Top reasons to get a quick personal loan this holiday season
New Delhi | Jagran brand office: With the holiday season already here, you might be looking forward to celebrating with your loved ones. Most families are already busy renovating, remodeling and cleaning their homes, preparing to welcome guests and parties. On the other hand, many consider this time to be auspicious and make large purchases such as cars, jewelry, and gold.
However, meeting all of these needs over the long festive period requires sufficient funds. You can still turn to your savings, but you run the risk of depleting future security, which can hurt your party spirit. To avoid this, a viable option to consider is a quick personal loan. With the funds of a personal loan, you can finance all your expenses without straining your savings. Plus, you don’t have to cap your spending or compromise on your goals and dreams.
Read on to find out why you should go for a quick personal loan this holiday season.
Access a large amount to finance each festive purchase
With a quick personal loan, you can borrow a great value penalty. Use it to fund a wide range of purchases. Being an unsecured offer, a personal loan eliminates any risk to your assets as it does not require you to give any collateral. Note that lenders will assess your financial profile and repayment capacity before granting loan approval. So be sure to check the lender’s personal loan eligibility criteria before applying for the loan.
In addition to not requiring any collateral, this loan has no restrictions on its use. This gives you complete freedom to use the sanction of the personal loan to facilitate any expense. You can use this loan amount to renovate your home, buy gifts for relatives and friends, make major purchases for yourself, or finance an international trip with your family. Use the funds from a quick personal loan to sweeten the party atmosphere in your home. A small amount loan can guarantee great celebrations with all the bells and whistles without financial constraints!
Benefit from a quick procedure that guarantees quick access to financing
Festivals are the busiest time of the year. Several tasks require your attention and the addition of a lengthy loan application process only adds stress to the experience. Plus, with shopping portals offering sales for a limited time, you need immediate access to funds to grab the best deals. Fortunately, applying for a personal loan is a quick, hassle-free and simple process.
Nowadays, most of the lenders have digital provisions which makes it easy to get a personal loan. Apply online for the best experience, and you can enjoy this benefit from the comfort of your home too! Moreover, most of the leading lenders offer personal loan application, with the help of which you can apply for a quick personal loan in a flash. No collateral is required, you just need to meet the eligibility criteria to get approval.
Get the money in your bank as fast as you want
No need to pledge collateral, a quick personal loan application process is quick and easy. Being an unsecured loan, lenders do not need to go through cumbersome asset valuation procedures. Therefore, most of the reputable lenders offer fast approval within minutes of meeting the eligibility criteria. Ideally, this is supplemented by the same day disbursement of the loan amount. As such, you don’t miss out on any expense, nor should you miss out on time-limited offers due to lack of money.
Repay the loan at a lower cost, without tarnishing the festive spirit
Repayment is often a concern for many, but that’s not a problem with a personal loan. With flexible term options and competitive rates, you can pay off the loan comfortably. Lenders may even have provisions that allow you to tailor payments to suit your financial strategy.
A quick personal loan is the best financing option this holiday season, and it has so much to offer. However, you need to choose the right lender to make sure you get all of its benefits. A great option to consider is the Bajaj Finserv personal loanbecause it provides easy access to a heavy loan penalty and a range of other value-added features. Here you can get approval up to Rs.25 lakh without the need to pledge any assets. It offers a competitive personal loan interest rate and flexible repayment terms of up to 60 months.
To further lighten your repayment burden, Bajaj Finserv offers the Flexi loan facility. Here you can choose to pay interest-only IMEs and reduce your monthly payments by up to 45% *. To truly enjoy a hassle-free experience, be sure to use the online calculator to calculate personal loan EMI and / or check personal loan eligibility on the Bajaj Finserv website. Getting a fast personal loan is easy with Bajaj Finserv, and to get started right away, check your pre-approved offer right away.
(Note: The article is written by the Brand Desk.)