Digital personal loans from Finserv MARKETS – Access to money made simple and easy

Based on your need, you can choose from a host of personal loan partners of Finserv MARKETS.

The COVID-19 infections curve is gradually flattening in India. As per the official data released by the Government of India, from a single-day high of about 97,894 new coronavirus cases recorded on September 17, the daily count has come down to about 49,881 by end of October. The lockdown in the previous months and the spread of COVID-19 led to a sharp slump in economic activity and hence, income for many individuals. According to a recent report from credit information bureau Experian India*, nearly 43 per cent of Indian consumers have indicated that their household income has declined since the COVID-19 pandemic began.

However, as the number of new Coronavirus cases is going down, an interesting trend also seems to be catching up. A recent estimate by TransUnion CIBIL suggests that the demand for personal loans will increase by 15 per cent over the next 12 months. This is likely due to the pent-up demand in the economy that could lead to spending in a range of areas, from strengthening small businesses to festive and celebratory spending, like the spending around Diwali.
However, in these times when social distancing norms are in place and it pays to stay-at-home, getting personal loans without moving out is something most borrowers look forward to. Utmost care still needs to be taken while stepping out for day-to-day chores, especially as we gear up for festivities in the coming days. In such a situation, the convenience of shortlisting, applying and then getting a loan disbursal online is of great utility.

How Finserv MARKETS can help

Thankfully, Finserv MARKETS, a financial services marketplace, makes it possible for anyone to avail a loan at their own convenience. With this proprietary platform, when it comes to lending, you can connect with some of the best lending institutions in India. Based on your need, you can choose from a host of personal loan partners of Finserv MARKETS. Be it the much awaited home renovation for Diwali, getting gifts for your loved ones, or to expand your business, a personal loan can provide the much-needed financial legroom you have been looking for.

Bajaj Finserv Flexi Loan

Of the several options available on Finserv MARKETS, Bajaj Finserv Flexi Loan has some features that make it stand out amongst its peers. Let us take a look at some of these features.

Interest only EMI: On taking the Bajaj Finserv Flexi Loan, you need to repay only the interest amount during the initial period of the loan. Paying only the interest amount and not any portion of the principal during the initial period of the loan keeps the monthly installments low. The monthly outgo thus remains low for you compared to paying the regular or full EMI.

Zero part payment: You have complete flexibility and control over the principal amount of loan. You can choose to make part-payment of the principal loan amount entirely online. Further, there are no charges involved in making any such part-payments of the principal amount.

Unlimited withdrawals: A financial need may arise anytime and meeting such a requirement is made easy by Bajaj Finserv Personal Loans. You can make as many withdrawals as you need within your sanctioned limit and the amount will be credited to your account within 24 hours.

Easy access using Finserv MARKETS App: All the above-mentioned features are available to you 24×7, that too on your fingertips through the Finserv MARKETS App. This makes the entire process right from applying for a loan to repayment, completely hassle-free.

Fullerton Personal LoansPacked with customer-friendly features such as instant approvals, quick disbursal, the Fullerton Personal Loan can also be availed on Finserv MARKETS without having to visit any office. You can avail a loan of up to Rs. 25 lakh and repay it in easy EMIs over flexible repayment tenures of up to 60 months. This loan also comes with attractive seasonal discounts in interest rates and processing fees, for your festive spending needs like making purchases, home renovations or stocking inventory for small businesses.

Accessing money was never so easy and simple. Personal loans from Finserv MARKETS go a step forward and help keep the family’s long-term financial goals on-track. After all, taking a personal loan can help you in keeping your emergency funds kitty or the investments earmarked for family goals untouched. You can also check your Credit score using Finserv Markets Free Credit Report.

Finserv MARKETS is a one-stop digital solution to explore and find out the right loan that suits your needs. With festivities around and access to money at your fingertips, the moments spent with your family can be cherished for long with money well spent! Your dreams need not wait anymore. Apply for a personal loan today!

*The data as per the press release of Experian dated October 14, 2020
** As per the ‘Retail credit outlook’ 2020 report of TransUnion

(This article is sponsored by Finserv MARKETS)