Need immediate cash to cope with a medical emergency? Wish to fund an international trip but concerned about overshooting your budget? Planning to renovate the home but unsure if you can cover costs? You can do all of these and more with personal loans.
Personal loans are offered based on crucial factors such as age, income levels, and repayment capacity. These loans not only come in handy during a financial crisis but also help improve your credit score.
You can apply for personal loans from reputed non-banking financial companies in India. For financial aid, apply for an instant loan through the website or by downloading a loan app such as Bajaj Finserv app. Loan apps allow you to manage all your investments and post-loan services in one place.
The online loan app by Bajaj Finserv is one of the most straightforward and most user-friendly loan apps in India. It is aimed at making your loan application process hassle-free. You can view product information and also request a call back from a representative using the app.
Key Features And Benefits of Bajaj Finserv Experia App:
- Previous Relations- You can gain access to information on closed loans and investments, view your statements, and do more.
- Active Relations- You can conveniently download and view your financial statements and make payments. You can also keep track of all your existing loans and investments.
- Payments- This feature allows you to access information on future payments through the app and pay up to 45% lower EMIs on flexi loan facility. Additionally, the app allows you to prepay or foreclose your loan partly.
- Raise a Request- Through the loan app, you can raise a request and keep track of the status. You can also view a detailed log of your previous claims.
- Drawdown facility– Drawdown facility has become a lot more convenient with the loan app. All you have to do is get your OTP authenticated to use this functionality.
- Notifications- View your statement downloads, offer notifications, and payments on the home page under the notifications tab.
- Navigation Across Apps- You can enjoy easy navigation across BFL wallet and Experia.
- Family Sharing Feature- The app allows you to add up to six family members by enabling Family Sharing Feature.
- New Functionalities- You can check the referral programme and receive immediate help via chatbot with loan app.
How to Download the App?
- Go to Google Play Store and search for the Bajaj Finserv app.
- Click ‘Install’ to download the app.
- After accepting end user license agreement, log in with your Experia ID, your Facebook account or your mobile number. An OTP will be sent to your mobile number to enable you to log in.
- You are ready to start browsing through the app. You can now check your active and previous relationships and explore other personalized offers recommended for you.
Conclusion:
Personal loans are an excellent way to pay for financial emergencies or consolidate your debt without burdening yourself financially. Since they are unsecured loans, they do not require collateral as security. Personal loans by Bajaj Finserv carry lower interest rates and also involve minimum documentation. The loan disbursal process is swift and efficient. You can get the money in your bank account within 24 hours of loan’s approval. You can obtain high-value loan amounts up to Rs. 25 lakhs with a flexible repayment tenure between 12 to 60 months.
Additionally, there are many pre-approved offers on personal loans, business loans, home loans, and a host of other financial products. These offers can make loan processing simpler and help you save on time. You can simply share a few necessary details and check out your pre-approved offer.