Personal L oan App

Personal L oan App

An instant personal loan app in India offers quick, collateral-free loans with minimal documentation, fast approval, and disbursal within 24 hours*, helping users manage planned and urgent expenses conveniently.
Loan Types

Loan Types

Calculator

Calculator

FAQs

FAQs

Video

Video

Rs. 40,000 - Rs. 55 lakh

Calculate your EMIs

You may be eligible for a pre-approved offer

Check now

Enter mobile and OTP | Check offer | No branch visit needed

Key Takeaways

 
 

An instant personal loan app makes borrowing faster and more convenient by offering a fully digital application process, quick approvals, and easy loan management from your smartphone. It helps users access funds, track applications, and manage repayments anytime and anywhere.


  • Loan amount from Rs. 40,000 to Rs. 55 lakh
  • Repayment tenure ranging from 12 months to 108 months
  • No collateral required
  • Quick approval with minimal documentation
  • Disbursal within 24 hours* 
  • EMI calculator to plan repayments
  • Easy loan tracking and EMI payments through the app

The Bajaj Finance instant personal loan app combines convenience, speed, and flexibility, helping users manage both planned and urgent financial needs with ease.

Instant personal loan app

In today’s fast-moving digital world, most services are available instantly through mobile apps, and borrowing funds has also become more convenient. Personal loan apps have simplified the application process by reducing paperwork, saving time, and offering faster approvals. Instead of visiting branches and waiting in long queues, users can apply from anywhere using their smartphones. This shift to digital lending has made managing urgent expenses and planned financial needs easier, quicker, and more accessible for modern consumers.


Many reliable personal loans apps provide a simple and convenient way to access funds using smartphones. These apps are designed to offer a smooth borrowing experience with minimal documentation and quick approvals. Users can complete the application process, upload documents, and track their request directly through the app. You can also explore options to apply for a personal loan online to understand eligibility, features, and repayment choices before applying.



✅ Check your pre-approved loan offer with phone number and OTP → Apply online in 5 minutes → Receive funds within a day*.



Whether you apply via the mobile app or through the Bajaj Finsev Personal Loan website, you can enjoy a fully digital process with disbursal within 24 hours* and complete loan management capabilities.



Why mobile apps matter: Modern consumers expect 24/7 accessibility and instant processing - our app delivers both by putting powerful lending capabilities directly in your pocket.

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Why choose the Bajaj Finance Instant loan App?


  • The personal loan app is among the best personal loan apps in India, designed to meet urgent financial needs quickly and conveniently.
  • As a reliable instant personal loan app, it offers quick approvals with minimal documentation, helping you save time and effort.
  • Enjoy fast disbursal within 24 hours*, making it suitable for expenses such as weddings, education, or emergencies.
  • The app provides competitive interest rates and flexible repayment options, tailored to suit different financial situations.
  • With a simple, user-friendly interface, you can easily track your loan and manage repayments on the go.
  • Experience a smooth, hassle-free borrowing journey when you apply for a personal loan through the Bajaj Finance app.

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Features and benefits of instant personal loan app

  1. Avail of high-value personal loans

    Access a collateral-free loan ranging from Rs. 40,000 - Rs. 55 lakh for your various needs.



  2. Apply via pre-approved offers

    Check your pre-approved limit and avail of your offer to get instant loan approval.



  3. Plan with the EMI calculator

    Use the app’s personal loan EMI calculator to pick the loan amount and a repayment term ranging from 12 months to 108 months.



  4. Manage current and previous loans

    Track your application, access your digital loan account, download statements, make payments, and get details of closed loans via the app – anytime, anywhere.



  5. Make payments on the go

    Pay EMIs, part-prepay or foreclose loan, and view future payments easily.



  6. Obtain extra credit quickly

    Avail additional funds with the drawdown facility by getting your OTP authenticated.



  7. Select your preferred language

    You can choose to use the English version of the app or pick from any regional languages available in the app.



  8. Receive timely notifications

    Stay updated about your EMIs and never miss an upcoming loan offer.



  9. Raise a request

    Log a request, check its status, and view previous requests too.



  10. Have one app for the family

    Enable the family sharing feature to allow your family members to use this Bajaj Finance instant personal loan app.



