Features of personal loan

  • %$$PL-Flexi-EMI$$%* lower EMIs with Flexi loan
    45%* lower EMIs with Flexi loan

    Repay with interest-only EMIs and reduce your monthly instalments with our Flexi facility.

  • Approval within %$$PL-Approval$$%
    Approval within 5 minutes
    Meet our simple eligibility parameters and get instant approval on your application.
  • %$$PL-Disbursal$$%* disbursal
    24 hours* disbursal

    With a simple online application process, get money in your bank account on the same day of approval*.

  • Repay over %$$PL-Tenor-Max-Months$$%
    Repay over 60 months
    Pick a convenient tenor ranging from one to five years to repay your loan.
  • No collateral required
    No collateral required
    No guarantors or collateral needed to get approval on your loan application.
  • No extra charges* on part-prepayment
    No extra charges* on part-prepayment

    Pre-pay your loan with surplus funds at no added cost with a Flexi loan.

  • Special offers for pre-approved customers
    Special offers for pre-approved customers
    Our existing customers enjoy quicker processing with special offers and a range of benefits.

Be it planned or unplanned expenses, urgent or elective needs, borrow a personal loan from Bajaj Finserv to enjoy instant approval. The Bajaj Finserv Personal Loan is an instant personal loan that requires no collateral or security. Use it for any purpose or to meet any goal without restriction. Common uses of an instant personal loan include financing medical treatment, home improvement, weddings, travel, or education.

Get up to Rs. 25 lakh with minimal documents by meeting simple eligibility criteria and get the money you need in your bank within 24 hours*. Choose a repayment term that suits you and repay the loan with ease. Pre-pay the loan at any time without any added fees.

You can also take advantage of our Flexi loan facility to withdraw and pre-pay funds within your loan limit as per your needs. What’s more, you can choose to pay interest-only EMIs for the first portion of the tenor to reduce your EMIs by up to 45%*.

Fast processing, minimal paperwork, and zero collateral make our instant personal loan a smart choice for Indian professionals. A competitive interest rate and no hidden charges make repayment easier too. To get quicker access to funds, check your pre-approved offer from Bajaj Finserv.

*Conditions apply

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Frequently asked questions

What is the maximum personal loan amount I can get?

Upon meeting all the eligibility criteria applicable to the Bajaj Finserv Personal Loan, you can get up to Rs. 25 lakh. From financing your child’s higher education to consolidating your debt, you will find that a personal loan is a versatile solution for handling a range of expenses.

Can I part-prepay the personal loan?

Bajaj Finserv offers all its loans with a part-prepayment facility, including the instant personal loan. After clearance of your first EMI, you can make part pre-payments up to six times a year. However, the minimum amount for part-prepayment is three times your EMI amount. If you have opted for a Flexi loan, you can part-prepay through our customer portal immediately after the loan has been disbursed, at no charge.

What is the Flexi loan facility?

You can withdraw and pre-pay funds from your loan limit as many times as you need with our convenient Flexi loan facility. Pay interest only on the amount utilised and enjoy greater flexibility. Reduce your EMIs up to 45%* by choosing to pay only the interest as your installment. This allows you to pre-pay the principal without added charges or repay it at the end of the tenor.

What are the interest rates applicable on a personal loan?

Bajaj Finserv offers personal loans at attractive rates starting from 13%. You can read more about personal loan interest rates and other charges applicable on your loan.

How soon can I get the personal loan in my account?

If you are a salaried professional applying for a personal loan, you can get instant approval on your online loan application in just 5 minutes. After verification of your documents, you can get the personal loan amount in your bank account within 24 hours*.

*Conditions apply

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