A reliable way to handle large purchases


Bajaj Finserv personal loan: a reliable way to manage large purchases


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Pune, Maharashtra, India (NewsView)

Applying for a personal loan is no longer a tedious task. Customers can get a personal loan to finance major purchases and unexpected expenses from the comfort of their own homes quickly and hassle-free. By fulfilling the basic eligibility parameters prescribed by the lender, clients can get the funds into their account, making it a go-to solution when they need money.

Bajaj Finserv, through its lending and investment arm, Bajaj Finance Ltd. offers personal loans to clients with a simplified borrowing experience. From instant approval to flexible repayment options, this loan is packed with features that make it a smart way to fund big expenses.

Here is an overview of the main features of the Bajaj Finserv personal loan:

1. High value penalty for large expenses

With this loan, individuals can access funds of up to Rs.25 lakh, which helps cover all high value expenses without having to suspend a purchase or dip into one’s savings. Additionally, there is no need to pledge collateral while using the loan, making the borrowing experience seamless.

2. Quick access to funds

Bajaj Finserv offers India’s fastest personal loan – individuals get approved in minutes and paid out in the same day *. In addition, one can apply for the loan online, thus getting access to the funds without the need of long waiting period or queues.

3. Choose a repayment period according to your convenience

Bajaj Finserv offers flexible terms to help individuals stay on top of their finances. You can choose a term of up to 60 months – whatever best suits your repayment capacity. One can use the Personal Loan EMI Calculator to determine an economical EMI.

4. Pay interest only on what is used with the Flexi installation

The Flexi installation offers individuals additional convenience. With it, one can borrow against his loan limit as needed and only pays interest on the amount used. For the first part of the mandate, you can choose to pay IMEs with interest only, which allows them to reduce their IMEs by up to 45% *. In addition, individuals can make a partial prepayment of their loan, whenever they have additional funds, free of charge. In this way, individuals can reduce their interest outflows and close the loan before maturity and get out of debt sooner.

5. Online loan account management anytime, anywhere

Bajaj Finserv’s customer portal, Experia, offers several features that enhance their lending service experience. It allows you to access your repayment schedule, view your loan statement, manage your IMEs and view the terms and conditions of the loan in one place.

6. Get pre-approved personalized offers

In addition to benefiting from the convenience when applying for personal loan online, customers can also view their offer pre-approved by the lender. These offers are personalized according to their profile and their needs. To verify this pre-approved offer, customers can simply enter their name and contact details on the Bajaj Finserv website.

So customers can now tick everything off their spending list and finance them with an instant, hassle-free personal loan from Bajaj Finserv.

* Baths and conditions of application.

About Bajaj Finance Limited

Bajaj Finance Limited, the lending arm of Bajaj Finserv Group, is one of the most diverse NBFCs in the Indian market, serving over 36 million customers across the country. Based in Pune, the company’s product offering includes sustainable consumer loans, lifestyle finance, digital product finance, personal loans, loans against property, small business loans, loans for professionals, home loans, credit cards, two and three wheel loans, commercial loans / SME loans, loans against titles and rural finance which includes gold loans and vehicle refinancing loans as well than fixed deposits. Bajaj Finance Limited is proud to hold the highest FAAA / Stable credit rating for any NBFC in the country today. It is also the only NBFC in India with the international “BBB” with stable long-term outlook, by S&P Global Rating.

For more information, please visit www.bajajfinserv.in



Disclaimer: – This story has not been edited by Outlook staff and is auto-generated from news agency feeds. Source: PTI

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