₹4 Lakh Personal Loan

Be it a medical emergency, a down payment, or any other urgent requirement, a personal loan of ₹4 Lakhs can help. You can get the ₹4 Lakh loan on Bajaj Markets through a quick digital application process, anytime, anywhere. Furthermore, you can choose from repayment tenures of up to 96 months. This enables you to comfortably repay the loan by choosing a tenure that suits your financial situation and preferences.

You can check the interest rates offered by lenders that provide ₹4 Lakh personal loan on Bajaj Markets:

Let’s assume you took a ₹4 Lakh loan at an interest rate of 9.99% p.a. The EMI for this loan across various tenures will be as follows:

Some common requirements you need to fulfil to get a ₹4 Lakh loan are as follows:

• The applicant must be an Indian citizen

• The minimum and maximum age of the applicant must be 21 years and 67 years, respectively

• The applicant must have a stable source of income

• In the case of a salaried individual, the applicant must be employed with either a public company, private company, or, MNC

• The CIBIL score of the applicant must be 750 or higher

• The minimum monthly income of the applicant must be at least ₹15,000

The criteria may differ from one lender to another. So, ensure to get a complete list of the requirements from your lender prior to applying. Also, be sure to keep the documents listed here handy for a seamless application process and to avoid any delay:

1.  For Salaried Applicants

• Signature proof

• Bank statements (last 6 months)

• Income tax returns (ITR) filing/Form 16

• Salary slips (last 3 months)

2. For Self-employed Applicants

• Verified business proof

• Income tax challan/ Form 16A

• Form 26 AS

• ITR filing (last 2 years)

• Business financials like the P&L and Balance Sheet of the last 2 years

3. Other Common Documents

• Passport-size photographs

• Identity Proof - PAN card, Aadhaar card, or driving licence

• Address Proof - Passport, utility bills, or property tax receipts

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.