Features and benefits

  • Unsecured loans

    Unsecured loans

    Avail of our personal loans without pledging any assets as security or collateral for the loan.

  • Same-day approvals*

    Same-day approvals*

    Get near-instant approval by meeting the eligibility criteria and filling out an easy application form online.

  • Funds in 24 hours*

    Funds in 24 hours*

    Get funds directly disbursed to your bank account in under 24 hours.

  • Minimal documentation

    Minimal documentation

    Apply for the loan easily by submitting only essential documentation.

  • Pre-approved loans*

    Pre-approved loans*

    Special offers for our existing customers include pre-approved loans*.

  • Online loan management

    Online loan management

    Track payments and manage your loan, all from the comfort of your home and completely online.

  • Flexible repayment tenor

    Flexible repayment tenor

    Get flexible tenor options that range up to 96 months, with the help of a Personal Loan EMI Calculator.

  • No hidden fees

    No hidden fees

    We ensure 100% transparency for all loan dealings with a guarantee of no hidden charges.

  • Reduce EMIs by up to 45%*

    Reduce EMIs by up to 45%*

    Our Flexi loan facility ensures convenient EMI payments*. Manage your finances efficiently with this facility.

Simplify borrowing by applying for a hassle-free personal loan with Bajaj Finserv. Your convenience and comfort are the foremost factors on our minds. That is why we provide flexible loan terms with competitive personal loan interest rates.

The application process is simple, efficient, and requires just a few basic documents. You can avail of the Flexi facility and handle monthly payments with ease by choosing to reduce your EMIs by up to 45%*. A Bajaj Finserv Personal Loan is the solution for your urgent financial needs.

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How much EMI will I need to pay for a personal loan of Rs. 20 lakh?


Approximate EMI at 13% interest rate

2 years


3 years


5 years


Eligibility criteria

  • Age


    21 years to 80 years*

  • Nationality



  • Employment status

    Employment status

    Salaried individual employed either by a public/ private company, or an MNC

  • CIBIL score

    CIBIL score

    Check your CIBIL Score for FREE

    685 and above

To know how much you can qualify for, use the Personal Loan Eligibility Calculator.

Fees and charges

The Bajaj Finserv Personal Loan for Rs. 20 lakh comes with nominal charges and completely transparent terms.

How to apply for a personal loan of Rs. 20 lakh?

For easy access to funding, follow this easy 4-step guide:

  1. 1 Click 'APPLY ONLINE'
  2. 2 Enter the required financial, personal, and professional information in the online form
  3. 3 Choose the loan amount and a favourable repayment tenor
  4. 4 Provide all essential documents and submit the form

Upon completing the online steps, await contact from our authorised representative.

*Conditions apply

Frequently asked questions

How to get a personal loan of Rs. 20 lakh?

Here’s a step-by-step guide to applying for a personal loan of Rs. 20 lakh:

  • Enter the personal, financial and employment details in the online loan application form
  • Choose the loan amount and the repayment tenor
  • Submit all the relevant documents to the representative
  • Once approved, you will get the loan amount credited to your account
What is the EMI for a personal loan of Rs. 20 lakh?

The EMI of a personal loan varies on the interest rate and loan repayment tenor. To calculate the EMI amount, use the Bajaj Finserv Personal Loan EMI Calculator and get results instantly. Let’s take an example to get a clear understanding. If your lender imposes an interest rate of 15% on your personal loan of Rs. 20 lakh over a tenor of five years, you need to pay Rs. 47,580 as a monthly instalment.