Finding money is simple. All you need is an account with a bank and the interest rate of your choice. However, disbursing loan amount to the borrower can be an intricate task. It requires great skill and effective planning.
To make loan disbursal smooth and hassle-free, most banks use loan managers. But if you are looking for personal loan options which give you flexibility in tenure and interest rate, then look no further than Bajaj Finserv personal loan. We talk about the benefits of personal loans from this bank in our blog.
Unlock the Benefits of Bajaj Finserv Personal Loan
Bajaj Finserv personal loan is a loan offered by the bank that helps you finance your personal expenses. The rate of interest varies depending on the loan amount and tenure. To avail personal loan from Bajaj Finserv, you need to open an account with the bank and obtain loan amount as required. You can avail personal loan for any purpose such as education, marriage, medical expenses and more.
– No collateral required for personal loan
– Flexi interest rate options available
– Easy repayment tenure
– Substantial interest rate discounts
– Best interest rate loans
The bank offers a wide range of benefits such as zero collateral, quick disbursal, doorstep document collection and delivery of loan cheque. With Bajaj Finserv personal loan, you can easily finance your personal expenses without worrying about high interest rate or collateral requirements. Get a personal loan now with Bajaj Finserv!
Get Instant Approval & Disbursal
– Get an instant personal loan with Bajaj Finserv by meeting the eligibility criteria of being an Indian resident aged between 23 to 58 years, having a CIBIL score of above 750, and providing necessary KYC and financial documents
– Funds are disbursed to the customer’s account within 24 hours of approval
– Loan amount of up to Rs. 25 lakh available with flexible tenures ranging from 12 to 60 months
– Processing fees of 3.93% of the loan amount will be deducted from the sanctioned loan amount
– Interest rate for personal loan is 13% on loan amount of up to Rs. 2 lakh and 15% on loan amount between Rs. 2 lakh and Rs. 5 lakh
– Attractive personal loan interest rates starting at 13%
Bajaj Finserv offers personal loans disbursing funds in as little as 24 hours. Customers can avail personal loans with interest rates ranging from 13% to 15%. The tenure of personal loan ranges from 12 months to 60 months. Also, processing fees of 3.93% of the loan amount will be deducted from the sanctioned amount. Thus, customers can get an instant personal loan approval and disbursal through Bajaj Finserv’s hassle-free E-platforms.
Enjoy Low-Interest Rates & Flexible Tenure
Bajaj Finserv Personal loan offers interest rate of 13% p.a. for personal loan tenure of up to 5 years. A borrower can avail a loan amount of Rs 25 lakhs for a flexible tenure of up to five years. The EMI of a personal loan is calculated as the sum of interest and principal amount. A borrower needs to shell out processing fee of up to 4.13% of the loan amount + GST in addition to interest rate on personal loans. On the other hand, instant disbursal is offered to existing customers of Bajaj Finserv bank account with a valid ID proof within three working days of applying for personal loan.
Get Your Loan in 4 Easy Steps
If you are an employee of a private or public organisation, or an self-employed person with a CIBIL score of 750 or higher, and you are looking for a personal loan of up to Rs.35 lakh, then you should consider availing a personal loan offer from Bajaj Finserv. With loan amount ranging from Rs.2 lakh to Rs.35 lakh, the loan tenure of 84 months with no need for a guarantor or collateral, flexible tenures of up to 84 months, attractive interest rates, and repayment tenure of 15 years, it is clear that Bajaj Finserv offers one of the best personal loan deals in the market.
Get your personal loan now with Bajaj Finserv!
Bajaj Finserv is now offering personal loans to individuals and businesses in India.
In addition to personal loans, Bajaj Finserv is now also offering personal loans to individuals and businesses in India. These loans are available through the bajajfinserv.in website and are processed through bajaj finserv credit score bureau. Reviews of the Markets Personal Loan product have been published and loan officers have positive ratings across categories such as skill development, work-life balance, salary and benefits, and job security. The company is powered by bajajfinserv.in.
What are the benefits of getting a personal loan from Bajaj Finserv?
Bajaj Finserv is one of the leading personal loan providers in India. They offer personal loans to customers with pre-approved offers and flexible tenure of up to 5 years. You can borrow as a regular Term Loan or with an option to repay flexi-interest only installments for some time.
The loan amount that you can borrow ranges from ₹25 lakh to ₹1 crore. Additionally, Bajaj Finserv is currently running a special offer where you can get gifts worth upto ₹18,490 on disbursal of loan. So, go ahead and apply for a personal loan today!
How long does it typically take for Bajaj Finserv to process a personal loan application?
Typically, Bajaj Finserv disburses the loan amount within 24 hours of approval. Processing fees are usually 3.93% of the loan amount. The personal loan tenure offered by Bajaj Finserv ranges from 1 month to 5 years with a repayment tenure of 60 months (5 years). Eligibility criteria for a personal loan includes age, minimum monthly income, credit score and work experience. Bajaj Finserv calculates the EMI of Personal Term Loan as Term Loan EMI = Interest + Principal.
There is no doubt that getting a personal loan from a bank or any other financial institution can be quite a hassle. But, with the constant changes of loan eligibility criteria, approval times, and interest rates, it is difficult for borrowers to find the best loan for their needs. However, with online personal loan options such as Bajaj Finserv loans, borrowers are able to get instant approval and disbursal of personal loan amount without compromising on loan tenure or interest rate. So, if you are looking for a personal loan amount of up to ₹50 lakhs or above, apply now!