In need of immediate financial assistance? Consider a Rs. 50,000 instant loan to address your pressing needs. Whether it's covering home repairs, consolidating debt, or funding a small business venture, this loan offers a convenient solution. Insta Personal Loan offered by Bajaj Finance is a great way to get the funds to manage urgent expenses. In this article, we will explore the features of an emergency loan, how to apply, and the benefits it provides, helping you make informed decisions about your finances.
Features of a Rs. 50,000 emergency loan
Here are the features of our Insta Personal Loan you can benefit from:
- No branch visits: Complete the application online and our representative will contact you for the further process. Once done, you can get the funds within as little as 30 minutes* to 4 hours.
- Simplified documentation requirements: Select customers can get the funds without needing any documents. Depending on their profile, some customers may need to provide basic documents.
- Flexible repayment options: Tenure options ranging from 12 months to 87 months for comfortable repayment.
- No hidden charges: All the associated fees and charges are clearly mentioned on the website and in the loan documents.
Eligibility criteria for a Rs. 50,000 emergency loan
The eligibility criteria and documentation requirement for our Insta Personal Loan depend on whether you are a new customer or have an existing relationship with us.
Existing customers: Since Insta Personal Loan provides pre-approved offers to existing customers, there are no additional eligibility criteria you need to fulfil. Some of our existing customers may be asked to submit additional documents, including your income proof and KYC documents.
New customers: New customers with an Insta Personal Loan offer may need to go through a CIBIL check and provide additional documents.
Check out the eligibility criteria and documents required for our Insta Personal Loan in detail.
Documents required for a Rs. 50,000 emergency loan
The below documents usually suffice when you are applying for a personal 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. 50,000 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. 50,000 emergency loan
You only need to follow the below steps to get our Insta Personal Loan.
- Click on ‘CHECK OFFER’ on this page.
- Enter your 10-digit mobile number and OTP.
- Go with the pre-assigned limit or choose a different loan amount.
- Choose 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.
Conclusion
Encountering a sudden expense? Consider the Bajaj Finance Insta Personal Loan for swift financial support. Gain rapid access to funds for unexpected needs such as vehicle repairs or medical bills. Enjoy pre-approved offers, fast disbursal, flexible repayment options, and a simplified application process, making your financial management easier.
Check your Insta Personal Loan offer today
*Terms and conditions apply
