Features and benefits of low salary personal loan
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Collateral-free finance
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Approval in 5 minutes
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Disbursal in 24 hours
Obtain the funds within a day after loan approval and document verification.
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Up to 84 months for repayment
Space out repayment over a period of up to 7 years, as per your capacity.
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Zero hidden charges
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Minimal documentation
You can show that you meet the eligibility parameters by submitting only your basic documents. No lengthy paperwork is necessary.
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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 84 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:
Documents required for low-income personal loan
- KYC Documents – Aadhaar, PAN, Voter ID, driving license, passport
- Address proof
- Passport-size photograph
*Conditions apply