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Guide to getting an instant personal loan quickly

In today's fast-paced world, the need for swift and accessible financial solutions is more prevalent than ever. The emergence of instant personal loans has transformed the lending landscape, offering individuals the convenience of securing funds within a mere 10 minutes. Let us explore the key aspects of obtaining an instant personal loan in record time.


How to get an instant personal loan in 10 minutes

Getting an instant personal loan in 10 minutes is easier than one might think. Thanks to advanced digital platforms offered by financial institutions, the application process has been streamlined for efficiency. To begin, individuals can visit the lender's website or mobile app. The user-friendly interface guides applicants through a simple and quick application form.

Upon completion, the digital platform employs advanced algorithms to assess the provided information, expediting the approval process. This rapid evaluation ensures that qualified applicants receive loan approval within minutes.


Eligibility criteria

The eligibility criteria for instant personal loans are designed to be inclusive, catering to a diverse range of applicants. Typically, lenders consider factors such as the applicant's credit score, employment status, income, and age. Many lenders also require applicants to be Indian citizens or residents. The straightforward eligibility criteria make instant personal loans accessible to a broad spectrum of individuals, including salaried professionals, self-employed individuals, and even those with a less-than-perfect credit history.


Apply now for an instant personal loan in 10 minutes

You can apply for our Insta Personal Loan in just a few clicks:

  1. Click on 'CHECK OFFER'.
  2. Enter your 10-digit mobile number and OTP.
  3. Go with the pre-assigned limit or choose a different loan amount.
  4. Choose a repayment tenure that suits you best.
  5. Click on ‘PROCEED’ to complete the online process.

The online process may differ depending on whether you are a new customer or have an existing relationship with us.


Calculate your EMI

Calculating the equated monthly instalment (EMI) is a crucial step in the borrowing process. You can use our Insta Personal Loan EMI calculator tool that helps to estimate the monthly repayment amount based on the loan amount, tenure, and interest rate. This will help you to make informed decisions about your financial commitments.

In conclusion, the availability of instant personal loans in just 10 minutes represents a significant leap forward in the financial industry's evolution. With streamlined application processes, inclusive eligibility criteria, and online tools for EMI calculation, these loans provide a convenient avenue for individuals to meet their immediate financial needs.

Know more:

Check your Insta Personal Loan offer

Your Insta Personal Loan requirement

Disclaimer

1. Bajaj Finance Limited (“BFL”) is a Non-Banking Finance Company (BAJAJ FINANCE) and Prepaid Payment Instrument Issuer offering financial services viz., loans, deposits, Bajaj Pay Wallet, Bajaj Pay UPI, bill payments and third-party wealth management products. The details mentioned in the respective product/ service document shall prevail in case of any inconsistency with respect to the information referring to BFL products and services on this page.

2. All other information, such as, the images, facts, statistics etc. (“information”) that are in addition to the details mentioned in the BFL’s product/ service document and which are being displayed on this page only depicts the summary of the information sourced from the public domain. The said information is neither owned by BFL nor it is to the exclusive knowledge of BFL. There may be inadvertent inaccuracies or typographical errors or delays in updating the said information. Hence, users are advised to independently exercise diligence by verifying complete information, including by consulting experts, if any. Users shall be the sole owner of the decision taken, if any, about suitability of the same. 

Frequently asked questions

How do I get a loan within 10 minutes?

With a Bajaj Finance Insta Personal Loan, the funds are disbursed within 30 minutes* to 4 hours.

*Applicable for select customers.

How do I get an immediate personal loan?

Getting an Insta Personal Loan from Bajaj Finance is simple. You only need to follow the steps below to get an offer.

  1. Click on ‘CHECK OFFER’.
  2. Enter your 10-digit mobile number and OTP.
  3. Go with the pre-assigned limit or choose a different loan amount.
  4. Choose a repayment tenure that suits you best.
  5. Click on ‘PROCEED’ to complete the online process.

The online process may differ depending on whether you are a new customer or have an existing relationship with us.

 

What credit score is required to get approval for an instant personal loan in 10 minutes?

Since Insta Personal Loan provides pre-approved offers, you do not have to check your credit score beforehand. Although, having a CIBIL Score of 685 or higher, increases your chances of getting the loan.

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 Bajaj Finserv App for All Your Financial Needs and Goals

Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals.

You can use the Bajaj Finserv App to:

  • Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more.
  • Explore and apply for co-branded credit cards online.
  • Invest in fixed deposits and mutual funds on the app.
  • Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.
  • Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.
  • Apply for Insta EMI Card and get a pre-approved limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on Easy EMIs.
  • Shop from over 100+ brand partners that offer a diverse range of products and services.
  • Use specialised tools like EMI calculators, SIP Calculators.
  • Check your credit score, download loan statements and even get quick customer support—all on the app.

Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app.

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Now request money from your friends and family and make instant payments.

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  • Make instant payments using with the Bajaj Pay UPI
  • Earn instant cashback on bill payments
  • Collect and redeem Bajaj Coins

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Related links

  • Insta Personal Loan features
  • How to apply for Insta Personal Loan