An unsecured personal loan of Rs. 80,000 can be a helpful solution for managing various financial needs without the requirement of collateral. Ideal for covering expenses like medical bills, home repairs, or travel, this loan option offers flexibility and quick processing. With no security needed, a Rs. 80,000 loan is accessible to eligible borrowers with a stable income and a decent credit score, making it convenient for addressing immediate expenses efficiently.
Features and benefits of Rs. 80,000 personal loan
-
Money in 24 hours*
Our disbursals are quick, so you can get a personal loan of Rs. 80,000 in your bank account within 24 hours* of approval.
-
Quick approval
Meet the eligibility criteria to get instant approval on submitting your loan application.
-
Hassle-free paperwork
Apply for a personal loan of Rs. 80,000 easily with minimal documents.
-
Special loan offers
Existing customers can apply for the Bajaj Finserv Personal Loan with pre-approved offers to further expedite the process..
-
Repayment flexibility
Choose the most convenient tenor of up to 96 months and plan your monthly payments using an EMI calculator for personal loan.
-
No undisclosed costs
Our personal loan of Rs. 80,000 comes with 100% transparent fees and charges mentioned in the terms and conditions.
-
No collateral needed
Our unsecured personal loan doesn’t require you to pledge any collateral, which means there is no risk of losing your assets.
-
Easy loan management
Check EMIs and track loan activity digitally with Experia, our online customer portal, for 24/7 convenience.
The Bajaj Finserv Personal Loan of Rs. 80,000 is an ideal solution for your pressing financial needs. You can use the funds for various requirements without restrictions. Pay for sudden medical emergencies, higher education, a wedding, or even consolidate debt using the loan amount.
Check your eligibility and get approved hassle-free. Our personal loan of Rs. 80,000 requires simple documentation and offers disbursement within 24 hours*. This collateral-free personal loan does not need any guaranty, so your assets remain protected throughout. Plan your monthly payments carefully to avoid default and keep your CIBIL score high.
Our Flexi loan facility is a feature you can opt for to lower EMIs by up to 45%* when you pay with interest-only EMIs.
How much EMI will I need to pay for a personal loan of Rs. 80,000?
Tenor |
Approximate EMI at 13% interest rate |
2 years |
3,803 |
3 years |
2,696 |
5 years |
1,820 |
Eligibility criteria for Rs. 80,000 loan
-
Nationality
Indian
-
Age
21 years to 80 years*
-
CIBIL score
685 or higher
It’s easy to see if you qualify when you use the Personal Loan Eligibility Calculator.
Documents required for Rs. 80,000 personal loan
The documents for personal loan include:
- 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
Keeping these documents will make it easy to apply for an unsecured personal loan of Rs. 80,000.
Interest rates and fees for Rs. 80,000 personal loan
Be well-informed and check the interest rates on personal loans along with other fees and charges. This helps you estimate your EMIs as well as the total cost of the loan with ease. Use our interest calculator online to check how much interest you will end up paying on the loan amount you borrow.
How to calculate EMI on a Rs. 80,000 personal loan
A personal loan EMI calculator can help you accurately determine your EMIs. You just need to select the loan amount, rate of interest and tenure, to get the exact EMI payable for your personal loan.
A Personal Loan EMI calculator uses an EMI calculation formula to calculate your monthly instalments. The formula used is: E = P*r*(1+r)^n/((1+r)^n-1) where,
- E is EMI
- P is the principal loan amount
- r is the rate of interest calculated monthly, and
- n is the tenure/ duration in months
For example, the EMI for a Rs. 80,000 personal loan, at an interest rate of 13%, for a tenure of 36 months, will be approximately Rs. 2,696.
How to apply for a personal loan of Rs. 80,000
Follow these steps to apply for a Rs. 80,000 personal loan within minutes:
- 1 Click ‘APPLY ONLINE’ to visit the application form
- 2 Fill out contact information and verify yourself with an OTP
- 3 Enter the rest of the details related to your income and employment
- 4 Submit the form after you attach the needed documents
Our representative will contact you shortly to guide you through the next steps to get the loan of Rs. 80,000 transferred to your bank account within 24 hours*.
*Conditions apply
Other instant personal loan options
| Rs. 30,000 Personal Loan | Rs. 40,000 Personal Loan |
| Rs. 25,000 Personal Loan | Rs. 50,000 Personal Loan |
| Rs. 60,000 Personal Loan | Rs. 70,000 Personal Loan |
Frequently asked questions
The minimum salary to get our personal loan is Rs. 25,001.
A CIBIL Score of 685 or higher is required to get our personal loan.
The EMI depends not only on the amount, but the tenure and interest rate as well. For example, the EMI for a Rs. 80,000 personal loan, at an interest rate of 13%, for a tenure of 36 months, will be approximately Rs. 2,696.
You can get a loan even if you get a cash salary.
You can get an Insta Personal Loan for any legal expense, be it a financial emergency, or a wedding, or anything else.
The amount of personal loan you can get depends not only on your salary, but on several factors including your credit history, CIBIL Score, debt-to-income ratio, and so on.
