How Will Bajaj Finserv Personal Loan Help You in Achieving Your Personal Needs?

A need for money to achieve personal desires or for really emergent needs can always come uninformed. In times like these, you may ask for the required funds from your relatives, parents, or friends. But have you ever thought that it may possible that they won’t have such an amount at such short notice? Well, keeping mind this possibility in the mind, you there is an option that will surely work for you – Personal loan facility. You can take a personal loan for all your needs from any of the banks and financial institutions across India at an affordable rate of interest.

Bajaj Finserv is one of those leading financial institutions that provide an amazing range of banking products of which personal loan is one of the best and most preferable ones. If you’re looking for funds for any of your needs such as travel funding, education for your child, medical emergency, or any other thing, Bajaj Finserv Personal Loan could be the best option for you. You could easily get a loan amount upto INR 25 lakhs with instant approval, that too, with minimal documentation. So if you want to know more about the features of this loan facility by the Bajaj Finserv, then without delaying for one second, read on!

What are those features that make Bajaj Finserv one of the best and affordable?

You can have a look at some of the most exquisite features of this loan facility below. 

  • The first thing which makes Bajaj Finserv personal loan is so within reach of the common people is the higher loan amount. You can take upto an amount of INR 25 lakhs. You also need to remember that it also depends on a lot of factors such as your monthly payout, repayment capability, past repayment behavior, etc.
  • As stated on the official website of Bajaj Finserv, you can get the loan approval in just five minutes if all the necessary documents and requirements are okay.
  • Also, you can get the loan amount into your bank account within 24 hours. 
  • If you are worried about the long and tiring documentation process, then you don’t need to. The Bajaj Finserv personal loan asks for only a few basic documents while applying for it.
  • You can choose the repayment period from the given flexible period of 60 years. Choose this period according to your repayment capability.
  • With the help of Flexi Loan, you can only take what you need at a particular period and pay upto the 45 percent lower monthly installments. The whole amount will be in your account and you can withdraw the amount you need only.

Let’s look at the Eligibility Criteria:

There are certain conditions that you need to fulfill before applying for a Bajaj Finserv personal loan. You can have a look at them below.

  • You have to be a residing citizen of India.
  • The age must be between 23 to 55 years.
  • You must be employed with a Public, Private or Multi-national company.
  • You must have a CIBIL score above 750 to take the Bajaj Finserv Personal Loan so that the lender is assured of your repayment habit.

Documents Required:

  • Two Passport-sized Photographs
  • PAN Card, Aadhar, Driving license, Passport as KYC Documents
  • Your Bank account statement of the last three months