Most hold-ups in the mobile app come from small mismatches that send an application for manual review:
- Name spelt differently on PAN and your KYC document: Use the PAN spelling throughout, and fix the record at source if the difference is real.
- Bank account not in your name: The money and the auto-debit must use an account you own.
- Blurred or cropped document photo: Retake it in good light, flat on a table, with all 4 corners visible.
- Gross salary entered instead of net: The lender compares your entry with bank credits, and a big gap raises questions.
Fixing these before you start does more for speed than anything else in the mobile app.
Mitali's application
Mitali is 30, a salaried steel plant safety officer in Rourkela, drawing Rs. 52,000 a month; 731 is her CIBIL score. She used the mobile app to apply for Rs. 95,000 for her sister's engagement, at an illustrative 16% per annum, and tried 2 tenures on the EMI screen at step 5.
EMI = P × R × (1 + R)^N ÷ [(1 + R)^N − 1]. Here P = Rs. 95,000, R = 16 ÷ 1,200 and N = months.
| Tenure | Monthly EMI (Rs.) | Total interest (Rs.) | EMI as share of salary (%) |
|---|
| 12 months (1 year) | 8,619 | 8,433 | 16.6 |
| 18 months (1.5 years) | 5,971 | 12,484 | 11.5 |
Last updated: 26th October, 2026
Picking 18 months frees Rs. 2,648 a month while adding Rs. 4,051 of interest. Processing would cost no more than Rs. 3,924. Mitali chose 18 months and set EMI reminders in the app.
What can delay approval: a CIBIL score below 650 or existing EMIs that take up a large share of your income. Names or addresses that do not match across documents, and more than one loan application in the same month, can also slow it down.
Applying through the mobile app? With a Bajaj Finance Personal Loan, you can borrow Rs. 40,000 to Rs. 75 lakh, subject to eligibility. Check your loan offer with your phone number and a one-time password (OTP) → apply online → receive funds within 24 hours* of approval.
