Instant personal loan in Vadodara
Vadodara, often called the Cultural Capital of Gujarat, is known for its rich heritage and landmarks like the Lakshmi Vilas Palace. The city is also a key industrial hub, home to major corporations such as Reliance Industries, L&T, and Indian Oil Corporation. Additionally, it plays a crucial role in India’s power sector, with over 35% of the country’s engineering and equipment manufacturing industries based here.
For financial assistance, residents can avail of a personal loan in Vadodara from Bajaj Finance. These loans come with flexible repayment options of up to 96 months and no end-use restrictions, making them ideal for various financial needs.
Features and benefits of personal loan in Vadodara
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Easy access to loan account
Check your loan account anytime with our online account facility. Enjoy similar benefits with our loan services, including easy access to account details, repayments, and other loan-related information 24x7.
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Online application
No more travelling to the branch. Easily apply for a collateral-free loan online from anywhere.
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Funds within 24 hours*
Receive the money within 24 hours* and use it to cover medical or any other emergencies effortlessly.
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Lucrative offers
Bajaj Finserv offers personalised offers to existing customers.
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Loan up to Rs. 55 lakh
Get an instant personal loan in Vadodara of up to Rs. 55 lakh to cover big-ticket expenses with no restrictions on usage, ensuring financial flexibility and quick access to funds.
Eligibility criteria for Personal Loan in Vadodara
Use the personal loan eligibility calculator to determine the maximum loan amount you qualify for. Bajaj Finserv offers personal loans in Vadodara with simple eligibility criteria and an easy online application process for quick approval.
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Nationality
Indian, resident of India
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Employment
Must be a salaried employee at a reputed MNC or a private/ public limited company
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Credit score
Above 685
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Age
Between 21 years to 80 years*
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Income
Refer to our city list for minimum salary requirements.
Documents required for personal loan in Vadodara
The documentation requirements for a personal loan can vary from lender to lender. Below are the documents that are required to be submitted when applying for a Bajaj Finance Personal Loan:
- 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
- Real-time image / photograph
- Ration card
*You should be 80 years** or younger, at the end of the loan tenure.
Personal loan interest rate in Vadodara
Understanding the personal loan interest rates and associated charges is crucial before applying for an instant personal loan in Vadodara. Use our interest calculator to estimate your EMI and plan repayments efficiently.
Uses of personal loan in Vadodara
Personal loans in Vadodara offer a versatile financial solution to meet diverse needs. Here are some popular purposes:
- Travel expenses: Finance your dream vacation with ease using a personal loan for travel.
- Wedding Costs: Make your special day unforgettable by covering all marriage expenses using personal loan for wedding.
- Higher education: Achieve academic goals affordably with a personal loan for education.
- Medical emergencies: Address unexpected medical costs swiftly with a personal loan for medical emergency.
- Home improvement: Manage renovations or household expenses conveniently with a personal loan for home expenses.
These loans feature competitive interest rates, quick approvals, and flexible repayment terms, ensuring a hassle-free borrowing experience.
How to apply for a personal loan in Vadodara?
Applying for a personal loan in Vadodara is a hassle-free process. Follow these steps to get started:
- Click on ‘APPLY’ at the top of this page to open our online personal loan application form.
- Enter your 10-digit mobile number and the OTP sent to your phone.
- 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 loan amount that you need. Choose from our three personal loan variants – Term, Flexi Term, and Flexi Hybrid Term Loan.
- Choose the repayment tenure and click on ‘PROCEED’.
- 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
Frequently asked questions
Individuals aged 21 years– 80 years* with a stable income, good credit score, and necessary documents can apply for a personal loan in Vadodara.
You can avail of up to Rs. 55 lakh, depending on your income, credit profile, and lender's criteria.
Use the EMI Calculator to estimate your monthly payments by entering the loan amount, tenure, and interest rate.
You can get an instant personal loan of up to Rs. 55 lakh with quick approval and flexible repayment options, based on your eligibility.
A personal loan application is typically processed within 24 hours*, provided all documents are submitted correctly and meet the eligibility criteria.
Yes, you can prepay or foreclose your loan as per the terms and conditions.
You can lower your EMI by opting for a longer tenure, or making a part-prepayment to reduce the loan balance.
