Please enter your city to check eligibility
DATE OF BIRTH
Please enter your city to check eligibility
Minimum salary should be above Rs.35,000
Sorry! Net expenses are too high
You are eligible for up to
Calculator is an indicative tool to check personal loan eligibility and assist the user to calculate the loan amount that the user will be eligible to borrow. Calculation results are approximations and for information purposes only and interest rates quoted are indicative. Actual interest rates and loan eligibility amount will vary. To check eligibility for personal loan and know the actual eligibility amount, the user should share his complete and accurate details by clicking on the ‘apply now’ tab and provide additional information/documents required for assessment of user’s application. Calculation results are not intended to substitute professional advice, which the user is advised to seek. Loan terms and conditions apply.
If you wish to apply for a personal loan, you need to determine your eligibility before applying for it. To do that, you can use the eligibility calculator. Here is how to check the personal loan eligibility:
A final, personal loan amount that you can get from a lender depends on your salary, city of residence, age and other eligibility criteria. The best thing to know how much personal loan you can get on your salary will be using the personal loan eligibility calculator. It will tell an amount that you can apply for as the loan after you select your city, age, salary and monthly expenses on the tool. This way, you can apply for the eligible amount and avoid the chances of rejections.
A personal loan for salaried employees can be availed if you can meet some eligibility conditions. Have a look at the personal loan eligibility of Bajaj Finserv:
Qualifying for a personal loan is easy if you can meet the eligibility criteria of Bajaj Finserv and submit some documents.
The minimum salary for personal loans that you need to be earning will depend on your city of residence. The minimum salary that you need to be earning is Rs.25,000 and that depends on your city. But, if you are earning Rs.25,000, then you can’t apply for a loan in Pune. It is because the minimum salary in Pune is Rs.35,000. The minimum salary required to apply for personal loans will differ from cities to cities.
At Bajaj Finserv, the personal loan age limit is between 20 and 60 years. Hence, the maximum age to avail of a loan is 55 years. However, the younger an applicant is, the better is his/her chance to get the loan approval at a lower rate of interest. It is because he/she has more working years left than an applicant in his/her 50s. Thus, the applicant won’t face issues in paying the loan EMIs without the risk of defaulting.
If you want to apply for a personal loan to meet some of your urgent needs, then you need to check if you are eligible for the desired loan amount or not. To do that, you can check your loan eligibility by using the personal loan eligibility checker. You need to select your city, age, income and expenses and the tool will predict the eligible amount. As per the qualifying amount, you can apply for the same and get instant approval.
Although the required CIBIL score for personal loan is 750+, you can also get the loan approval when you have a lower credit score. You won’t get the loan approval if the CIBIL score is under 599. However, if you have a score of 600-700, you may get the loan approval, but at a higher rate of interest. It may affect your budget and lead to an increased EMI amount.
Yes, a person can have a personal loan and a home loan account at the same time. If you have an ongoing personal loan and you are seeking a home loan, then you can apply for it. The only condition is that your debt to income ratio should not be above 50%. You can have multiple personal loans and yet apply for a home loan. You should ensure having higher creditworthiness so that you can manage home loan and personal loan repayments.
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 submit the six-digit OTP shared on your alternate number
By clicking on submit, you agree to our terms and conditions.
Thank you! Our representative will call you about your Personal Loan shortly.