Personal Loan in Madhya Pradesh

Personal Loan in Madhya Pradesh

Check your eligibility for personal loan in Madhya Pradesh with your phone and OTP - no branch visit needed.

Rs. 40000 - Rs. 55 lakh

You may be eligible for a pre-approved offer

Enter mobile and OTP | Check offer | No branch visit needed

Bajaj Finserv in your state

  • Managing finances effectively can be challenging, especially when unexpected expenses arise. Whether you are planning a wedding, covering medical bills, or consolidating debt, a personal loan can offer the financial flexibility you need. Residents of Madhya Pradesh can now access tailored financial solutions with the Bajaj Finserv Personal Loan, which provides high loan amounts, competitive interest rates, and flexible repayment options.


    Check your pre-approved loan offer in Madhya Pradesh with phone number and OTP → Apply online in 5 minutes → Receive funds within a day*.

*Terms and conditions apply.

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Features and benefits

  • Up to Rs. 55 lakh as loan amount

    Meet your big-ticket funding needs with financing of up to Rs. 55 lakh as a personal loan in Madhya Pradesh.

  • Online account

    Access your loan account online through our dedicated customer portal, My Account, accessible 24x7 from anywhere.

  • Flexible tenure

    Use the online Personal Loan EMI Calculator to select a suitable tenure with flexibility of up to 96 months.

  • Flexible financing

    Make multiple withdrawals from a dropline limit and pay interest only on the withdrawn funds, with our Flexi facility.

  • Pre-approved offers

    You can check if you have a pre-approved offer for a personal loan in Madhya Pradesh with just your phone number and OTP – no need to visit the branch.

  • Money disbursed within 24 hours*

    Once approved, borrowers can receive the loan amount in their account within the next 24 hours*.

  • Zero hidden charges

    With complete transparency in terms and conditions, Bajaj Finance ensures nil hidden charges on loans and advances.

  • Minimum documentation

    Complete your loan application only with basic documents required for a personal loan and enjoy streamlined loan processing.

  • Instant approval

    Apply for the personal loan in Madhya Pradesh online with complete eligibility fulfilment for instant approval.

Madhya Pradesh is India's 10th largest state economy and a major industrial location with some of the biggest companies and high per capita income. The state also has a high GDP rate primarily propelled by a prominent agricultural economy. Major crops grown here include wheat, gram, soybean, rice, sugarcane, etc. The state also houses 5 SEZs, contributing to its steady growth.


It is home to some of the largest mineral reserves, along with 6 ordnance factories located at its heart. Availing a personal loan in Madhya Pradesh has become easier with collateral-free, high-value financing of up to Rs. 55 lakh provided by Bajaj Finance.


*Conditions apply

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Eligibility criteria and documents for personal loan in Madhya Pradesh

You can easily get the funds you need with the below criteria:

  • Eligibility criteria

    • Nationality: Indian
    • Age: 21 years to 80 years.
    • Employed with: Public, private, or MNC.
    • CIBIL Score: 685 or higher.
    • Customer profile: Self-employed or Salaried

    *You should be 80 years or younger, at the end of the loan tenure.

  • 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. 

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How to apply for personal loan in Madhya Pradesh

  • Step-by-step guide to apply for a personal loan

    1. Click on ‘CHECK ELIGIBILITY’ on this page.
    2. Enter your 10-digit mobile number and the OTP sent to your phone.
    3. 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.
    4. Now, click on ‘PROCEED’ to visit the loan selection page.
    5. Enter the offer or loan amount that you need. Choose from our personal loan variants.
    6. Choose the repayment tenure and click on ‘PROCEED’.
    7. Complete your KYC and submit your application.

    Our representative will contact you for further steps.

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Key offerings: 3 loan types

Disclaimer

Bajaj Finance Limited has the sole and absolute discretion, without assigning any reason to accept or reject any application. Terms and conditions apply*.