2 min read
25 May 2021

An immediate need for funds can crop up at any time. You may need money to take care of a medical emergency, for instance, or to consolidate your credit card debt. To help you meet your urgent requirements, Bajaj Finserv, one of India’s leading non-banking financial companies, brings you a digital personal loan that can be availed right from your home.

No queues, no processing delays, no documentation, and no collateral – just money kept ready for you, available whenever you need it. All you have to do is check your pre-approved offer from Bajaj Finserv and select the amount you wish to borrow. The funds will be transferred to your account in real-time – in just 20 minutes.

Here’s how this instant digital personal loan gives you an easy and affordable way to meet sudden expenses.

1. You can get the money you need instantly

If you are an existing Bajaj Finserv customer, you can avail of your exclusive pre-approved offer to get money with just two clicks. With a quick personal loan disbursal process in India, Bajaj Finserv then deposits the funds in your bank account immediately, so you can get money right when you need it.

2. No paperwork means no processing delays

This personal loan offering by Bajaj Finserv can be availed of online. Having a pre-approved offer also means that your details have been verified, and you do not need to submit any paperwork, income proof, or other documentation to avail of funds.

Additional read: Benefits of Bajaj Finserv Personal Loan

The seamless online process also means that you can get funds anytime you want, whether late on a Sunday night or a Wednesday afternoon. That too, without even leaving your couch.

3. A high loan sanction helps you meet expenses easily

When you choose a personal loan, you don’t just get your money quickly – you also get ample funds for your needs, based on how well you meet the personal loan eligibility criteria. You can then use these funds for any purpose without any restriction.

The loan can be used to deal with the cost of home renovation, higher education, medical care, travel, weddings, and even to consolidate your debts and make them easier to repay.

4. You can get a loan without collateral

There is no requirement for collateral from your end to make the digital loan even more convenient and easy to avail of. With no extra paperwork involved in verifying your assets as security against the loan, you can get money quickly without adding to your financial burden.

5. No hidden fees or charges

Digital personal loans from Bajaj Finserv come with clearly stated fees and charges and attractive interest rates that make it easy to repay the loan. However, you must read the loan agreement carefully and go through all the charges listed in it to be aware of every aspect of your borrowing.

Additional read: How to lower your EMIs by 45%?

Some of the charges you should pay attention to include the secure fee, processing fee, EMI bounce charges, fees for part-prepayment and foreclosing the loan, and penal interest.

6. Flexible repayment plans

You get a tenor that ranges up to 96 months when you take a personal loan. To add to the ease of a long tenor, you also get the option to pay just the interest on the loan as your EMIs, for the initial part of the tenor, when you choose the Flexi loan facility. This reduces your EMIs by up to 45%*, thus making it even easier for you to manage your finances.

You can also use the EMI Calculator available on the website to find your exact EMI, tenure, and interest rate before you opt for a personal loan.

With these benefits, Bajaj Finserv Personal Loans are the ideal choice for when you need funds in an instant. Avail of your pre-approved offer now and get a deal that is customised to your needs instantly.

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