Join Our WhatsApp Group!

Bajaj Finserv Instant Personal Loan on Aadhaar Card | How to Get a Loan of Up to 40 Lakh in 24 Hours with Just Your Aadhaar Card

What is a personal loan?

A personal loan is a type of loan that you can take from a bank or a financial company for any personal or business purpose. You do not have to give any security or collateral to get a personal loan. You just have to pay back the loan amount with interest in monthly installments or EMIs.

What is an Aadhaar card?

An Aadhaar card is a 12-digit unique identification number issued by the government of India to every citizen. It contains your biometric and demographic information, such as your name, date of birth, address, gender, photo, fingerprint, and iris scan. You can use your Aadhaar card as a proof of identity and address for various purposes, such as opening a bank account, getting a mobile connection, applying for a passport, etc.

What is Bajaj Finserv?

Bajaj Finserv is one of the leading non-banking financial companies in India. It offers various products and services, such as loans, insurance, investments, cards, etc. Bajaj Finserv is known for its fast and easy loan approval and disbursal process.

How to get a Bajaj Finserv Instant Personal Loan on Aadhaar Card?

Bajaj Finserv offers instant personal loans on Aadhaar card to eligible customers. You can get a loan of up to Rs. 40 lakh without any security or guarantor. You can use the loan amount for any legal purpose, such as medical expenses, home renovation, education, wedding, travel, etc.

To get a Bajaj Finserv Instant Personal Loan on Aadhaar Card, you need to follow these steps:

  • Visit the Bajaj Finserv website and click on the “Instant Personal Loan on Aadhaar Card” option.
  • Enter your mobile number and the OTP sent to your phone to verify your profile.
  • You will see a pre-approved loan offer on your screen. You can accept it or choose a lower amount as per your requirement.
  • Authorize the Aadhaar-based e-KYC process to verify your identity and address. You do not need to submit any other documents, except your income proof.
  • Review the loan details, such as interest rate, tenure, EMI, etc. and agree to the terms and conditions.
  • Confirm your bank account details where you want to receive the loan amount.
  • Get the loan amount in your bank account within 24 hours of approval and verification.

What are the benefits of Bajaj Finserv Instant Personal Loan on Aadhaar Card?

Bajaj Finserv Instant Personal Loan on Aadhaar Card has many benefits, such as:

  • High loan amount: You can get a loan of up to Rs. 40 lakh to meet your financial needs.
  • Low interest rate: You can enjoy a competitive interest rate on your loan, starting from 10.99% per annum.
  • Flexible tenure: You can choose a repayment period of up to 8 years, depending on your convenience and income.
  • Minimal documentation: You only need to provide your Aadhaar card and income proof to get a loan. No other documents are required.
  • Instant approval and disbursal: You can get approval for your loan in 5 minutes and the money in your account in 24 hours.
  • No security or guarantor: You do not have to pledge any asset or involve any third party to get a loan.
  • 100% transparency: You do not have to pay any hidden charges or fees for your loan. Everything is clearly mentioned in the loan agreement.
  • Flexi Hybrid feature: You can opt for the Flexi Hybrid facility, which allows you to pay only interest as EMI for the initial part of the tenure. You can also withdraw and repay funds from your loan limit as per your need, without any extra charge.

How to calculate the EMI for Bajaj Finserv Instant Personal Loan on Aadhaar Card?

EMI stands for Equated Monthly Installment. It is the fixed amount that you have to pay every month to repay your loan. The EMI depends on three factors: the loan amount, the interest rate, and the tenure.

You can use the Personal Loan EMI Calculator on the Bajaj Finserv website to calculate the EMI for your loan. You just have to enter the loan amount, the interest rate, and the tenure, and the calculator will show you the EMI, the total interest, and the total payment.

For example, if you take a loan of Rs. 10 lakh for 5 years at an interest rate of 12% per annum, your EMI will be Rs. 22,244, your total interest will be Rs. 3,34,623, and your total payment will be Rs. 13,34,623.

Conclusion

Bajaj Finserv Instant Personal Loan on Aadhaar Card is a convenient and hassle-free way to get funds for your personal or business needs. You can apply online with your Aadhaar card and income proof and get the loan amount in your account within 24 hours. You can also enjoy the benefits of low interest rate, flexible tenure, minimal documentation, no security, and Flexi Hybrid feature. To know more about Bajaj Finserv Instant Personal Loan on Aadhaar Card, you can visit the Bajaj Finserv website or call their customer care number 1800-103-3535. You can also download the Bajaj Finserv app on your smartphone and access your loan account anytime, anywhere.

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *