Pre-approved loans are usually available to customers who already have a relationship with a lender and have a strong repayment history. When you receive a pre-approved loan offer, the lender has already carefully evaluated your financial history, credit score and more. As a result, the loan will be processed fast, and the funds will be disbursed quickly. Our Insta Personal Loan is the best option for people who need quick access to funds at any time.
Check your pre-approved offers
A monthly salary of at least Rs. 22,000 is required to be eligible for a regular personal loan from Bajaj Finserv. However, it could change depending on the city you live in. It is Rs. 30,000 per month in cities like Ahmedabad and Kolkata, and Rs. 35,000 per month in cities like Bangalore, Delhi, Mumbai, or Pune.
However, in the case of Insta Personal Loans, there is no specific salary requirement since we have already evaluated your profile and have generated an offer for you. Even new customers can simply enter their mobile number and OTP to check their Insta Personal Loan offer. The offer you get depends on several factors such as your repayment history, salary, age, and more.
Eligibility criteria and documents required
Our Insta Personal Loan is available to everyone. Whether you are an existing customer or a new one will determine your eligibility and documentation needs.
If you are an existing customer
Since you are already a customer and have a pre-approved offer, there are no other eligibility requirements that you may need to fulfil. Some of our existing customers might be asked to provide additional documents, such as their bank statements and KYC documents.
If you are a new customer
New customers who want an Insta Personal Loan offer might need to submit extra documentation and undergo a CIBIL check.
If you don’t see an offer
In the above-mentioned situations, if you do not see an offer or require a larger loan amount than the pre-determined limit, you have the choice to complete our standard online application process, which takes less than 5 minutes.
Here is a link that will take you to the Insta Personal Loan page, where you can learn more about the product and check your offer online.
