You can apply for a personal loan easily by fulfilling eligibility criteria and avail up to Rs. 25 lakh to fulfil a range of financial commitments. Since these loans are collateral-free, they need minimum eligibility criteria. You can also get the loan disbursal with 24 hours of approval.
When you apply for a Bajaj Finserv Personal Loan, you need to meet basic eligibility criteria like:
You can avail a loan at attractive personal loan interest rates. The minimum salary required for personal loan is based on your city of residence. Hence, your minimum net salary per month should be as follows:
It is essential to study the personal loan eligibility criteria and terms & conditions properly to avoid any reason for rejection that could also adversely affect your CIBIL score. Avoid any errors by making use of the Personal Loan Eligibility Calculator to find out if you qualify for a loan.
Additionally, if you need to toggle the loan amount and tenor to find out the monthly EMI amount that you can afford, use the convenient Personal Loan EMI Calculator.
You can also opt for a Flexi Personal Loan that allows you to borrow when you need from a sanctioned loan amount and prepay whenever you can. This helps you pay up to 45% lower EMI.
You will need the following documents* in order to apply for a Bajaj Finserv Personal Loan:
*Please note that the list is indicative. Additional documents may be needed during loan processing.
Applying for a personal loan for salaried employee needs you to furnish some basic documents. You will need to submit the following documents to apply for a personal loan:
Checking the Bajaj Finserv personal loan eligibility is simple and hassle-free. All that you need to do open the eligibility calculator and enter some details such as:
Personal loans of up to Rs.25 lakh can help you fulfill a range of financial requirements. These are collateral-free funding sources and hence, you need to submit only minimal documents required for loan. The personal loan documents list accepted as valid proof of income include:
Tracking your Bajaj Finserv personal loan status is simple and quick. You can check your loan application status by following some easy steps:
Bajaj Finserv can let you borrow as high as up to Rs.25 lakh. But, the final amount that anyone can apply for depends on his/her loan eligibility. You can simply check personal loan eligibility by using the online personal loan eligibility calculator. It will provide an exact amount that you are eligible for. You can apply for the same amount to get quick approval.
The required minimum salary for personal loans is Rs.25,000 and depends on the city where you live. If you live in Pune and earning Rs.25, 000 per month, then you may not be eligible for personal loans. It is because the minimum salary required in Pune is Rs.35,000. The minimum salary differs from city to city. However, you can always apply for low salary personal loan and get up to Rs.10 lakh. The personal loan below Rs.15,000 salary facility is available at Bajaj Finserv.
The personal loan age limit ranges between 23 and 55 years. The younger you are, the higher a loan amount you can avail because of more workable years left. You can also check your entire loan eligibility using the personal loan eligibility calculator online. It will let you know an exact personal loan amount that you will be eligible for. You can apply for the same amount to avoid the chances of rejections.
Disclaimer :The EMI calculator is an indicative tool and the results may vary based on actual interest rates and the period between disbursal date and the first EMI date. Calculation results are approximate and for information purposes only.