Instalment Loans

Instalment loans offered by Bajaj Finserv are advances that are repaid over time via equated monthly installments (EMIs). You can easily apply for an advance online and obtain funds for all your needs, be it personal or commercial.

• Features and Benefits of Instalment Loans:

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  Loans up to Rs.25 lakh

  Obtain a high-value personal loan advance that you can use for almost any financial need.

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  Fast online application

  Fill in the application form online by entering basic details to avail a loan on instalment quickly.

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  No collateral

  Apply for an instalment loan without pledging an asset as security.

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  Instant approval

  Secure approval in 5 minutes* of applying online thanks to simple eligibility criteria.

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  Swift disbursal

  Receive the advance within 24 hours* of approval and verification to address your urgent expenses.

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  Easy repayment

  Repay your advance per your budget in small instalments, over tenors up to 60 months.

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  Flexi loan facility

  Withdraw and part pre-pay funds from your approved sanction as the need arises, for free.

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  45% lower EMIs*

  Choose to pay interest-only EMIs and pay the principal later to reduce your monthly debt outgo.

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  Personalised advance

  Take a look at your pre-approved offer to quickly avail your loan limit if you are an existing customer.

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  Zero hidden charges

  Read our terms and conditions to be 100% aware of our fees and charges.

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  Online account

  Login to our customer portal, Experia, to view your repayment schedule, pay EMIs, and more.

• Personal Instalment Loans

  Thanks to the simple eligibility criteria, you can have your instalment loan approved in 5 minutes*; and with the need for basic documentation requirement, get your application verified swiftly. Upon approval and verification, you obtain the advance within 24 hours*.
  
  We offer collateral-free instalment loans, so you do not have to pledge security or mortgage an asset. In fact, as an existing customer, you can avail your pre-approved offer to obtain funds more quickly.
  
  To plan repayments, you can utilise a personal loan EMI calculator. It helps you choose the right repayment term. Strive to repay over the shortest possible tenor to keep your interest payment small.
  
  If you are looking to borrow funds as the need arises, you can opt for the Flexi loan facility. It also allows you to pay interest-only EMIs to reduce your EMI burden.

To estimate the maximum advance you can receive, use the personal loan eligibility calculator. It tells you how large an instalment loan you may qualify for based on your current income and fixed obligations.

To apply online, follow this 4-step guide:

1. Fill in your employment, financial, and personal details in the application form.
2. Enter the loan amount you desire and choose a suitable tenor to receive approval.
3. Await contact from a Bajaj Finserv representative and submit the necessary documents.
4. Receive the funds in your bank account within 1 day of approval and verification.