Installment Loans

Installment 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 Installment Loans:

• 

  Loans up to Rs.25 lakh

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

• 

  Fast online application

  Fill the application form online by entering basic details to avail loan on installment quickly.

• 

  No collateral

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

• 

  Instant approval

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

• 

  Swift disbursal

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

• 

  Easy repayment

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

• 

  Flexi Loan facility

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

• 

  45% lower EMIs*

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

• 

  Personalised advance

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

• 

  Zero hidden charges

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

• 

  Online account

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

• Personal Installment Loans

  Thanks to the simple eligibility criteria you can have your installment 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 installment 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 utilize 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.

Nationality: Indian
Age: 23 to 55 years
Employment: Salaried and employed with an MNC, public or private company
CIBIL score: 750 or higher
Salary: Rs. 25,000 at minimum, city-specific

To apply online, follow this 4-step guide:

1. Fill 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.