Personal loan in Kozhikode

Explore instant personal loans in Kozhikode with competitive interest rates and quick approval.
Personal loan
3 min
24-February-2024

Kozhikode, also known as Calicut, is a vibrant city in Kerala, India, renowned for its historical significance in trade and culture. Nestled along the Malabar Coast, it features scenic beaches, historic sites, and a rich culinary heritage. Kozhikode serves as a hub for commerce, education, and tourism in the region.

Personal loan in Kozhikode

In Kozhikode, accessing a personal loan involves selecting a reputable lender, completing the application with accurate details, and providing necessary documentation. Interest rates, tenure, and eligibility criteria vary, so thorough research is crucial. Comparing options ensures a suitable personal loan tailored to individual financial needs and circumstances in Kozhikode.

Feature and benefits of personal loan in Kozhikode

Bajaj Finance Personal Loans in Kozhikode offer a range of features and benefits tailored to meet diverse financial needs in the city.

Flexible loan amounts

Borrowers in Kozhikode can choose from a flexible range of loan amounts of up to Rs. 40 lakh based on their financial requirements. This adaptability allows residents to address various needs, such as education, medical expenses, or home improvement.

Quick approval and disbursal

Bajaj Finance is known for its swift loan application process. Once the application, along with the necessary documents, is submitted, the approval and disbursal are expedited, ensuring timely financial assistance for the residents of Kozhikode.

No collateral required

Bajaj Finance Personal Loans in Kozhikode do not require any collateral. This unsecured nature makes it accessible to individuals without the need to pledge valuable assets, ensuring a hassle-free borrowing experience.

Minimal documentation

The personal loan application process with Bajaj Finance is streamlined with minimal documentation. This reduces the paperwork and enhances the convenience for borrowers in Kozhikode.

Flexi facility

Bajaj Finance Personal Loans offer a unique feature known as the Flexi Loan facility. This feature allows you to withdraw funds as per your requirement from the approved loan amount, resulting in lower interest payments. You have to pay interest only on the amount withdrawn and not on the total sanctioned limit.

Eligibility criteria of a personal loan in Kozhikode

Once you meet the simple eligibility criteria outlined below, you are eligible to apply for a Bajaj Finance Personal Loan in Kozhikode:

  • Nationality: India
  • Age: 21 years to 80 years*.
  • Employed with: Public, private, or MNC.
  • CIBIL Score: 685 or higher.
  • Monthly salary: Starting Rs. 25,001, based on the city you live in.

*You should be 80 years* or younger, at the end of the loan tenure.

Documents required for a personal loan in Kozhikode

When applying for a Bajaj Finance Personal Loan, you have to submit the following documents:

  • KYC documents: Aadhaar/ passport/ voter’s ID/ driving license/ Letter of National Population Register
  • PAN card
  • Employee ID card
  • Salary slips of the last 3 months
  • Bank account statements of the previous 3 months

How to apply for a personal loan in Kozhikode?

To get a Bajaj Finance Personal Loan in Kozhikode, follow the steps outlined below:

  • Visit our website's personal loan section and select 'APPLY.'
  • Provide your 10-digit mobile number and OTP for verification.
  • Fill out the application form with essential details.
  • Select 'PROCEED' to reach the loan selection page.
  • Choose your preferred loan amount and choose from our three personal loan options – Term, Flexi Term, and Flexi Hybrid.
  • Select he repayment tenure – you can choose tenure options of 6 months to 96 months and click on ‘PROCEED’.
  • Complete your KYC and submit your loan application.

In summary, Bajaj Finance Personal Loans in Kozhikode offer competitive interest rates, quick processing, no collateral requirement, flexible loan amounts, minimal documentation, and efficient online account management, making it a comprehensive and accessible financial solution for the city's residents.

Apply now to secure the best deal on our personal loan with minimal documentation.

Disclaimer

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*Terms and conditions apply