How to apply for Personal Loan
Are you looking to avail a personal loan, but don’t know where to begin? Bajaj Finserv, one of the most diversified non-banking financial companies (NBFCs) in the country, offers personal loans up to Rs.25 lakh at attractive interest rates and flexible tenor.
Simply follow our step-by-step guide to apply for a personal loan and simplify your application journey:
Step 1: Choose How you want to Apply
Lenders today offer two modes to apply for a personal loan: Offline and online. An offline approach to your loan application involves you visiting your lender’s branch and submitting all documents physically. Applying for personal loans online is simple, hassle-free, and usually takes lesser time as well.
Step 2: Fill in the Application Form
If you’re applying for a personal loan online, Fill up the Application Form with all the necessary information including your contact details, place of employment, PAN, and address.
Step 3: Submit the Necessary Documents
Once you complete filling the online application form, you will be asked to submit your documents for verification.
Bajaj Finserv requires the Following Documents:
- Identity proof – Passport/ Voter ID/ Driving license/ PAN/ Ration card
- Address proof – Passport/ Voter ID/ Driving license/ PAN/ Ration card/ Letter from employer
- Employment proof – Employee ID card
- Bank Statements – 3 months’ salary account statement
- Salary Slips – last 2 months’ salary slip
Step 4: Confirm Vendor Verification
Confirm the date and time for lender verification and once this is done, read the loan agreement carefully before signing it. If all your details meet the lender’s eligibility criteria, the money will be disbursed to your bank account within just 48 hours.