News Analysis India

Tag: financial goals

  • Plan your big expenses this new year with a Personal Loan EMI Calculator

    Online MI

    The beginning of the year is also the ideal time to plan your home’s renovation, buy a car, arrange funds for a grand wedding, take courses to upskill yourself professionally, and meet other goals in 2022.

    Managing all these expenses can chip away at your savings. However, by taking a loan smartly, you can easily meet all your monetary needs. A personal loan doesn’t require you to risk any assets for funds and has simple eligibility criteria to meet. When you find a suitable personal loan, apply online to save time and add convenience.

    Use a personal loan EMI calculator to calculate personal loan EMI and plan your loan with ease. It helps you compute your monthly instalments as per the loan amount and tenor, so you have an affordable experience. Using a personal loan EMI calculator, you can also compare and choose the best loan offer as it shows you how a small change in interest rate affects your EMIs.

    Read on to know how a personal loan helps with big expenses this new year.

    Book the perfect family vacation with a large sanction

    In this new year, start planning your vacationand do so without any financial restrictions. You can access a large sanction with a personal loan, as much as Rs.25 lakh. This allows you to plan extravagant vacations, be it to incredible destinations in the hills, tropical beaches, spots frequented by tourists or places off the beaten track. What’s more,you do not deplete your savings by borrowing smartly. The sanction can be used to cover all your travel-related expenses without restrictions.

    Qualify easily and give your home a brand new look

    You may have plans to remodel and renovate your home as the new yearrolls in. Be it a fresh coat of the brightest paint, newinstallations for your home, or a complete overhaul of the living room, you can fund all these undertakings easily. This is because you don’t have to jump through hoops to qualify. All you have to do is meet simple criteria, which usually are:

    You must be a citizen of India, aged between 21 to 67 years*.
    You must work in a private or public company, or an MNC
    You must have a CIBIL score is at least 750
    You must maintain the city-specific income requirements
    Receive same-day disbursal and fund a grand wedding

    A smart way to prepare for the special day is to avail of funds via a personal loan effortlessly. Financial hitches during wedding preparations are a major inconvenience, but with the right lender, you can avoid this problem altogether. You can even get same-day disbursal with top-tier lenders, making it a smart choice even if you have last-minute expenses you weren’t prepared to make. What’s more, withdisbursal within 24 hours*, you never have to delay or postpone a payment. This means you can lockin your desired vendors, make advance payments, or handle other issues easily.

    Consolidate a high-interest debt and pay lower interest

    Going into the new year to clear your debt is a good resolution. With the right personal loan, you can make this happen. Certain lenders have competitive personal loan interest rate offers and allow you to choose a tenor of up to 5 years.So, if you are servicing high-interest debt, you can opt for a lowinterest personal loan and consolidate it cost-effectively. With the help of apersonal loan interest calculator, you can choose terms that are convenient for youand handle repayment in a stress-free manner.

    Today, applying for a personal loan has become very easy, especially with features like the personal loan EMI calculator. You can compare the sanction and monthly installments with interest rate and tenor and choose the best lender. For instance,with a Bajaj Finserv Personal Loan, you can get a large sanction of up to Rs.25 lakh to fund your big expenses.

    By meeting just a few eligibility criteria, you can receive the loan amount in your account in no time. If any situation affects your savings or cash flow, you can lower your EMIs by up to 45% with the Flexi facility. You also get a long tenor of 5 years for repayment. Without delaying further, check your pre-approved offer and apply online.

    *Conditions apply

    Also Read:-

    Give your home a new look with the Bajaj Finserv Home Improvement Loan

    Get instant approval on personal loans in just a few minutes

    YouTube Video Link

    Disclaimer: This content is distributed by Bajaj Finserv Ltd. No TNIE Group journalist is involved in the creation of this content.

  • Get instant approval on personal loans in just a few minutes

    Even with savings or an emergency fund, having an adequate corpus set aside for such expenses can be challenging. Thankfully, you can always rely on an instant personal loan for such needs.

    Lenders like Bajaj Finserv offer personal loansthat are easy to avail of, offer a large loan amount at attractive interest rates.  To know how you can get a Bajaj Finserv Personal Loan, read on:

    Meet all the instant personal loan criteria

    To avail of an instant personal loan, you must qualify for it. This means you have to meet the personal loan eligibility criteria and ensure that your profile isn’t lacking in any way. The best personal loans are usually those you can get easily, which is possible if the lender has lenient requirements.

    Bajaj Finserv is one such lender with whom you don’t have to worry about meeting a long list of terms. To highlight how simple it is to qualify, here are the instant personal loan parameters you need to meet:

    You must be between the ages of 20 and 60 years
    You should have a CIBIL score of at least 750
    You must be a citizen residing in India, employed at a reputable MNC, private, or public company
    You must meet the city-specific annual income requirements
    Maintain an excellent CIBIL score

    Your CIBIL score is based on your credit history, and lenders refer to it when assessing your creditworthiness. Since these quick loans are unsecured instruments, your credit score is a particularly important criterion. If your score is too far below the minimum requirement, you may not qualify for an instant personal loan. Ideally, you should maintain a score of at least 750, as this gives you the best chance at instant approval. Before you apply for such a loan, check your CIBIL score. Get your credit report as well and check for mismatches or discrepancies. Addressing these can improve your score and increase your chances of instant approval.

    Gather the required documents

    To process your loan application, all lenders require documents. Bajaj Finserv has optimised this part of the process and only needs you to submit basic paperwork. These include:

    KYC
    Financial statements

    Income documents

    Proof of employment

    Gathering these simple documents and having digital copies ready is the best way to prepare. Once you apply, you may be required to upload these documents digitally. This is the quickest way to get processing underway and enjoy instant funding. To make things even better, certain customers may not be required to share any additional documents. This paperless process further expedites loan processing, approval, and disbursal. 

