Personal loan by Bajaj Finserv comes with instant approval and disbursal within just 24 hours! Borrow up to Rs.25 lakh without the need to pledge any collateral. Simply meet Bajaj Finserv’s simple eligibility criteria and submit your basic documents to avail the money that you need. Repay your loan with ease with our flexible repayment tenors ranging from 12 months to 60 months.
Here's a look at some of the features and benefits of a Bajaj Finserv Personal Loan:
Meet your expenses with a Flexi Personal Loan and reduce your instalment by up to 45% with interest-only EMIs. Borrow as often as you need to from your loan account without the need for multiple applications for additional documentation.
Meet the basic eligibility criteria, share just a few details and have your online personal loan application approved instantly – in under 5 minutes.
Follow the simple steps in the loan application process and submit the basic documents required to avail your loan.
Bajaj Finserv offers India’s fastest personal loan – with disbursal in just 24 hours of your loan getting approved. Just think it, and get the money in your bank account.
With loan up to Rs.25 lakh on offer, you can meet any financial obligation without a hassle. Borrow as much as you need and repay it over flexible tenors ranging from 12 months to 60 months.
Make the most of easy pre-approved loan offer by Bajaj Finserv. If you are an existing customer, all you need to do is to share your basic contact details, share your one-time password (OTP) and check your pre-approved offer.
Bajaj Finserv Personal Loan is unsecured loan – this means you can borrow the money that you need without having to worry about pledging any collateral.
What you see is what you get. With easy to understand terms and conditions, your Bajaj Finserv Personal Loan is transparent. There are no hidden charges. Stay fully informed about your loan by reading the terms and conditions.
Manage your loan EMIs, check your statement of account (SOA), find your repayment schedule, access the loan terms and conditions or prepay your loan anytime, anywhere with an easy to use online loan account.
The eligibility criteria for a Bajaj Finserv personal Loan are easy to meet. To qualify for a loan, you must fulfil these requirements:
|Age Limit||Between 23 and 55 years|
|Employment||Salaried, employed with an MNC, public, or private company|
|Nationality||Indian, resident citizen|
|Minimum salary – Rs.35,000 per month||Bangalore, Delhi, Pune, Mumbai, Hyderabad, Chennai, Coimbatore, Ghaziabad, Noida, Thane|
|Minimum salary – Rs.30,000 per month||Ahmedabad, Kolkata|
|Minimum salary – Rs.28,000 per month||Jaipur, Chandigarh, Nagpur, Surat, Cochin|
|Minimum salary – Rs.25,000 per month||Goa, Lucknow, Baroda, Indore, Bhubaneswar, Vizag, Nasik, Aurangabad, Madurai, Mysore, Bhopal, Jamnagar, Kolhapur, Raipur, Trichy, Trivandrum, Vapi, Vijayawada, Jodhpur, Calicut, Rajkot|
Bajaj Finserv offers instant Personal Loan with an attractive interest rate, and transparent fees and charges, to make the loan process easier for you.
You can get up to Rs.25 lakh at a nominal rate of interest, with a flexible repayment tenor that suits your budget. With the flexi loan facility, you can pay up to 45% lesser EMIs too.
To know more about the charges applicable on personal loans by Bajaj Finserv, please read the table below:
|Personal Loan Interest Rate||12.99% onwards|
|Maximum Loan Amount||Up to Rs.25 lakh|
|Processing Fee||Up to 3.99% of the loan amount|
|Penal Interest||2% default interest plus taxes per month|
|EMI Bounce Charges||Rs. 600 - 1,200 per bounce + GST|
|Foreclosure Charges||4% + GST on principal outstanding|
|Part Prepayment Charges||2% + GST on principal outstanding|
Use a Bajaj Finserv Personal Loan to meet a wide range of financial requirements such as planning a vacation or your dream wedding, paying for your higher studies or home renovation. You can use it to cover the expenses of a medical emergency among other things.
Bajaj Finserv offers personal loan for women, individuals employed by the Government of India and various public-sector units (PSUs), as well as school teachers and college professors.
And that’s not all. If you have multiple forms of debt – overdue bills, credit card dues, or short-term loans of varying interest rates, a personal loan can come in handy. Consolidate all your existing loans into one with personal loan and manage your instalments effectively.
Bajaj Finserv offers attractive interest rates and a host of benefits to help you meet all your financial obligations with ease. Fill the online application form and avail a loan today.
Check your loan eligibility and calculate your EMIs with our easy-to-use Eligibility Calculator and EMI Calculator.
A personal loan is an unsecured loan, which means you don’t need to pledge a collateral to receive the funds. Availing one is easy – you can apply online – and you can use the money to meet almost any expense.
Bajaj Finserv, one of the most diversified NBFCs in the country, offers personal loan up to Rs.25 lakh with instant approval and quick disbursal.
It can help you manage the expenses of a variety of needs including:
Getting approval on your Bajaj Finserv Personal Loan application is easy.
Alternatively, you can check if you qualify for a pre-approved personal loan.
With a Bajaj Finserv Personal Loan, you can expect approval for application in under 5 minutes.
The minimum salary required to avail a Bajaj Finserv Personal Loan depends on your city of residence. For instance, if you reside in Mumbai, Pune, Bangalore, or Delhi you must have a monthly salary of Rs.35,000.
To avail a loan, you only need to meet the basic eligibility criteria.
As long as you meet the salary requirements as specified based on your city of residence, you can qualify for a personal loan.
To avail a personal loan, you will need to submit the following documents:
You can use the handy Personal Loan EMI Calculator to determine your monthly instalments.
Bajaj Finserv charges a 4% foreclosure charge plus applicable taxes on principal outstanding.
Bajaj Finserv charges a 2% part-prepayment charge plus applicable taxes on the part- prepayment amount paid.
You will be charged a processing fee up to 3.99% of the loan amount.
You can borrow up to Rs.25 lakh without pledging any collateral with Bajaj Finserv. You can repay your loan over flexible tenors ranging from 12 months to 60 months.
A standard term loan is a fixed loan amount that you borrow as a lumpsum. It is availed at a fixed rate of interest and must be repaid over a specific tenor.
A Flexi Personal Loan, on the other hand, essentially provides you with a pre-approved loan limit based on your credit score and eligibility. You can withdraw money from your loan limit as many times as you need – without having to apply multiple times. You also have the option to prepay your loan as per your convenience.
With the option to manage interest-only EMIs, you can lower your instalments by as much as 45%*. For greater flexibility and convenience, choose a Flexi Personal Loan by Bajaj Finserv.
*terms and conditions apply.
Bajaj Finserv offers personal loans with a range of attractive benefits including:
Complete the application form online and avail your personal loan.
Total Interest payable
Total Payment (Principle + Interest)