5 Top Bajaj Markets Lending Partners Offering Personal Loans at Low Rates 

A personal loan can be an ideal solution for various needs, be it:

·       Medical emergencies

·       Holiday planning

·       Educational expenses

·       Debt consolidation

This is because personal loans do not come with any usage restrictions, which means you can use the funds for various purposes. Moreover, you can now choose from a host of personal loan apps, such as the Bajaj Markets App, and get instant funding.

However, before you apply, you must consider the interest rate, which is a crucial factor. Read on to learn about Bajaj Markets’ partner lenders[EW1]  offering instant personal loans at low interest rates.

Bajaj Finance Limited

If you need a personal loan without any hassle, choosing Bajaj Finance Limited can be one of the smartest decisions. Here, you get an ample sanction at affordable rates, alongside flexible loan terms. 

Not only that, but their services are also backed by years of trust. The interest rate for the Bajaj Finance Limited instant personal loan starts at 12% per annum. In addition, you can get a loan amount of up to ₹35 Lakhs with a flexible tenure extending up to 6 years.

They also have simple eligibility criteria, which are:

·       You must be an Indian citizen between 21 and 62 years of age

·       You must have a stable minimum monthly income of at least ₹25,000 with a CIBIL score of over 685


With Privo, you can get a personal loan at interest rates starting from 9.99% per annum. As such, choosing this lending option can keep your cost of borrowing low. The Privo personal loan comes with a maximum loan amount of up to ₹5 Lakhs for a flexible repayment tenure ranging between 3 months and 5 years.

The most attractive feature of this personal loan is that the lender disburses the sanctioned amount within 5 minutes of approval. Moreover, there are no prepayment charges if you decide to repay this loan before the end of your tenure.

Axis Bank

On the Bajaj Markets personal loan app, you can also apply for the Axis Bank Personal Loan. With this loan, you can get a maximum loan amount of up to ₹25 Lakhs, which you can use for a variety of purposes.

The interest rate for this loan starts at 10.49% per annum. It can go up to 22% per annum, depending on varied factors, such as your income, credit score, etc. It also comes with a flexible loan tenure of up to 60 months, allowing you to spread your loan repayment over a comfortable period and enjoy manageable EMIs.

YES Bank

YES Bank is yet another trusted name and you can get an instant personal loan. With YES Bank, you get a sanction ranging between ₹1 Lakh to ₹50 Lakhs at an interest rate starting from 10.99% per annum.

This lending option also makes repayment easy with a tenure starting from 12 months to 5 years (60 months). However, if you decide to prepay the loan, you may have to pay a minimal fee.

Kotak Mahindra Bank

Getting a personal loan from Kotak Mahindra Bank can also be a smart choice as the lender offers these loans at interest rates starting from 10.99% per annum. You can get a loan amount ranging between ₹50,000 and ₹25 Lakhs, depending on your income, credit score, etc.

In addition, the repayment horizon on these instant loans extends up to 5 years, making it easier for you to pay off your debt with smaller and more manageable EMIs.

Getting a loan from the above-mentioned partner lenders allows you to choose a cost-effective lending solution. However, you must also consider other factors like processing fees, other charges, and the loan disbursement time when applying for a personal loan.This is when the Bajaj Markets App is a helpful tool, as you can browse different lending options. Not only that, but you can also get offers from instant loan lenders and borrow affordably for any big-ticket expenses. Download the app on the Google Play Store or the App Store.

Also Read: Credit Cards with $2000 Limit Guaranteed Approval: Your Path to Financial Freedom