Tuesday, September 17, 2019
News
NEWS HOME
»
PRESS RELEASES

Manage Multiple Debts With Bajaj Finserv Personal Loan
  SocialTwist Tell-a-Friend  
   


Date: 24-08-2019 12:26PM
Source: Bajaj Finance Ltd.
Category: General, Consumer Interest, Internet, Lifestyle, Banking & Financial Services
Location: Pune, Maharashtra, India

Business Wire India
In today's age of credit cards and easy financing options, it is very convenient for people to fulfill their needs and desires. From a smartphone to a television, refrigerator, designer clothes, foreign trip, car and more, one can easily afford all of these through instant loans and cards. This has definitely helped consumers to improve their standard of living and enjoy the luxury of various goods and services by shelling out multiple monthly EMIs.

However, it can often strain your finances and lead to the payment of penal interest and late charges due to default on payments.

In such a scenario, it’s extremely important to ensure financial security. For this, Bajaj Finance Ltd., the lending and investment arm of Bajaj Finserv, has come up with an exclusive personal loan for debt consolidation. By consolidating your debts, you can combine multiple monthly debts into one new loan.

This option of combining the debts and repaying it with a personal loan by Bajaj Finserv comes with various benefits-

  • Ease of repayment with a single EMI – It is always better and convenient if one has to pay only one EMI every month at a much-reduced interest rate. This also eliminates the risk of penalty on late payments and defaulters that arise due to mismanagement of multiple EMIs and scarcity of funds. Personal loan for debt consolidation from Bajaj Finserv offers affordable repayment over 60 months. As this loan is collateral-free, one doesn’t need to risk any personal asset.
  • Reduced expenses – Paying off personal loan interest is more affordable than paying interest on multiple loans and credits. Through this, you can cut back on expenses that may be made due to hefty interests and enhance your savings.
  • Faster approval and disbursal – If a consumer chooses the right lender for a personal loan to repay his/her debts, it helps save on time too. Bajaj Finserv is offering instant approval with disbursal within 24 hours of document verification. This helps the customer to avoid delay in repayment of debts. One can also avail pre-approved offers to further save time and get instant financing.
  • Improved credit score – With multiple loans, there are chances you may default on payments, which will lead to your credit score getting affected. However, if a person consolidates his debts, reduces his expenses, and pays back installments on time, it certainly helps in improving the credit score. Credit score plays a very important role when one needs to borrow funds; hence it is vital to maintain a good credit score in the long run.

In addition, the Bajaj Finserv Personal Loan for Debt Consolidation comes with the flexi loan facility with which you can borrow as much as you need and prepay at ease. Use the Bajaj Finserv Personal Loan EMI Calculator to check how your loan is likely to affect your monthly outlay. Not only this, but you can also check pre-approved offers that simplify the process of availing the loan and help you save on time too.
About Bajaj Finance Limited

Bajaj Finance Limited, the lending arm of the Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 36 million customers across the country. Headquartered in Pune, the company’s product offering includes Consumer Durable Loans, Lifestyle Finance, Digital Product Finance, Personal Loans, Loan against Property, Small Business Loans, Loans for Professionals, Home loans, Credit Cards, Two-wheeler and Three-wheeler Loans, Commercial lending/SME Loans, Loan against Securities and Rural Finance which includes Gold Loans and Vehicle Refinancing Loans along with Fixed Deposits. Bajaj Finance Limited prides itself on holding the highest credit rating of FAAA/Stable for any NBFC in the country today. It is also the only NBFC in India with the international ‘BBB’ with stable outlook for long-term, by S&P Global Rating.

To know more, please visit: https://www.bajajfinserv.in


More Press Releases

New nCipher HSM as a Service Delivers High-Assurance Security for Organizations Adopting Cloud-First Strategies

MuscleBlaze Launches a Whey Protein to Solve India's Protein Problem

JW Marriott New Delhi Aerocity Paves the Way to Sustainability With an A.I. Aided Water Treatment Plant, the First in India

FSS and Oracle Partner to Transform Digital Payments

Mavenir’s Virtualized Radio Access Network (vRAN) Awarded ‘Best Ran Technology’ at 5G Asia for Second Year in a Row

Virgin Voyages Reveals High-fashion Uniform Collection Designed by Gareth Pugh With a Star-studded Celebration at London Fashion Week

High Performance Cryptocurrency Mining Rigs Released by BitHarp

Velodyne Executive Addresses Why Lidar is Necessary for Safe Vehicle Automation at IAA 2019 Conference

PSE plans to become part of Siemens

Statement From The We Company

DXC Technology Announces Competition for Startups to Drive Insurance Industry Innovation

Merck Foundation Partners With the First Lady of Zimbabwe to Build Healthcare Capacity

Busan to Host the 24th Busan International Film Festival and G-STAR 2019

Jefferies to Hold Global Relief Day in Support of Hurricane Relief in the Bahamas Today, September 16

Leverage Your Finances Hassle-Free With the Bajaj Finserv RBL Bank SuperCard

Wipro, Industrie 4.0 Maturity Center Ink Strategic Partnership

Herbalife Nutrition Joins Hands With Maharashtra Government to Rejuvenate and Develop Water Resources in the State

World’s Leading Mobile Operators to Disclose Climate Impacts as Part of New GSMA-Led Climate Action Roadmap

Government of Bangladesh Works With IBM to Accelerate Innovation and Strengthen the Ecosystem for Digital Technologies

GSMA GLOMO Awards 2020 Now Open for Entries

GSMA Announces First Speakers for Mobile 360 – Eurasia 2019

Product of the Year Launches New and Impactive Intiative With Chandramouli Venkatesan

Insurance Leaders and Visa Digitize Claims Payouts for Individuals and Businesses When They Need It Most

Velodyne Shows Velarray Lidar in Sleek Car Designs at IAA 2019 Conference

 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
Asaram, Chinmayanand have damaged religi...
Final NRC has only started problems for ...
Panther's party urges president to revok...
Not right time to visit North Korea: Don...
Coimbatore: Social activists protest aga...
Cong plans pointsmen to regain Dalit vot...
More...    
 
 Top Stories
My best yet to come: Qatar draw her... 
Voting underway for Israel parliame... 
Buddhist leader greets Modi as Lada... 
India's goalless draw against Qatar... 
Qatar draw an important milestone i... 
Voices of dissent emerge in UP Cong... 
Rahul wishes good health, happiness... 
BS Yediyurappa promises separate Se...