  11. Enjoy new functionalities

    Get instant help via chatbot and join our referral program.


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Eligibility criteria and documents required through a loan app

You can easily get the funds you need with the below criteria:

  • Eligibility criteria to apply for a personal loan via loan app

    NationalityIndian
    Age21 years to 80 years
    Employed withPublic, private, or MNC.
    CIBIL Score650 or higher.
    Customer profileSelf-employed or Salaried

    *You should be 80 years or younger, at the end of the loan tenure.


    You can also check your eligibility for personal loan with our calculator.


How to apply for a personal loan via the Bajaj Finance app?


  1. Visit Google Play or the Apple App Store and download the Bajaj Finance app
  2. Activate your app using your ID or mobile number. Use the OTP sent to your registered mobile number to log in
  3. Explore your pre-approved offers in the pre-approved and recommended offers sections and apply for a loan
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Documents required to apply for a personal loan via quick loan app

To complete your application smoothly, ensure you have the personal loan required documents, such as identity proof, address proof, and income proof, which are essential for approval.


Documentation requirements for a Bajaj Finance Personal Loan are minimal. Five document categories are required at the time of application:


Document CategoryAccepted Options
KYC proofAadhaar/ passport/ voter’s ID/ driving license/ Letter of National Population Register/ NREGA job card
Identity proofPAN card, Real-time image / photograph
Employment proofEmployee ID card, Letter of Allotment of Accommodation Issued by Employer
Income proofSalary slips — last 3 months, Bank account statements — last 3 months
OthersPension order, Utility bill, Phone bill, Piped gas bill, Property / Municipal tax receipt

Know more about the personal loan documents required during application.


Check your eligibility for personal loan using just mobile number and OTP – 100% online process. 

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How to download the Bajaj Finance app

Here is how you can download our app on Apple and Android devices:

  • How to download the Bajaj Finance app through the Play Store?


    Follow these simple steps to download and install Bajaj Finance App through play store:



    1. Download Bajaj Finance app from the play store
    2. Click on ‘install’ to start downloading the app
    3. Once downloaded, open the Bajaj Finance App
    4. Accept the end-user licence agreement (EULA) to start using the app
    5. Login with your registered mobile number and OTP

  • How to download the Bajaj Finance app on the App Store?


    Follow these simple steps to install and download Bajaj Finance app through app store.



    1. Open the Apple App Store and search for the Bajaj Finance App
    2. Click ‘Download’ to start the download
    3. Once downloaded, click ‘install’ to install the app on your phone
    4. Allow notifications for the app
    5. Choose your language and click ‘Proceed’ to continue
    6. Login with your registered mobile number and OTP
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Best instant loan app without salary slip

  • Some individuals, such as freelancers or self-employed professionals, may not have regular salary slips but may still need quick financial support
  • Many modern loan apps may accept alternative income proof like bank statements or income tax returns, depending on eligibility criteria.
  • This flexibility helps a wider range of users access funds without complex paperwork
  • Digital application processes reduce delays and make borrowing more convenient
  • Choosing an instant loan app with simple eligibility requirements can support urgent financial needs smoothly
     
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Best loan app features that made a big difference

  • A user-friendly interface makes it easier for applicants to complete the process without confusion
  • Quick eligibility checks help users understand their approval chances before applying
  • Minimal documentation reduces paperwork and speeds up the application process
  • Secure verification systems protect personal and financial information
  • Real-time tracking features allow users to monitor application status and repayment schedules

  • Flexible repayment options help manage monthly budgets comfortably


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Quick loan apps: why speed matters

  • Financial emergencies can happen unexpectedly, making quick access to funds very important
  • Fast approvals help users manage urgent expenses such as medical bills or travel costs
  • Automated digital processing reduces waiting time compared to traditional application methods
  • Quick loan apps help maintain financial stability during sudden financial needs
  • Faster disbursal allows users to focus on resolving their immediate expenses without stress
     
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Easy loan app: making borrowing process simple

  • Simple navigation helps users complete applications quickly without technical difficulties
  • Step-by-step instructions reduce errors and improve the overall application experience
  • Online document uploads save time and remove the need to visit physical branches
  • Instant notifications keep users informed about approvals and updates
  • Easy repayment tracking tools help users manage EMIs and payment schedules efficiently
  • A well-designed loan app improves convenience and builds user confidence in digital borrowing
     
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How long does it take to get a loan approved through an app?

