Personal Loan features

Read on to know why our personal loan is the best option for you.

Features and benefits of our personal loan

All you need to know about our Personal Loan

Watch this video to know everything about the features of our personal loan

  • 3 unique variants

    3 unique variants

    Pick the loan variant that suits you best: Term loan, Flexi Term Loan, and Flexi Hybrid Loan.

  • No part-prepayment charge on Flexi Term Loan

    No part-prepayment charge on Flexi Term Loan

    Repay a part of your loan in advance, at no extra cost. You can part-pay as many times as you want.

    Read about Flexi Term Loan

  • Loan of up to

    Loan of up to Rs. 35 lakh

    Manage your small or big expenses with loans ranging from Rs. 1 lakh to Rs. 35 lakh.

  • Manage your loan easily with repayment options

    Convenient tenures

    Manage your loan easily with repayment options ranging from 12 months to 84 months.

  • Approval in just

    Approval in just 5 minutes

    Complete your entire application online from the comfort of your home or wherever you are.

  • Money in your account

    Money in your account in 24 hours*

    Your bank account will be credited with your loan amount within 24 hours* or, in some cases, on the same day of approval.

  • No hidden charges

    No hidden charges

    Our fees and charges are mentioned clearly on this page itself and also on our loan documents. We advise you to read these in detail before applying. 

    Know about our fees and charges

  • No guarantor or collateral needed

    No guarantor or collateral needed

    You do not need to provide any collateral such as gold ornaments, property papers, or have someone stand as a guarantor.

  • A personal loan is an unsecured loan that lets you borrow money and repay it in a series of small instalments over time.

    With an online personal loan from Bajaj Finserv, you can get instant approval on up to Rs. 35 lakh. Meet the simple eligibility parameters and complete your basic documentation to get the money you need within 24 hours* of approval.

    Our pre-approved customers may not even need to submit any additional documents. You can get the money you need as quickly as 30 minutes*.

    Click here to check if you have a pre-approved offer.

    *Terms and conditions apply.

    Still haven’t found what you’re looking for? Click on any of the links at the top of this page.

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Personal loan application process

Step-by-step guide to apply for a personal loan

  1. Click on ‘APPLY’ at the top of this page to open our online application form.
  2. Enter your 10-digit mobile number and verify the OTP sent to your phone.
  3. Fill in the application form with your basic details, such as your full name, PAN, date of birth, and PIN code.
  4. Now, click on ‘PROCEED’ to visit the loan selection page.
  5. Enter the loan amount that you need. Choose from our three personal loan variants –Term, Flexi Term, and Flexi Hybrid.
  6. Choose the repayment tenure – you can select tenure options of 12 months to 84 months and click on ‘PROCEED’.
  7. Complete your KYC and submit your application.

Our representative will guide you on the next steps. The loan amount will be transferred to your bank account on the successful verification of your documents.