Looking for a Rs. 60000 personal loan? With flexible terms and competitive interest rates, Bajaj Finserv 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.
Bajaj Finance offers personal loans of up to Rs. 55 lakh and even if you need only a personal loan of Rs. 60000, the process remains simple and hassle-free. These loans are unsecured, meaning no collateral is required, making them an ideal choice for quick funding. To apply for a personal loan of Rs. 60,000, you typically need to submit basic documents like proof of identity, income details, and bank statements.
The online application process is quick, and once approved, the funds are transferred directly to your account—often within 24 hours*. Enjoy a flexible repayment tenor of up to 96 months, allowing you to manage EMIs without added stress.
Existing customers can unlock exclusive benefits like pre-approved loan offers. Just share your contact details to check your personalised offer and get the funds you need in just a few clicks.
Features and benefits of personal loan for Rs. 60,000 salary
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Pay up to 45%* less EMI
Our Flexi facility allows you to make interest-only payments to bring down your personal loan EMIs.
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Part-prepayment facility
Prepay via the personal loan part-prepayment facility to reduce your repayment liability any time during the tenor.
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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.
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Adjustable tenor
Pay EMIs over a tenor of up to 96 months. Use the Personal Loan EMI Calculator to plan repayment in an informed manner.
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Basic paperwork
Our requirement for documents for a personal loan of Rs. 60,000 is minimal; hence you can apply stress-free.
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Speedy approval process
When you meet our simple eligibility parameters, you enjoy instant loan within 5 minutes*.
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Fast money transfer
Access a loan of Rs. 60,000 within 24 hours* of approval to meet planned and unplanned expenses with ease.
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No collateral required
Our personal loan of Rs. 60,000 is easy to apply for as it is unsecured. You don’t need to pledge any collateral.
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No extra charges
We ensure 100% transparency without any hidden fees. Check our terms and conditions for clarity.
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Pre-approved offers
Our existing customers can avail of loans with just a click. To check your pre-approved personal loan offers, enter your name and contact number.
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 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.
How much EMI will I need to pay for a personal loan of Rs. 60,000?
Tenor |
Approximate EMI at 13% interest rates |
2 years |
2,853 |
3 years |
2,022 |
5 years |
1,365 |
Eligibility criteria for Rs. 60,000 personal loan
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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
See if you can qualify in minutes. Use the Personal Loan Eligibility Calculator.
Increase your chances of approval by meeting all the parameters for the personal loan. This includes fulfilling our simple eligibility criteria and submitting the basic documents needed.
Documents required for a personal loan for Rs. 60,000 salary
To apply for a personal loan with a Rs. 60,000 salary, you need the following documents
- 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
Interest rates and charges for a Rs. 60,000 loan
To make Rs. 60,000 personal loan repayment more manageable for you, we offer funds at attractive interest rate on personal loan and nominal charges.
Personal loan interest rate and applicable charges
Type of fee |
Applicable charges |
Rate of interest |
10% to 31% p.a. |
Processing fees |
Up to 3.93% (Inclusive of applicable taxes) of the loan amount. |
Flexi Facility Charge |
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 |
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.
How to calculate interest rate and EMI on a Rs. 60,000 personal loan
The interest rate on your personal loan depends on various factors such as the loan amount, tenure, and your credit history. Once you have an understanding of the interest rate for your desired loan amount and tenure, you can use the EMI calculator to determine your monthly instalments. This tool helps you plan your EMIs effectively, ensuring you make timely repayments.
Using the EMI calculator is easy — simply select your loan amount, interest rate, and tenure to get an accurate calculation of the EMI payable for your Rs. 60,000 personal loan.
How to apply for a personal loan of Rs. 60,000
Apply for a personal loan of Rs. 60,000 from Bajaj Finance by following these four steps:
- 1 Click ‘APPLY ONLINE’ to open the application form
- 2 Fill out the basic details and enter the OTP for verification
- 3 Share relevant professional and personal data as per the form
- 4 Submit the form by uploading the necessary paperwork
A Bajaj Finserv representative will get in touch to guide you through the next steps of getting your personal loan of Rs. 60,000.
*Conditions apply
Other instant personal loan options
Frequently asked questions
The minimum salary required to get a Bajaj Finance Personal Loan is Rs. 25,001, depending on the city you live in. You can choose to apply with a co-applicant in case you fall short of the eligibility criteria.
To get our personal loan, you need to have a CIBIL Score of 685 or higher.
Yes, you can get our personal loan with a cash salary. You simply need to fulfil our eligibility criteria.
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.
A CIBIL Score of 685 or higher is required to get our personal loan.
You do not have to pledge any collateral or security to get our personal loan.
The repayment tenure for our personal loan ranges from 12 months to 96 months.
The interest rate varies from lender to lender. The interest rate for a Bajaj Finance Personal Loan ranges from 10% to 31% p.a.
Yes, you can get a ₹60,000 loan using your Aadhaar card or PAN card as identification along with other required documents. Many lenders accept these documents for verification during the application process.
Approval for a ₹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.
*Terms and conditions apply.
Bajaj Finance provide personal loans with disbursal in 24 hours*, subject to eligibility and document verification.
