Business Wire India
When you face a medical emergency, there is a possibility that you will need quick access to financing. Time is of the essence, and while medical insurance is bound to cover most expenses, a personal loan can be a handy tool to have access to.

A personal loan, as you may already be aware of, is an unsecured loan that is easy to avail of and comes with a number of convenient repayment options. Not only can you get one with relative ease, but it can help you manage your emergency without having to dip into your savings or investments.

Bajaj Finserv, through its lending and investment arm Bajaj Finance Limited, offers online personal loans that can be used to finance a medical emergency or any other unplanned expense.

How to get a personal loan to manage your medical emergency

With Bajaj Finserv, you can apply online and avail of a medical emergency loan in just four simple steps. Read on to know what these steps are:

Step 1: Check if you meet the eligibility criteria
The first step before you start on the paperwork for any personal loan is to see if you meet your NBFC’s eligibility criteria. The criteria is a list of parameters that assures the lender of your creditworthiness. Bajaj Finserv has a very basic set of parameters that it considers, mainly:

• 2-click application process: Existing customers of Bajaj Finserv only need to submit their name and contact number to check their pre-approved loan offer. From here, you can select the amount you want to borrow from the approved amount and get the money.
• High loan amount: You can get sizeable funds with our personal loan, which can cover almost all aspects of treatment and expenses without straining your savings.
• Long tenures for loan repayment: Bajaj Finserv offers customers convenient repayment tenures. You can use the online EMI calculator to plan your EMIs better.