Unexpected costs could throw off your calculated financial forecast, putting you under tremendous strain. In such cases, instant personal loans come in handy for those looking to meet a variety of expenses. If you want to get an instant personal loan without having to submit documents, you should look at pre-approved loan options that are accessible to you.
Insta personal loans from Bajaj Finance provide pre-approved offers of up to Rs 12,76,500. Select customers may not be required to submit any documentation, such as proof of income in the form of salary slips or bank statements. Depending on the profile, certain customers may be required to submit basic paperwork to proceed with the application.
Here’s how you can get a Rs 20,000 loan without documents from Bajaj Finance:
- Visit the ‘Insta Personal Loan’ page on the Bajaj Finserv website.
- Click the ‘Check Offer’ button on the page to open the online form.
- Enter your 10-digit mobile number and the OTP to verify your profile.
- At this stage, an offer with a pre-assigned lending limit will appear on your screen. You will be presented with the option of accepting it or selecting a lower amount.
- Choose the loan tenure that works best for you.
- Complete the online form by clicking on ‘Proceed’.
Depending on whether you are a new or an existing customer, the online process may differ. Some customers may be required to provide additional documentation to complete their Insta Personal Loan application.
Here are some noteworthy benefits of an insta personal loan:
- No need for income verification, no additional charges
Some of the existing customers are eligible for an Insta Personal Loan without providing any paperwork, such as KYC documents or proof of income. Additionally, the entire procedure is carried out with utmost transparency. All loan fees and charges are detailed in the loan agreement and on the company’s website. There are no additional fees.
- Pre-assigned borrowing limits
You can find out the amount you are eligible to borrow without having to complete a lengthy application. An existing customer can be given a pre-approved loan limit, while new customers can instantly obtain their pre-assigned loan limit. Simply enter your mobile number and the OTP to see if you have been pre-approved for an Insta Personal Loan.
- Rapid disbursal process
The disbursal process of an Insta Personal Loan is expedited, akin to the streamlined efficiency of airport green channels. Funds are credited into your bank account within 30 minutes to four hours of application, ensuring immediate access to funds.
- Flexible repayment tenures
Insta Personal Loans have flexible repayment terms ranging from 6 to 63 months. This allows you to choose the duration that best matches your repayment capability. Select a repayment schedule that corresponds to your financial circumstances to ensure you are comfortable with the arrangement.
- No requirement for collateral
An Insta Personal Loan is a collateral-free loan that does not require a guarantor. This unsecured loan does not require you to pledge your assets, such as gold jewellery or real estate documents, making it a practical and accessible financial solution for those in need of urgent finances.
In a world where financial requirements can be unpredictable, the Bajaj Finance Insta Personal Loan is a fantastic choice for customers to manage their unplanned expenses comfortably. You can also make use of the Insta Personal Loan EMI calculator available on the Bajaj Finserv website to plan your finances efficiently. Just enter your preferred loan amount, loan tenure, and interest rate and calculate your EMIs instantly.
Visit the Bajaj Finserv website today and check your pre-approved offer in a hassle-free manner.
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