How to Apply for Personal Loan

The procedure to apply for our personal loan is simple and easy. Follow our step-by-step guide on the application process of personal loan and apply online in just a few easy steps.

Apply

How to apply for a personal loan

Video Image 00:49
   

Step-by-step guide to apply for a personal loan

  1. Click on ‘APPLY’ at the top of this page to open our online personal loan application form.
  2. Enter your 10-digit mobile number and the OTP sent to your phone.
  3. Fill in the application form with your basic loan details, such as your full name, PAN, date of birth, and PIN code.
  4. Now, click on ‘PROCEED’ to visit the loan selection page.
  5. Enter the loan amount that you need. Choose from our three personal loan variants –Term, Flexi Term, and Flexi Hybrid.
  6. Choose the repayment tenure – you can select tenure options of 6 months to 96 months and click on ‘PROCEED’.
  7. Complete your KYC and submit your application.

Our representative will guide you on the next steps. The loan amount will be transferred to your bank account on the successful verification of your documents.

Frequently asked questions

How do I get an immediate personal loan?

To obtain an immediate personal loan, explore NBFCs or online lending platforms. Complete the application with accurate information, including financial details and employment history. Ensure a good credit score for better approval chances. Compare interest rates and terms before finalising the loan agreement.

How to get a personal loan for the first time?

To secure a personal loan for the first time, assess your credit score, gather financial documents, and create a budget. Research lenders offering loans to individuals with limited credit history. Apply online or in person, with steady income and responsible financial habits. Compare offers, select the best terms, and complete the application process.

How to get a personal loan in 5 easy steps?

You can apply for a Bajaj Finance Personal Loan by following the simple personal loan process:

  • Visit our personal loan page and click on ‘APPLY’
  • Enter your 10-digit mobile number and OTP.
  • Fill in the application form with your basic details and click on ‘PROCEED’.
  • Enter the loan amount and tenure that you need.
  • Complete your KYC and submit your application.
What is the personal loan application process?

To start the personal loan application process, click on 'APPLY' on this page. Now, enter your contact details, and verify the OTP sent to your phone. Fill in the application with your basic details and click on proceed. Then, enter the loan amount that you need. Complete your KYC and submit your loan application.

How to get quick approval on my personal loan application?

With Bajaj Finance Personal Loan, getting approval is easy. You just have to meet the simple eligibility criteria and keep the required documents ready to get approval on a personal loan.

What documents are required to apply for a personal loan?
Following are the documents required to apply for a Bajaj Finserv Personal Loan:
  • KYC documents: Aadhaar/ PAN card/ passport/ voter’s ID
  • Employee ID card
  • Salary slips for the last 2 months
  • Bank account statements for the previous 3 months

You can use our Personal Loan EMI Calculator to calculate your EMIs.

How much can I borrow with a personal loan?

With a Bajaj Finserv Personal Loan you can borrow up to Rs. 40 lakh which you can repay over the loan tenure of 96 months.

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

Yes, you can apply for a personal loan even if you have an existing loan. But please note that your loan repayment capacity will be checked before approving your loan application.

Show More Show Less