Get immediate access to ₹30,000 with personal loans available on Bajaj Markets
Avail Instant Personal Loans ✓ Quick Disbursal ✓ Minimum Documentation!
In urgent need of ₹30,000? Consider getting a personal loan for a simple application process and rapid disbursals on Bajaj Markets. The documents required are minimal and can be submitted online. This makes the process hassle-free and convenient. Moreover, you can service the loan comfortably over a flexible repayment period of up to 96 months.
On Bajaj Markets, get a personal loan of ₹30,000 at low interest rates from the lenders listed below:
Lenders |
Starting Interest Rate |
Bajaj Finance |
11% |
CASHe |
27% |
Finnable |
15.95% |
InCred |
16% |
Kissht |
14% |
KreditBee |
15% |
moneyview |
15.96% |
mPokket |
24% |
Olyv |
18% |
PaySense |
14% |
Privo |
9.99% |
Upwards |
18% |
Zype |
18% |
*Disclaimer: The mentioned rates are subject to change at the lender’s discretion.
Here is how the EMI will differ across tenures for a personal loan of ₹30,000 if the interest rate is set at 9.99% p.a.:
Tenure |
EMI Amount |
Total Interest Payable |
Total Repayment Cost |
3 months |
₹10,166.96 |
₹500.88 |
₹30,500.88 |
6 months |
₹5,146.69 |
₹880.16 |
₹30,880.16 |
9 months |
₹3,473.62 |
₹1,262.55 |
₹31,262.55 |
12 months |
₹2,637.34 |
₹1,648.05 |
₹31,648.05 |
15 months |
₹2,135.78 |
₹2,036.64 |
₹32,036.64 |
18 months |
₹1,801.57 |
₹2,428.34 |
₹32,428.34 |
*Note: These are approximate values and are meant only for illustration. For actual EMI values, reach out to your lender.
As shown in the table above, the EMI amount reduces as the tenure increases. Meanwhile, there is a rise in interest charges, which may lead to a higher overall loan cost. Thus, it is essential to make an informed decision after comparing the loan terms and assessing how the EMI fits into your budget.
While the eligibility criteria are different for every lender, some common requirements include:
You should be either salaried or self-employed
You must be an Indian citizen
Your age should be at least 18 years
You will need to submit the documents listed below to apply for a personal loan of ₹30,000:
Identity Proof: Voter ID, Aadhaar card, PAN card, passport etc.
Address Proof: Aadhaar card, driving licence, voter ID, passport, utility bills, rent agreement, etc.
Proof of Income: Salary slips of the last 3 months, ITR certificate, or Form 16
Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.
Frequently Asked Questions
How can I get a ₹30,000 instant personal loan?
Consider getting an instant personal loan of ₹30,000 on Bajaj Markets. For this, you need to:
Click on the ‘Check Offer’ button on this page
Provide your personal and professional details
Choose your preferred lender from the list provided
Enter the loan amount and interest rate you wish to opt for
Check all the details you entered and submit the application
Your application will then be verified, after which, a representative will contact you for further proceedings.
What is the EMI for a ₹30,000 loan?
If the interest rate is set at 9.99% p.a. and the tenure is 3 months, the EMI is ₹10,166.96. Meanwhile, if you opt for a repayment period of 18 months, the instalment amount is reduced to ₹1,801.57. So, depending on the change in the interest rate and tenure, the EMI changes. You can use the following formula to calculate the EMI for your ₹30,000 personal loan using different loan terms:
E = P x R x (1+R)^N/ ((1+R)^N-1), where:
E stands for monthly instalments
P is the amount that you want to borrow
R is the rate of interest
N is the repayment tenure in months
You can also utilise the personal loan EMI calculator available on Bajaj Markets and get accurate results within seconds.
What is the interest rate levied on a ₹30,000 personal loan?
The interest rate levied on your ₹30,000 personal loan starts from 9.99% p.a. Nevertheless, the rate offered to you can differ from one lender to another depending on their policies and your loan eligibility.
Is it possible to get a ₹30,000 loan without submitting any of my assets as collateral?
Yes. You can easily get a personal loan of ₹30,000 on Bajaj Markets without pledging any collateral.
Which is the best bank for a ₹30,000 personal loan?
Multiple leading personal loan providers enable you to borrow up to ₹30,000 on Bajaj Markets. Some of these include:
Bajaj Finance
CASHe
Finnable
InCred
Kissht
KreditBee
moneyview
mPokket
Olyv
PaySense
Privo
Upwards
Zype
What will happen if I default on my personal loan of ₹30,000?
In case you default on your ₹30,000 personal loan, your credit score is impacted negatively and you are required to pay a penalty. If the default continues over an extended period, the lender can take legal action.
What is the CIBIL score requirement for a loan of ₹30,000?
Ideally, you should have a CIBIL score of 750 or more to be eligible for a personal loan of ₹30,000.
Can I get a ₹30,000 personal loan without any income proof?
Zype offers personal loans without any income proof requirement. You can simply provide your Aadhaar number or PAN to borrow ₹30,000 from this lender.
What is the maximum tenure I can choose for a personal loan of ₹30,000?
You can get a maximum tenure of 96 months with a personal loan of ₹30,000 when you apply on Bajaj Markets.
