Personal Loan

Personal Loan of Rs. 4 Lakh

Features and Benefits of Rs.4 Lakh Personal Loan:

Meeting your varied personal needs can be difficult in the absence of additional financing options. Bajaj Finserv thus brings you Rs.4 lakh Personal Loan to meet your diverse expenditures, big or small. With fast approval within 24 hours and several attractive features, the loan comes as a feasible funding option.

Avail personal loan to meet necessary funding requirements and repay in easy EMIs over a long repayment tenor. Check out various other features of the instant personal loan for 4 lakh amount.

  • Collateral-free loan

    Collateral-free loan

    Bajaj Finserv offers this unsecured loan of Rs.4 lakh which can also be availed in a higher amount of up to Rs.25 lakh if you meet the eligibility criteria. Since it is a collateral-free low income personal loan, you do not have to worry about mortgaging any asset to avail the funds.

  • Flexible tenors

    The long tenor for credit repayment

    Avail the loan with a long and flexible repayment tenor of up to 60 months and repay easily over the period. A longer tenor reduces EMI burden, and you can choose the same as per your income. Utilise personal loan EMI calculator to decide on a suitable tenor.

  • Pay up to 45% lower EMI

    Easy repayment with Flexi Loan facility

    The low salary personal loan also comes with Flexi Hybrid facility, a unique feature that allows you to make multiple withdrawal from a pre-sanctioned loan amount, and you can pre-pay at any time before the tenor ends.

    Under this facility, interest is charged only on the withdrawn amount and it effectively reduces the EMI burden.

  • Money in bank in 24 hours

    Fast approval and disbursal

    The fast approval and disbursal feature of a personal loan makes it suitable if you feel like ‘I need 4 lakh loan urgently’. With all the eligibilities met and required documents submitted, you can receive approval within 5 minutes and disbursal within 24 hours after approval.

  • Minimal documentation

    Loan available against minimal documentation

    Also, the documents required for personal loan with Bajaj Finserv are minimal. Documents like your ID proof, address proof and income proof are sufficient for the approval.

  • Offers for the ease of loan processing

    Bajaj Finserv also brings several Personal Loan offers to make the processing easier. You can check your pre-approved offer by providing details like your name and contact number and completing its one-step OTP verification.

  • Online loan account

    Access to account online

    You can also access your unsecured personal loan account online to manage the EMIs, check your account statement, etc.

Eligibility Criteria and Documents Required for Rs.4 Lakh Personal Loan:

You are required to meet the necessary eligibility criteria and document requirement to avail this pre-approved personal loan. So, check them out before applying.

Application Procedure for Personal Loan:

Once your requirement matches with the available features and benefits of this short term loan, proceed to apply for it through the following steps:

Step 1:

Provide the necessary personal, employment as well as financial details.

Step 2:

Choose a suitable loan amount and tenor as per your repayment capacity to receive instant approval.

Step 3:

Once our representative gets in touch with you, provide him/her with the necessary documents.

Step 4:

In the next 24 hours, you will receive the amount in your bank account.