Apply for a personal loan in just a few minutes

Follow our simple step-by-step guide or personal loan process mentioned below to apply for a personal loan. You can start your online application now and resume it at a later instance based on your convenience.

  1. 1 Click on ‘Apply Online’ to open our online application form
  2. 2 Fill in a few details and verify the OTP sent to your phone
  3. 3 Enter your KYC and income data
  4. 4 Choose the loan amount you want to borrow
  5. 5 Submit your application

Our representative will call you to guide you on the next steps. The money will be transferred to your bank account in 24 hours*.

Bajaj Finserv brings unsecured loans for salaried applicants that can be availed by sharing a few basic details. Enter your contact information and verify your profile by entering the one-time password (OTP) sent to your phone.

Our existing customers get a pre-filled form with their details already present. All you need to do is confirm your details or make changes if required. Once you select your desired loan amount, click on ‘SUBMIT,' and your application is ready.

New customers can complete their loan applications by filling in KYC information such as PAN and residential PIN. On clicking ‘SUBMIT,' you will get a call from our representative, who will inform you about your confirmed loan amount and arrange a time to collect your documents. You will then get the loan amount in your bank account within 24 hours* of document verification.

You also have the option to go with Bajaj Finserv Flexi Personal Loan that lets you borrow funds as you require and pre-pay when you can from a sanctioned loan amount. You can also opt to pay only interest as EMI and repay the principal amount at the end of the tenor. This reduces your EMIs by up to 45%*.

Personal loan eligibility criteria:

Salaried professionals aged between 21 years to 67 years* can apply for the loan. Just meet the basic eligibility criteria and submit the documents required to get approval on your personal loan.

Personal loan interest rates and charges:

Bajaj Finserv offers personal loans at attractive rates of interest. As there are no hidden charges, you can be sure about the fees and charges on your personal loan.

Personal loan EMI calculation:

Estimate your monthly cash outflow by calculating your EMIs using the Personal Loan EMI Calculator and plan your loan repayment accordingly.

Borrow up to Rs. 25 lakh for all your planned and unplanned expenses and repay stress-free when you choose a Bajaj Finserv Personal Loan. Use our online Personal Loan EMI Calculator to estimate what your loan EMIs are likely to be and plan.

You can also use our Personal Loan Eligibility Calculator to check if you qualify for the loan.

*Terms and Conditions apply

Read More Read Less

Frequently asked questions

How do I apply for a personal loan?

As a salaried applicant, you can apply for a personal loan by entering your details in our simple online application form. Click on 'Apply Online' at the top of this page and enter your contact details. Authenticate your profile by entering the OTP sent to your mobile number and proceed with the rest of your application. Share your documents and select the loan amount you are likely to borrow. If you meet our eligibility parameters and pass the basic document verification, you can get the funds you need as soon as you need them.

How to get quick approval on my personal loan application?

With Bajaj Finserv Personal Loan, getting approval is easy. Just meet the simple eligibility criteria and keep your documents ready. If you are an Indian citizen with a good credit score, you can get your personal loan in 24 hours*. If you are an existing Bajaj Finserv customer, you can skip the queue by checking your personalised pre-approved loan offer.

*Terms and conditions apply

What is the personal loan approval time?

Since personal loans are ideal for immediate or urgent expenses, Bajaj Finserv offers instant approval on personal loans. Once you fill out the application form online and provide basic details, verification is quick. Meet the eligibility criteria and get approval in just five minutes.

What documents are required to apply for a personal loan?

To avail of a Bajaj Finserv Personal Loan, you need to submit:

KYC documents such as PAN, Aadhaar, driving license, voter's ID or a passport

  • Employee ID card
  • Salary slips for two months
  • Bank account statement for three months
How much can I borrow with a personal loan?

While the Bajaj Finserv Personal Loan allows you to borrow up to Rs. 25 lakh, the loan amount you can apply for depends on your eligibility. To check the exact amount, use the Personal Loan Eligibility Calculator. Once you apply and get the funds in your bank account, use them for any purpose from financing a wedding to consolidating debt.

Can I cancel the personal loan after disbursement?

On disbursal, you receive the personal loan amount in your bank account. However, if you want to cancel the loan after disbursement, contact your Bajaj Finserv relationship manager.

Can I apply for a personal loan if I already have an existing one?

You can apply for a new loan even if you have an existing one. However, your personal loan repayment capacity will be analysed before you get approval. Remember, applying for multiple loans simultaneously may affect your CIBIL score negatively. This may affect your chances of getting approved.

Read More Read Less