Personal Loan of Rs. 60,000

Personal Loan of Rs. 60,000

Get a Bajaj Finance Personal Loan at rates starting from 10% p.a., with amounts up to Rs. 55 lakh and disbursal within 24 hours. Check your offer using only your mobile number and OTP, without visiting a branch.
Loan Types

Loan Types

Calculator

Calculator

FAQs

FAQs

Video

Video

Rs. 40,000 - Rs. 55 lakh

Calculate your EMIs

You may be eligible for a pre-approved offer

Check now

Enter mobile and OTP | Check offer | No branch visit needed

 
 

Key takeaways


A personal loan of Rs.  60000 can help you manage expenses such as debt consolidation, weddings, medical needs or home improvements. You can apply online and check a pre-approved offer using your phone number and OTP, without visiting a branch.


  • Repayment tenure: 12 months to 108 months
  • Interest rate: 10% and 30.5% per annum.
  • CIBIL Score: 650 or higher 
  • Disbursal: Within 24 hours*  of document verification
  • Collateral: Not required — fully unsecured loan
  • Eligibility: Salaried or self-employed Indians aged 21 years to 80 years*

You can check your eligibility using only your mobile number and OTP, without visiting a branch.

Looking for a Rs. 60,000 personal loan? With flexible terms and competitive interest rates, Bajaj Finance makes it easier than ever to secure funds that fit your budget. Whether you need to consolidate debt, plan a wedding, manage unexpected medical expenses, or renovate your home, a personal loan can help you handle your needs with ease.


✅  Check your pre-approved loan offer with phone number and OTP → Apply online in 5 minutes → Receive funds within a day*.


Show More Show Less

Features and benefits of a personal loan of Rs. 60,000

  • High loan amounts

    Manage both small and large expenses with quick personal loans ranging from Rs. 40,000 to Rs. 55 lakh—perfect for business investments, property purchases, or major life events.

  • Flexi loans

    Make multiple withdrawals from a dropline limit and pay interest only on the withdrawn funds, with our Flexi loans.

  • Pre-approved offers

    You can check if you have a pre-approved offer for a personal loan with just your phone number and OTP – no need to visit the branch.

  • Convenient repayment tenures

    Manage your loan easily with flexible repayment options ranging from 12 months to 108 months, allowing you to choose EMIs that fit your income cycle and budget. Use the Personal Loan EMI Calculator to plan repayment in an informed manner.

  • Approval in just 5 minutes*

    Complete your entire personal loan application online from the comfort of your home or office and get an instant personal loan with lightning-fast approval.

  • Money in account within 24 hours*

    Your bank account will be credited with your loan amount within 24 hours* of approval, or in some cases, on the same day—ideal for urgent business or personal needs.

  • Complete transparency - no hidden charges

    Our fees and charges are mentioned clearly on this page and in all loan documents. We maintain complete transparency, allowing you to make informed financial decisions. Check our terms and conditions for clarity.

  • Convenient loan management

    Log in to our customer portal to track all information related to your loan, such as EMIs due, repayment schedule, and more.

  • No guarantor or collateral needed

    You don't need to provide any collateral such as gold ornaments, property papers, or have someone stand as a guarantor—completely unsecured financing.

*Terms and conditions apply.


Show More Show Less

Eligibility criteria for Rs. 60,000 personal loan

A Rs. 60,000 personal loan is generally available to eligible Indian citizens who meet the lender’s age, employment and credit score requirements. Use the personal loan eligibility calculator to understand your eligibility before applying.


NationalityIndian
Age21 years to 80 years
Employed withPublic, private, or MNC.
CIBIL Score650 or higher.
Customer profileSelf-employed or Salaried

*You must be 80 years or younger at the end of your chosen loan tenure.


You can check your eligibility instantly using just your mobile number and OTP — no branch visit or paperwork needed at the eligibility stage.

Show More Show Less

Documents required for Rs. 60,000 personal loan

For a Rs. 60,000 personal loan, applicants may need to provide documents that verify their identity, address, employment, income and banking details. Check the documents required for a personal loan to understand the documentation applicable to your profile.


Document categoryExamples
KYC proofAadhaar, passport, voter’s ID, driving licence, NPR letter or NREGA job card
Employment proofEmployee ID card or employer-issued accommodation allotment letter
Income-related documentsSalary slips from the last 3 months or pension order
Banking detailsBank account statements for the previous 3 months
Address proofUtility bill, piped gas bill, phone bill, property or municipal tax receipt
Additional documentsPAN card, ration card and recent real-time photograph


Submitting clear and valid documents can help avoid delays during the application process. The lender may request additional documents depending on the applicant’s profile.

Show More Show Less

Estimate your monthly EMI for Rs. 60,000 personal loan

For a Rs. 60,000 personal loan at 10% p.a., choosing a 2-year, 3-year or 5-year repayment period results in different monthly instalment amounts.


Loan Amount (Rs.)Interest Rate (p.a.)TenureApproximate EMI 
Rs. 60,00010%2 yearsRs. 2,769
Rs. 60,00010%3 yearsRs. 1,936
Rs. 60,00010%5 yearsRs. 1,275
Show More Show Less

How to calculate interest rate and EMI on a Rs. 60,000 personal loan

Bajaj Finance Personal Loan interest rates range from 10% to 30.5% p.a., depending on eligibility and applicable terms.


To calculate the EMI, open the interest rate on personal loan page, note your applicable rate, then enter Rs. 60,000, the interest rate, and chosen tenure in the EMI calculator. The calculator will display your estimated monthly EMI.

Show More Show Less

Purpose of a Rs. 60,000 personal loan

A Rs. 60,000 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 personal loan for travel and pay for flights, accommodation, and activities conveniently.
  • Wedding costs: Cover wedding-related expenses, from venue bookings to attire and catering. A 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 personal loan for higher education and invest in a better future.
  • Medical emergencies: Tackle unexpected medical expenses swiftly with a 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 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.

Show More Show Less

Tips to improve chances of approval for Rs. 60,000 personal loan

  • Maintain a good CIBIL Score and a healthy credit history.
  • Keep existing loan and credit card repayments up to date.
  • Ensure the details in the application form are accurate and complete.
  • Maintain a stable source of income and employment history.
  • Keep your debt-to-income ratio within a manageable range.
  • Avoid applying for multiple loans or credit cards within a short period.
  • Check the eligibility criteria before applying for an Rs. 60,000 personal loan.
  • Keep the required KYC and income documents ready to support verification.
  • Choose a repayment tenure that suits your monthly repayment capacity.

Following these steps can help strengthen your application, although approval depends on the lender’s eligibility criteria and assessment.

Show More Show Less

How to apply for personal loan

  • Step-by-step guide to apply for a personal loan

    1. Check loan eligibility – Visit our personal loan page, enter the loan amount you need, select the repayment period, and click on "CHECK LOAN OFFER" to check your loan eligibility.
    2. Enter personal details – Provide your personal, financial, and employment details to receive a personalised loan offer.
    3. Review your loan offer – Check your offer details and adjust the loan amount or repayment tenure, if required.
    4. Complete KYC verification – Verify your identity and bank details to proceed with your application.
    5. Speak to a loan specialist – Once your application is submitted, an executive will contact you with the next steps.

Other personal loan options: 


Rs. 25000 Personal LoanRs. 30000 Personal LoanRs. 40000 Personal Loan
Rs. 50000 Personal LoanRs. 70000 Personal LoanRs. 80000 Personal Loan
Rs. 1 Lakh Personal LoanRs. 2 Lakh Personal LoanRs. 3 Lakh Personal Loan
Rs. 4 Lakh Personal LoanRs. 5 Lakh Personal Loan Rs. 6 Lakh Personal Loan
Rs. 10 Lakh Personal LoanRs. 15 Lakh Personal LoanRs. 20 Lakh Personal Loan
Show More Show Less

Other instant personal loan options


 

Rs. 30,000 Personal LoanRs. 40,000 Personal Loan
Rs. 25,000 Personal LoanRs. 50,000 Personal Loan
Rs. 70,000 Personal LoanRs. 80,000 Personal Loan


 

Show More Show Less

Get personal loan in your city:

Personal loan in DelhiPersonal loan in MumbaiPersonal loan in PunePersonal loan in Hyderabad
Personal loan in KolkataPersonal loan in JaipurPersonal loan in NoidaPersonal loan in Chennai
Personal loan in BangalorePersonal loan in AhmedabadPersonal loan in ChandigarhPersonal loan in Lucknow
Show More Show Less

Key offerings: 3 loan types

  • Flexi Hybrid Loan
  • Flexi Dropline Loan
  • Term Loan

  • Withdraw and prepay – no extra charges
    You can withdraw from your limit and prepay as many times as you want, without extra charges.

  • Instalment pattern
    You can pay interest-only EMIs for up to 36 months, after which, the EMI will consist of both, the principal and the interest. EMI is applicable only on the withdrawn amount.

  • Flexi facility charges
    Flexi facility charges applicable based on your loan amount.

