Features and benefits of Rs. 60,000 personal loan
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Pay up to 45%* less EMI
Our Flexi facility allows you to make interest-only payments to bring down your personal loan EMIs.
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Part-prepayment facility
Prepay via the part-prepayment facility to reduce your repayment liability any time during the tenor.
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Convenient loan management
Log in to our customer portal to track all information related to your loan, such as EMIs due, repayment schedule, and more.
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Adjustable tenor
Pay EMIs over a tenor of up to 96 months. Use the Personal Loan EMI Calculator to plan repayment in an informed manner.
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Basic paperwork
Our requirement for documents for a personal loan of Rs. 60,000 is minimal; hence you can apply stress-free.
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Speedy approval process
When you meet our simple eligibility parameters, you enjoy instant loan within 5 minutes*.
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Fast money transfer
Access a loan of Rs. 60,000 within 24 hours* of approval to meet planned and unplanned expenses with ease.
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No collateral required
Our personal loan of Rs. 60,000 is easy to apply for as it is unsecured. You don’t need to pledge any collateral.
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No extra charges
We ensure 100% transparency without any hidden fees. Check our terms and conditions for clarity.
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Pre-approved offers
Our existing customers can avail of loans with just a click. To check your pre-approved offer, enter your name and contact number.
The Bajaj Finserv Personal Loan of Rs. 60,000 is an ideal solution for any requirement, from consolidating debt to financing a wedding or paying for medical treatment or home improvements. Our online personal loan is easy to qualify for and does not need any collateral. Meet the simple eligibility parameters and the money is transferred to your bank account within 24 hours* of approval. With a flexible tenor of up to 96 months, we give you the choice of selecting the repayment duration that suits your obligations and finances.
Our existing customers enjoy special privileges, such as pre-approved loan offers. Check your pre-approved offer by sharing your contact details and getting funds in just a few clicks.
Purpose of a Rs. 60,000 personal loan
One of the advantages of a personal loan is the flexibility in end-use. You can use the funds for a wide variety of purposes, including:
- Medical emergency
- Wedding
- Higher education
- Home renovation and repair
How much EMI will I need to pay for a personal loan of Rs. 60,000?
Tenor |
Approximate EMI at 13% interest rates |
2 years |
2,853 |
3 years |
2,022 |
5 years |
1,365 |
Documents required for a Rs. 60,000 personal loan
Our Insta Personal Loan provides pre-approved offers, and minimal documentation is one of the most significant advantages. In some cases, you might not even need to provide any documents. In case you are asked for documents, you will only need the following:
- KYC documents such as Aadhaar, passport, driving license, voter’s ID, or a Letter of National Population Register
- PAN card
- Cancelled cheque
- Bank account statements for the last 3 months
- Salary slips for the last 3 months
Eligibility criteria for Rs. 60,000 personal loan
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Nationality
Indian
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Age
21 years to 80 years*
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CIBIL score
685 or higher
See if you can qualify in minutes. Use the Personal Loan Eligibility Calculator.
Increase your chances of approval by meeting all the parameters for the personal loan. This includes fulfilling our simple eligibility criteria and submitting the basic documents needed.
Interest rates and charges for a Rs. 60,000 loan
To make Rs. 60,000 personal loan repayment more manageable for you, we offer funds at attractive interest rates and nominal charges.
How to calculate interest rate and EMI on a Rs. 60,000 personal loan
The interest rate is decided by your lender basis your loan amount, tenure, and credit history. Once you know the interest rate on the desired loan amount and tenure, you may use the personal loan EMI calculator to determine your monthly instalments. It will help you plan your EMIs and ensure timely repayments. A personal loan EMI calculator can help you accurately determine your EMIs. You just need to select the loan amount, rate of interest and tenure, to get the exact EMI payable for your personal loan.
A Personal Loan EMI calculator uses an EMI calculation formula to calculate your monthly instalments. The formula used is: E = P*r*(1+r)^n/((1+r)^n-1) where,
- E is EMI
- P is the principal loan amount,
- r is the rate of interest calculated monthly, and
- n is the tenure/ duration in months
For example, the EMI for a Rs. 60,000 personal loan, at an interest rate of 13%, for a tenure of 36 months, will be approximately Rs. 2,022.
How to apply for a personal loan of Rs. 60,000
Apply for a personal loan of Rs. 60,000 from Bajaj Finance by following these four steps:
- 1 Click ‘APPLY ONLINE’ to open the application form
- 2 Fill out the basic details and enter the OTP for verification
- 3 Share relevant professional and personal data as per the form
- 4 Submit the form by uploading the necessary paperwork
A Bajaj Finserv representative will get in touch to guide you through the next steps of getting your personal loan of Rs. 60,000.
*Conditions apply
Other instant personal loan options
Frequently asked questions
The minimum salary required to get a Bajaj Finance Personal Loan is Rs. 25,001, depending on the city you live in. You can choose to apply with a co-applicant in case you fall short of the eligibility criteria.
To get our personal loan, you need to have a CIBIL Score of 685 or higher.
Yes, you can get our personal loan with a cash salary. You simply need to fulfil our eligibility criteria.
The EMI depends on tenure and rate of interest along with the amount. For example, the EMI for a Rs. 60,000 personal loan at an interest rate of 13% p.a., for a tenure of 36 months, will be Rs. 2,022.
You can get an instant personal loan for any legal expense, be it a medical emergency, or a wedding, or anything else.
The amount of personal loan you can get depends not only on your salary, but on several factors including your credit history, CIBIL Score, debt-to-income ratio, and so on.
A CIBIL Score of 685 or higher is required to get our personal loan.
You do not have to pledge any collateral or security to get our personal loan.
The repayment tenure for our personal loan ranges from 6 months to 96 months.
The interest rate varies from lender to lender. The interest rate for a Bajaj Finance Personal Loan ranges from 11% to 38% p.a.
