Instant personal loan in Kerala
Located on the Malabar Coast, Kerala is often referred to as ‘God’s Own Country’ due to its breathtaking landscapes, backwaters, and ecotourism initiatives. It has the 10th largest economy in India, with tourism as its primary economic driver, alongside industries such as spices, tea, coffee, and rubber production. The state also has a thriving fishery sector, supporting over 1.1 million residents.
For those in need of urgent financial assistance, Bajaj Finance offers an instant personal loan in Kerala with competitive interest rates and flexible repayment options. With a hassle-free online application process and minimal documentation, you can access funds quickly. Visit any of our nine branches or apply online for immediate approval.
Features and benefits of instant personal loan in Kerala
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Minimal documentation
Forget lengthy application processes. Complete the documentation process with minimal paperwork only.
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Pre-approved offer
Look up your pre-approved offers online to simplify and quicken the process of getting loans.
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Tenors up to 96 months
Make your repayments easier with tenors of up to 96 months. Choose wisely using the personal loan calculator.
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Flexible options
With Flexi loans, enjoy repayment flexibility and reduce your EMIs by up to 45%*. Pay interest only on the amount used from a pre-sanctioned limit.
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Quick loan in 24 hours*
Apply for a personal loan in Kerala online and receive the approved amount in your account within 24 hours*.
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Fast approval
Get the fastest approval on your loan application form online with Bajaj Finserv.
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Money up to Rs. 55 lakh
Cover various types of high or low expenditures and purchases using unsecured loans of up to Rs. 55 lakh.
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Use our online account facility to manage your EMIs, principal outstanding, due dates, etc.
Online loan account
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Zero hidden rates
Avail of a personal loan with zero hidden charges and as per flexible terms and conditions.
*Conditions apply
Eligibility criteria for instant loan in Kerala
Before applying for an instant personal loan in Kerala, check your eligibility using our personal loan eligibility calculator to determine the maximum loan amount you can avail.
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Nationality
Indian, resident of India
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Employment
Must be a salaried employee at a reputed MNC or a private/ public limited company
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Credit score
Above 685
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Age
Between 21 years to 80 years*
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Income
Refer to our city list for minimum salary requirements
Documents required to apply for a personal loan in Kerala
To avail of a personal loan in Kerala, applicants must submit essential documents to ensure hassle-free approval. Knowing the personal loan document requirements in advance helps streamline the process. Here’s what you’ll need:
- 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
Wide range of personal loans offered by Bajaj Finance
- Travel loan – Finance your dream vacation effortlessly with a travel loan.
- Marriage loan – Cover wedding expenses without financial stress using a marriage loan.
- Personal loan for higher education – Manage tuition fees and academic costs with a personal loan for higher education.
- Medical loan – Get quick access to funds for medical emergencies through a medical loan.
- Personal loan for home expenses – Renovate or furnish your home conveniently with a personal loan for home expenses.
How to apply for an instant personal loan in Kerala
To apply for a personal loan in Kerala, follow these simple steps for a hassle-free process:
- Click on ‘APPLY’ at the top of this page to open our online personal loan application form.
- Enter your 10-digit mobile number and the OTP sent to your phone.
- Fill in the application form with your basic loan details, such as your full name, PAN, date of birth, and PIN code.
- Now, click on ‘PROCEED’ to visit the loan selection page.
- Enter the loan amount that you need. Choose from our three personal loan variants –Term, Flexi Term, and Flexi Hybrid.
- Choose the repayment tenure – you can select tenure options of 12 months to 96 months and click on ‘PROCEED’.
- Complete your KYC and submit your application.
Our representative will guide you on the next steps. The loan amount will be transferred to your bank account on the successful verification of your documents
Frequently asked questions
You can reduce your monthly EMIs by:
- Choosing a longer tenor for repayment
- Maintaining a high CIBIL score
- Negotiating with the lender for reasonable rates of interest
- Opting for flexi loans
Interest rates on your personal loan are calculated considering factors such as monthly income, credit history, loan amount, repayment tenor, etc. The Bajaj Finserv EMI Calculator can help you evaluate your EMIs, interest payable and total payable amount.
A reputed private lender, Bajaj Finserv brings risk-free personal loans. You need not pledge any asset as collateral against the loan, as it is sanctioned based on certain eligibility criteria.
If you have availed of the Flexi loan facility, there are no part-prepayment charges levied. Also, zero charges are imposed when the total paid amount in a year is below 25% of the outstanding principal.
If you have a pre-approved Insta Personal Loan offer, then there is no need to check for approvals. For our regular personal loan in Kerala, you have to fulfil certain eligibility criteria –
- Nationality: Indian
- Age: 21 years to 80 years*.
- Employed with: Public, private, or MNC.
- CIBIL Score: 685 or higher.
- Monthly salary: Starting Rs. 25,001, based on the city you live in.
You also need to submit certain documents along with your application. To know more, click here.
Our personal loans do not require any collateral such as gold ornaments or property. If you are looking for an instant loan in Kerala, our personal loan is a great option.
You can still get an instant personal loan with a low CIBIL score by applying with a co-applicant.
Yes, a person with a low salary can apply for an instant personal loan by meeting specific eligibility criteria, or by showcasing additional income sources.
The approval time can be as quick as a few minutes, with disbursal usually within 24 hours* if all eligibility requirements are met.
The interest rate for an instant personal loan starts from 10% p.a.
