How to get an instant paperless personal loan

In today’s fast-paced world, borrowing money has become much simpler thanks to digitisation. An instant paperless personal loan allows you to get the funds you need quickly, without the hassle of submitting physical documents or visiting a bank branch. The entire process is online, from applying to approval, making it convenient for emergencies, travel, or other personal expenses. You can even check if you have a pre-approved offer in your city—just use your phone number and OTP to apply online in minutes and receive funds.

With a paperless personal loan, lenders verify your details digitally using KYC and minimal documentation. This means faster approvals and disbursal compared to traditional loans. Whether you are salaried or self-employed, meeting eligibility criteria ensures smooth processing. Understanding how paperless loans work and the required documents helps you secure funds comfortably, while managing repayments efficiently.

Digitisation has made life much easier, especially when it comes to borrowing money. Now, you can apply for a paperless personal loan entirely online, without visiting a branch. If you want, you can also check if you already have a pre-approved offer in your city. The entire process is online, no branch visit required: 

Check your offer in just 2 steps and apply online to get our loan.

An instant paperless personal loan gives you quick access to money without submitting heaps of documents. The whole journey—from applying to getting approved—is digital. Lenders use digital KYC and minimal paperwork, which means eligible applicants can get funds instantly for emergencies, travel, or any personal needs.

An instant paperless personal loan allows borrowers to get quick access to funds without submitting physical documents. With a paperless personal loan online, the entire process—from application to approval—is digital, ensuring fast disbursal. Lenders verify details using digital KYC and minimal paperwork, making a paperless personal loan a hassle-free option. This convenient process helps eligible applicants secure funds instantly, whether for emergencies, travel, or other financial needs.

Traditionally, you’d have to visit a branch, submit your documents, and wait days for approval. With paperless loans, the process is much faster:

• Complete the application online
• Upload the required documents digitally
• Get your loan approved quickly
• Receive the money directly in your bank account

Applying for a paperless personal loan is straightforward. Here’s a step-by-step guide:

1. Go to the lender’s website and find the personal loan section.
2. Fill in your personal, financial, and employment details.
3. Choose the loan amount and a comfortable repayment tenure.
4. Upload soft copies of all documents needed for your loan.

5. Wait for quick approval and disbursal.

   
   

Pro tip: Check your eligibility for personal loan instantly using just mobile number and OTP.
 

• Nationality: Indian
• Age: 21 years to 80 years*.
• Employed with: Public, private, or MNC.
• CIBIL Score: 650 or higher.
• Customer profile: Self-employed or Salaried

Learn more about eligibility and personal loan documents to ensure a smooth application process.

Once you meet the eligibility criteria, gather the necessary documents. Commonly, lenders require the following:

• 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
• Real-time image / photograph
• Ration card

Pro-tip: Don’t forget to check the personal loan interest rate and other charges. This ensures your repayments are smooth and affordable.

Also, consider a paperless personal loan from Bajaj Finserv. Enjoy a nominal interest rate, flexible repayment options, and a fully online application. Best of all, you can get approval in 5 minutes* and receive funds in your account in 24 hours*. You can also use our personal loan EMI calculator to estimate your EMIs for the desired loan amount. To check your Bajaj Finance personal loan application status, simply use the Bajaj Finserv loan app. 

*Terms and conditions apply