Bajaj Finserv in Ahmedabad
Ahmedabad, Gujarat’s largest city and its erstwhile capital, is an important industrial and economic hub in India. The city is also famous for its several tourist attractions.
Take a personal loan in Ahmedabad at reasonable interest rates. Bajaj Finance Limited is one of the personal loan NBFCs in Ahmedabad offering features that include a reduced waiting time, repayment flexibility, part-prepayment benefits and more.
Visit any of our two branches in the city or apply online.
Features and benefits of personal loan in Ahmedabad
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Pre-approved offers
Pre-approved offers for existing customers ease and instant loan approval process.
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High loan amount
Bajaj Finserv offers loans of up to Rs. 40 lakh. Check your maximum approvable amount with our online personal loan eligibility calculator.
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You need not provide any collateral against the credit. Get your loan sanctioned based on easy-to-meet eligibility criteria.
No collateral or guarantor
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Money in bank in 24 hours*
It takes only 24 hours* to credit money into your bank account, making it one of the fastest personal loans.
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Approval in minutes
An accurately filled online application gets approved in minutes.
Called the Manchester of India, Ahmedabad ranks second among the largest cotton producers in the country. The tertiary sector, comprising construction, commerce, and communication activities, also generates significant revenue for Ahmedabad. There has been an increase in housing and construction industries owing to the development of skyscrapers. The world’s largest cricket stadium, the Narendra Modi Stadium, which can accommodate 1,10,000 spectators, is located here, as is the famed Sabarmati Ashram, once a residence of Mahatma Gandhi.
If you are looking for a personal loan provider in Ahmedabad at attractive interest rates, you can meet your growing financial needs with Bajaj Finance Personal Loans. Use the funds for expenses ranging from home improvement and weddings to higher education and medical requirements. Bajaj Finserv eases your repayment process with its flexible tenors of up to 96 months. Features like the Flexi loan facility further help reduce EMIs.
*Conditions apply
Personal loan eligibility criteria
Qualify for high-value credit in Ahmedabad with our easy-to-fulfil eligibility criteria.
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Nationality
Indian, resident of India
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Employment
Must be a salaried employee at a reputed MNC or a private/public limited company
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Credit score
Above 685
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Age
Between 21 years to 80 years*. 80 years* or younger, at the end of the loan tenure.
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Income
Minimum salary requirement is Rs. 30,000 per month. Refer to our eligibility page for other details
Bajaj Finserv offers a plethora of features and benefits to customers. There is complete transparency in our terms and conditions and zero hidden charges. Access our online customer portal - My Account, to check your loan details anytime and anywhere.
Interest rates and charges
With Bajaj Finserv, you get a personal loan at competitive interest rates.
Personal loan interest rates and applicable charges
Type of fee |
Applicable charges |
Rate of interest |
11% to 38% p.a. |
Processing fees |
Up to 3.93% of the loan amount (inclusive of applicable taxes). |
| Flexi Fee | 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 |
In case of default of repayment instrument, Rs. 700 - Rs. 1,200 per bounce will be levied. |
| Pre-payment charges | Full Prepayment
Part-prepayment
*Foreclosure will be processed post clearance of first EMI |
Penal charge |
Delay in payment of instalment(s) shall attract a penal charge of up to Rs. 12 per day 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. |
Mandate rejection charges |
Rs. 450 per month from the first month of the due date for the mandate rejected by customer’s bank until the registration of new mandate. |
Annual maintenance charges |
Term Loan: Not applicable Flexi Term Loan (Flexi Dropline): Up to 0.295% (inclusive of applicable taxes) of the total withdrawable amount (as per the repayment schedule) on the date of levy of such charges. Flexi Hybrid Loan: Up to 0.295% (inclusive of applicable taxes) of the total withdrawable amount during the initial tenure. Up to 0.295% (inclusive of applicable taxes) of total withdrawable amount during subsequent tenure. |
| Broken period interest / Pre-monthly Instalment interest |
"Broken Period Interest/Pre-monthly Instalment interest" shall mean the amount of interest on Loan for the number of day(s) which is(are) charged in two scenarios: Scenario 1 - Over and above the period of 30 days from the date of disbursement of the Loan: Method of recovery of Broken Period Interest/Pre-monthly Instalment interest:
Scenario 2: Less than period of 30 days from the date of disbursement of the Loan: Interest on first instalment will be charged for actual number of days. |
| Switch fee | Up to 1.18% of the loan amount (inclusive of applicable taxes). Switch fee is applicable only in case of switch of loan. In switch cases, processing fees will not be applicable. |
Note: Additional cess if any, will be applicable to all charges according to state law.
*Terms and conditions apply.
For Micro Finance Loans, please note below:
Purchase of any non-credit product by the microfinance borrowers is purely on a voluntary basis. Minimum interest, maximum interest, and average interest are 13%, 38%, and 35.71% per annum respectively. Part pre-payment and Foreclosure charges are NIL.
