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Loan for Engineers

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LOAN FOR ENGINEERS

As a salaried engineer, you can now conveniently pay for expenses with a Personal Loan for Engineers instead of dipping into your monthly savings. With loans offering funds up to Rs.25 lakh, you can meet personal expenses like wedding, home renovation, vacation and education costs or can consolidate your existing debts into one easy loan. Bajaj Finserv offers this special loan to you if you’re a mechanical, computer science/IT, civil, chemical/ an electronics engineer or an engineer with any specialisation.

As a self-employed engineer running your own business, you can avail a fast, and convenient Bajaj Finserv Business Loan for Engineers up to Rs.30 lakh that is exclusively designed to keep your enterprise’s gears turning without pause.

These loans offer a range of benefits exclusively to salaried and self-employed engineers:

 

For salaried engineers

For self-employed engineers

Type of loan offered
Personal Loan for Engineers
Business Loan for Engineers
Usage of the loan
Meet high-cost personal purchases like wedding, home renovation, overseas education, vacation, consolidate all your credit cards and existing debts into one or use it as you like.
Grow your business by increasing working capital, buying the latest machinery, clearing payments to creditors and more.
Loan amount
Loans up to Rs.25 lakh
Loans up to Rs.30 lakh
Nature of the loan
Unsecured: No collateral needed
Unsecured: No collateral needed
Loan approval
Within 24 hours
Within 24 hours
Repayment tenor
12-72 months
12- 60 months
Documentation requirement
Minimum
Minimum
Online account facility to track your loan details
Yes
Yes
Flexible withdrawals and repayments with Flexi Loan facility
Yes
Yes
Pre-approved offers just for you
No
No

With loan approvals in 24 hours, salaried engineers can pay for any instant personal need like a medical emergency and self-employed engineers can meet urgent cash needs for their business like placing a bulk order or dealing with a cash crunch, without any hassles.
 

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