Download App image

Bajaj Finserv App

Personal Loan

Personal Loan Eligibility & Documents

Please enter your full name
Please enter your full name
Please choose your city of residence from the list
Please type your city name and select it from the list
Your mobile number helps us fetch your personal loan offer. Don’t worry, we will keep this information confidential.
Mobile number cannot be blank

I authorize Bajaj Finserv representatives to call/SMS towards this application and other products/services. This consent overrides my registration for DNC/NDNC. T&C apply

Please accept Terms and Conditions

OTP has been sent to your mobile number


Incorrect OTP, please try again

Click on 'Resend' if you want to get a new OTP

47 Seconds
Resend OTP Entered the wrong phone number? Click here

Personal Loan Eligibility Criteria

Fulfil the eligibility criteria to avail of a personal loan up to Rs.25 lakh, such that you can meet a range of your financial needs. These loans are collateral-free and are offered against basic eligibility criteria. You can also get the loan amount in your bank within 24 hours of approval.


When you apply for a Bajaj Finserv Personal Loan, you need to meet basic eligibility criteria including:

  • You must be between 20 and 60 years of age.
  • You must be a salaried individual employed with an MNC, public or private company.
  • You must be a residing citizen of India.
  • You must have a minimum CIBIL score of 750 (Click here to check CIBIL score for free).

Meet all these criteria to get a personal loan at attractive 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:

Rs. 30,000/Month

Ahmedabad, Kolkata

Rs. 28,000/Month

Jaipur, Chandigarh, Nagpur, Surat, Cochin

Rs. 22,000/Month

Bidar, Mandya, Bhadrak, Balangir, Hassan, Junagadh, Chalisgaon, Godhra, Gandhidham, Pen

It is essential to study the personal loan eligibility criteria and terms and conditions properly to avoid any reason for rejection, which could also adversely affect your CIBIL score. Avoid 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 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.

Documents Required for Personal Loan

You need the following documents while applying for a Bajaj Finserv Personal Loan:

  • KYC documents

  • Employee ID card

  • Salary slips of the previous 2 months

  • Last 3 months’ bank statements of your salary account

*Please note that the list is indicative. Additional documents may be needed during loan processing.

Personal Loan Eligibility and Documents FAQs

What documents are required for a personal loan for a salaried person?

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:

  • KYC documents such as Aadhaar card, voter ID card and driving license
  • Employee ID card
  • Last 2 months’ salary slips
  • Previous 3 months’ bank account statements of your salary account

How can I check my Bajaj Finserv personal loan eligibility?

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:

  • Your current city of residence
  • Date of birth
  • Monthly income
  • Monthly expenses

Once done, it will provide an exact amount that you will be eligible for. You can click on the ‘Apply Now’ button if you wish to apply for the same amount with Bajaj Finserv.

Which proof of income is valid for personal loans?

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:

  • Salary slips of the previous two months
  • The bank account statements of your salaried account for the last 3 months

How to check my Bajaj Finserv personal loan status?

Tracking your Bajaj Finserv personal loan status is simple and quick. You can check your loan application status by following some easy steps:

  • Go to the ‘check your loan application status’ section of the Bajaj Finserv website.
  • Click on Case ID/Loan ID/File ID icon. Enter your personal loan Case ID, File ID or Loan ID. You can find these details on your loan form.
  • Click on the ‘Submit’ button to arrive at the result.
  • You will now be able to check your loan status.

How much personal loan am I eligible for?

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.

What is the required minimum salary for personal loans?

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.

What is the age limit to get a loan?

The personal loan age limit ranges between 20 and 60 years. The younger you are, the higher a loan amount you can avail of 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.

Check Your Personal Loan EMI

loan amount

Please enter loan amount


Please enter tenor

interest rate

Please enter interest rate

Your EMI is


Apply Now

Disclaimer :

The EMI calculator is an indicative tool. 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.

We are unable to contact you

We tried to call you about your Personal Loan offer but your number is not reachable. Please share an alternate phone number where we can contact you.

Please share an alternate mobile number we could reach you on


Please submit the six-digit OTP shared on your alternate number

+91 84659 24498Change Number
Please submit OTP
60 seconds

By clicking on submit, you agree to our terms and conditions.

Thank you! Our representative will call you about your Personal Loan shortly.

Update Mobile Number
Mobile No can not be blank
Verify with OTP

Please enter the OTP we have sent you on your mobile number 80005 04163
Change Mobile No

Enter OTP below

Incorrect OTP, please try again

Request new OTP 0 seconds

Thank you

Your mobile number has been successfully verified and updated. Our representative will contact you on this number shortly.

Quick Action