Features and benefits of low salary personal loan

  • Collateral-free finance

    Collateral-free finance

    Obtain the funds you need without pledging any security.
  • Approval in %$$PL-Approval$$%

    Approval in 5 minutes

    Get instant approval on your personal loan application by meeting our simple criteria.
  • Disbursal in %$$PL-Disbursal$$%

    Disbursal in 24 hours

    Obtain the funds within a day after loan approval and document verification.

  • Up to %$$PL-Tenor-Max-Months$$% for repayment

    Up to 60 months for repayment

    Space out repayment over a period of up to 5 years, as per your capacity.

  • Zero hidden charges

    Zero hidden charges

    Be assured of 100% transparency in loan dealings. You can read the terms and conditions for all the charges due on your loan.
  • Minimal documentation

    Minimal documentation

    You can show that you meet the eligibility parameters by submitting only your basic documents. No lengthy paperwork is necessary.

  • Digital loan account

    Digital loan account

    Pay EMIs, part pre-pay your loan, download your loan statements, and more with our customer portal, My Account.

Bajaj Finserv offers tailored personal loans of up to Rs. 10 lakh for low-income individuals. Our eligibility criteria are simple, so much so that you can apply for a loan and get instant approval within 5 minutes*. Our documentation requirement is minimal, and post-approval and verification of your loan application, the funds are disbursed to your bank account in 24 hours*.

We offer competitive interest rates per your financial profile, and you can pick from a flexible repayment term of up to 60 months to make your EMIs budget-friendly. To plan for repayment, use the Personal Loan EMI Calculator. Aim to keep your EMI and other debt obligations at less than 30-40% of your income. If you happen to witness an increase in income, you can always part pre-pay your loan or repay your personal loan in one go by foreclosing it.

Our low-salary personal loans are collateral-free offerings, have zero hidden charges, and bear no spending restrictions. Easily avail of a Bajaj Finserv Personal Loan for your planned and unplanned expenses, be it business expansion, higher education, debt consolidation, or home renovation.

For additional insight, view these customised loans:

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Documents required for low-income personal loan

  • KYC Documents – Aadhaar, PAN, Voter ID, driving license, passport
  • Address proof
  • Passport-size photograph

*Conditions apply