Online personal loan: A simple way to get instant funds
Online personal loans offer quick financial support for unexpected expenses or holidays, with a simple digital application process through Bajaj Finance.
Life has its share of surprises—some pleasant, like planning a holiday, and others that come as unexpected expenses. In both situations, having quick access to funds can make a big difference. That is where an online personal loan steps in, offering instant financial support without the hassle of long paperwork or endless waiting.
Thanks to trusted financial partners like Bajaj Finance, applying for a personal loan has become as simple as shopping online. From checking your eligibility to getting funds directly in your account, the application process is 100% digital and smooth.
Why choose an online personal loan?
An online personal loan is one of the most convenient ways to borrow money today. Unlike traditional methods, you don’t have to make multiple branch visits or deal with lengthy approvals. With just your smartphone or laptop, you can complete the application process in minutes.
Here are some benefits that make it a popular choice:
- Quick approval and disbursal: Many lenders, including Bajaj Finance, offer approval within minutes and disburse funds as quickly as 24 hours*.
- No collateral required: You don’t need to pledge any asset, which makes it accessible for salaried and self-employed individuals alike.
- Flexible usage: Whether you’re planning a wedding, renovating your home, or handling medical bills, you can use the funds for any purpose.
- Easy documentation: Basic KYC details, income proof, bank statements, and more are generally enough to get started.
The role of an EMI calculator for personal loan
One of the smartest tools to use before applying is the personal loan EMI calculator. This online tool helps you figure out your monthly repayment amount well in advance. All you need to do is enter three details:
- Loan amount (say, Rs. 5 lakh)
- Tenure (for example, 36 months)
- Interest rate offered by the lender
The calculator will instantly show you the EMI, total interest payable, and the overall cost of borrowing. This way, you can adjust the loan amount or tenure to keep your monthly instalments comfortable.
Using the EMI calculator also prevents surprises later, as you can plan your finances better and choose a repayment structure that fits your budget.
Features of Bajaj Finserv Personal Loan
Bajaj Finance is among the most trusted names when it comes to digital lending. Here’s why many borrowers prefer their online personal loan option:
- Loan amount of up to Rs. 55 lakh: Suitable for both big and small needs.
- Flexible repayment tenure: Choose from 12 months to 96 months.
- Pre-approved offers: If you’re an existing customer, you may get exclusive offers with instant approval.
- 100% online application process: Apply using just your mobile number and OTP, without lengthy documentation.
- Transparency: Bajaj Finance maintains 100% transparency and does not levy any hidden charges on personal loans. Read the terms and conditions to know more.
Steps to apply for an online personal loan with Bajaj Finance
Applying for a personal loan is simple and takes only a few minutes:
- Visit the Bajaj Finserv website.
- Click on ‘APPLY’ at the top of the page
- You will be asked to enter your phone number and an OTP to verify it
- Fill in the application form with your basic loan details
- Now, click on ‘PROCEED’ to visit the loan selection page.
- Enter the loan amount that you need. Choose from our personal loan variants.
- Choose the repayment tenure – you can select tenure options of 12 months to 96 months and click on ‘PROCEED’.
- Complete your KYC and submit your application.
Our representative will guide you on the next steps. The loan amount will be transferred to your bank account on the successful verification of your documents
Smart tips to manage your personal loan
Borrowing responsibly ensures you enjoy the benefits of a personal loan without stress. Keep these points in mind:
- Borrow only what you need: Don’t be tempted to take a bigger loan if it’s unnecessary.
- Plan your EMIs with the calculator: Always ensure your monthly instalment is within your budget.
- Pay on time: Timely repayments improve your credit score, making future borrowing easier.
- Use the loan wisely: Focus on important purposes such as travel, medical costs, education, or home renovation.
Final thoughts
An online personal loan is no longer just a financial product—it’s a solution designed to make life easier. With Bajaj Finance, you not only get funds quickly but also enjoy flexibility, transparency, and complete control over your repayments.
So, whether it’s a dream holiday, a sudden expense, or an important milestone, your plans don’t have to wait. Apply online, calculate your EMIs in advance, and take the smarter way to borrow.
*Terms and conditions apply
Note to the Reader: This article is part of Hindustan Times' promotional consumer connect initiative and is independently created by the brand. Hindustan Times assumes no editorial responsibility for the content.
