Before applying for a Bajaj Finance Personal Loan, review the eligibility criteria, documents, charges, and application process. The final offer depends on the lender’s assessment of your application.
What are the eligibility criteria?
Check the stated requirements against your profile before starting the application.
| Criterion | Requirement |
|---|
| Nationality | Indian |
| Age | 21 years to 80 years. |
| Employed with | Public, private, or multinational companies (MNCs). |
| CIBIL Score | 650 or higher. |
| Customer profile | Self-employed or Salaried |
*You should be 80 years or younger, at the end of the loan tenure.
Last reviewed: 23 October, 2026.
Meeting these criteria does not guarantee approval, which depends on eligibility, verification and credit assessment. No collateral or guarantor is required.
Which documents may be required?
You may need the following documents, subject to your profile and application:
- KYC documents: Aadhaar, passport, voter’s ID, driving license, Letter of National Population Register or NREGA job card
- PAN card
- Employee ID card
- Salary slips of the last 3 months
- Bank account statements of the previous 3 months
- Piped gas bill
- Pension order
- Letter of Allotment of Accommodation Issued by Employer
- Property or Municipal tax receipt
- Utility bill
- Phone bill
- Real-time image or photograph
Not every applicant needs every document. Confirm the final list of required personal loan documents during your application.
Which interest rates and charges are applicable to you?
Check the interest rate and applicable fees before accepting a loan offer. The following figures and placeholders are from the supplied product information and require verification against the approved product source before publication.
| Charge | Amount |
|---|
| Interest rate | 10% to 30.5% per annum, subject to applicable terms and customer eligibility |
| Processing fee | Up to to 4.13% of the loan amount, inclusive of applicable taxes |
| Bounce charges | Rs. 700 to Rs. 1,200 per bounce |
| Penal charge | Up to 36% per annum on the overdue instalment |
| Part-prepayment and foreclosure (Term Loan) | Up to 4.72% of the principal, inclusive of applicable taxes |
| Part-prepayment (Flexi Dropline and Flexi Hybrid Loans) | No charge |
| Flexi facility charge | Rs. 1,999 to Rs. 18,999, inclusive of applicable taxes |
| Annual maintenance (Flexi Dropline Loan) | Up to 0.295% of the Dropline limit |
| Annual maintenance (Flexi Hybrid Loan) | Up to 0.472% in the initial tenure; up to 0.295% in the subsequent tenure |
Last reviewed: 23 October, 2026.
Charges can vary by facility and the terms applicable to your loan. Review the personal loan interest rates and charges before accepting an offer, including the conditions that apply if you miss a payment or repay early.
How do non-salaried applicants apply?
You apply for a Bajaj Finance Personal Loan online in five steps:
- Check loan eligibility: Enter the required loan amount and repayment period, then click “CHECK LOAN OFFER”.
- Enter personal details: Enter personal, financial and employment details to receive a personalised offer.
- Loan offer: Review the offer details and adjust the amount or tenure to suit your needs.
- KYC verification: Complete KYC and verify your bank details.
- Talk to loan specialist: The application is submitted and an executive contacts you about the next steps.
The process may differ for new and existing customers, and some customers may need to provide additional documents.
