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Short-term Personal Loan

Features and Benefits of Short-term Loans

  • Quick finance up to Rs.25 lakh

    Address urgent financial needs like business expenses and medical emergencies with ample funding.

  • Collateral-free finance

    Get a loan without having to pledge an asset or apply with a guarantor.

  • Instant approval

    Apply online and get approval in 5 minutes* by meeting our simple eligibility criteria.

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    Minimal documents

    Submit basic personal loan documents with your application to get funding easily.

  • Flexible repayment

    Repay your loan conveniently over tenors ranging up to 60 months.

  • Pre-approved loan offers

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

  • No additional charges

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

  • Up to 45%* lower EMIs

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

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    Online loan account

    View your loan repayment schedule and pay EMIs easily via the Customer Portal - Experia

  • mortgage loan interest rates

    Flexible repayment

    Divide your EMIs over a tenor that goes up to 60 months.

  • Short-term Loans

    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 up to Rs.25 lakh at attractive rates of interest. You can avail 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 minimal, 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.

Eligibility Criteria for Short-term Loans

Nationality: Indian
Age: 20 to 60 years
Employment: Salaried and employed with an MNC, public, or private company
CIBIL Score: 750 or higher
Salary: Rs. 25,000 or more, city-specific

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 on the basis of your income and fixed obligations.

EMI calculation for Short-term Loans

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.

Fees and Charges for Short-term Loans

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


*Conditions Apply