Business Wire IndiaTo compliment your fast-paced lifestyle and help you have the means to access all the things you like, financial institutions today offer something called pre-approved offers on loans and other financial products. This new offering simplifies the application process for loans as you don’t have to waste precious time scouting and applying for the right loan. Instead, lenders like Bajaj Finserv, one of India’s most diversified NBFCs, prepare a customised loan deal based on your financial profile. When you avail a loan using a pre-approved offer, you save on time, are likely to get better terms, and have the option to repay it over a comfortable tenor. Here’s what you have in store when you consider a pre-approved loan from Bajaj Finserv: Instant access to credit If you have a pre-approved offer from Bajaj Finserv, you can avail a personal loan up to Rs.25 lakh and have it disbursed to your account in just 24 hours. And as this is an unsecured loan, you don’t need to worry about pledging a collateral either. You can check your pre-approved offer and avail money as per your needs. No tedious formalities Unlike regular personal loans, pre-approved loans from Bajaj Finserv are tailored to your profile and needs. This means that you can access a loan that’s best-suited to you. Moreover, you can sidestep tedious, time-consuming formalities that are involved in verifying your profile. Minimal documentation You can get a pre-approved loan from Bajaj Finserv with minimal documentation. Depending on your profile, you can apply for a personal loan and get one by submitting just your bank statement, PAN card, address proof, identity proof, and salary slips for the last 3 months. Stress-free repayment terms A lender may charge a higher interest rate or even reject your application if you have a poor credit history. Conversely, a good score and a prior relationship with your financial institution may help you qualify for stress-free terms and a pre-approved offer. What determines your eligibility for a pre-approved offer? Usually, existing customers are likely to receive pre-approved offers on loans and other financial products. You would also need to have a healthy credit score – of 750 or more, a good debt-to-income ratio, a steady income, and must qualify a few other factors to receive a pre-approved offer. Pre-approved offers from Bajaj Finserv If you are looking for a personal loan, start by checking your pre-approved offer from Bajaj Finserv. All you need to do is enter your basic details like your name and number and see your offer in just a few seconds. Choose how much you want to borrow and get your money disbursed to your bank account. Availing a personal loan to meet your goals has never been easier.
Source: Businesswire