Availing a personal loan is considerably easier nowadays owing to the uncomplicated online application process. Lenders can approve a loan application within minutes and disburse the same in 24 hours.
However, it is mandatory to meet the eligibility for a personal loan, because:
- Your loan approval depends on eligibility criteria
Fulfilling all the eligibility criteria correctly can get your loan approved. Otherwise, your application may face rejection.
- Loan rejection can impact your credit score
The CIBIL or credit score of an applicant goes down once a loan application is rejected.
So, make sure to meet all the eligibility requirements for easy approval.
Steps to use the calculator:
- Step 1. Head over to the calculator on Bajaj Finserv’s official website.
- Step 2. Provide your personal details like DOB and location.
- Step 3. Click the “Check your eligibility” button.
You can also enjoy pre-approved offers from Bajaj Finserv that make it easier and quicker to avail personal loans. These pre-approved offers are even available with home loans, business loans, and several other financial products and services. Submit a few of your essential details to check your pre-approved offer.
So, now that you know the importance of meeting eligibility for a personal loan, check yours with an online calculator and avail the loan without any hassle.
