Bajaj Finserv is one of the most popular non-banking financial institutions in India that offers instant personal loans. It offers loans at a lower rate of interest starting from 12.99% onwards. The borrowers can apply for the loan and can use the same for a variety of purposes such as medical treatment, home renovation, travel, wedding, or any other urgent financial requirement.
Some of the benefits that the borrowers can avail of while applying their personal loans include instant loan approval, quick disbursal, simple online application, minimal documentation, higher loan amount, and flexible loan tenure, etc.
Any individual who meets the eligibility can apply for the loan with Bajaj Finserv. Make sure you have a good credit standing to be eligible for instant approval.
Eligibility criteria
The general eligibility criteria are given as follows:
- You should be a resident of India.
- You should be at least 23 years old and a maximum of 55 years of age.
- You must have at least 3 years of work experience.
- You must have a good credit score of 750 and above.
Documents required
You will need the following documents to apply for a Bajaj Finserv Personal Loan:
- KYC documents
- ID card of the employee
- Latest 2 months' salary slips
- Latest 3 month's bank statements
The process to apply for Bajaj Finserv Personal Loan
The application process for a personal loan is simple and convenient. Proceed with the following steps to apply for Personal loans with Bajaj Finserv.
Step 1: Firstly, fill the online application form with your personal, employment, and financial details.
Step 2: Then, choose your loan amount and repayment tenure to receive instant approval.
Step 3: Once you perform the above-mentioned steps, a Bajaj Finserv representative will get in touch with you. Submit all the required information and necessary documents to him/her.
Step 4: Receive the disbursal of your loan within 24 hours of approval.
The process to track your Bajaj Finserv Personal Loan Status
It is very simple to track your Bajaj Finserv personal loan status. You can check your loan application status by following the below mentioned easy steps:
Step 1: Go to the ‘check your loan application status’ section of the Bajaj Finserv website.
Step 2: Click on the Case ID/Loan ID/File ID icon. After that, enter all the details of your personal loan such as Case ID, File ID, or Loan ID. You can find these details on your loan form.
Step 3: Click on the ‘Submit’ button to arrive at the result.
