What are the advantages of availing an Instant Personal Loan from Bajaj Finance?

Bajaj Finance Limited offers Insta Personal Loans to its existing as well as new customers. The benefits of choosing an Insta Personal Loan include: Faster processing: You do not need to go through a lengthy approval process associated with regular loans. Instant funding: Since you are screened for your creditworthiness beforehand, the loan disbursal process is significantly shortened. Flexible tenures: With Insta Loans, you can pick a convenient repayment tenure that suits your needs. Minimal documentation: Insta Personal Loans require minimal documentation for loan processing.

What are the eligibility criteria to apply for an instant cash loan?

The eligibility criteria vary from lender to lender. The Bajaj Finance Insta Personal Loan provides pre-approved offers, whereas for a Bajaj Finance Personal Loan, you need to fulfill the below eligibility criteria: Nationality: Indian Age: 21 years to 80 years*. Employed with: Public, private, or MNC. CIBIL Score: 685 or higher. Monthly salary: Starting Rs. 25,001, based on the city you live in. *You should be 80 years* or younger, at the end of the loan tenure.

Apply for Instant Personal Loan Online

High-value and collateral-free loan

Get funding up to Rs. 40 lakh without having to pledge an asset as security.
Instant loan approval

Avail an instant personal loan on simple eligibility terms to get approval within 5 minutes*.
Minimal documentation

Submit your basic documents and get your application processed quickly.
Swift disbursal

Obtain money in the bank within 24 hours* of instant loan approval and document verification.
Convenient repayment

Adjust your EMIs to your income with a flexible repayment term of up to 96 months.
Nil hidden charges

Apply for an instant personal loan online without worry, knowing that you enjoy 100% transparency in loan dealings.
Flexi Hybrid feature

Opt for the Flexi Hybrid facility to pay interest-only EMIs for a part of the tenure and make multiple withdrawals and deposits.

Apply online for an instant personal loan from Bajaj Finance to benefit from approval within 5 minutes. Our eligibility criteria are simple, and the documentation requirement is basic. This speeds up the loan application process, and you get the funds you need within 24 hours* of approval and verification. You can avail up to Rs. 40 lakh without needing to pledge any security as collateral.

Use an instant personal loan to cater to unplanned expenses that come your way. You can repay the funds at your convenience over a repayment term of up to 96 months. Bajaj Finance offers competitive interest rates on personal loan offerings to make repayment affordable for you. Check the other fees and charges to make a repayment plan before applying. You are assured of zero hidden charges.

For flexibility in borrowing, we offer the Flexi Hybrid feature. It allows you to make multiple withdrawals and deposits from your pre-approved sanction on the go. You do not incur additional charges to withdraw or pre-pay funds. Moreover, you pay interest-only EMIs for the initial part of the repayment term. This allows you to access instant funds and ease your way into repayment.

Types of instant personal loans in India

Instant personal loans bear no end-use restrictions, which makes them suitable for meeting diverse urgent funding needs, such as

Wedding
Higher education
Travel
Home renovation
Medical emergency
Second-hand car purchase

Opt for an instant approval personal loan online as per your financing needs. Use the online personal loan EMI calculator to estimate your fixed monthly outgo and choose a repayment term accordingly.

*Terms and conditions apply.

Documents required for instant personal loan

Type of document	Requirement
Proof of identity	PAN card, Aadhaar Card, voter ID, passport, or any other government-issued photo identity proof
Proof of address	Aadhaar Card, voter ID, passport, ration card, utility bills, or any other government-issued proof of address
Income proof	Salary slips for the last 3 months and bank account statements for the previous 3 months

*Terms and conditions apply.

Frequently asked questions

If you have met all the eligibility criteria for the instant personal loan, you will receive the instant approval within 5 minutes.

You can track your personal loan application status via the customer portal, My Account. You can also visit the Bajaj Finserv branch nearest to you to check your loan status.

You will receive the personal loan amount in your loan account within 24 hours* of approval and document verification.

*Terms and conditions apply.

You can avail of a collateral-free instant personal loan of up to Rs. 40 lakh.

You can avail of an instant personal loan at either a fixed or floating interest rate.

To help you estimate the EMI for your loan, you can use the EMI calculator. This shows you the approximate principal and interest components of your personal loan and allows you to see the impact of increasing or reducing your loan amount on your EMIs.

685 is the minimum CIBIL Score that you should have for instant approval on your personal loan.

Bajaj Finance Limited offers Insta Personal Loans to its existing as well as new customers. The benefits of choosing an Insta Personal Loan include:

Faster processing: You do not need to go through a lengthy approval process associated with regular loans.
Instant funding: Since you are screened for your creditworthiness beforehand, the loan disbursal process is significantly shortened.
Flexible tenures: With Insta Loans, you can pick a convenient repayment tenure that suits your needs.
Minimal documentation: Insta Personal Loans require minimal documentation for loan processing.

An instant personal loan is a type of loan that provides quick access to funds, typically processed, and disbursed rapidly, often within a few hours, without extensive documentation or collateral.

An instant cash loan is a type of loan which is disbursed quickly, has easy eligibility criteria, and a simple application process.

The eligibility criteria vary from lender to lender. The Bajaj Finance Insta Personal Loan provides pre-approved offers, whereas for a Bajaj Finance Personal Loan, you need to fulfill the below eligibility criteria: