With flexible terms and competitive rates, you can secure a Rs. 30000 personal loan, with an interest rate that fits your budget. Bajaj Finance now offers loan of up to Rs. 55 lakh, making it easier than ever to meet your financial needs. Whether you're planning a wedding, funding education, or managing unexpected expenses, a personal loan can provide the necessary funds quickly. You can apply for a personal loan online through various platforms, ensuring a hassle-free experience. Visit Bajaj Finserv today to explore your options and find the best deal tailored to your requirements.
Features and benefits of Rs. 30,000 Personal Loan
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Instant loan approval
Get instant loan online within 5 minutes* of applying.
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Disbursal in 24 hours*
Receive money in the bank within a day of loan approval.
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Collateral-free loans
Obtain a personal loan of Rs. 30,000 without pledging security or offering a guarantor.
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Repay in up to 96 months
Select a comfortable repayment tenure of up to 96 months after considering your monthly budget.
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Flexi benefits
Withdraw money from your loan account multiple times and pay interest only on the utilised amount.
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Up to 45% lower EMI
Opt for our Flexi personal loan facility and pay only the interest component as EMIs for the initial part of the tenure.
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Online loan account
Log in to our customer portal, to view your repayment schedule, pay EMIs, make part-prepayments, and download statements.
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100% transparency
Be assured of zero hidden charges as you read our terms and conditions.
Our instant personal loan upto Rs. 30,000 is ideal for short-term and urgent funding needs. It is a collateral-free offering, meaning that you do not need to pledge any security to avail of the loan.
With a seamless online application process and straightforward eligibility criteria, you can receive instant approval within just 5 minutes* of applying. We require only a few key eligibility and documents for personal loan for verification. Once approved, the funds are swiftly disbursed to your bank account within 5 minutes*. Learn more about our personal loan offerings today.
For easy repayment, we offer a tenure of up to 96 months. You can use the Personal Loan EMI Calculator to pick the ideal tenure, striving for a balance between your instalments and total interest payment. With a good CIBIL score, you can secure a competitive interest rate, and we levy no hidden charges.
Our unique Flexi loan facility offers you a loan limit from which you can borrow funds as you go and make part-prepayments at no extra charges. Pay interest-only EMIs for the first part of the loan tenure to reduce your monthly debt outgo by up to 45% *.
Documents required for personal loan for Rs. 30,000 salary
To apply for a personal loan of Rs. 30,000 salary, you must submit key documents such as ID proof, address proof, and income proof. For detailed information, check the documents required for personal loan.
- KYC documents: Aadhaar/ passport/ voter’s ID/ driving license/ Letter of National Population Register/ NREGA job card
- PAN card
- Employee ID card
- Salary slips of the last 3 months
- Bank account statements of the previous 3 months
- Piped gas bill
- Pension order
- Letter of Allotment of Accommodation Issued by Employer
- Property / Municipal tax receipt
- Utility bill
- Real-time image / photograph
- Ration card
How to calculate your Rs. 30,000 personal loan EMI
Tenure |
Approximate EMI at 16% interest rate |
2 years |
1,426 |
3 years |
1,011 |
5 years |
683 |
You can calculate the EMI using our personal loan EMI calculator. All you need to do is enter the amount, tenure, and rate of interest to estimate the equated monthly instalment.
Eligibility criteria for personal loan on Rs. 30,000 salary
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Nationality
Indian
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Age
21 years to 80 years*
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CIBIL score
685 or higher
As a salaried professional, you can easily get a personal loan of Rs. 30,000 in major Indian cities. Use our Personal Loan Eligibility Calculator to apply for a loan amount that matches your income and fixed obligations.
Interest rates and fees on instant personal loan of Rs. 30,000
Bajaj Finance offers attractive personal loan interest rates and charges. Moreover, you are assured of zero hidden charges and 100% transparency. Use interest calculator to estimate your monthly payments.