Loan approval through an app can take from a few minutes to a few hours, depending on your eligibility, verification process, and the documents submitted. Many instant personal loan apps offer quick approvals for eligible applicants through a fully digital process. Once the required details are verified and the application is approved, the loan amount is disbursed as per the lender’s policies, helping users access funds quickly when needed.

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Key offerings: 3 loan types

  • Flexi Hybrid Term Loan
  • Flexi Term (Dropline) Loan
  • Term Loan

  • Withdraw and prepay – no extra charges
    You can withdraw from your limit and prepay as many times as you want, without extra charges.

  • Instalment pattern
    You can pay interest-only EMIs for up to 36 months, after which, the EMI will consist of both, the principal and the interest. EMI is applicable only on the withdrawn amount.

  • Flexi facility charges
    Flexi facility charges applicable based on your loan amount.

  • Withdraw and prepay – no extra charges
    You can withdraw from your limit and prepay as many times as you want, without extra charges.

  • Instalment pattern
    Fixed EMIs that cover both the principal and interest on the loan amount you withdraw.

  • Flexi facility charges
    Flexi facility charges applicable based on your loan amount.

  • Amount disbursed in one go
    The entire loan amount is disbursed at the start.

  • Instalment pattern
    Fixed EMIs that cover both the principal and interest.

  • Flexi facility charges
    No Flexi facility charges.

Personal loan interest rate and applicable charges

Type of fee

Applicable charges

Rate of interest per annum

10% to 30% p.a.

Processing fees

Up to 3.93% of the loan amount (inclusive of applicable taxes).

Flexi Facility Charge

Term Loan – Not applicable

Flexi Loans –Up To Rs 1,999 To Up To Rs 18,999/- (Inclusive Of Applicable Taxes)

Will be deducted upfront from loan amount.

Bounce charges

Rs. 700 to Rs. 1,200/- per bounce

“Bounce charges” shall mean charges for (i) dishonor of any payment instrument; or (ii) non-payment of instalment (s) on their respective due dates due to dishonor of payment mandate or non-registration of the payment mandate or any other reason.

Part-prepayment charges

Full Pre-payment:

  • Term Loan: Up to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount as on the date of full pre-payment

  • Flexi Term (Dropline) Loan: Up to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount, as on the date of full prepayment.

  • Flexi Hybrid Term Loan: Up to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount, as on the date of full prepayment.

Part Pre-payment

  • Up to 4.72% (Inclusive of applicable taxes) of the principal amount of Loan prepaid on the date of such part Pre-Payment.

  • Not Applicable for Flexi Term (Dropline) Loan and Flexi Hybrid Term Loan.

Penal charge

Delay in payment of instalment(s) shall attract Penal Charge at the rate of up to 36% per annum 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.

Annual maintenance charges

Term Loan: Not applicable

Flexi Term (Dropline) Loan:

Up to 0.295% (Inclusive of applicable taxes) of the Dropline limit (as per the repayment schedule) on the date of levy of such charges.


Flexi Hybrid Term Loan:

Up to 0.472% (Inclusive Of Applicable Taxes) Of The Dropline Limit During Initial Tenure. Up to 0.295% (Inclusive Of Applicable Taxes) Of Dropline Limit During Subsequent Tenure

Credit guarantee scheme feeUp to 1.18% p.a. (pro-rated daily till 31st March) (inclusive of all applicable taxes) of the loan amount
Credit guarantee scheme renewal feeUp to 1.18% p.a. (inclusive of all applicable taxes) on the outstanding loan amount as on April 01 of the subsequent Financial Year.
*Renewal Fee to be collected only for 3 subsequent financial years.
 
**If the Remaining Tenure is less than 12 months, the CG Fee in subsequent years shall be charged prorated.

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Disclaimer

Bajaj Finance Limited has the sole and absolute discretion, without assigning any reason to accept or reject any application. Terms and conditions apply*.
For customer support, call Personal Loan IVR: 7757 000 000