The market of unsecured loan in India accounted for around Rs.5 trillion as of March 2018. The main reason for such massive growth is the simpler process of availing such credits courtesy top financial institutions. They have also introduced business loan apps for further simplification of the application process.
One such platform is the Bajaj Finserv App that allows borrowers to avail credits with a single click. It is available on both Android and iOS platforms. One can apply for the loan with this business loan app. Users can obtain details about various financial products and services that the lender offer and easily apply for them through the app.
Easy Access To Various Financial Products
The instant loan platform from Bajaj Finserv offers easy availability of finances for borrowers. They can apply for an advance with the help of a few clicks. It provides features like –
- Drawdown facility
Borrowers can avail this facility from this app to instantly avail funds when required. It ensures that a borrower can avail the total sanctioned amount in parts according to their convenience. Drawdown helps reduce their debt as interest is charged only on the utilised amount. It is beneficial for small businesses functioning on breakeven budgets during their growth phase.
- Customized Pre-approved Offers
Borrowers can find personalised pre-approved offers for them in the Experia app. The offers are tailor-made to suit the financial requirements of an individual.
Pre-approved offers simplify the procedure of availing finances and to speed up the process. These offers are valid on various financial products and services including home loans, personal loans, business loans and more.
A borrower can easily higher an urgent business loan. They can simply apply for the loan after completing the basic application and submitting the necessary documentation soft copies. Verification will include a call from the customer representative and post approval, the loan can be disbursed within 24 hours.
Features Of The Bajaj Finserv Experia Personal Loan Apps
- Easy Relations Management
This app provides easy access for users to all current and previous credit details. They can create a new transaction or download the earlier statements with just a few clicks.
- Multiple Payment Facilities
Borrowers can make payments with the help of Experia in any convenient way. They can obtain all the required details regarding their future payments and can automate them on the platform. Also, borrowers can acquire details of various facilities regarding part pre-payment and foreclosure on this app. Furthermore, they can avail such facilities through this app with a few clicks.
- Receive Notification
Borrowers can receive information regarding all their financial transactions on this app. They can obtain statements, payment related details all on their home screen.
- Raise A Request
Borrowers can raise a request regarding any issue they are facing. They can check the status of their current request on the app dashboard. Also, this app allows individuals to fetch details of claims they have previously logged in.
- Easy Download Process
Here is the complete procedure to download the Bajaj Finserv App from playstore or IOS. Go through the steps:
Step 1- Download the app
Users can download the Bajaj Finserv Experia app from both the Google Play Store and the Apple Apps store for their Android and iOS platforms, respectively. After the downloading process is completed, they need to install the app and link it to their device to use it.
Step 2- Log in
Customers can log in with their Experia ID or their mobile number. They will receive an OTP for authentication, and upon submitting an OTP, they can successfully register. Furthermore, they can also login to this app via Facebook.
Step 3 – Browse through the products
After logging in, users can check the previous transactions. They can find their credits in the current section if they have any existing loans. Also, there are personalised pre-approved offers provided for borrowers in the recommended section.
The Bajaj Finserv Experia App provides easy access to a plethora of financial products. Borrowers can apply for such credits with a few clicks. It is advised to apply for the urgent business loan as per the eligible loan amount which too can be determined from the app.