While certain traditional personal loans offered by banks still take up to a week to be processed and disbursed, other lenders are changing the game for borrowers. In fact, by applying for a collateral-free personal loan with reputed NBFCs like Bajaj Finserv, you can expect a disbursal within just 24 hours of application! This way, you can access funds quickly and address your needs right away, without any delay. This makes a personal loan ideal for emergencies too.
Most top lenders now offer you the choice to apply for a personal loan online and enjoy quick procedures to bridge any financial gaps. However, some lenders like Bajaj Finserv have gone the extra mile and offer an instant loan via a loan app. Look at how this can be the perfect choice for you.
It Helps you View your Current Obligations
As a personal loan comes with comparatively higher interest rates since it is an unsecured loan. This means that planning for it is key to a stress-free repayment experience. The Bajaj Finserv Experia Loan App allows you to see your current or existing loans and their status. This means you can view how many EMIs you have paid, how many EMIs you are yet to pay and what your total financial obligations amount to. This helps you manage your credit requirements better and reduce the chance of overborrowing.
It Gives you Pre-approved Offers
Apart from the recommended offers on this instant loans app, you can also view offers that have been pre-approved for you. These loan deals have been customised to suit your repayment potential and thus do not require you to await details of the loan amount you can expect. They give you the loan amount you are pre-approved for up front, so you can apply confidently. Further, as these offers are already partly approved, you can expect expedited financing and enjoy the funds you need within 24 hours or less! A personal loan app thus makes it easier for you to access these offers and get the money you need in your account faster.
It Offers Convenient Calculators to Plan your Finances in Minutes
The Bajaj Finserv Experia Loan App is one of the most efficient personal loan apps and proves this by offering handy tools at your fingertips. With the eligibility calculator, you can measure your chance at getting a personal loan and also know how much of a personal loan you are eligible for. Further, with the EMI calculator, you can plan your repayment easily and accurately.
It Cuts Short Application timelines to Address Urgent Needs
With access to personal financing being only a click away, you can rely on personal loan apps to reduce the need to visit a lender’s branch. This is especially useful in emergencies and increases your convenience too. When you apply for an instant loan on one of the best personal loan apps, the Bajaj Finserv Experia App, you can expect an approval within 5 minutes. Further, this instant loan app allows for doorstep documentation pickup, so you never have to take time off your busy schedule to submit the necessary paperwork.
The convenience of loan apps does not end here. Top personal loan apps like that offered by Bajaj Finserv, allow you to track your loan account and pay EMIs through your online loan app too! All you need to do is download this instant loans app to apply for a personal loan in the most convenient manner.