Insta Personal Loan | Apply for an Instant Loan Online - Bajaj Finance Limited (2024)

*Terms and conditions apply.

Read more about the features of Insta Personal Loan.

Understanding Insta Personal Loan

If you are an existing customer

Our existing customers enjoy the benefits of pre-approved loan offers. These offers come with pre-assigned limits. You don’t need to complete an application to know how much loan you are going to get. You can get this information by entering your mobile number and OTP.

If you are a new customer

We have created a service wherein anyone with a valid mobile number can check for an Insta Personal Loan offer. These offers come with pre-assigned limits. However, we may need additional documents to complete the Insta Loan process.

If you don’t see an offer

In the above cases, if you do not see an Insta Loan offer or need a higher loan amount than the pre-assigned limit, you have the option to go through our regular online application process that takes less than 5 minutes.

A loan for all your goals

• Higher education can become an expensive affair even if you have an education loan. use our Insta Personal Loan for higher education to cover various additional costs such as stay, travel, extra courses and materials, and so on.
• Our Insta Personal Loan for medical emergency is a quick and effective way to manage expenses for a medical issue without stress.
• Weddings can have unpredictable expenses, often at the last minute. Be it booking a different venue, or making an urgent vendor payment, our Insta Personal Loan for wedding can be a lifesaver.
• Make urgent repairs for your house, or start the renovation work you have been putting off – with the help of our Insta Personal Loan for home improvement.

Check your offer today and manage your financial expenses without stress.

Age: 21 years to 80 years*

*Higher age limit applicable at the time of loan maturity.

The online process may differ depending on whether you are a new customer or have an existing relationship with us.

Note: Some customers may need to submit additional documents to complete their Insta Personal Loan application process.

For Micro Finance Loans, please note below:

Purchase of any non-credit product by the microfinance borrowers is purely on a voluntary basis. Minimum interest, maximum interest, and average interest are 13%, 32%, and 35.40% per annum respectively. Part-prepayment and foreclosure charges are NIL. {Average interest rate is higher than max interest rate, because maximum interest rates was reduced effective 02 May 2024 however average interest rate is computed on a volume weighted basis for last quarter (Apr'24 - Jun'24)}

An Insta Personal Loan is a pre-sanctioned offer; wherein the lender has already evaluated your credit history to check your creditworthiness. Since the initial approval process is already done, Insta Personal Loans are processed faster. With a Bajaj Finance Insta Personal Loan, you can expect the money in your account within 30 minutes*.

Read on: All you need to know about Insta Personal Loan

*Terms and conditions apply.

Bajaj Finance Limited offers Insta Personal Loans to its existing as well as new customers. The benefits of choosing an Insta Personal Loan include:

• Faster processing: You do not need to go through a lengthy approval process associated with regular loans.
• Instant funding:Since you are screened for your creditworthiness beforehand, the loan disbursal process is significantly shortened. You can get the funds you need in as little as 30 minutes*.
• Flexible tenures:With Insta Loans, you can pick a convenient repayment tenure ranging up to 63 months.
• Minimal documentation:Insta Personal Loans require minimal documentation for loan processing.

*Terms and conditions apply.

You can check your offer using the following steps:

1. Click on ‘CHECK OFFER’.
2. Enter your 10-digit mobile number and OTP.
3. Once verified successfully, your pre-approved personal loan offer details will be displayed on your screen.

Read more: How your Insta Personal Loan offer amount is decided

Getting an Insta Personal Loan from Bajaj Finance is simple. You only need to follow the steps below to get an offer.

1. Click on ‘CHECK OFFER’.
2. Enter your 10-digit mobile number and OTP.
3. Go with the pre-assigned limit or choose a different loan amount.
4. Choose a repayment tenure that suits you best.
5. Click on ‘PROCEED’ to complete the online process.

The online process may differ depending on whether you are a new customer or have an existing relationship with us.

Check your Insta Personal Loan offer

*Terms and conditions apply.

We look at several parameters before preparing your Insta Personal Loan offer, including your credit score, financial history, income details and more. Since we verify your credit score, you do not need to be aware of your score before checking your pre-approved loan offer.

However, keeping a tab on your credit health every few months is good practice. One of the easiest ways to do this is to use the Credit Pass offered by Bajaj Finserv. Share a few basic details on the link below and get your credit score – for free.

Check your credit score for free

Minimal documentation is one of the most significant advantages of Insta Personal Loans, and in some cases, you might not even need to provide any documents. In case you are asked for documents, you will only need the following:

• KYC documents such as Aadhaar, passport, driving license, voter’s ID, or a Letter of National Population Register
• PAN card
• Cancelled cheque
• Bank account statements for the last 3 months
• Salary slips for the last 3 months

Instant loans are disbursed quickly. You can get our Insta Personal Loan in as little as 30 minutes* to 4 hours.

*Applicable for select customers.

You can check your Bajaj Finance Insta Personal Loan offer by entering your mobile number and OTP. You can either go with the offer or select a lower amount to proceed with your application.

Read more: Rs. 50,000 loan app