How to get an Insta Personal Loan
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Frequently asked questions
You can check your Insta Personal Loan offer using the following steps:
- Click on ‘CHECK OFFER’.
- Enter your 10-digit mobile number and OTP.
- Go with the pre-assigned limit or choose a different loan amount.
- Choose a repayment tenure that suits you best.
- 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.
In most cases, you do not need to submit any documents to get our Insta Personal Loan. However, depending on your profile, you may be asked to submit additional basic documents like:
- 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 of the previous 3 months
- Piped gas bill
- Pension order
- Letter of Allotment of Accommodation Issued by Employer
- Property / Municipal tax receipt
- Utility bill
In our Insta Personal Loans, we have already evaluated your credit history to check your creditworthiness. You can borrow up to Rs. 15,50,000 based on your loan eligibility.
You can check your pre-assigned limit by entering your mobile number and OTP. You can borrow any amount from Rs. 40,000 up to the assigned limit.
On disbursal, you receive the Insta Personal Loan amount in your bank account. However, if you want to cancel the loan after disbursement, contact your Bajaj Finserv relationship manager.
You can check for your Insta Personal Loan offer even if you have an existing personal loan. However, your personal loan repayment capacity will be analysed before generating an offer. Remember, applying for multiple loans may affect your CIBIL score negatively and influence your chances of getting another loan.
An instant loan offer is a type of loan that provides quick cash to borrowers without the hassle of lengthy paperwork and collateral requirements. It is designed for emergency situations where immediate funds are needed to cover unexpected expenses, such as medical bills or home repairs.
Instant personal loan offers are generally approved within a day. However, our existing customers with a pre-approved loan offer can get the funds within 30 minutes*
*Terms and conditions apply.
There are several factors that can impact your instant personal loan offers, such as your relationship with the lender, credit score, income, employment history, and repayment capacity. Lenders use these factors to determine your eligibility for the loan and to calculate the interest rate and loan amount they offer you.
Applying for an instant personal loan is a simple and quick process that can be completed online. Simply visit the personal loan page on our website and select the loan amount and repayment term that you require.
Fill in the online application form with your personal, employment, and financial details. Review and agree to the loan terms and conditions and click on the submit button to complete the application process.
