Insta Personal Loan eligibility and documents

Read on to know the criteria required to get our Insta Personal Loan.

Eligibility criteria and documents required

Anyone can opt for our Insta Personal Loan. Your eligibility and documentation requirement depends on whether you are a new customer or have an existing relationship with us.

If you are an existing customer

Since you are an existing customer with a pre-approved offer, there are no additional eligibility criteria that apply to you. Some of our existing customers may be asked to submit additional documents such as your KYC documents, and bank statement.

If you are a new customer

Customers with an Insta Personal Loan offer may need to go through a CIBIL check and provide additional documents.

How to get an Insta Personal Loan

Step-by-step guide to get an Insta Personal Loan

  1. Click on ‘CHECK OFFER’ at the top of this page to open our online form.
  2. Enter your 10-digit mobile number and verify your profile with the OTP sent to your phone.
  3. You will see an offer with a pre-assigned loan limit for you. You can either go with it or choose a lower amount.
  4. Select a repayment tenure that suits you best.
  5. Click on ‘PROCEED’ to complete the online process.

The online process may differ depending on whether you are a new customer or have an existing relationship with us.

Note: Some customers may need to submit additional documents to complete their insta personal loan application process.

Frequently asked questions

What documents are required for an Insta Personal Loan for a salaried applicant?

In most cases, you don’t need to submit any documents to get a Bajaj Finserv Insta Personal Loan. However, depending on your profile, you may be asked to submit additional basic documents like:

  • KYC documents such as PAN, Aadhaar, driving license, voter’s ID, or a passport
  • Cancelled cheque
  • Bank account details
What is the CIBIL score required to be eligible for a Bajaj Finserv Insta Personal Loan?

Knowing your credit score to get our Insta Personal Loan is not necessary because we check your credit score before extending an Insta Personal Loan offer to you.

How can I check my Insta Personal Loan eligibility?

You do not need to check your Insta Personal Loan eligibility. Existing customers already have a pre-approved offer, while for new customers, we generate a pre-assigned limit by taking multiple criteria in account such as your credit score, repayment history and so on.

What is the age limit to get an Insta Personal Loan?

You can get a Bajaj Finserv Insta Personal Loan as long as you are between the age of 21 years to 67 years*. Younger applicants generally get a higher loan amount as they have more earning years ahead.

*Terms and conditions apply

What is the minimum salary required for an Insta Personal Loan?

The minimum monthly salary requirement for a Bajaj Finserv Insta Personal Loan is Rs. 22,000. It may, however, vary as per the city you live. It is Rs. 30,000 per month for cities like Ahmedabad and Kolkata and Rs. 35,000 per month for cities like Bangalore, Delhi, Mumbai, or Pune.