In today's fast-paced world, people have become accustomed to getting everything done quickly and easily. This includes the process of getting a personal loan. Securing a personal loan in just a few minutes is one of many elements made possible by advances in technology. Bajaj Finance has launched Insta Personal Loan with these needs in mind. It is a type of instant personal loan that can help you meet your expenses easily without having to go through a cumbersome application process involving a ton of paperwork.
You can expect to have the loan amount disbursed into your account in as little as within 30 minutes* to 4 hours. This can be a tremendous relief for individuals who need funds for urgent expenses such as a medical emergency.
Explore different purposes to avail of instant personal loans
One of the biggest advantages of an instant personal loan is that it can be used for a wide variety of purposes. You can manage your small or large expenses using a personal loan, including:
- Wedding expenses
- Home renovation and repairs
- Higher education
- Medical expenses
Since our personal loan is disbursed quickly, it is also feasible to manage urgent expenses during emergency situations.
Eligibility criteria to avail of a loan in 30 minutes*
Regular personal loans have several eligibility requirements, which vary depending on the lender. Some of these include:
- Minimum monthly salary
- Age limit
- Employment type
- CIBIL Score
You will also need to submit a bunch of documents to process the application, such as:
- KYC documents: Aadhaar/ PAN card/ passport/ voter’s ID
- Employee ID card
- Salary slips
- Bank account statements
You can avoid all this hassle by opting for a Bajaj Finserv Insta Personal Loan and get the funds you need instantly.
Tips for getting an instant personal loan in 30 minutes*
For existing customers:
Existing customers already have a pre-approved loan offer. They can check it by simply entering their mobile numbers and OTP. You can visit our Insta Personal Loan webpage and click on ‘CHECK OFFER’. Once you enter your mobile number and OTP, you will see a pre-approved personal loan offer for you. Now, you have the option of taking advantage of the offer right away or doing so later.
For new customers:
Insta Personal Loan offers can also be generated for new customers online by simply providing a functional mobile number.
For instance, let us assume that Seema is a new customer who wishes to get Insta Personal Loan. She can click on ‘Check Offer’ and enter her registered mobile number and the OTP sent to it. She will be able to see the pre-determined loan limit on the screen and can choose to accept the offer by moving forward with the application procedure, which takes less than five minutes.
Why choose Bajaj Finance for an instant personal loan?
Bajaj Finance Insta Personal Loans distinguish themselves from the competition by providing several benefits. You can receive a loan of up to Rs. 12,76,500 to help you out in times of financial emergency. With a flexible repayment tenure ranging up to 87 months, customers can choose a term that works for them and pay back their loan without any worries. You can read all about the Insta Personal Loan interest rate and charges before opting for it. If you have an emergency expense to take care of, this could be the best way to find a quick and easy financing solution.
*Terms and conditions apply
