Who is Bajaj Finserv?
Bajaj Finserv is one of India’s leading financial service providers, known for its comprehensive range of products and customer-centric approach. As part of the Bajaj Group, a 96-year-old conglomerate, Bajaj Finserv has carved a strong presence in the financial industry. Its innovative offerings span across lending, insurance, wealth management, and more, making it a preferred choice for millions of Indians.
What Does Bajaj Finserv Do?
Bajaj Finserv specializes in delivering financial solutions tailored to the needs of individuals and businesses. From personal and business loans to credit cards and investment products, the company simplifies complex financial needs. It emphasizes speed, transparency, and customer satisfaction, ensuring a seamless experience for its users.
What Are Bajaj Finserv’s Main Products?
Bajaj Finserv provides a wide array of products, including:
- Personal Loans : Quick, unsecured loans for various financial needs.
- Business Loans : Tailored solutions to help businesses grow and expand.
- Home Loans : Competitive rates and flexible terms for homebuyers.
- EMI Cards : Enables purchases with easy installment options.
- Credit Cards : Designed with exclusive benefits and offers.
- Fixed Deposits : Secure investment options with attractive returns.
- Insurance Plans : Comprehensive coverage across health, motor, and life insurance.
How Does Bajaj Finserv’s Personal Loan Work?
Bajaj Finserv’s personal loans are designed for speed and convenience. Here's how it works:
- Loan Amount : Borrow up to ₹25 lakhs to meet diverse financial needs.
- Flexible Tenure : Repayment periods range from 12 to 60 months.
- Simple Eligibility : Applicants must meet basic criteria, such as age (21-67 years), income requirements, and stable employment.
- Instant Approval : Applications are approved quickly, with disbursal within 24 hours.
- No Collateral : Loans are unsecured, meaning no asset is required as security.
What About Cards?
Bajaj Finserv doesn’t offer a traditional credit card but provides the Bajaj Finserv Insta EMI Card , a unique solution trusted by over 4 crore customers . This card is designed to simplify shopping by enabling purchases across a wide range of products with easy EMIs. Here’s what makes it stand out:
- Pre-Approved Loan Limit : Enjoy a pre-qualified loan amount of up to ₹3,00,000, which can be used for shopping both online and offline.
- Wide Acceptance : The Insta EMI Card is accepted at 1.5 lakh+ partner stores across 4,000+ cities , offering access to over 1 million products.
- Digital Convenience : Use the digital version of the card to convert purchases into EMIs instantly, without the need for extensive documentation.
- Flexible Repayment : Choose a repayment tenure that suits your budget, ranging from 3 to 60 months .
- First Offline Transaction : To unlock maximum benefits for online shopping, customers need to complete their first transaction at an offline partner store.
The Bajaj Finserv Insta EMI Card offers a seamless way to make high-value purchases without immediate financial strain, making it a preferred option for budget-conscious shoppers.
What Are the Benefits of Bajaj Finserv?
Bajaj Finserv stands out due to its customer-focused advantages:
Fast Processing
Quick approvals and disbursals across all products.
Digital Accessibility
User-friendly platforms for applying, tracking, and managing finances.
Customizable Options
Tailored solutions to meet specific requirements.
Transparent Terms
No hidden charges, ensuring clarity for customers.
Flexible Repayments
Multiple repayment options to ease financial stress.