Bajaj Finserv is an Indian non-banking finance services company that has become quite renowned nowadays. I once availed of a personal loan from them so I can guide you with the Bajaj Finserv personal loan processing time. It usually takes a week to get the loan approved but it can get delayed.
What is the Bajaj Personal Loan Approval Time?
The personal loan approval time depends on the type of lender you opted for so let me share a list of them here-
- Peer-to-peer lender:
Peer to peer lending provides the advantage of dealing with the person who is willing to provide the fund. No middleman is involved in this process and the borrower can avail the loan at a competitive rate even with a low CIBIL score. In such cases, the loan gets approved easily within a few days.
- Online direct lenders:
Online direct lenders help borrowers get their personal loans approved easily. Once the borrower fills out the relevant form and uploads all the documents online, the loan gets processed. If all seems good, the loan gets approved within a week or two.
- Banks:
Banks take the most time to get the personal loan approved. This is because they have several norms to follow. They usually take a few days to a week or more to get the loan approved.
However, in the case of a Bajaj Finance personal loan approval time, the loan gets disbursed instantly or within a day. But if it takes more time, around a week or two, feel free to contact Bajaj Finance and ask them the reason for the delay. I hope this answers your query: what is the Bajaj Finance personal loan process time.
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What is Bajaj Finserv Personal Loan Processing Time?
Barkha
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2024-05-07T08:22:48+00:00 2024-05-07T08:32:01+00:00Comment
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