With disbursal in 24 hours, Bajaj Finserv offers India’s fastest personal loan
Experience fast finance like never before with Personal Loans from Bajaj Finserv. One of India’s most diversified non-banking financial companies (NBFC), Bajaj Finserv is offering personal loans with instant approvals and disbursals within 24 hours!
Whether it is a last-minute holiday or addressing an urgent medical emergency, a personal loan offers quick and affordable financing. And this latest offer on personal loans by Bajaj Finserv – instant approval, same day disbursal, at low rates of interest – redefines easy access to credit. Simply fill up the personal loan application form online, submit your documents, and receive the money in your bank account within 24 hours!
While most banks and NBFCs today claim to offer personal loans with a relatively short turnaround time, this service is usually reserved for existing customers. Bajaj Finserv, on the other hand, offers personal loans with lightning-quick disbursals to everyone who meets the eligibility criteria.
What makes this special?
A personal loan that is approved in minutes and disbursed within 24 hours offers you a number of conveniences:
- It lets you tackle last-minute expenses easily
- It gives you a way to address emergency needs for finances
- It allows you to meet monetary deadlines without any hassles, such as submitting education fees for your child
Take a look at the other advantages you can enjoy should you choose Bajaj Finserv’s Personal Loan.
High loan amount
Whether it is an unforeseen medical expenditure or funding your child’s higher education, Bajaj Finserv Personal Loan gives you access to funds up to Rs.25 lakh. There is no restriction on how you can use this amount.
To ensure that the loan doesn’t become a financial burden, Bajaj Finserv offers a flexible tenor that ranges from 24 months to 60 months. Depending on your repayment ability you can pick a tenor that is suitable for you.
If you’re an existing customer with Bajaj Finserv, getting access to a personal loan is even easier. You don’t have to go through the entire application process a second time. Instead, the loan will be available to you on a pre-approved basis.
If you’re an Indian citizen between the ages of 25 to 58 years of age you can apply for Bajaj Finserv’s Personal Loan with great ease. You only need to submit a handful of documents including your bank details, KYC documents and proof of employment to apply for the loan. The minimal documentation speeds up the application process further.
Personal Line of Credit (LOC)
ATMs offer incredibly easy access to your money no matter where you are or how much money you want. A Line of Credit from Bajaj Finserv works in a similar manner. Just like you are sanctioned a loan amount, you can get access to an LOC up to a certain amount.
You can withdraw money from this LOC as many times as the need arises. There is no limit on the number of withdrawals that you can make or the frequency at which you can make them. Additionally, interest on an LOC is payable only on the amount used by you, and not on the total amount sanctioned.
The interest is the only component that is payable on a monthly basis as EMI, while the principal is payable at the end of the tenor. If you want to, you can convert an LOC to a term loan at any given point. Also, you can make part prepayments towards your LOC principal at no extra charge. This helps you manage your finances better and take care of those unpredictable expenses.