Personal loan interest rate and applicable charges
| Type of fee | Applicable charges |
| Rate of interest | 16% to 31% p.a. |
| Processing fees | Up to 3.93% (Inclusive of applicable taxes) of the loan amount. |
| Flexi Fee | Term Loan – Not applicable Flexi variant - A fee will be deducted upfront from the loan amount (as applicable below)
*All the Flexi charges above are inclusive of applicable taxes *Loan amount includes approved loan amount, insurance premium, and VAS charges. |
| Bounce charges | Up to Rs. 1,200/- per bounce “Bounce charges” shall mean charges for (i) Dishonor of any payment instrument; or (ii) Non-payment of instalment (s) on their respective due dates due to dishonor of payment mandate or non-registration of the payment mandate or any other reason. |
| Part-prepayment charges | Full Pre-payment: Foreclosure can be processed post clearance of first EMIs. •Term Loan: Up to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount as on the date of full pre-payment. •Up to 4.72% (Inclusive of applicable taxes) of the principal amount of Loan prepaid on the date of such part Pre-Payment. |
| Penal charge | Delay in payment of instalment(s) shall attract Penal Charge at the rate of up to 36% per annum per instalment from the respective due date until the date of receipt of the full instalment(s) amount. |
| Stamp duty (as per respective state) | Payable as per state laws and deducted upfront from loan amount. |
| Annual maintenance charges | Term Loan: Not Applicable |
Note: Additional cess if any, will be applicable to all charges according to state law.
*Terms and conditions apply.
Steps to apply for a Rs. 30,000 personal loan
Follow these steps to get a personal loan of Rs. 30,000 immediately:
- 1 Click on ‘APPLY ONLINE’ to access our short online application form
- 2 Enter your phone number and authenticate yourself with an OTP
- 3 Fill in your basic KYC, income, and employment details
- 4 Upload the documents required and submit the form
Our representative will get in touch with you and guide you through the next steps.
*Conditions apply
Purpose of Rs. 30,000 Personal loan
A Rs. 30,000 personal loan is a versatile financial solution to cater to various immediate needs. Here are some common purposes for such loans:
- Travel expenses: Plan your dream vacation without worrying about upfront costs. Opt for an instant loan for travel and pay for flights, accommodation, and activities conveniently.
- Wedding costs: Cover wedding-related expenses, from venue bookings to attire and catering. An insta personal loan for wedding helps make your special day memorable without financial stress.
- Higher education: Manage tuition fees or related costs with ease by applying for a insta personal loan for higher education and invest in a better future.
- Medical emergencies: Tackle unexpected medical expenses swiftly with a insta personal loan for medical emergency to ensure uninterrupted care for your loved ones.
- Home expenses: Renovate, repair, or upgrade your living space effortlessly using a insta personal loan for home expenses and enhance your home’s comfort and functionality.
These loans provide quick disbursal, minimal paperwork, and flexible repayment options, making them ideal for addressing urgent financial needs.
Other instant personal loan options
Frequently asked questions
You can get a Rs. 30,000 loan by following the below steps
- Click on ‘CHECK OFFER’.
- Enter your 10-digit mobile number and OTP.
- Go with the pre-assigned limit or choose a different loan amount.
- Choose a repayment tenure that suits you best.
- Click on ‘PROCEED’ to complete the online process.
The online process may differ depending on whether you are a new customer or have an existing relationship with us. Once the process is done, the funds will be disbursed to your account immediately, within 30 minutes* to 4 hours.
*Applicable for select customers
For our Insta Personal Loan, you do not have to check eligibility criteria such as your credit score or salary. We extend pre-approved offers after assessing the creditworthiness of borrowers.
Some of our select customers can get an Insta Personal Loan without needing to submit any documents, such as salary slips or bank statements.
Obtaining a Rs. 30,000 personal loan without income proof or salary slip can be difficult. Lenders usually require proof of income to assess repayment ability while approving a personal loan.
Yes, you can get our personal loan without having to submit any collateral such as gold ornaments or property.
Obtaining a Rs. 30,000 loan without a CIBIL score can be challenging. Lenders usually assess creditworthiness through CIBIL scores to mitigate risks.
Our Insta Personal Loan comes with repayment tenure ranging from 12 months to 96 months.
Our Insta Personal Loan comes with pre-approved offers, so you may not have to check eligibility criteria prior to applying.
Our Insta Personal Loan comes with pre-approved offers, so you do not have to wait for approval after application.
Lenders usually require proof of income to assess repayment ability while approving a personal loan.
Eligibility for an urgent cash loan depends on factors like a stable income, good credit score, and valid identification. Meeting these criteria increases your chances of quick loan approval.
Salary requirements can vary. It’s important to review the eligibility criteria and terms and conditions before submitting your personal loan application.
