Bajaj Finserv in your city

Madurai is one of the oldest cities of India and is considered to be the cultural capital of Tamil Nadu. The city is famous for its magnificent temples and historical monuments, including the noteworthy Meenakshi-Sundareswarar temple.

Visit our branch in Madurai or reach out to us online to fulfil your diverse financing needs with a Bajaj Finserv Personal Loan of up to Rs. 40 lakh.

Features and benefits of a personal loan in Madurai

  • Flexibility

    Flexibility

    Get a flexible repayment facility with the Flexi-hybrid feature. Save up to 45%* on EMI payments.

  • Online account

    Online account

    Use the customer portal - My Account to manage your loan account online.

  • Higher financing

    Higher financing

    Bajaj Finserv provides unsecured credit of up to Rs. 40 lakh in Madurai for multiple uses.

  • Flexible repayment tenor

    Flexible repayment tenor

    You can now choose up to 96 months as your tenor. Repay conveniently without defaulting.

  • Transparent policy

    Transparent policy

    Our transparent terms and conditions ensure no hidden charges on a personal loan.

  • Minimum documents

    Minimum documents

    Provide only essential documents to get your personal loan and receive a quick approval online.

  • Immediate approval

    Immediate approval

    You don't need to wait for hours and days to receive approval on your personal loan. Bajaj Finserv processes loans immediately for faster approval.

  • Fund in 24 hours*

    Fund in 24 hours*

    Access instant funding with us as the loan amount gets transferred to your account within 24 hours*.

Madurai in south Tamil Nadu is a major educational and industrial centre.

There are several granite, chemical, automobile and rubber manufacturing units functional in the city. On the other hand, farmers are engaged in poultry farming, mat weaving, dairy farming, carpentry, brick making and jasmine plantation. Besides, Madurai earns considerably from tourism.

To provide substantial financing to borrowers, Bajaj Finserv offers personal loans in Madurai with personalised features. Eligible applicants can apply through an online application form and receive quick approval in minutes. The documentation process is also hassle-free. Once verified, money is credited within 24 hours*. Avail of the best loan with flexible terms and conditions from Bajaj Finserv.

*Conditions apply

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Eligibility criteria for a personal loan in Madurai

Improve your chances of taking a loan with simple eligibility criteria. Opt for the personal loan eligibility calculator.

  • CIBIL score

    CIBIL score

    685+

  • Occupation

    Occupation

    Employed at a reputed MNC or private/public company
  • Citizenship

    Citizenship

    Residing Indian citizenship

  • Income

    Income

    Check the city list to know your minimum salary requirement

  • Age

    Age

    Between 21 years to 80 years*

Ensure to know the maximum amount you are eligible to avail beforehand. This increases the approval chances significantly and helps you make an informed decision. After application, you can easily check its status and other loan information on our customer portal - My Account.

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Interest rates and charges on a personal loan in Madurai

Check the latest fees and charges on a personal loan in Madurai.

Frequently asked questions

What is the minimum salary to apply for a loan?

The minimum wage depends on your current place of residence in India. The minimum requirement starts from Rs. 22,000 per month.

Can I apply for new credit when I already have one running?

It is possible to apply for a new personal loan when you already have an existing one running. However, your repayment capability, along with other financial aspects, will be evaluated before approval. Note that it's always better to avail one loan at a time. This shall not adversely impact your CIBIL score and reduce the possibilities of rejection.

Where can I use the money?

You can enjoy zero restrictions on loan use. Expand or invest the money whichever way you want to. Home renovation, wedding, healthcare, medical emergency, debt consolidation, travel or purchase of consumer durables are a few of its many uses.

Is there any asset requirement against the loan?

Bajaj Finserv offers an unsecured personal loan. Hence, there is no need to keep any asset as collateral or even bring a guarantor. Receive approval as per your eligibility.

What happens if I don’t meet the eligibility criteria?

When availing of an unsecured loan, eligibility criteria serve as the primary factor for assessment. The approval or rejection of an application largely depends on these parameters.

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