    Avail of a pre-approved loan offer

    The best personal loans to avail of are those that have a pre-approved offer ready for you. Here, you don’t have to apply for the loan, and you enjoy the benefit of instant access to funds. Bajaj Finserv offers such a provision, and all you have to do is:

    Log on to the personal loan page on the website
    Check your pre-approved offer
    Agree to the terms of borrowing
    Authorise disbursal
    Everything can be done in just a few clicks and within minutes. In fact, with a pre-approved loan offer, you could get money in the bank in just a few hours.

    These tips will ensure that you don’t face any problems or hitches when using quick loans. However, if you do not have a pre-approved offer, follow this straightforward step-by-step guide.

    Steps to get the Bajaj Finserv Instant Personal Loan

    Bajaj Finserv has streamlined your access to funds. Today, you can get started digitally and enjoy the whole experience entirely online. To enjoy such a benefit, follow these steps.

    Visit the Bajaj Finserv Personal Loan website
    Click on ‘APPLY ONLINE’
    Fill the easy online form with:
    Personal details
    Financial details
    Employment details

    Enter the loan amount required and the tenor
    Await contact from an authorised representative for verification
    Upload the required documents
    Get approval for an instant personal loan
    Receive disbursal with a few hours
    The best personal loans are those that have simple, time-efficient processes. Bajaj Finserv allows you to enjoy this benefit with their instant personal loans. The optimised loan application provision combined with the intuitive and interactive website makes accessing funds simpler than ever. Even if you aren’t tech-savvy, you’re sure to enjoy a hassle-free experience with Bajaj Finserv. Get access to an instant personal loan atcompetitive rates and solve all your urgent funding problems with ease. To get started, apply online.

    Disclaimer: This content is distributed by Bajaj Finserv Ltd. No TNIE Group journalist is involved in the creation of this content.

  • Meet your financial goals with ease with an instantpersonal loan

    During these months, people usually venture out on new adventures and lay the foundations for their future goals. From Navratri to Diwali and beyond,this is the time for new beginnings.And many take the opportunity to fulfil their dreams during this time.

    When it comes to your financial goals, leave no stone unturned.Take advantage of instant approval, quick disbursal, and flexible repayment options on personal loans. Loaded with features, this instrument is the perfect addition to your financial toolkit.

    Read on to know how a personal loan, like the one offered by Bajaj Finserv, can help you get the funds you need to achieve your goals.

    Qualify easily and spend more time enjoying the festivities

    Generally, loan processes and procedures require a fair bit of time and effort. You may need to do some legwork and even visit the lender multiple times to get things in order. This can be a hassle and cause you to miss out on quality time with your family and loved ones. 

    Thankfully, this isn’t a problem with the Bajaj Finserv Personal Loan. You don’t have to jump through hoops to qualify or get approval. Meet the lenient criteria, apply online, and submit basic paperwork. Everything can be handled digitally and in just a few clicks. Bajaj Finserv also offers instant approval in just a few minutes, and you could even benefit from same-day disbursal too! 

    Access a sizable sanction and handle any expense

    Bajaj Finserv offers a personal loan sanction that ranges up to Rs. 25 lakh. This sizable sum can comfortably handle a wide array of purchases and can even be used to fund certain financial goals! For instance, you could use the sanction to:

    Host a wedding
    Buy the latest home appliances and gadgets
    Renovate your home
    Purchase travel tickets
    Fund overseas education
    The loan has no spending restrictions, and you can use it to fund any expense. This includes business-related goals, medical emergencies, and debt consolidation too! 

    Make repayment a breeze with a flexible tenor

    Amid the festivities, the last thing you need to worry about is your debt obligation. With a Bajaj Finserv Personal Loan, such concerns are a thing of the past as you get access to a flexible tenor. You can opt for a repayment plan that ranges up to 60 months, and this is plenty of time to handle short-term debt. To find the best terms for yourself, use the specialised EMI calculator and identify EMIs you can easily manage. Besides tweaking repayment to suit your budget, you can use the personal loan interest calculator to optimise your interest outgo as well. This way, you can save money while you repay your loan. The flexible tenor allows you to handle payments easily while ensuring you never have to worry about defaulting. 

    Enjoy an affordable and cost-effective borrowing experience 

    When it comes to the festive months and the period following them, it is quite common to shop for a bargain. Top retailers, brands, and service providers launch their seasonal deals, and you can be assured of an affordable experience during these times. While you look for the best deals, make sure you take advantage of personal loan interest rates.

    This makes it an ideal option regardless of the expense, and you can rest easy knowing you’re getting a deal. Applicants with a strong financial and credit profile may even access the loan at better rates. Perks like these are available to borrowers with an excellent CIBIL score, so be sure to apply with a CIBIL score of at least 750. 

    Achieving your goals is easiest when you have financial backing from a leading lender. The Bajaj Finserv Personal Loan is optimised at every step and guarantees a convenient experience. This is crucial, especially during the key festivals, as you don’t want to run into a cash crunch that can disrupt your plans. What’s more, the affordability it offers helps you borrow freely without worrying about any negative impacts on your savings. 

    So, make life a lot easier and get a Bajaj Finserv Personal Loan. Apply online for the quickest experience and get disbursal within 24 hours* of approval. To get started right away, check your pre-approved offer and enjoy hassle-free access to funds.  

    *Terms and conditions apply

    Disclaimer: This content is distributed by Bajaj Finserv Ltd. No TNIE Group journalist is involved in the creation of this content.