Bajaj Finserv Markets Online Instant Personal Loan |
Loan upto 25 Lakhs |
Instant Personal Loan |
Instant Personal Loan Online
You can now avail personal loan completely online. Be it a trip to your dream destination, renovating your home with modern furnishings, your dream wedding plan or even a medical emergency, a Personal Loan will always help you fulfil your requirements. When you apply for a Personal Loan online on Finserv MARKETS, we connect you with the best lending partners in India. So, choose from our list of Personal Loan partners basis your need and convenience and make the most of it.
Avail a Loan of up to Rs. 25 Lakhs
Affordable rate of interest starts at 12.99% p.a
Other charges:
Processing fee 2% + GST
Convenience charges: Rs. 4999
Our Lending Partners
Bajaj Finance Limited
Fullerton India Credit Co. Ltd.
PaySense Partners - PayU Finance (India) Pvt. Ltd
Prefr - Powered by Hero Fincorp
Axis Bank
Muthoot Finance
SBFC Finance Pvt Ltd
CASHe
EarlySalary
Factors affecting the Disbursal Limit of Personal Loans
Here are the main factors that affect the disbursal limits of Personal Loans:
Income : Higher income level of the applicant leads to an increase in the disbursal amount.
Current EMI payable : Disbursal amount can decrease basis the higher EMI payouts.
Number of dependents : Higher number of dependents can lead to a decrease in the disbursal amount.
Requirement for Online Personal Loan Application
To apply for a Personal Loan, you must fulfill the required eligibility criteria and submit necessary documents.
Eligibility Criteria :
Following are the criteria that you must fulfill in order to apply for a Personal Loan :
You must be an Indian citizen.
You must be a salaried individual.
You must be between 25-58 years of age.
Details Required for Online Personal Loan Application :
To avail Online Personal Loan on Finserv MARKETS, all you need to do is keep the following details handy -
Net Banking details or Bank Statements - Your income details get verified using Perfios, a web-based personal finance application, in a safe and secure manner. Also using your net banking details, you will be able to setup loan repayment.
Access to Official Email ID - You may be required to verify yourself as a salaried individual. To complete your verification process, you should be able to access your official email id to verify your employer.
Identity Proof and Selfie - You will be able to complete your KYC process touch-free using our online KYC check. Details will rest secured with us.
Personal Loan Application Process
Applying for a Personal Loan online on Finserv MARKETS is simple and convenient too:
Step 1 : Check Eligibility: Know your loan eligibility by sharing your income and contact details.
Step 2 : Customize your Loan: Construct your Loan Package and don’t forget to include our unique Finserv Protection Plan to protect your loan liability.
Step 3 : Get Verified & Setup the Repayment: Verify your details & setup automatic repayments with our secured online process.
Step 4 : Money in Account: Loan will be disbursed to your account in less than 24 hours.
Personal Loan Verification Process
Here are the main steps involved in the Personal Loan verification process:
Step 1 : Your online application will be processed, once you submit the same on Finserv MARKETS website/App.
Step 2 : Post the complete processing of your online application, you must schedule a meeting, wherein the executive will verify the application details and collect your necessary documents, required for further processes.
Step 3 : Once the documents have been collected and successfully verified, the Personal Loan application will be approved and your loan will be disbursed in no time.
One Personal Loan for All Your Special Needs
Personal loan can act as financial aid to diverse requirements. Here are a few -
Wedding -
Wedding is a special event in one's life and the day deserves the best of everything. Weddings can be expensive, but with a personal loan for Wedding, you can take care of all the marriage expenses like arrangements, accommodation, decorations and make it the most memorable day of your life.
Travel -
Personal loan for Travel will help you meet the financial requirements associated with travelling. You can cover your travel expenses like that of flight tickets, booking hotels and much more. Keeping in mind that most people today travel either for holidaying or business-related activities, most banks and NBFCs offer Travel Loans at attractive interest rates.
Home Renovation -
With a personal loan for Home Renovation, you can get your home refurbished, purchase new furniture and do much more to decorate your dream home or increase the economic value of your house.
What is a Hybrid Flexi Personal Loan?
Need an urgent personal loan but worried about repayment the next moment?
We offer you Hybrid Flexi Personal Loan - the new way to fund your dreams. Enjoy principal holiday tenure, free part-payments and withdrawals! Interest rates are applied only on the amount you utilize and not your entire approved limit. Find out more about our Hybrid Flexi Personal Loan and how you can benefit from it, right here
Minimum annualized percentage rate is 13% and maximum annualized percentage rate is 26% with a flexible repayment period of 12 to 60 months. Also full repayment in 30 days or less is not allowed.
Consider a salaried customer avails a Personal Loan of ₹1 Lakh at an interest rate of 14%. The lenders also charge a processing fee, that needs to be paid to get the loan processed and is usually 0-4% of the loan amount. Consider the processing fee to be ₹2250 for a tenure of 60 months. Then, the total interest payable is ₹39,609 and total amount payable is ₹1,41,859. The EMI will be ₹2,326 per month.
The Personal Loan of up to Rs. 25 Lakhs, available on
Finserv MARKETS, is designed to meet your financial requirements. Get approval in just 3 minutes and money credited to your bank account in just 24 hours.
To avail the Personal Loan, your monthly income should be at least ₹35,000.