  • Withdraw and prepay – no extra charges
    You can withdraw from your limit and prepay as many times as you want, without extra charges.

  • Instalment pattern
    Fixed EMIs that cover both the principal and interest on the loan amount you withdraw.

  • Flexi facility charges
    Flexi facility charges applicable based on your loan amount.

  • Amount disbursed in one go
    The entire loan amount is disbursed at the start.

  • Instalment pattern
    Fixed EMIs that cover both the principal and interest.

  • Flexi facility charges
    No Flexi facility charges.

Personal loan interest rate and applicable charges

Type of fee

Applicable charges

Rate of interest per annum

10% to 30.5% p.a.

Processing fees

Up to 4.13% of the loan amount (inclusive of applicable taxes).

Flexi Facility Charge

Term Loan – Not applicable

Flexi Loans –Up To Rs 1,999 To Up To Rs 18,999/- (Inclusive Of Applicable Taxes)

Will be deducted upfront from loan amount.

Bounce charges

Rs. 700 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:

  • Term Loan: Up to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount as on the date of full pre-payment

  • Flexi Term (Dropline) Loan: Up to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount, as on the date of full prepayment.

  • Flexi Hybrid Term Loan: Up to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount, as on the date of full prepayment.

Part 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.

  • Not Applicable for Flexi Term (Dropline) Loan and Flexi Hybrid Term Loan.

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

Flexi Term (Dropline) Loan:

Up to 0.295% (Inclusive of applicable taxes) of the Dropline limit (as per the repayment schedule) on the date of levy of such charges.


Flexi Hybrid Term Loan:

Up to 0.472% (Inclusive Of Applicable Taxes) Of The Dropline Limit During Initial Tenure. Up to 0.295% (Inclusive Of Applicable Taxes) Of Dropline Limit During Subsequent Tenure

Credit guarantee scheme feeUp to 1.18% p.a. (pro-rated daily till 31st March) (inclusive of all applicable taxes) of the loan amount
Credit guarantee scheme renewal feeUp to 1.18% p.a. (inclusive of all applicable taxes) on the outstanding loan amount as on April 01 of the subsequent Financial Year.
*Renewal Fee to be collected only for 3 subsequent financial years.
 
**If the Remaining Tenure is less than 12 months, the CG Fee in subsequent years shall be charged prorated.

Not your nearest branch?

Banner_NEW_Storelocator_XAOP_App_27072026.png

Frequently asked questions

Overview

Eligibility

EMI

What is the interest rate on a 60,000 personal loan?

The interest rate varies from lender to lender. The interest rate for a Bajaj Finance Personal Loan ranges from 10% to 30.5% p.a.

You do not have to pledge any collateral or security to get our personal loan.

Yes, a Rs. 60,000 personal loan can be available without a guarantor, subject to the lender’s eligibility criteria, credit profile, income, and repayment capacity.

A Rs. 60,000 personal loan can have flexible repayment tenures, with the available period depending on the lender’s terms, your eligibility, and selected loan offer.

Approval for a Rs. 60,000 loan typically takes a few minutes to a few hours, depending on the lender's policies. In most cases disbursement of funds may occur within 24 hours* of approval.

A CIBIL Score of 650 or higher is required to get our personal loan.

To get our personal loan, you need to have a CIBIL Score of 650 or higher.
 

Yes, you can get our personal loan with a cash salary. You simply need to fulfil our eligibility criteria and submit required documents.

Below document are required to apply for Rs. 60000 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
  • Phone bill
  • Real-time image / photograph

The EMI depends on tenure and rate of interest along with the amount. For example, the EMI for a Rs. 60,000 personal loan at an interest rate of 13% p.a., for a tenure of 36 months, will be Rs. 2,022.

Yes, you can prepay your Rs. 60,000 personal loan early, subject to the lender’s applicable prepayment terms, charges, and eligibility conditions at the time of prepayment.

Show More Show Less

Related articles

Article 1

Flat vs Reducing Interest

Jul 07, 2026

Read More

 how-outstanding-debt-affects-your-credit-score 2

How is Your CIBIL Score Calculated?

Read More

 Article 3

E-Aadhaar Card: All You Wanted to know

Aug 19, 2026

Read More

 Article 4

Why Should You Use Bajaj Finance Personal Loan to Finance Your Next Vacation?

Aug 19, 2026

Read More

You are here

Related Links

Disclaimer

Bajaj Finance Limited has the sole and absolute discretion, without assigning any reason to accept or reject any application. Terms and conditions apply*.
For customer support, call Personal Loan IVR: 7757 000 000