55 lakh
You may be eligible for a pre-approved offer
Enter mobile and OTP | Check offer | No branch visit needed
In today's fast-paced world, having access to quick and reliable financial assistance is essential. Whether it's for unexpected medical expenses, urgent home repairs, or immediate travel needs, a Rs. 40,000 instant loan can provide the necessary funds to meet these demands. The Bajaj Finance app offers a seamless and efficient way to obtain an Insta Personal Loan, ensuring you have the financial support you need right at your fingertips. This article will explore the features of the app, how to apply for a Rs. 40,000 instant loan, and the documents required for the application.
Check your pre-approved loan offer with phone number and OTP → Apply online in 5 minutes → Get funds in 30 minutes*
Features of the Bajaj Finance app
The Bajaj Finance app is designed to provide users with a hassle-free borrowing experience. Here are some key features of the app:
- Quick processes: You can apply for the Insta Personal Loan in just a few steps and get the funds in your account in as little as 30 minutes*.
- Flexible repayment tenure: The app provides flexible repayment tenures, allowing borrowers to choose a schedule that best suits their financial situation.
- Pre-approved offers: Enjoy personalised loan offers based on your credit profile and existing relationship with us. All you need to do to check your offer is to enter the mobile number and OTP.
- Secure transactions: The app ensures that all transactions are secure, protecting users' personal and financial information.
- User-friendly interface: The app's intuitive design makes it easy for users to navigate and apply for loans without any complications.
These features make the Bajaj Finance app a reliable choice for obtaining an instant personal loan of Rs. 40,000. 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 Rs. 40,000 instant loan on the app
Applying for a Rs. 40,000 instant loan on the Bajaj Finance app is simple and straightforward. Follow these steps:
- Download the app: Install the Bajaj Finance app from the Google Play Store or Apple App Store.
- Register or log in: Create a new account or log in with your existing credentials.
- Access the personal loan section: Locate the personal loan section within the app interface.
- Select loan amount and tenure: Choose the loan amount of Rs. 40,000 and repayment period that suits your requirements. Use our Insta Personal Loan EMI Calculator to determine your EMI amount and assess whether it fits your repayment budget.
- Submit application: Fill in the required details and submit your application.
Once submitted, a representative will then reach out to you to help you with the further process.
Documents required for a Rs. 40,000 instant loan
Documentation requirements for a Bajaj Finance Insta Personal Loan are minimal. Five document categories are required at the time of application:
| Document Category | Accepted Options |
|---|---|
| KYC proof | Aadhaar/ passport/ voter’s ID/ driving license/ Letter of National Population Register/ NREGA job card |
| Identity proof | PAN card, Real-time image / photograph |
| Employment proof | Employee ID card, Letter of Allotment of Accommodation Issued by Employer |
| Income proof | Salary slips — last 3 months, Bank account statements — last 3 months |
| Others | Pension order, Utility bill, Phone bill, Piped gas bill, Property / Municipal tax receipt |
Know more about the personal loan documents required during application
Conclusion
The Bajaj Finance app offers a convenient and reliable solution for those in need of quick financial assistance. With features like pre-approved offers and flexible repayment options, obtaining a Rs. 40,000 instant loan has never been easier. By following the simple application process and providing the necessary documents, you can secure the funds you need to address any immediate financial challenges. Whether it's an Insta Personal Loan for emergencies or planned expenses, the Bajaj Finance app ensures you have the support you need, when you need it.
Check your Insta Personal Loan offer
*Terms and conditions apply.
Also Read:
| 10000 loan app | 25000 loan app |
| 50000 loan app | 60000 loan app |
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. |
Not your nearest branch?
Frequently asked questions
Overview
You can use the Bajaj Finance App and follow the below steps:
- Register or log in.
- Access the personal loan section.
- Select loan amount and tenure.
- Upload documents if required.
- Submit application.
Once submitted, a representative will then reach out to you to help you with the further process.
To get a Bajaj Finance Personal Loan, you need a CIBIL Score of 650 or more. For Insta Personal Loan, you do not need to check the credit score separately since we extend offer only after verifying the credit profile of customers. Check your pre-approved loan offer with phone number and OTP → Apply online in 5 minutes → Get funds in 30 minutes*.
Using an app to get a Rs. 40,000 instant loan is fairly easy, provided you meet the eligibility criteria and have the required documentation.
Related articles
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