When it comes to acquiring money to manage an emergency, especially those related to your health or business, every second counts. And while using your savings may seem like the go-to solution to manage the costs, you face the risk of running dry or having insufficient funds. During such time-sensitive moments, an instant personal loan can be a great financial option to help you remedy a financial shortfall quickly.
In fact, lenders like Bajaj Finserv are bringing instant financing for eligible pre-approved customers, offering quick access to funds via their 100% digital disbursals and a completely online process. Furthermore, with paperless approval and minimal documents required, customers can get quick access to loans – in 20 minutes or less.
Read on to know how a Bajaj Finserv Personal Loan can help you resolve your financial emergencies in a timely fashion, right from the comfort of your home.
1. Get ample funds for emergencies
Bajaj Finserv offers you a high loan amount as per the pre-approved loan offer you are eligible for. Using this sanction, you can remedy emergencies that crop up without hassle, as there are no restrictions on how you spend the money. You can stop high-interest debt from snowballing, tend to a business need, or even pay off your medical bills.You could also use a portion of the loan or more to foot unplanned home renovation.
2. Obtain instant finance without collateral
The nature of emergencies is such that they come with no warning.In such cases, an instant personal loan from Bajaj Finserv is a good solution as it offers collateral-free finance. So, you do not have to worry about identifying an asset or gathering documents for asset valuation.You can focus your energies on resolving the emergency at hand.
3. Avail a loan in 20 minutes with just 2 clicks
As an eligible Bajaj Finserv customer, you can access a high loan amount for emergencies through a pre-approved loan deal. Thanks to a simple and speedy no-touch process, you get paperless approval and money in the bank in 20 minutes via a 100% online disbursal. You just need to verify an online, pre-filled loan application form. Once you review and submit it, you get finance in just 2 clicks.
4. Save time and effort – there are no documents required
In an emergency, particularly a medical one, you may not have the time to run around from pillar to post,completing formalities and collating documents. However, by availing a loan through your pre-approved offer from Bajaj Finserv, you can save the legwork and the hassle thanks to its convenient online process. Plus, if you have an existing relationship with Bajaj Finserv, you can benefit from the paperless process too.
5. Be assured of no inflating hidden costs
While arranging funds in a financial emergency, you may forget to read the fine print, which may later surprise you with hidden charges that increase the cost of your loan. However, with a Bajaj Finserv Personal Loan you need not worry about hidden charges and can get a breakdown of all associated costs, like processing fees and pre-payment charges, to arrive at the total cost of borrowing.
6. Repay your loan easily with a flexible tenor
Bajaj Finserv allows you to choose from a flexible tenor ranging up to 60 months as per your convenience. Planning for repayment is crucial to borrowing prudently and with a flexible tenor, you can tailor your instalments to your monthly budget and income.
With all these benefits up for grabs, the Bajaj Finserv Personal Loan can help you address emergencies as they arise.You can use the personal loan EMI calculator to get an idea about your loan repayments and manage your finances with ease.
All you need to do to get the best personal loan in India is to check your pre-approved offer to access finance in an instant.
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