Bajaj Finance Pre-Approved Insta Personal Loan

Bajaj Finance Insta Personal Loan interest rates for pre-approved individuals start from 16% p.a. While Bajaj Finance has not disclosed the differential interest rates for those who qualify for its pre-approved personal loans, lenders usually consider job profile, monthly income, credit score, employer’s profile, etc. of their pre-approved personal loans applicants for setting their personal loan interest rates.

Bajaj Finance Insta Personal Loan is offered to both salaried and self-employed individuals aged 21 to 80 years. Unlike other Bajaj Finance Personal Loan schemes, Bajaj Finance has not set any specific eligibility criteria for its pre-approved personal loan. However, most lenders offer their pre-approved personal loans to select customers based on their credit score, occupation, income, employer’s profile, etc.

Prospective personal loan applicants can check their eligibility for a Bajaj Finance pre-approved personal loan by visiting its 'Bajaj Finance Insta Personal Loan' website and clicking on 'Check Offer'. They would need to share the basic details such as name, mobile number and OTP. The NBFC claims to disburse pre-approved personal loans within 30 minutes to 4 hours of application.

Bajaj Finance disburses Insta Personal Loan without or with minimal documentation to its selected customers. However, NBFC may ask to submit additional documents for availing of Bajaj Finance pre-approved personal loan:

• KYC documents such as Passport, Aadhaar, Voter's ID, Driving License, NREGA job card
• Employee ID Card
• PAN Card
• Bank account statements of the last 3 months
• Salary slips for the last 3 months.
• Photograph