Features and benefits

  • High-value and collateral-free loan

    High-value and collateral-free loan

    Get funding up to Rs. 40 lakh without having to pledge an asset as security.

  • Instant approval

    Instant approval

    Avail a personal loan on simple eligibility terms to get approval within 5 minutes.

  • Minimal documentation

    Minimal documentation

    Submit your basic documents and get your application processed quickly.
  • Swift disbursal

    Swift disbursal

    Obtain money in the bank within 24 hours* of loan approval and document verification.

  • Convenient repayment

    Convenient repayment

    Adjust your EMIs to your income with a flexible repayment term of up to 84 months.

  • Nil hidden charges

    Nil hidden charges

    Apply without worry knowing that you enjoy 100% transparency in loan dealings.
  • Flexi hybrid feature

    Flexi hybrid feature

    Opt for the Flexi Hybrid facility to pay interest-only EMIs for a part of the tenor and make multiple withdrawals and deposits.

Apply online for an instant personal loan from Bajaj Finserv to benefit from approval within 5 minutes. Our eligibility criteria are simple, and the documentation requirement is basic. This speeds up the loan application process, and you get the funds you need within 24 hours* of approval and verification. You can avail up to Rs. 40 lakh without needing to pledge any security as collateral.

Use an instant personal loan to cater to unplanned expenses that come your way. You can repay the funds at your convenience over a repayment term of up to 84 months. Bajaj Finserv offers competitive interest rates on personal loan offerings to make repayment affordable for you. Check the other fees and charges to make a repayment plan before applying. You are assured of zero hidden charges.

For flexibility in borrowing, we offer the Flexi Hybrid feature. It allows you to make multiple withdrawals and deposits from your pre-approved sanction on the go. You do not incur additional charges to withdraw or pre-pay funds. Moreover, you pay interest-only EMIs for the initial part of the repayment term. This allows you to access instant funds and ease your way into repayment.

Types of instant personal loans in India

Instant personal loans bear no end-use restrictions, which makes them suitable for meeting diverse urgent funding needs, such as

  • Wedding
  • Higher education
  • Travel
  • Home renovation
  • Medical emergency
  • Debt consolidation
  • Second-hand car purchase

Opt for a loan as per your financing needs. Use the online Personal Loan EMI Calculator to estimate your fixed monthly outgo and choose a repayment term accordingly.

*Terms and conditions apply

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Eligibility criteria

  • Age


    Between 21 years and 80 years*

  • Employment status

    Employment status

    Salaried, employed with a public sector company, a private company, or an MNC
  • CIBIL score

    CIBIL score

    750 or above

Documents required for instant personal loan

Type of Document


Proof of identity

PAN card, Aadhaar card, Voter ID, passport, or any other government-issued photo identity proof

Proof of address

Aadhaar card, Voter ID, passport, ration card, utility bills, or any other government-issued proof of address

Income proof

Salary slips for the last 3 months and bank account statements for the previous 3 months

*Terms and conditions apply

How to apply for an instant personal loan online from Bajaj Finserv?

  1. 1 Start by clicking on ‘APPLY ONLINE’ to open the online application form
  2. 2 Enter a few basic details and verify yourself with an OTP
  3. 3 Fill in the online application form with personal, employment, and financial details
  4. 4 Select a suitable loan amount and repayment term for your personal loan
  5. 5 Submit your online application

Our representative will call you with the next steps that you need to take to avail of your loan.

Frequently asked questions

How long does it take to get approved for a loan?

If you have met all the eligibility criteria for the instant personal loan, you will receive an approval within 5 minutes.

How can I check my personal loan status?

You can track your personal loan application status via the customer portal, My Account. You can also visit the Bajaj Finserv branch nearest to you to check your loan status.

How long does it take for funds to get disbursed?

You will receive the personal loan amount in your loan account within 24 hours* of approval and document verification.

*Terms and conditions apply

What is the maximum loan that I can get?

You can avail of a collateral-free instant personal loan of up to Rs. 40 lakh.

Is the personal loan interest rate fixed or floating?

You can avail of an instant personal loan at either a fixed or floating interest rate.

How can I calculate my EMI?

To help you estimate the EMI for your instant personal loan, you can use the Personal Loan EMI Calculator. This shows you the approximate principal and interest components of your personal loan and allows you to see the impact of increasing or reducing your loan amount on your EMIs.

What is the minimum CIBIL score for an instant personal loan?

750 is the minimum CIBIL score you should have for instant approval on your personal loan.

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