Pre-Approved Personal Loan

Loans up to ₹50 Lakhs I Approval in 2 minutes I Flexible Repayment Options

Salaried Individuals - Check your Loan eligibility!

Avail Instant Personal Loans ✓ Loan up to 50 Lakhs ✓ Quick Disbursal ✓ Minimum Documentation! Apply Now

You can get a pre-approved personal loan of up to ₹50 Lakhs on Bajaj Markets at competitive interest rates starting from 9.99% per annum. These loans come with a convenient repayment timeline of up to 5 years.

Compare Pre Approved Personal Loan Interest Rates

Our Partners	Maximum Loan Tenure	Maximum Loan Amount	Minimum Interest Rate
Bajaj Finance Limited	6 years	₹35 Lakhs	11% p.a.
4.7	View Details
CASHe	1 year	₹4 Lakhs	27% p.a.
4.4	View Details
Fibe	3 years	₹5 Lakhs	14% p.a.
4	View Details
Finnable	5 years	₹10 Lakhs	15.95% p.a.
4	View Details
IIFL Finance	3.5 years	₹5 Lakhs	18% p.a.
4.1	View Details
InCred	6 years	₹10 Lakhs	16% p.a.
4.3	View Details
KreditBee	2 years	₹4 Lakhs	18% p.a.
4.1	View Details
Kotak Mahindra Bank	5 years	₹25 Lakhs	10.99% p.a.
4.2	View Details
L&T Finance	4 years	₹15 Lakhs	11% p.a.
4.6	View Details
moneyview	5 years	₹5 Lakhs	16% p.a.
4.2	View Details
mPokket	120 days	₹45,000	24% p.a.
4.1	View Details
Muthoot Finance	5 years	₹15 Lakhs	14.50% p.a.
4	View Details
PaySense Partners	5 years	₹5 Lakhs	15% p.a.
4.3	View Details
Privo	5 years	₹5 Lakhs	9.99% p.a.
4.5	View Details
Olyv	12 months	₹5 Lakhs	1.5% p.m.
4.1	View Details
SMFG India Credit	5 years	₹25 Lakhs	12% p.a.
4.2	View Details
Upwards	3 years	₹5 Lakhs	1.5% p.m.
4.3	View Details
YES BANK	6 years	₹50 Lakhs	10.99% p.a.
4.2	View Details
Zype	1 Year	₹5 Lakhs	18% p.a.
4	View Details

Disclaimer: The interest rates listed above are subject to constant change as they are affected by several factors. Please check the prevailing interest rate with your lender before applying.

Features and Benefits of Pre-approved Personal Loans

Minimum Paperwork

Enjoy minimal paperwork requirements since the financial institution already has your documents and other information.

Speedy and Instant Disbursement

Get quick approval and enjoy easy disbursement of your personal loan if you are an existing customer.

Ample Funding

Enjoy a high loan amount of up to ₹50 Lakhs with a good repayment history.

No Collateral

You do not need to pledge any collateral as security to get pre-approved loans.

Flexible Repayment Option

Choose a convenient timeline between 12 and 60 months and repay your loan without any hassles.

Competitive Interest Rates

Enjoy pre-approved offers at affordable interest rates starting from 9.99% p.a.

Eligibility Criteria and Documents Required

Here are the eligibility criteria you need to meet:

You must have a good credit score, i.e. 700 to 750 and above
You must have an existing relationship with a lender

Upon meeting the required eligibility terms, you must submit the following documents:

Identity Proof: Aadhaar card, Voter’s ID card, PAN card, passport, etc.
Address Proof: Aadhaar card, passport, driving licence, utility bills, rent agreement, etc.

Note: The lender may not ask for proof of income if your loan is pre-approved.

How can I use my pre-approved loan?

You can use the loan amount to finance any of your personal needs. There is no end-usage restriction on personal loans, which makes them quite versatile.

Does pre-approval guarantee a loan?

No. A pre-approval offer does not necessarily guarantee loan approval. If you get an offer, the application process will be quick as the lender has basic details. However, if your CIBIL score is low or you cannot provide the required documents, your loan can be rejected.

Can I avail a pre-approved loan anytime?

No, pre-approved loan offers are for a limited period only. Hence, you must apply as soon as possible if you have a pre-approved loan offer.

Are there any charges associated with pre-approved loans?

Yes, just like any other personal loan, you have to pay the applicable interest and the processing fee on the loan amount.

How can I check my pre-approved loan offer?

You can check your pre-approved offers at the lender’s website or app.

How do pre-approved personal loans work?

Lenders provide these offers to existing customers who demonstrate a good repayment history.

What are the advantages of a pre-approved personal loan over a regular loan?

When you opt for a pre-approved loan, the processing timeline is quick as the lender has your basic details. This way, there are chances for quick approval once you meet the lender’s eligibility terms.

On the other hand, the approval of a regular loan can take longer as the lender needs to verify your creditworthiness and other basic details.