What is an urgent loan?

Loans that have a short application process and quick disbursal are typically called urgent loans.

Can I use an urgent personal loan for any purpose?

You can use an urgent personal loan for various purposes like medical emergencies, travel, home repairs, or education.

What are the uses of emergency loans?

There can be multiple uses of emergency loans, such as medical expenses, house repairs and so on.

What is an emergency medical loan and how does it work?

An emergency medical loan provides quick financial assistance for urgent healthcare expenses, with fast approval, flexible repayment, and minimal documentation to ensure timely access to treatment.

Can I get an emergency loan of Rs. 50,000?

Any individual who meets the eligibility criteria set by the lender can get an emergency loan. With our pre-approved offers, borrowers do not have to check the eligibility criteria, since we provide the offers after checking their credit scores, repayment history, and other factors.

Can I get an instant personal loan of Rs. 30,000?

If you are looking for a Rs. 30,000 personal loan , just check if you have a pre-approved offer from us. You need to just enter your mobile number and OTP to check your offer.

Can I get approval in 5 mins if I need a personal loan urgently?

While some lenders offer quick approvals, the actual time varies. Online applications can streamline the process, potentially providing approval within minutes, depending on the lender's policies and verification procedures. You can check personal loan page on Bajaj Finserv website to more in detail.

Can I get an urgent loan without submitting any documents?

Yes, some lenders offer an urgent loan without documents, especially to pre-approved customers, using digital verification and existing KYC details for instant processing.

What is the disbursal timeline for an emergency loan?

With a Bajaj Finserv Personal Loan, you can get the funds within 24 hours* of approval. Check your offer in just 2 steps and apply online to get our loan. *Terms and conditions apply.

What are the fees and charges for emergency personal loans?

There are several fees and charges associated with a personal loan. Read about them here .

How to calculate the interest on emergency loans?

To determine the interest on an emergency loan, use an interest calculator by entering the loan amount, tenor, and applicable interest rate. This tool provides an accurate estimate of monthly EMIs and total interest payable, helping you plan better.

What are the factors that affect interest rates on emergency loans?

Interest rates for emergency loans depend on the lender’s terms and policies. Some of the factors that affect interest rates in general are: Credit score Repayment history Income Debt-to-income ratio

How to reduce the burden of EMIs on emergency loans?

You can negotiate with the lender to get a better deal on the interest rate, which can reduce your EMIs. You can also opt for a longer tenure, where your EMIs are reduced. Please note that choosing a longer tenure may mean that you end up paying more overall interest.

Is it possible to foreclose or prepay a personal loan for an emergency?

Yes, it is possible to foreclose or prepay a personal loan for an emergency. Do note that there are foreclosure and part-prepayment charges that may be applicable.

Urgent Loan - Apply For Emergency Personal Loan Online

Features
Eligibility
Purpose
How to Apply

Rs. 40000 - Rs. 55 lakh

You may be eligible for a pre-approved offer

Check now

Enter mobile and OTP | Apply online | Get money in a day*

Life’s emergencies—medical crises, urgent travel, sudden repairs—don’t wait. An emergency loan online provides fast, flexible funds to cover unexpected costs, protecting your savings and peace of mind.

✅ Check your pre-approved loan offer with phone number and OTP → Apply online in 5 minutes → Receive funds within a day*.

Why this matters: Quick access to cash prevents emergencies from turning into financial disasters.

Features and benefits of emergency loan online

1. High-value unsecured loan

Borrow up to Rs. 55 lakh lakh via collateral-free personal loans. No asset pledges—just funds when you need them.

2. Flexible repayment tenure

Choose a tenure from 12 months to 96 months. Use our EMI calculator to plan monthly payments that fit your budget.

Pro tip: Longer tenures lower EMIs but increase total interest; shorter tenures save interest but raise EMIs.

3. Flexi Loan facility

Make multiple withdrawals from a dropline limit and pay interest only on the withdrawn funds, with our Flexi loans.

4. Zero hidden charges

All fees, processing charges, and interest rates are disclosed upfront in the terms and conditions.

Why it helps: Transparency ensures you can budget accurately and avoid surprises.

5. Minimal documentation

Upload basic documents online. Quick verification speeds up approval and disbursal.

