Online Short-term Loan in Delhi

Get instant access to funds in Delhi through our Insta Personal Loan. Benefit from pre-approved offers and apply now for a short-term loan.
Insta Personal Loan
3 min
4-April-2024

Short-term loans, offered by various financial institutions, including banks, credit unions, and online lenders, are an effective way to manage your urgent expenses without depleting your savings.

What is a short-term loan?

A short-term loan is a type of borrowing that is typically repaid over a short period, usually within a year. These loans are often used to cover unexpected expenses or temporary cash flow issues. They are usually unsecured, meaning they do not require collateral, but they may have higher interest rates compared to long-term loans. Short-term loans are popular among individuals and businesses looking for quick access to funds with a relatively fast repayment schedule. Insta Personal Loan, offered by Bajaj Finance Limited, is a great option to when you need funds urgently, to manage emergencies. You can choose a repayment term of your choice with flexible tenures ranging from 6 months to 63 months.

Features of a short-term loan in Delhi

Here are some of the features that make Insta Personal Loan an ideal choice when you need money urgently:

  • Just 2 steps to check your offer: You do not need to go through a lengthy application process to know how much funds you can borrow. Simply enter your mobile number and OTP to check the offer.
  • Hassle-free application: Having a pre-approved offer makes the entire loan process much faster and smoother.
  • Quick disbursal: You can get the funds you need in as little as 30 minutes*.
  • Flexible repayment: Choose a convenient tenure ranging up to 63 months.

Eligibility criteria for a short-term personal loan in Delhi

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

For existing customers, no further eligibility criteria are necessary, as you already have a pre-approved offer. 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.

Documents required for a short-term personal loan in Delhi

Since Insta Personal Loan provides pre-approved offers, the documentation requirement varies as per your profile and relationship with us. Typically, 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 3 months
  • Bank account statements for the previous 3 months
  • Utility bills for electricity and piped gas

Read all about the eligibility criteria and documents required for our Insta Personal Loan.

How to apply for a short-term personal loan in Delhi

Here is how you can apply for our Insta Personal Loan in Delhi:

  • 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.

Conclusion

In conclusion, a short-term loan can be a helpful financial tool in times of need, providing quick access to funds for emergencies.

Check your pre-approved loan offer

*Terms and conditions apply.

Disclaimer

While care is taken to update the information, products, and services included in or available on our website and related platforms/ websites, there may be inadvertent inaccuracies or typographical errors or delays in updating the information. The material contained in this site, and on associated web pages, is for reference and general information purpose and the details mentioned in the respective product/ service document shall prevail in case of any inconsistency. Subscribers and users should seek professional advice before acting on the basis of the information contained herein. Please take an informed decision with respect to any product or service after going through the relevant product/ service document and applicable terms and conditions. In case any inconsistencies are observed, please click on reach us.

*Terms and conditions apply

Frequently asked questions

How can I get a short-term loan in Delhi?

Getting an Insta Personal Loan in Delhi is simple. You only need to follow the steps below:

  1. Click on ‘CHECK OFFER’ on this page.
  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.

Is a short-term loan more expensive than a normal instant loan?
The affordability of a loan depends on the interest rates and other associated fees and charges, which can change as per the lender and type of the loan.
Is it possible to get a short-term loan in Delhi with no credit checks?
If you have a pre-approved offer of our Insta Personal Loan, you are already screened for creditworthiness. In these cases, you do not have to separately check your credit score.
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