Navratri is a major festival in India, consisting of nine days of devotion, cultural gatherings, and celebrations. As the festival approaches, many families begin to budget for increased spending on shopping, home decor, travel, and event planning. Meeting these increased financial demands may strain regular monthly budgets.

To assist customers in managing these costs, Bajaj Finance has introduced personal loans of up to Rs 55 lakh with instant approval and quick disbursement, according to PTI.

Key Highlights

• Bajaj Finserv offers up to ₹55 lakh personal loan with instant approval, disbursal within 24 hours. 
• Flexible repayment tenures ranging 12 to 96 months, zero collateral, fully digital process, clear eligibility criteria.

Addressing Festive Financial Needs

During the holiday season, people frequently spend money on new clothing, jewelry, gifts, family outings, and home renovations. These expenses can put a strain on household finances. The Bajaj Finserv Personal Loan is designed to help customers cover these expenses without jeopardizing their financial stability.

According to the company, the loan amount can be used for any personal reason, such as shopping, travel, or family gatherings. This assistance ensures that individuals do not have to sacrifice their celebrations or financial health.

Also Read: GST 2.0: Why Middle Class Must Invest Before Festive Buys

Fast Approval And Disbursal

One of the primary benefits of this loan is the speed with which it is processed. Customers can verify their pre-approved loan offer by entering their mobile number and receiving an OTP.

Once the application has been completed and approved, the loan amount will be credited to the borrower's bank account within 24 hours, subject to terms and conditions. This makes the loan especially useful during the holiday season, when expenses frequently arise on short notice.

Flexible Payment Options

Borrowers are given repayment terms ranging from 12 months to 96 months, giving them the freedom to select a plan that meets their needs. This strategy is intended to ensure that holiday spending does not become an ongoing burden.

Simple Digital Process

Applying for the loan is a simple digital process with minimal paperwork. Customers can complete the application online, verify their information, upload any required documents, and receive funds once the application is approved.

With no collateral required, the loan provides easy access to funds with minimal stress.