6. 24 hours* disbursal

Get funds in your bank account within 24 hours* of approval. Perfect for time-sensitive emergencies.

7. Online application and support

Complete the entire process on our website or mobile app. Track your loan via our customer portal, My Account anytime, 24x7.

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Eligibility criteria to apply for emergency personal loan

Eligibility criteria

To qualify for an emergency personal loan, applicants must meet eligibility for a personal loan set by Bajaj Finserv. Additionally, submitting the required documents ensures quick approval.
- Nationality: Indian
- Age: 21 years to 80 years.
- Employed with: Public, private, or MNC.
- CIBIL Score: 685 or higher.
- Customer profile: Self-employed or Salaried
*You should be 80 years or younger, at the end of the loan tenure.
Documents required for an urgent personal loan

When applying for an urgent loan, ensure you have the necessary paperwork for quick approval. The documents required for a personal loan typically include:
- 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
- Piped gas bill
- Pension order
- Letter of Allotment of Accommodation Issued by Employer
- Property / Municipal tax receipt
- Utility bill
- Phone bill
- Real-time image / photograph
- Ration card
Check your eligibility for personal loan using just mobile number and OTP – 100% online process.

Emergency loan interest rate

Avail an emergency personal loan online at competitive personal loan interest rates starting from just 10% p.a., along with flexible repayment tenures. Even during urgent financial needs, make sure to review all terms and conditions carefully before proceeding with your loan application.

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Wide range of emergency personal loans offered by Bajaj Finance

Bajaj Finance offers convenient emergency personal loans designed to help you tackle unexpected expenses with ease. Whether it’s a sudden medical bill, urgent travel, or education-related costs, you can rely on our flexible loan options for immediate support. If you need funds without delay, you can apply for an urgent personal loan with Bajaj Finance and benefit from quick approval, minimal paperwork, and hassle-free processing.

Here are some key types of personal loans available:

A travel loan to cover vacation expenses and make your dream trip a reality.
A marriage loan to manage wedding costs without financial stress.
A personal loan for higher education to support tuition fees and academic expenses.
A medical loan for urgent healthcare needs.
A personal loan for home expenses to finance renovations or essential purchases.

Choose a suitable loan option and get quick financial support with Bajaj Finance.

Things to consider while taking an emergency loan

Assessing expenditures: The initial step involves evaluating the potential costs associated with the specific emergency. This assessment will help you gauge the level of financial support you might require in the event of an emergency, typically through a personal loan.
Determining loan amount: After you've scrutinized your expenses, it's important to figure out how much you can manage to cover with your existing savings. This calculation will enable you to decide the exact loan amount you should request when applying for an emergency loan app.
Meeting eligibility requirements: Before proceeding with your emergency loan application, make sure to carefully review and comprehend the eligibility criteria set by the lender. Your loan application will only be approved if you meet the lender's specified eligibility conditions.

Also read: Emergency Loan if you have a Bad Credit Record

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How to apply for emergency loan online

Step-by-step guide to apply for a emergency loan:
1. Click on ‘CHECK ELIGIBILITY’ on this page.
2. Enter your 10-digit mobile number and the OTP sent to your phone.
3. Check if you have an offer. If not, fill in the application form with your basic loan details, such as your full name, PAN, date of birth, and PIN code.
4. Now, click on ‘PROCEED’ to visit the loan selection page.
5. Enter the offer or loan amount that you need. Choose from our personal loan variants.
6. Choose the repayment tenure and click on ‘PROCEED’.
7. Complete your KYC and submit your application.
Our representative will contact you for further steps.

