Have you been searching for the best online lending company where you can apply for Personal Loans? Search no further because, with an online platform like Bajaj Finserv, you can apply for a Personal Loan without any collateral. Bajaj Frinserv is amongst the leading NBFCs that offer its customers free Collateral Personal Loans at an affordable rate which is as low as 13.00 % p.a. However, aside from Personal Loan, Bajaj also offer other loans like Home Loan Balance Transfer, Business Loan, Car Loan Education Loan and Loan against Property. The Bajaj Personal loan is, however, one of the most sorted after loans on the platform.
Meanwhile, Personal Loan by Bajaj comes with several amazing benefits and features which you won’t find in other online lending service providers. Unlike other Personal Loan lenders that allow you to go through a long application process to access its service. Bajaj doesn’t require you to go through a long process; its online application process is easy and simple to go about. You can apply for a Personal Loan with Bajaj and get approval on your loan application on the same day. It is fast and convenient to use the service and no collateral. In other words, you don’t need a guarantor or collateral to get a personal loan with Bajaj.
Bajaj Personal Loan Eligibility
In order to get access to Bajaj Personal Loan, you need to meet its Eligibility requirement. There are several requirements that each applicant must meet before he or she can apply for a personal loan. These requirements include;
- To apply for Bajaj Personal Loan, you must be 21 years to 67 years
- Employment; MNC, Public or Private company
- Nationality; Indian
- You must have a stable income at least Rs.25,000 or higher and this based on your city of employment
- CIBIL Score; 750 or higher
If you have the above-listed Requirement, you can apply for the Bajaj Personal Loan and get approved within minutes. Note that; the document needed for a personal loan for all salary earners includes; your KYC document such as Driving License, Voter’s ID, Pan, or Passport. Also, your bank account statement for about 3 months, salary slips for two months, and an employee ID card will be required.
How Much Can I Borrow With a Personal Loan From Bajaj?
On the contrary, Bajaj allows customers to borrow up to Rs.25 lakh and the loan amount depends on your eligibility. In other words, to apply for loans higher than Rs.25 Lakh, you need to meet the Service Eligibility requirement. You can also check your eligibility by using its Personal Loan Eligibility Calculator. Once you have checked your eligibility, you can proceed to apply for its loan and use the fund for your desired purpose.
How to Apply for Bajaj Finserv Personal Loan
If you wish to apply for a Bajaj Personal Loan, you can go through the process without hassle once you have the required documents and you’re eligible. Its application process as stated above is easy and very simple to go about. However, we will be providing you with the steps and guidelines to follow in order to apply for a Personal Loan with the platform. Below are the steps and guidelines to follow;
- Visit the official website of Bajaj Finserv
- Tap on Apply Online and you will be directed to the Online application Form page
- Enter your details and verify the OTP sent to your mobile device
- Input your KYC and Income data
- Select the loan amount you want to borrow
Lastly, tap on submit to submit your application. Once you have submitted your online application form for the Personal Loan. The Bajaj representative will contact you for the next step to follow and the fund will be transferred to your account in 24 hours.