Apply online for an instant personal loan from BajajFinance to benefit from approval within 5 minutes. Our eligibility criteria are simple, and the documentation requirement is basic. This speeds up the loan application process, and you get the funds you need within 24 hours* of approval and verification. You can avail up to Rs. 40 lakh without needing to pledge any security as collateral.
Use an instant personal loan to cater to unplanned expenses that come your way. You can repay the funds at your convenience over a repayment term of up to 96 months. BajajFinance offers competitiveinterest rates on personal loanofferings to make repayment affordable for you. Check the other fees and charges to make a repayment plan before applying. You are assured of zero hidden charges.
For flexibility in borrowing, we offer the Flexi Hybrid feature. It allows you to make multiple withdrawals and deposits from your pre-approved sanction on the go. You do not incur additional charges to withdraw or pre-pay funds. Moreover, you pay interest-only EMIs for the initial part of the repayment term. This allows you to access instant funds and ease your way into repayment.
Types of instant personal loans in India
Instant personal loans bear no end-use restrictions, which makes them suitable for meeting diverse urgent funding needs, such as
- Wedding
- Higher education
- Travel
- Home renovation
- Medical emergency
- Second-hand car purchase
Opt for an instant approval personal loan online as per your financing needs.Use the onlinepersonal loan EMI calculatorto estimate your fixed monthly outgo and choose a repayment term accordingly.
*Terms and conditions apply.
FAQs
The required documents for instant loan approval are:
- Aadhaar card linked to your mobile number.
- Pan card.
- Photo ID proof.
- 6 months' bank statement for salaried individuals.
- 6 months' bank statement with maximum transactions for self-employed individuals.
Specta is an online lending platform that gives you loans of up to 5 Million in one transaction all within 5 minutes! No collateral, no paperwork and no visit to any office.
What is the easiest loan to get immediately? ›
What is the easiest loan to get approved for? The easiest types of loans to get approved for don't require a credit check and include payday loans, car title loans and pawnshop loans — but they're also highly predatory due to outrageously high interest rates and fees.
How can I borrow money and get it instantly? ›
If you need to borrow money immediately, the most popular options are personal loans, cash advances online, payday loans, pawn shop loans, and banks or credit unions.
What app will loan me 100 instantly? ›
Instant Cash Loan App - LendMe offers individuals seeking financial assistance a platform that provides more minor cash advances with flexible repayment options and additional budgeting features to get 100 dollars now.
Which is the quickest loan? ›
Unsecured Loan
This is a quick loan with a turnaround time of less than 48 hours.
How to get a loan when no one will approve you? ›
If you struggle to get approved for a personal loan or need a loan in a hurry, products like emergency loan and payday loans may be appealing. All may come with higher interest rates and shorter repayment timelines than a standard personal loan.
How to borrow $500 quickly? ›
You can get a $500 loan via a personal loan, payday loan, payday alternative loan, cash advance app, or credit card cash advance. However, some options are better than others. Some small loans come with high costs that can cause financial hardship.
What is a hardship loan? ›
Hardship personal loans are a type of personal loan that is designed to help you overcome financial difficulties. This type of loan is generally offered by small banks and credit unions, and has lower interest rates, lower maximum loan amounts, and shorter repayment periods than standard personal loans.
Which bank gives instant personal loans? ›
The Loan approval process at ICICI Bank is simple, quick and instant. Once a customer's Personal Loan is approved, it takes only 3 seconds for the amount to be disbursed into your Account.
Once those subside, you'll find there are ways to get your hands on quick cash, without falling prey to scams.
- Sell spare electronics. ...
- Sell your gift cards. ...
- Pawn something. ...
- Work today for fast cash today. ...
- Seek community loans and assistance. ...
- Ask for forbearance on bills. ...
- Request a payroll advance.
The easiest banks to get a personal loan from are USAA and Wells Fargo. USAA does not disclose a minimum credit score requirement, but their website indicates they consider people with scores below 640, so even people with bad credit may be able to qualify.
Which loan can I get instantly? ›
Payday Loan is an instant loan product for customers (both salary and non-salary earners). With Payday Loan, you can borrow money at a low-interest rate with no documentation or collateral needed.
What app lets you borrow cash right away? ›
7 cash advance apps for borrowing money
| App | Max loan amts. | Fastest funding available/fee |
|---|
| Brigit | $250 | Instant, $0.99 – $3.99 |
| Chime | $200 in overdraft protection | Receive paycheck up to 2 days early, no fee |
| Albert | $250 | Instant, unspecified fee |
| Dave | $500 | Instant, $1.99 – $13.99 |
3 more rowsMay 15, 2024
Albert. Albert will lend you up to $250 until your next paycheck. This pay advance app doesn't require a credit check, and you won't pay interest on the funds you borrow. Even better, Albert does not access late fees, even if you cannot repay the loan on time.
How to get a loan from Google Pay? ›
If this application is approved, you'll need to complete some additional steps (KYC, provide bank details, etc) to receive the loan.
- Open the Google Pay app.
- In the “Money” section, tap Loans. ...
- Select the pre-qualified loan offer you want to avail. ...
- Tap Continue. ...
- Enter the OTP.
- Tap Submit.
It typically takes anywhere from a few hours to a few weeks to get a personal loan, depending on various factors including the lender's processing time and the applicant's preparedness.
Is a Buddy loan safe? ›
Buddy Loan is a loan service providing platform that provides personal loans to salaried individuals and business owners. You can complete the application process in a few minutes online, and it is very simple. Buddy Loan is a safe platform that is backed by RBI-regulated lenders.
