A personal loan is a non-collateralized loan that is intended for the fulfillment of a multitude personal needs like medical expenses, marriage related expenses, for an overseas vacation, or paying the college or university fees, to name a few. If you are a resident of Mumbai and are on the lookout for a suitable personal loan scheme for yourself, you can consider availing the personal loan in Mumbai from Bajaj Finserv.
Bajaj Finserv is one of India’s leading Non-Banking Financial Companies (NBFCs)-it provides financial services that include lending, wealth and asset management services as well as insurance.
Given below are a few features of the personal loans offered by Bajaj Finserv that could be of great advantage to the loan applicant:
Online Approval in Minimum Time
Bajaj Finserv provides personal loans of the range of Rs 25 lakhs to eligible candidates. Application process is very simple- you can simply fill up the form online from their website. The application gets approved in minimum time- you can expect your application to receive approval in less than 5 minutes, provided you satisfy the eligibility criteria and your documents are as per the requirements.
Easy Online Access to Loan Account
You get convenient, online access to your loan account. So, you need not visit a branch that could be at the other end of Mumbai for every small detail you wish to know regarding your personal loan- Bajaj has brought management of all aspects of your personal loan to your fingertips.
Also Read: Points to Ponder on Before Availing a Personal Loan in Mumbai
Option of a Personal Line of Credit
This handy feature allows you to draw funds from a dedicated credit limit for a particular tenure as per your needs. This instrument is highly useful when you are not sure of the loan amount you need to borrow. Interest is to be paid on the amount borrowed, during the tenure. The amount you borrow, i.e. the principal of the personal loan is to be repaid after the tenure ends.
These are just a handful of features you can take advantage of; apart from these, there are other benefits as well that you can avail with a personal loan from Bajaj Finserv.
Aman Khanna is an experienced financial advisor who is well known for his ability to foretell the market trends as well as for his financial astuteness. He has an MBA in finance from Toronto University as well as years of experience delivering seminars on sound financial practices and debt management.