Instant personal loan in 10 minutes

The emergence of instant personal loans has transformed the lending landscape, offering individuals the convenience of securing funds within a mere 10 minutes.
Instant personal loan in 10 minutes
5 min read
6 January 2024

In today's fast-paced world, the need for swift and accessible financial solutions is more prevalent than ever. The emergence of instant personal loans has transformed the lending landscape, offering individuals the convenience of securing funds within a mere 10 minutes. Let us explore the key aspects of obtaining an instant personal loan in record time.

How to get an instant personal loan in 10 minutes

Getting an instant personal loan in 10 minutes is easier than one might think. Thanks to advanced digital platforms offered by financial institutions, the application process has been streamlined for efficiency. To begin, individuals can visit the lender's website or mobile app. The user-friendly interface guides applicants through a simple and quick application form.

Upon completion, the digital platform employs advanced algorithms to assess the provided information, expediting the approval process. This rapid evaluation ensures that qualified applicants receive loan approval within minutes.

Eligibility criteria

The eligibility criteria for instant personal loans are designed to be inclusive, catering to a diverse range of applicants. Typically, lenders consider factors such as the applicant's credit score, employment status, income, and age. Many lenders also require applicants to be Indian citizens or residents. The straightforward eligibility criteria make instant personal loans accessible to a broad spectrum of individuals, including salaried professionals, self-employed individuals, and even those with a less-than-perfect credit history.

Apply now for an instant personal loan in 10 minutes

You can apply for our Insta Personal Loan in just a few clicks:

  1. Click on ‘CHECK OFFER’.
  2. Enter your 10-digit mobile number and OTP.
  3. Go with the pre-assigned limit or choose a different loan amount.
  4. Choose 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.

Calculate your EMI

Calculating the equated monthly instalment (EMI) is a crucial step in the borrowing process. You can use our Insta Personal Loan EMI calculator tool that helps to estimate the monthly repayment amount based on the loan amount, tenure, and interest rate. This will help you to make informed decisions about your financial commitments.

In conclusion, the availability of instant personal loans in just 10 minutes represents a significant leap forward in the financial industry's evolution. With streamlined application processes, inclusive eligibility criteria, and online tools for EMI calculation, these loans provide a convenient avenue for individuals to meet their immediate financial needs.

Disclaimer

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*Terms and conditions apply

Frequently asked questions

How do I get a loan within 10 minutes?

With a Bajaj Finance Insta Personal Loan, the funds are disbursed within 30 minutes* to 4 hours.

*Applicable for select customers.

How do I get an immediate personal loan?

Getting an Insta Personal Loan from Bajaj Finance is simple. You only need to follow the steps below to get an offer.

  1. Click on ‘CHECK OFFER’.
  2. Enter your 10-digit mobile number and OTP.
  3. Go with the pre-assigned limit or choose a different loan amount.
  4. Choose 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.

What credit score is required to get approval for an instant personal loan in 10 minutes?

Since Insta Personal Loan provides pre-approved offers, you do not have to check your credit score beforehand. Although, having a CIBIL Score of 685 or higher, increases your chances of getting the loan.