When you are faced with a sudden and unexpected bill, a Rs. 25,000 emergency loan can help. This article explores how these quick loans can cover unexpected expenses like medical bills or car repairs. We will explain how they work, their benefits (like fast access to cash), and what to consider before borrowing. If you're seeking an emergency loan of Rs. 25,000, Insta Personal Loan offered by Bajaj Finance is a great way to get the funds to manage urgent expenses.
Features of a Rs. 25,000 emergency loan
Here are the features of our Insta Personal Loan that make it an ideal loan for emergencies:
- Skip the paperwork hassle: Select customers may not need to submit any documents to process the loan.
- Ready offers for you: See if you have a pre-approved offer with just your mobile number and OTP. Ready money can be just a tap away.
- Quick disbursal: Since it is a pre-approved loan offer, Get the money you need within minutes to a few hours*.
- Flexible tenure: Choose a repayment plan that fits your budget, with terms ranging from 12 months to 87 months.
Eligibility criteria for a Rs. 25,000 emergency loan
To qualify for an emergency loan, applicants typically need to meet the minimum and maximum age criteria and have a steady income source, such as employment or business ownership. Lenders often require a good credit score and a low debt-to-income ratio. Proof of identity, address, and income are also standard requirements.
In the case of our Insta Personal Loan, customers do not need to check eligibility criteria separately since we provide pre-approved offers that are made after checking for the creditworthiness.
Check out the eligibility criteria and documents required for our Insta Personal Loan.
Documents required for a Rs. 25,000 emergency loan
You are typically required to submit the following documents:
- 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
- Utility bill of electricity and piped gas
Select customers can get our Insta Personal Loan without submitting any documents.
Interest rates and charges applicable on a Rs. 25,000 emergency loan
Check the Insta Personal Loan interest rates before proceeding with your application. Make a note of all the associated charges with the loan to plan your repayment comfortably.
How to apply for a Rs. 25,000 emergency loan
You only need to follow the below steps to get our Insta Personal Loan.
- Click on ‘CHECK OFFER’ on this page.
- 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.
Conclusion
Encountering a sudden expense? Consider the Bajaj Finance Insta Personal Loan as your financial solution. Gain swift access to funds for unexpected needs such as vehicle repairs or medical expenses. Existing customers receive pre-approved deals, while all applicants enjoy rapid disbursal, flexible repayment plans, and streamlined application process.
Check your Insta Personal Loan offer today
*Terms and conditions apply
