Rs. 40,000 - Rs. 55 lakh
You may be eligible for a pre-approved offer in Korba
Enter mobile and OTP | Check offer | No branch visit needed
Bajaj Finserv in your city
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Managing finances effectively is a key aspect of life, especially when unexpected expenses arise. Whether it is funding higher education, planning a wedding, or consolidating existing debts, personal loans can help bridge financial gaps. If you are in Korba and looking for a reliable, fast, and hassle-free loan solution, the Bajaj Finserv Personal Loan can be your ideal choice.
✅Check your pre-approved loan offer in Korba with phone number and OTP → Apply online in 5 minutes → Receive funds within a day*.
*Terms and conditions apply
Features of a personal loan in Korba
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Immediate approval
To get instant approval on a personal loan, apply via our online application form.
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Pre-approved offers
You can check if you have a pre-approved offer for a personal loan in Korba with just your phone number and OTP – no need to visit the branch.
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High loan amount
Manage your financial requirements effortlessly with a personal loan from Rs. 40,000 to Rs. 55 lakh.
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No hidden costs
As per our terms and conditions, Bajaj Finance, being your private financier, levies zero hidden cost on loans.
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No guarantor or collateral
Apply for a personal loan without having to bring a guarantor or pledge collateral.
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Money in bank in 24 hours*
Bajaj Finance credits the sanctioned loan amount within 24 hours* of approval.
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Few documents needed
No more lengthy documentation. Complete the verification process with minimal paperwork.
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Easy repayment
Repay your personal loan in Korba over a flexible tenure of up to 96 months in easy EMIs.
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Online account management
Check your due dates, payable interest, outstanding principal, EMI schedule and more through our customer portal – My Account.
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Flexi facility
Make multiple withdrawals from a dropline limit and pay interest only on the withdrawn funds, with our Flexi facility.
Korba is a metropolitan municipality connected to other parts of the country through railways and roadways. The city also houses Korba Thermal Power Station, NTPC’s Korba Super Thermal Power Plant, Lanco Amarkantak Power Plant, Hasdeo Thermal Power Station, and several small power plants. One of Asia’s largest aluminium production industries, the Bharat Aluminium Company, is also located here.
Bajaj Finance brings exclusive personal loans for residents of Korba. Cover all types of expenses like medical emergencies, foreign travel, child’s education, home renovation, weddings, purchasing consumer durables and more, effortlessly. It involves minimal risk as no collateral is needed against the fund. So, when it comes to affordable borrowing, trust only reputed lenders like Bajaj Finance.
*Conditions apply
Eligibility criteria and documents for personal loan in Korba
You can easily get the funds you need with the below criteria:
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Eligibility criteria
- Nationality: Indian
- Age: 21 years to 80 years.
- Employed with: Public, private, or MNC.
- CIBIL Score: 650 or higher.
- Customer profile: Self-employed or Salaried
*You should be 80 years or younger, at the end of the loan tenure.
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Documents required
- KYC documents: Aadhaar/ passport/ voter’s ID/ driving license/ Letter of National Population Register/ NREGA job card
- PAN card
- Employee ID card
- Salary slips of the last 3 months
- Bank account statements of the previous 3 months
- Piped gas bill
- Pension order
- Letter of Allotment of Accommodation Issued by Employer
- Property / Municipal tax receipt
- Utility bill
- Phone bill
- Real-time image / photograph
- Ration card
Check your eligibility for personal loan using just mobile number and OTP – 100% online process.
How to apply for personal loan in Korba
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Step-by-step guide to apply for a personal loan
- Click on ‘CHECK ELIGIBILITY’ on this page.
- Enter your 10-digit mobile number and the OTP sent to your phone.
- Check if you have an offer. If not, fill in the application form with your basic loan 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 offer or loan amount that you need. Choose from our personal loan variants.
- Choose the repayment tenure and click on ‘PROCEED’.
- Complete your KYC and submit your application.
Our representative will contact you for further steps.
Key offerings: 3 loan types
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) |
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:
Part Pre-payment
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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.
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 |
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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
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