Be it funding their next foreign trip, renovating their home, or meeting unforeseen medical expenses, customers can compare personal loans and pick from the best lenders based on their convenience and apply for an instant loan on terms that they deem to be favourable.
The personal loan amount one is eligible for will depend on factors such as an individual’s monthly income, CIBIL score, and overall repayment capability.
Sr No | Bajaj Markets Partners | Interest Rate Range | Maximum Loan Amount |
1 | Bajaj Finance Limited | 13.5% Onwards | Rs. 35 Lakhs |
2 | Axis Bank | 10.49% Onwards | Rs. 25 Lakhs |
3 | PaySense Partners | 14% Onwards | Rs.10 Lakhs |
4 | Fibe | 14% Onwards | Rs. 5 Lakhs |
5 | CASHe | 30% Onwards | Rs. 4 Lakhs |
6 | KreditBee | 15% Onwards | Rs. 3,00,000 |
7 | SBFC Finance Private Ltd | 14% Onwards | Rs. 10 Lakhs |
8 | Fullerton India | 12% Onwards | Rs. 25 Lakhs |
9 | Muthoot Finance | 14.50% Onwards | Rs. 25 Lakhs |
10 | Prefr Partners | 21% Onwards | Rs. 25 Lakhs |
11 | YES Bank | 10.99% Onwards | Rs. 50 Lakhs |
12 | mPokket | 24% Onwards | Rs. 30,000 |
13 | IIFL | 16.50% Onwards | Rs. 30 Lakhs |
14 | InCred | 21% Onwards | Rs. 7 Lakhs |
Some of the distinguishing features and benefits associated with an instant personal loan are:
- High Loan Amount: Avail of an online personal loan of up to Rs. 50 Lakhs.
- Competitive Interest Rate: The interest rate starts from 10.49% per annum, which is one of the most competitive interest rates out there.
- Online Process: Apply from the comfort of home by following a few basic steps, and once the loan amount is approved, it will be credited to the customer's account within hours.
- No Collateral Required: Customers do not need to offer any of their valued possessions as collateral to get a personal loan. However, if there is a need for a more considerable amount, one can always opt for a Loan Against Property.
- Flexible Loan Repayment Tenure: Individuals can repay their personal loan over as long as five years.
- Minimal Foreclosure Charges: If an individual is willing to repay ahead of the tenure, they can opt for the same with a minimal charge.
- Balance Top-up Facilities: If an individual needs more money than what he/she has borrowed initially as a personal loan, they can always avail themselves of a balance top-up facility. Such facilities are also exclusive to lenders and are provided at their discretion.
Avail the best options from a portfolio of 14 lenders in personal loans from the Bajaj Markets app which is available on Play Store and App Store or by visiting the website on www.bajajfinservmarkets.in.
