Finance Loan App

Finance Loan App

Download the Bajaj Finserv mobile app and get a personal loan from the comfort of your home.

Rs. 40,000 - Rs. 55 lakh

You may be eligible for a pre-approved offer

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

In the fast-paced world of digital technology, obtaining a personal loan has become increasingly convenient and faster than before, largely due to the rise of finance loan applications. These applications have transformed the traditional lending scene by providing a smooth and efficient process for individuals in need of prompt financial support. Bajaj Finance Limited provides a user-friendly mobile app that simplifies the personal loan application process.


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


 

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Features of the finance loan app

  1. Speed and convenience: Unlike traditional loan applications that can take days or even weeks to process, finance loan apps offer rapid turnaround times. Applying for a loan is now possible anytime, anywhere, directly from your smartphone. The application process is typically swift and uncomplicated, often resulting in disbursement within minutes.
  2. Digital application: Gone are the days of gathering and submitting stacks of paperwork. Online finance loan apps empower you to electronically submit your application, eliminating the inconvenience of physical documentation.
  3. Transparency and flexibility: Finance loan apps from reputable lenders provide transparent loan terms, offering clear insight into the borrowed amount, interest rate, and repayment schedule from the outset. Additionally, some apps offer flexible repayment options, allowing you to choose a plan that suits your financial circumstances.
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How to apply for a personal loan through the Bajaj Finserv app?

Step 1: Download the Bajaj Finserv app

Start by downloading the Bajaj Finserv app from either Google Play (for Android users) or the Apple App Store (for iOS users). Once the installation is complete, open the app and create an account if you do not have one already. Ensure accurate details during the registration process.

 

Step 2: Log in to the app

Once your account has been successfully created, use your credentials to log in to the Bajaj Finserv app. This will unlock access to a range of features, including the personal loan application process.

 

Step 3: Visit the personal loan section

Head to the personal loans section within the app. You can locate this option either on the home screen or within the loans section.

 

Step 4: Select loan amount and tenure

After confirming your personal loan eligibility, our finance loan app will assist you in selecting the loan amount and repayment duration that best suits your needs. Use the app to input essential information and tailor these parameters according to your financial requirements and repayment capabilities.

 

Step 5: Submit required documents

Before processing your personal loan application, we may require a few documents. The app will prompt you to upload necessary documents such as proof of income, identification, and address. It's important to ensure that these documents are accurate and legible to facilitate a smooth personal loan application process.

 

Step 6: Review and submit an application

Before completing your loan application, thoroughly review all the information you have provided. Check the loan amount, duration, and your personal information. After confirming your details, proceed to submit your application. Upon submission, a representative will reach out to you to proceed further with the application process.


Accessing financial assistance via the Bajaj Finserv app is straightforward, making funds easily accessible. By following these steps, you can efficiently utilise the finance app, which provides a quick and convenient way to obtain funds for various personal needs such as weddings, medical expenses, home renovations, and more. Download the Bajaj Finserv app today to experience a smooth process when applying for a personal loan.


Apply for our Personal Loan

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Key offerings: 3 loan types

Personal loan interest rate and applicable charges

Type of fee

Applicable charges

Rate of interest per annum

10% to 30% p.a.

Processing fees

Up to 3.93% 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

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