When facing financial challenges, many individuals turn to instant personal loans for a quick solution. Unlike regular loans, instant loans offer the advantage of swift disbursal, making them an ideal choice for urgent funding requirements.

Many lenders offer instant loans within a short time. While we do not offer a personal loan in 2 minutes. You can get a Bajaj Finance Insta Personal Loan of up to Rs. 15,50,000 in 30 minutes* to 4 hours.
 

Here is how you can get our Insta Personal Loan

For existing customers: You can benefit from our pre-approved loan offers. Simply provide your phone number and OTP to access this information effortlessly.

For new customers: You can check your pre-assigned limits by entering your phone number and OTP. However, please note that additional paperwork may be necessary to process the loan application.

If you do not see an offer or need more funds: In case you need a higher loan amount, you can always apply for our regular personal loan and get instant approval in 5 minutes*.
 

Key features and benefits of instant loans

Instant personal loans come with a host of advantages, thanks to their pre-approved nature:

• Swift disbursal
• Minimal to no documentation required
• Flexible tenure options
• Hassle-free application process
• No hidden charges

Eligibility criteria for instant personal loans in 2 minutes

When looking for a cash loan in 2 minutes, eligibility criteria become crucial. The criteria for a personal loan in 2 minutes will vary from lender to lender. Since Insta Personal Loan provides pre-approved offers, you do not have to check eligibility criteria separately. For our regular personal loan, below are the eligibility criteria.

• Nationality: Indian 
• Age: 21 years to 80 years*. 
• Employed with: Public, private, or MNC. 
• CIBIL Score: 685 or higher. 
• Customer profile: Self-employed or Salaried 

*You should be 80 years* or younger, at the end of the loan tenure.

Also read: How to Get an Instant Personal Loan in 30 minutes
 

Documentation requirements for an instant loan in 2 minutes

To get a personal loan in 2 minutes, lenders will require you to submit a few documents. It is a good idea to keep the following documents handy when you are applying for a cash loan in 2 minutes:

• 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
• Real-time image / photograph
• Ration card

How to apply for an instant loan

Getting an Insta Personal Loan is easy with these simple steps:

1. Click the 'CHECK OFFER' button on this page to access the online form.
2. Enter your 10-digit mobile number and verify it with the provided OTP.
3. Review the pre-assigned loan offer and choose the desired loan amount.
4. Select a suitable loan tenure that aligns with your preferences.
5. Click "PROCEED" to complete the online application form.

Please note that the application process may differ for new and existing customers. Some customers might require additional documentation for their Insta Personal Loan application.

Also read: Instant personal loan in 10 minutes
 

Factors to consider before opting for an instant personal loan

Use our Instant Loan EMI Calculator: Our Instant Loan EMI Calculator is an easy-to use tool that requires you to input the loan amount, tenure and the interest rate. It helps you determine your monthly EMIs based on these input parameters. This way, you can select an amount that suits your budget.

Select a suitable loan tenure: Longer tenures result in lower EMIs, while shorter tenures lead to a reduced total applicable interest. Choose the tenure that suits your repayment capacity.

If you need an instant loan that can quickly be transferred to your account, our Insta Personal Loan is the perfect solution.

In conclusion, Insta Personal Loans provide a swift and convenient solution for urgent financial needs. With benefits like fast disbursal, minimal documentation, and flexible tenure options, they are an ideal choice for many. Use our EMI calculator to plan your repayments and choose the tenure that suits you best. Check your offer today and secure the funds you need effortlessly.