Personal Loan of Rs. 80,000

Features and benefits of Rs. 80,000 personal loan

A Rs. 80,000 personal loan offers numerous compelling advantages that make it an excellent financial solution for your diverse needs:

Money in 24 hours*

Our disbursals are remarkably quick, so you can get a personal loan of Rs. 80,000 deposited directly in your bank account within 24 hours* of approval, ensuring you have access to funds when you need them most.

Pro tip: Having all your documents ready and accurate information can make the disbursal even faster, perfect for urgent financial needs.
 

Quick approval

Meet our straightforward eligibility criteria to get instant approval within minutes of submitting your loan application through our advanced digital assessment system.

Why it matters: Quick approval eliminates waiting anxiety and allows you to plan your expenses with confidence, knowing funds will be available soon.
 

Hassle-free paperwork

Apply for a personal loan of Rs. 80,000 easily with minimal documents and a streamlined process that eliminates complex paperwork and multiple submissions.

Time-saving advantage: Most applicants already have the required basic documents readily available, making the process incredibly smooth and efficient.
 

Special loan offers

Existing customers can apply for the Bajaj Finserv Personal Loan with pre-approved offers to further expedite the process and often receive preferential rates and faster processing.

Pro tip: Existing customers often enjoy loyalty benefits, including reduced processing fees and better interest rates, making it even more cost-effective.
 

Repayment flexibility

Choose the most convenient tenor of up to 8 years and plan your monthly payments using our comprehensive EMI calculator for personal loan to find the perfect payment schedule for your budget.

Smart budgeting example: A Rs. 80,000 loan can be repaid over 24 months with higher EMIs for faster completion, or extended to 60 months for smaller, manageable monthly payments of around Rs. 1,820 (at 13% interest).
 

No undisclosed costs

Our personal loan of Rs. 80,000 comes with 100% transparent fees and charges clearly mentioned in the terms and conditions, ensuring no hidden surprises or unexpected costs.

Why this matters: Complete transparency helps you budget accurately and make informed financial decisions without worrying about surprise charges later.
 

No collateral needed

Our unsecured personal loan doesn't require you to pledge any collateral such as property, gold, or fixed deposits, which means there is no risk of losing your valuable assets.

Easy loan management

Check EMIs and track loan activity digitally with Experia, our comprehensive online customer portal, for 24/7 convenience and complete control over your loan information.

Digital advantage: Online access allows you to monitor your loan progress, view payment history, and manage your account from anywhere, anytime.

The Bajaj Finserv Personal Loan of Rs. 80,000 is an ideal solution for your pressing financial needs and long-term goals. You can use the funds for various requirements without restrictions or end-use monitoring, providing complete flexibility in how you utilize the money. Pay for sudden medical emergencies, higher education expenses, grand wedding celebrations, home improvements, exciting travel plans, or even consolidate multiple debts using the loan amount to simplify your finances.
 

Check your eligibility and get approved hassle-free through our efficient digital process. 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 guarantor, so your assets remain completely protected throughout the loan tenure.
 

Plan your monthly payments carefully to avoid default and keep your CIBIL score high, ensuring you maintain access to favorable loan terms for future financial needs.

Understanding your EMI obligations helps you plan your budget effectively and choose the right tenure for your financial situation. Here are sample EMI calculations for a Rs. 80,000 personal loan at 13% interest rate:

Why this comparison helps: Different tenures allow you to balance between affordable monthly payments and total interest costs. Shorter tenures save money on interest but require higher monthly payments, while longer tenures provide smaller EMIs but cost more overall.
 

Pro tip: Choose a tenure where the EMI doesn't exceed 30-40% of your monthly income to maintain healthy finances and avoid repayment difficulties.

How to calculate EMI on a Rs. 80,000 personal loan

A personal loan EMI calculator can help you accurately determine your EMIs with precision and reliability. You just need to input three simple parameters: the loan amount, rate of interest, and tenure, to get the exact EMI payable for your personal loan instantly.
 

A Personal Loan EMI calculator uses a standard EMI calculation formula to calculate your monthly instalments accurately. The mathematical formula used is:
 

E = P*r*(1+r)^n/((1+r)^n-1)

Where:

• E = EMI (Equated Monthly Installment)
• P = Principal loan amount (Rs. 80,000)
• r = Rate of interest calculated monthly (Annual rate ÷ 12)
• n = Tenure/duration in months
   

Practical example: For a Rs. 80,000 personal loan at an interest rate of 13% per annum for a tenure of 36 months, the monthly EMI will be approximately Rs. 2,696.

Here's how this calculation works:

• Principal (P) = Rs. 80,000
• Monthly interest rate (r) = 13% ÷ 12 = 1.08% (or 0.0108)
• Tenure (n) = 36 months
• Resulting EMI = Rs. 2,696
   

Pro tip: Always use EMI calculators to experiment with different tenures and interest rates to find the most suitable repayment plan for your budget and financial goals.
 

Why this helps: Understanding EMI calculations empowers you to make informed borrowing decisions and choose loan terms that align perfectly with your financial capacity and long-term planning.

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 before making your decision. This comprehensive understanding helps you estimate your EMIs as well as the total cost of the loan with complete accuracy and transparency.
 

Use our interest calculator online to check exactly how much interest you will end up paying on the loan amount you borrow, allowing you to make informed financial decisions.
 

Factors affecting your interest rate:

• Credit score: Higher scores typically qualify for the best available rates
• Income level: Stable, higher income often results in preferential pricing
• Employment type: Government employees and MNC workers may get special rates
• Existing relationship: Bajaj Finance customers often receive pre-approved offers
• Loan tenure: Shorter tenures generally come with lower interest rates
   

Why this matters: Understanding all costs upfront helps you choose the most cost-effective loan option and avoid any financial surprises during the repayment period.

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