Fund Your Emergency Cash Crunch With Instant Personal Loan

instant personal loan

An emergency cash crunch can hamper your plans. You may have to go on an unplanned business trip to meet your client overseas, pay for your parent’s medical treatment loan, or fix the plumbing system of your home urgently. However careful you are with your finances, these emergencies can cause stress. In such cases, if you don’t have an emergency corpus or have insufficient liquidity, your first instinct will be to turn to your investments for rescue. But, liquidating your investments means compromising on other financial goals.

Availing an instant personal loan is this your best bet during emergencies. It offers quick approval, a significant sanction, and much more. Read on to know what an instant personal loan has to offer and why it is a feasible solution to address your urgent need for cash.

You Can Apply Online And Get Instant Approval

Perhaps the best thing about a personal loan, instant approval is something you can count on from top lenders such as Bajaj Finserv. You can apply for a personal loan online from the comfort of your home or workplace and enjoy quick approval. This is possible because the personal loan application process is extremely simple.

You are required to meet easy personal loan eligibility criteria and submit minimal paperwork. Once the lender approves your application, you can access a significant loan amount in a jiffy. When you apply for a pre-approved offer, you can further enjoy instant approval hassle-free as the lender has already studied your profile to give you a personalised deal.

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You Can Get Money in Bank Within a Short Time

True to its name, an instant personal loan is disbursed quickly. For instance, reputed lenders like Bajaj Finserv disburse loans in less than 24 hours and deposit the money directly to your bank account. This way, you can address your emergencies in a timely fashion without any stress. You can further benefit from a long repayment tenor of up to 60 months on this loan as well as nominal personal loan interest rates when you have a good credit score. All you need to do to avail of this affordable loan is to submit the right documents such as your bank statements for the last 3 months and copies of your PAN, Aadhaar, and passport.

You Can Access High-Value Sanction To Meet Various Needs

Even though the disbursal is quick, you can access a high-value loan based on the issuer’s offering. For instance, Bajaj Finserv offers Instant Personal Loans of up to Rs.25 lakh to salaried individuals. By choosing a Flexi Loan facility, you can withdraw multiple times based on your requirements and pay interest only on such utilised amount. Also, you can make part-prepayments at your convenience and redraw this amount, if needed. What’s more, you can choose to pay the interest-only personal loan EMIs throughout the tenor and repay the principal only when the tenor is up. This has two benefits: you can save up to 45% on EMIs and have the cash flow you need to meet more pressing needs.

With such easy and quick access to address your emergency needs, you don’t need to worry about dipping into your savings. Address the cash crunch and get the burden off your head with an instant personal loan. To view your personalised deal, check your pre-approved offer from Bajaj Finserv today!

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