Short-term loan

With a short-term personal loan, you can get money to meet urgent financial requirements and repay the amount over a short period, usually less than a year. Bajaj Finserv offers quick short-term loans of up to Rs. 40 lakh at attractive rates of interest. You can avail of a short-term loan for personal needs such as medical emergencies, wedding expenses, higher education, debt consolidation, and international travel.

Since the eligibility criteria are straightforward and the documentation requirement is small, you can apply online for a short-term loan and get approved for it in just 5 minutes*. Post verification, you get the funds disbursed to your account within 24 hours*.

Repayment of a short-term personal loan is cost-effective as the tenor is not lengthy. However, we offer flexible repayment terms, and you can space out your EMIs over a convenient tenor to make your debt outgo manageable. If you prefer to ease your way into repayment, you can opt for a Flexi interest-only loan and pay up to 45%* lower EMIs.

To know how much funding you can get with a short-term loan, use the Personal Loan Eligibility Calculator to get an estimate. It indicates what you may qualify for based on your income and fixed obligations.

EMI calculation for short term loan

The easiest way to plan repayment is to use the loan EMI calculator. Once you enter the loan amount, interest rate, and tenor, the calculator displays your EMI.