Features and Benefits of Personal Loan in Akola
Akola is the 3rd largest city in the Vidarbha region of Maharashtra. The economy of Akola relies on the rail and road junction on the Tapti River Valley and is a developing economic zone. It is also growing as a prominent educational centre and an important market centre for the Vidarbha region.
Avail a personal loan in Akola and enjoy several features and benefits with private lenders such as Bajaj Finserv.
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High loan amount of up to Rs.25 lakh
Avail personal loan in Akola up to Rs.25 lakh to adequately meet several personal expenses like home renovation, business expansion, child’s education, vacation, etc.
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Transparency
Enjoy absolute transparency with no hidden charges or fees on your Bajaj Finserv Personal Loan in Akola. You can refer to the terms and conditions for further details.
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Instant approval
Enjoy immediate approval on your instant loan application from loan providers like Bajaj Finserv. Duly furnish and submit the online application form for hassle-free approval of your credit.
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Quick disbursal
Private financers such as Bajaj Finserv disburse the loan within 12 hours* of loan approval.
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Flexible tenor
Repay your Personal Loan in Akola from Bajaj Finserv conveniently with flexible repayment tenor ranging from 12 months to 60 months. Calculate your EMIs as per chosen tenor using our EMI calculator for personal loan.
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Online account management
Stay updated with the details of your private finance loan account such as EMI payments and accrued loan amount with our customer portal Experia.
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No collateral
Bajaj Finserv does not require any collateral to approve a private finance loan.
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Hassle-free documentation
The documentation process is minimal and hassle-free. You need to produce a few essential documents required for a personal loan.
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Flexi Hybrid Loan
Save up to 45% on EMI payments with the Flexi Loan facility. Pay interest only on the amount utilised from your personal loan finance. Enjoy interest-only EMI facility and repay the principal amount at the end of your repayment tenor.
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Pre-approved offers
Bajaj Finserv provides pre-approved offers to reduce the time and hassle in loan processing. Furnish your name and phone number to check your pre-approved offer.
Eligibility Criteria for Personal Loan in Akola
Meet the simple personal loan eligibility criteria and documents for a successful loan approval.
| Criteria for Eligibility | Requirements |
|---|---|
| Age | 23 to 55 years |
| Income stability | Salaried individual (Employed with a public/private company or an MNC) |
| Nationality | Indian (Residing in India) |
| Credit score | 750 or more |
Personal Loan Interest Rates and Charges in Akola
Bajaj Finserv advances personal loans at affordable interest rates and charges.
| Applicable Charges | Rate/Amount |
|---|---|
| Personal loan interest rates | 12.99% onwards |
| Processing fees | Up to 4.13% on the loan amount |
| Penal interest | 2% + taxes on EMI or Rs.200 (Higher of the two) |
| Secure fee | Rs.4,499 (For online approval only) |
| Bounce fees | Between Rs.600 and Rs.1,200 (Tax included) |
Contact Us
Existing customers can reach us at 020-3957-5152 or mail us at personalloans1@bajajfinserv.in to learn about the details of a personal loan in Akola.
New customers can contact us at 1800-103-3535 or message “PL” to 9773633633.
*Conditions apply
