Features and benefits

  • Quick finance up to Rs. 40 lakh

    Quick finance up to Rs. 40 lakh

    Address urgent financial needs like business expenses and medical emergencies with ample funding.
  • Collateral-free finance

    Collateral-free finance

    Get a loan without pledging any asset or applying with a guarantor.

  • Instant approval

    Instant approval

    Apply online and get approval in 5 minutes* courtesy of simple eligibility criteria.

  • Disbursal in 24 hours*

    Disbursal in 24 hours*

    Receive the loan amount in your account within 24 hours* of approval.

  • Minimal documents

    Minimal documents

    Submit basic personal loan documents with your application to support your eligibility.

  • Pre-approved loan offers

    Pre-approved loan offers

    Avail of pre-approved offers to hasten approval and access personalised financing.

  • Zero inflation in charges

    Zero inflation in charges

    Read the terms and conditions and be assured of 100% transparency in loan fees and charges.

  • Up to 45%* lower EMIs

    Up to 45%* lower EMIs

    Pay up to 45% lower EMIs with the Flexi personal loan facility by opting for interest-only EMIs.

  • Online loan account

    Online loan account

    View your loan repayment schedule and pay EMIs easily via the customer portal - My Account.

  • Flexible repayment

    Flexible repayment

    Divide your EMIs over a tenor that ranges up to 96 months.

What is a short-term personal loan?

If you need money urgently to meet your urgent financial requirements, With a short-term personal loan, you can get money 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.

What are the benefits of a short-term personal loan?

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.

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Eligibility criteria

  • Nationality


    Residing Indian

  • Age


    Between 21 years and 80 years*

  • Employment


    Salaried, employed with an MNC, public or private company
  • CIBIL score

    CIBIL score

    Check your CIBIL Score for FREE

    685 or higher

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 personal loan EMI calculator. Once you enter the loan amount, interest rate, and tenor, the calculator displays your EMI.

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Fees and charges

The fees and charges for a short-term loan are nominal. Learn about the current personal loan interest rates and read the terms and conditions for more insights. Be assured of zero hidden charges and 100% transparency.

How to apply for a short-term loan online?

Fill out your short term personal loan application form online by following these easy steps:

  1. 1 Enter your 12-digit Aadhaar number
  2. 2 Fill in the loan amount and tenor that you desire
  3. 3 Upload the documents requested and get instant approval on your short-term personal loan
  4. 4 Post document verification, receive the funds in your account within 24 hours*

*Conditions apply

Frequently asked questions

What is the duration of a short-term loan?

Short-term loans usually have a short tenure. Our Insta Personal Loan has tenure options ranging from 6 months to 63 months.

Are short-term loans risky?

Every credit form has risk associated with it. You need to read all the terms and conditions carefully and assess your repayment capacity before opting for any kind of loan.

Can I get a short-term personal loan of Rs. 50,000?

Any individual who meets the eligibility criteria set by the lender can get a short-term personal loan. Bajaj Finance Insta Personal Loans offer pre-assigned limits to our borrowers based on their creditworthiness, repayment history, debt-to-income ratio and other factors.

Can I get a short-term personal loan of Rs. 30,000?

Yes, you can get a short-term Rs. 30,000 personal loan. With our Insta Personal Loan, you can get pre-approved offers for loans of Rs. 20,000 to Rs. 12,76,500.

Can I take a personal loan for 3 months?

Yes, it is possible to take out a personal loan for a short duration like 3 months. However, keep in mind that interest rates and terms may vary among lenders. Ensure to compare options, consider fees, and assess your ability to repay within the specified timeframe before committing to a loan.

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