5 Reasons Why Instant Personal Loan for Students Is A Worth Applying
Is your child unable to qualify for scholarships and can’t meet the conventional education loan’s eligibility conditions? If yes, you don’t have to worry.
If your credit score is strong, you have paid your loan EMIs on time and well employed, you can go for an option. It is an instant personal loan for students.
Based on the eligibility, you can access a large amount to manage the expenses of your child’s education.
Read on and know the reasons why applying for an instant personal loan for students is a smart step!
- A considerable loan amount
The instant personal loan for students can help you access an amount as high as up to Rs.25 lakh. You are free to use the loan money to cater to every need of your child’s higher education and even beyond. It comes with no restrictions on the usages.
2. Quick approvals
Applying for an instant personal loan for students does not mean waiting for long for approval. You can enjoy instant loan approval if you meet lender’s eligibility norms.
3. Faster money disbursements
You can also get your approved loan amount into your bank account within 24 hours*.
4.Flexible repayment tenure
The instant personal loan for students’ repayment doesn’t have to pinch your pockets. You can repay the loan over 60 months and manage your outlays prudently.
5. Easy to meet eligibility norms
The overall eligibility for a personal loan for students is less cumbersome. If you are aged 23–55 years, are a resident Indian and work for an MNC, Public or a Private Limited Company, you may be eligible. You may also have to submit documents related to your identity, employment and income. The loan eligibility may differ from lenders to lenders.
If you are ready, you can compare different loan offers on a third-party platform for free and pick one meeting your needs the best.
Bajaj Finserv offers pre-approved offers on personal loans, business loans, home loans, and more. It is to ease off the loan processing.
You can check out your pre-approved loan offers today after sharing your basic details such as your name and mobile number.
Must Read: Know How You Can Avail Instant Personal Loan For Students
