Bajaj Finance Ltd., the lending arm of Bajaj Finserv Ltd., is offering free airline vouchers worth Rs.12,000 on a personal loan. This limited offer comes with the dual advantage of availing a loan with a free airline voucher to the destination of the choice of customer.
The promotional scheme, called 'November 2016 SOL Promotion', is valid only in select Indian cities. Bajaj Finserv is offering three types of airline vouchers based on the amount of Personal Loan, applied for. Under this scheme, customers have to apply anytime between 12:00 am on November 28, 2016 to 11:59 pm on December 4, 2016.
An Airline Voucher will be given to those customers who have applied for an online Personal Loan amounting Rs.four lakh or above, in a single loan application from Bajaj Finserv during the 'Scheme Period' and where the loan is disbursed before December 14, 2016. Those who have applied for an online Personal Loan amount of Rs. eight lakh and above will be given an airline voucher worth Rs.12,000. While those who have applied for an online Personal Loan of Rs.5 lakh to Rs.7.99 lakh will be given a voucher of Rs.7,000. Whereas a Rs.5,000 airline voucher will be handed to those customers who have applied for an online Personal Loan amounting to Rs.4 Lakh upto Rs.4.99 lakh in a single loan application during the 'Scheme Period'.
To participate in this scheme, the customer should have submitted all the documents to the satisfaction of Bajaj Finance Limited. This will be followed by an allocation of a loan account number on or before December 8, 2016 for the online Personal Loan applied for, by Bajaj Finserv during the Scheme Period.
A Processing Fee at the rate of 2.25 percent of the loan amount will be charged on all loans applied under the Scheme.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)