Pune (Maharashtra) [India], October 17 (ANI / BusinessWire India): With the holiday season approaching, everyone faces a number of expenses large and small. And while the smallest expenses won’t hurt someone’s savings, it’s the larger expenses that can be a barrier if you don’t have the right planning and support in place.
This is precisely where an online personal loan can come in handy. Getting one is quick and easy, and customers can request one from the comfort of their own homes. And the best part, one can use the funds to meet almost any requirement – from remodeling their home before the festivities, to managing the down payment for a large purchase, and more.
Bajaj Finance Limited, the lending and investing arm of Bajaj Finserv, offers personal loans, which can be applied for and used online in minutes without any collateral. This loan comes with many advantages, which make the whole borrowing experience transparent:
Loan up to Rs 25 lakh
With large funds of up to Rs.25 lakh on hand, customers can easily tick off all items on their spending list. Plus, as an existing customer, you can access these funds the same day * after approval.
Simple eligibility and documentation process
Despite their unsecured nature, most personal loans have simple eligibility parameters and only need them to submit their basic documents. Customers can get Bajaj Finserv personal loan if they meet the following parameters:
Must be between 25 and 57 years old
Must be employed in a public / private or multinational company
Must be an Indian citizen, residing in the country
In addition, the required documents are also minimal:
KYC documents
Employee ID
Pay slips for the last 2 months
Salary statements for the last 3 months
Flexibility to manage and reimburse
Bajaj Finserv also offers the Flexi facility, which makes it even easier to manage and repay your personal loan. With this facility, one pays interest only on the amount used of the total limit of his loan. In addition, IMEs can be paid with interest only for the first part of the term, reducing their payments by up to 45 percent *.
There is no limitation on the number of times one can withdraw and prepay a portion of their allocated amount, which is especially beneficial when spending is intermittent. In addition, there is no charge on the partial prepayment of his loan.
All these features, along with the flexible repayment term of up to 60 months, make this personal loan a smart and reliable solution.
Applying for a Bajaj Finserv personal loan is simple and can be done in minutes. Customers need to fill in some basic information on the form, enter the loan amount and loan term they need and submit the necessary documents to the representative, who will contact them.
Customers can also view their pre-approved loan offer to speed up the loan process. One can view their pre-approved offer on the Bajaj Finserv website, submit their name and contact details and see the loan amount set aside in just 3 clicks *.
To conveniently cover all expenses this holiday season, choose a personal loan from Bajaj Finserv.
This story is provided by BusinessWire India. ANI will not be responsible for the content of this article in any way. (ANI / BusinessWire India)