Manage a medical emergency with a Bajaj Finserv-ANI personal online loan
Pune (Maharashtra) [India]Sep 22, (ANI / BusinessWire India): When faced with a medical emergency, chances are you may need quick access to funding.
Time is of the essence and while health insurance has to cover most of the expenses, a personal loan can be a handy tool to access.
A personal loan, as you may already know, is an unsecured loan that is easy to access and comes with a range of convenient repayment options. Not only can they get one relatively easily, but they can also help you manage your emergency without digging into your savings or investments.
Bajaj Finserv, through its credit and investment arm Bajaj Finance Limited, offers online personal loans that can be used to fund a medical emergency or other unplanned expense.
How to get a personal loan to help you deal with your medical emergency
At Bajaj Finserv, you can apply for an emergency medical loan online in just four easy steps. Read on to learn what these steps are:
Step 1: Check that you meet the eligibility criteria
The first step before starting any personal loan paperwork is to check that you meet your NBFC’s eligibility criteria. The criterion is a list of parameters that ensure your creditworthiness for the lender. Bajaj Finserv has a very basic set of parameters that it takes into account, mainly:
– You must be an Indian citizen residing in the country
– Your credit score should be 750 or higher
– You should have a steady source of income
– You should be between 25 and 57 years old.
Step 2. Learn about the various features of the personal loan
Personal loans are offered today with several accompanying features – they are unsecured loans; Approval is usually instant, and some even offer a withdrawal within minutes. You can apply for this online and repay it using flexible terms. Familiarize yourself with all of the features offered and make an informed decision.
For example, Bajaj Finserv Personal Loans have the following cool features:
* 2-Click Application Process: Existing Bajaj Finserv customers only need to provide their name and contact number to review their pre-approved loan offer. From here you can choose the amount you want to borrow from the approved amount and receive the funds.
* High Loan Amount: With our personal loan, you can borrow substantial funds that can cover almost all treatment and expense aspects without draining your savings.
* Long loan repayment terms: Bajaj Finserv offers its customers convenient repayment terms. The online EMI calculator will help you plan your EMIs better.
Step 3. Find out about the fine print and terms of your personal loan
If you are an existing customer and you qualify for personal loan eligibility, you can get the money you need without showing your proof of income. But while you are doing this, it is important that you read up on the terms and conditions that define your loan. Bajaj Finserv personal loans are completely transparent – what you see is what you get. Find out about the fees, fees, and other details during the application process.
Step 4: get your personal loan
If you are a new or existing customer, you can take out a personal loan from Bajaj Finserv online to finance your emergency. Visit NBFC’s website and submit your details. Once your loan application has been successfully completed, you can receive the funds in your account within just 24 hours. In addition, 100 percent of the funds are paid out online.
Whether or not you have coverage that suits your needs, you can rest assured that one person will cover your planned and unplanned medical expenses with no hassle.
This story is provided by BusinessWire India. ANI assumes no responsibility for the content of this article. (ANI / BusinessWire India)
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