Short Term Loan for 12 Months

Get quick access to financing through our Insta Personal Loan. Benefit from pre-approved offers and apply now for a short-term loan for 12 months.
Insta Personal Loan for travel
3 min

A short-term loan for 12 months, often referred to as a one-year loan, is a borrowing option where the funds are expected to be repaid within a year. These loans are used for various purposes, such as covering unexpected expenses, managing cash flow fluctuations, or financing a specific project. They typically have higher interest rates compared to long-term loans due to the shorter repayment period. Borrowers should carefully consider their ability to repay the loan within the specified timeframe to avoid financial strain. Short-term loans can be obtained from banks, credit unions, online lenders, or other financial institutions.

If you are looking for a short-term personal loan for 12 months, consider our Insta Personal Loan which gives you access to funds you need in just a few clicks. With pre-approved offers and a disbursal time of 30 minutes*, this is the perfect option if you need a loan of up to Rs. 12,76,500.

What is a short-term loan for 12 months?

A short-term loan for 12 months is a type of borrowing that is typically repaid within a year, providing quick access to funds for various financial needs. Insta Personal Loan from Bajaj Finance provides quick disbursal within minutes, making it easy to manage your urgent financial requirements.

Features of short-term loans for 12 months

Here are some of the features that make short-term loans such as the Insta Personal Loan an ideal choice to consider:

  1. Pre-approved offers: Simply enter your mobile number and OTP to check the offer. You do not have to complete the entire application to know how much you can borrow.
  2. Quick disbursal: Select customers can get the funds in their bank account in as little as 30 minutes*.
  3. Flexible tenure: You can choose the loan amount as per your requirement and select a convenient repayment tenure of up to 63 months.
  4. No collateral: Since Insta Personal Loan is an unsecured loan, you do not need to provide any collateral to get the funds.

Eligibility criteria for a short-term personal loan of 12 months

Since Insta Personal Loan provides pre-approved offers, the eligibility depends on whether you are a new customer or have an existing relationship with us.

Existing customers get pre-approved offers and hence, do not need to check further eligibility criteria. However, some existing customers might be required to submit additional documents, such as proof of income, KYC documents, and bank statements.

New customers who have received an Insta Personal Loan offer may be subject to a CIBIL check and may need to provide additional documentation. The application process and required documentation may vary slightly for new customers.

Check eligibility criteria for Insta Personal Loan

Documents required for a short-term personal loan of 12 months

Insta Personal Loan provides pre-approved offers, and the documentation requirement varies depending on your profile. However, it is a good idea to keep the following documents handy:

  • KYC documents: Aadhaar/ passport/ voter’s ID/ driving license/ Letter of National Population Register/ NREGA job card
  • PAN card
  • Employee ID card
  • Salary slips of the last 12 months
  • Bank account statements for the previous 12 months
  • Utility bills for electricity and piped gas

Select customers can get their Insta Personal Loan without needing to submit any documents.

Interest rates and charges applicable on short-term personal loans of 12 months

It is necessary to consider all the fees and charges associated with loans before going ahead. Check the Insta Personal Loan interest rates and charges before proceeding with your application.

How to apply for a short-term personal loan of 12 months

Here is how you can get our Insta Personal Loan:

  • To begin, select 'CHECK OFFER' located at the top of this page to access our online form.
  • Enter your 10-digit mobile number and verify your profile using the OTP sent to your phone.
  • Upon verification, you will be presented with a pre-assigned loan limit offer. You can either accept this offer or choose a lower amount if desired.
  • Next, select a repayment tenure that best fits your needs.
  • Finally, click on 'PROCEED' to finalise the online process.

Please note that the online process may vary depending on whether you are a new customer or have an existing relationship with us.


A short-term loan, like Insta Personal Loan, can be a crucial support during financial crises. Whether it's for medical emergencies, travel costs, or other urgent needs, Insta Personal Loan offers pre-approved deals, flexibility, and fast disbursal, making it a perfect solution for your urgent financial needs.

Check your pre-approved offer

*Terms and conditions apply.


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*Terms and conditions apply