Explore emergency loans for all budgets

10000 emergency loan	15000 emergency loan	20000 emergency loan
25000 emergency loan	30000 emergency loan	40000 emergency loan
50000 emergency loan	60000 emergency loan	70000 emergency loan
80000 emergency loan	90000 emergency loan

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Type of fee	Applicable charges
Rate of Interest per annum	10% to 31% p.a.
Processing fees	Up to 3.93% of the loan amount (inclusive of applicable taxes).
Flexi Facility Charge	Term Loan – Not applicable Flexi variant - A fee will be deducted upfront from the loan amount (as applicable below) Up to Rs. 1,999/- for loan amount less than Rs. 2,00,000 Up to Rs. 3,999/- for loan amount from Rs. 2,00,000 to Rs. 3,99,999 Up to Rs. 5,999/- for loan amount from Rs. 4,00,000 to Rs. 5,99,999 Up to Rs. 7,999/- for loan amount from Rs. 6,00,000 to Rs. 9,99,999 Up to Rs. 8,999/- for loan amount from Rs. 10,00,000 to Rs. 14,99,999 Up to Rs. 9,999/- for loan amount from Rs. 15,00,000 to Rs. 19,99,999 Up to Rs. 10,999/- for loan amount from Rs. 20,00,000 to Rs. 24,99,999 Up to Rs. 11,999/- for loan amount from Rs. 25,00,000 to Rs. 29,99,999 Up to Rs. 12,999/- for loan amount of Rs. 30,00,000 and above All the Flexi facility charges above are inclusive of applicable taxes Loan amount includes approved loan amount, insurance premium, and VAS charges.
Principal Holiday Facility Fees	Up to Rs.1999/- for loan amount less than Rs.2,00,000 Up to Rs.3999/- for loan amount from Rs. 200000 to Rs.399999 Up to Rs.5999/- for loan amount from Rs. 400000 to Rs.599999 Up to Rs.7,999/- for loan amount from Rs. 600000 to Rs.999999 Up to Rs.8,999/- for loan amount from Rs.10,00,000 to Rs. 1499999 Up to Rs. 9999/- for loan amount from Rs. 15,00,000 to Rs.19,99999 Up to Rs.10,999/- for loan amount from RS. 20,00,000 to RS.2499999 Up to Rs.11,999/- for loan amount from RS.25,00,000 to RS. 29,99999 Up to Rs. 12,999/- for loan amount of Rs.30,00,000 and above Above charges are inclusive of applicable taxes & will be deducted upfront from loan amount *(Loan amount includes approved loan amount, Insurance Premium & VAS Charges)
Bounce charges	Up to Rs. 1,200 per bounce. “Bounce charges” shall mean charges for (i) dishonour of any payment instrument; or (ii) non-payment of instalment (s) on their respective due dates due to dishonour of payment mandate or non-registration of the payment mandate or any other reason
Pre-payment charges	Full pre-payment Term Loan: Up to 4.72% (inclusive of applicable taxes) on the outstanding loan amount as on the date of full pre-payment. Flexi Term Loan (Flexi Dropline): Up to 4.72% (inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule as on the date of full prepayment. Flexi Hybrid Loan: Up to 4.72% (inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule as on the date of full prepayment. Part pre-payment Term Loan: Up to 4.72% (inclusive of applicable taxes) of the principal amount of loan prepaid on the date of such part pre-payment. Not Applicable for Flexi Term Loan (Flexi Dropline) and Flexi Hybrid. *Foreclosure will be processed post clearance of first EMI
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 Loan (Flexi Dropline): Up to 0.295% (inclusive of applicable taxes) of the total withdrawable amount (as per the repayment schedule) on the date of levy of such charges. Flexi Hybrid Loan: Up to 0.295% (inclusive of applicable taxes) of the total withdrawable amount during the initial tenure. Up to 0.295% (inclusive of applicable taxes) of total withdrawable amount during subsequent tenure.
Broken period interest / Pre-monthly Instalment interest	Method of recovery of "Broken Period Interest/Pre monthly instalment Interest" would be as follows: EMI Date : 2nd Scenario 1: If Loan is disbursed on 1st or post 10th of the month: For Term Loan: BPI amount will be capitalised, i.e added to Principal amount on Due date / Deducted from disbursement For Flexi Loans: BPI amount will be capitalised, i.e added to Principal amount on Due date / Added to first instalment Scenario 2: If Loan is disbursed between 3rd and 10th of the month: First instalment will consist of interest for actual number of days

Note: Additional cess if any, will be applicable to all charges according to state law.

*Terms and conditions apply.

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Disclaimer

Bajaj Finance Limited has the sole and absolute discretion, without assigning any reason to accept or reject any application. Terms and conditions apply*.

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