Features and Benefits of 12-month Personal Loans

  • High-value loan amount

    High-value loan amount

    Check your CIBIL score and apply for a high-value loan for urgent needs. Check the eligibility criteria beforehand.

  • Minimal paperwork

    Minimal paperwork

    Submit only a few necessary documents to get a personal loan with a repayment tenor of up to 96 months.

  • Quick processing

    Quick processing

    Eligible candidates can get a personal loan within 24 hours* after submitting relevant documents.

  • 24x7 online account management

    24x7 online account management

    Log in to our customer portal, Experia, to receive updates and conveniently manage your loan account online.

  • Prompt approval

    Prompt approval

    Get quick approval within minutes* for a personal loan after meeting the required eligibility criteria.

  • Flexi Loan facility

    Flexi Loan facility

    Pay interest-only EMIs for the initial tenure with our Flexi Hybrid facility.

  • Check the pre-approved offers

    Check the pre-approved offers

    Submit your name and contact details to check pre-approved offers. This simplifies the application process for existing customers.

  • Collateral-free loans

    Collateral-free loans

    Obtain substantial funds without risking collateral. Finance significant expenses such as weddings, a child’s education, and more.

  • No hidden charges

    No hidden charges

    All the applicable rates and charges are 100% transparent. For more information, check the terms and conditions.

Personal loans for 12 months refer to advances with a repayment window of one year. Get a high-quantum personal loan from Bajaj Finserv at a nominal interest rate and repay it over a year. It comes with no end-use restrictions.

Fulfil the simple eligibility criteria and apply online for a short-term loan of 12 months now!

*Conditions apply

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Eligibility criteria to apply for a 12-month personal loan

Our simple eligibility criteria and documents for 12-month personal loans ensure a convenient borrowing experience. It would help if you met the following eligibility criteria to avail credit:

  • Nationality



  • Age limit

    Age limit

    Between 21 years and 80 years*

  • Employment status

    Employment status

    Salaried employee of an MNC, public or private limited company

  • CIBIL score

    CIBIL score

    Check your CIBIL Score for FREE

    685 and above

Keep all the documents such as KYC documents and salary slips handy for quick processing.

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Apply for a 12-months short-term loan in easy steps

  • Click on ‘APPLY’ at the top of this page to open our online application form.
  • Enter your 10-digit mobile number and the OTP sent to your phone.
  • Fill in the application form with your basic details, such as your full name, PAN, date of birth, and PIN code.
  • Now, click on ‘PROCEED’ to visit the loan selection page.
  • Enter the loan amount that you need. Choose from our three personal loan variants –Term, Flexi Term, and Flexi Hybrid.
  • Choose the repayment tenure that suits you.
  • Complete your KYC and submit your application.

Our representative will guide you on the next steps. The loan amount will be transferred to your bank account on the successful verification of your documents.

Interest Rates and Charges for a 12 Month Personal Loan

A 12-month personal loan from Bajaj Finserv is available against affordable interest rates. Learn about all other related expenses, such as processing fees, before applying.

Frequently Asked Questions

Can I get a personal loan for 12 months?

Yes. With Insta Personal Loans from Bajaj Finance, borrowers get to choose the tenure as per their repayment capacity. You can get an Insta Personal Loan with a minimum tenure of just 6 months.

Can personal loan be taken for 1 year?

Yes. One of the key features of our Insta Personal Loans is the flexible tenure options on offer. Customers can choose tenure options ranging from 6 months to 96 months.

What is the EMI for a Rs. 10 lakh personal loan for 1 year?

In addition to the tenure, your EMI for a Rs. 10 lakh personal loan also depends on the interest rate applicable – which may vary as per your eligibility. To know the exact EMI as per the interest rate applicable to you, use our personal loan EMI Calculator.

What is the maximum tenure for a personal loan?

The maximum tenure offered for a personal loan is influenced by several factors like your loan amount and eligibility. With our personal loan, you get to choose tenure options ranging from 6 months to 96 months.

Will I be eligible for a 12-month loan if I have a bad credit score?

You need a CIBIL Score of 685 or higher to apply for our personal loan.

Why should I borrow only a small amount using a 12-month loan?

The amount you can borrow depends on your eligibility and repayment capacity. Use our personal loan EMI calculator to check approximate EMI amount for different loan values and select what suits you the best.

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