Bajaj Finance Limited which is the lending division of Bajaj Finserv, is offering personal loans at lowered interest rates. The NBFC will be offering personal loans at 12.99% for loan amounts above Rs. 10 lakhs as per reports. Customers who are taking loans between Rs. 8-11.99 lakhs can get lower rates of 13.49% as well. These special rates of interest will only be available between the 9th and 13th of March, 2018.
Bajaj Finserv offers a seamless and convenient application process for personal loans. One can fill up the application online after checking eligibility. The personal loans are disbursed swiftly and come with minimal documentation requirements. There are instant approvals based on whether customers meet the eligibility criteria or not. There are loan amounts up to Rs. 25 lakhs without any restrictions on how this money is to be used. The tenor is flexible and ranges between 12 and 60 months.
Bajaj Finserv customers can also get several special pre-approved offers that offer interest rate cuts or other benefits. This makes it even easier to get a personal loan sanctioned from Bajaj Finserv. Indian citizens between the ages of 25 and 55 can apply for a personal loan from Bajaj Finserv. Only a few documents are needed including KYC documents (address and identity proof), proof of employment and bank details. The minimal documentation required is a major advantage since it makes the loan verification and approval procedure really swift. This helps people who wish to get money urgently for fulfilling their requirements. The lowered interest rates will be a boon for people and this means that they can get personal loans with lower EMIs.