Features and benefits of Personal Loan for govt employees

  • 5 minutes* approval

    5 minutes* approval

    Apply through our easy online application form to get swift approval on simple eligibility terms.
  • 24 hours* money transfer

    24 hours* money transfer

    Receive the money in your bank account within 24 hours* of approval and document verification.

  • Flexi loan facility

    Flexi loan facility

    Use our Flexi personal loan facility to reduce your EMI. Use our personal loan EMI calculator and plan your repayment journey wisely.

  • Simplified paperwork

    Simplified paperwork

    Avail of a personal loan for government employees by submitting a few essential documents.

  • Flexible repayment tenures

    Flexible repayment tenures

    Borrowers can repay the personal loan over the tenure of up to 96 months. You can also use the personal loan EMI calculator and estimate your monthly EMIs in advance.

  • Transparent policies

    Transparent policies

    Be assured of zero undisclosed charges and read our terms and conditions to gauge the cost of the loan.

  • Virtual account access

    Virtual account access

    Use our online customer portal, Experia, to easily manage your payments and view other pertinent loan details.

  • Loan amount

    Loan amount

    With a personal loan, borrowers can get a maximum loan of up to Rs. 40 lakh, which can be up to 20 times of net salary. Borrowers must have a CIBIL Score of 685 or above and a minimum salary of Rs.27000.

  • Flexible repayment dates

    Flexible repayment dates

    Borrowers have the flexibility of choosing the loan repayment dates as the (2nd or 7th) * of every month as per their convenience.
    *Terms and conditions apply.

The Bajaj Finserv Personal Loan for government and PSU employees is an easy solution for all your monetary needs. Meet the simple eligibility criteria and provide a few essential documents to receive money in the bank in 24 hours*.

Our unsecured personal loan is available for all PSU (Public Sector Undertakings) employees including local, state and central government employees extending funding of up to Rs. 40 lakh, bearing zero spending restrictions. This makes them ideal solutions for your financing needs and goals, whether unplanned or planned. Use the money to fund home renovations, a wedding, higher education, overseas travel, or any other need with ease.

Opt for our Flexi loan facility to reduce your EMIs by up to 45%*. Here, you pay interest-only instalments and the principal later. If you are an existing customer with Bajaj Finserv, avail of a pre-approved loan offer. Your personalised offer can help you obtain financing expeditiously and on favourable terms.

Read More Read Less

Eligibility criteria for personal loan for govt employees

Any central or state government employees can avail of a loan by meeting Bajaj Finserv’s simple personal loan eligibility criteria. Railway and other government employees can apply for a personal loan in just four easy steps.

  • Nationality


  • Age


    21 years to 80 years*

  • Work status

    Work status

  • Employment


    Public-sector company, or a government body

  • CIBIL Score

    CIBIL Score

    685 or higher

  • Minimum salary

    Minimum salary

    Rs.27000, based on the city you live in.

Interest rates for personal loans for govt employees

As you go through the personal loan interest rates and charges offered on loan for state or central government employees, be assured of zero hidden costs. You will get the best fees and charges on your loan as Bajaj Finance Limited offers attractive personal loan interest rates for government employees.

Repayment tenure for personal loans for government employees

The exact repayment duration depends on the lender's policies, the loan amount, and the borrower's creditworthiness. Government employees often enjoy favourable interest rates and flexible repayment terms compared to other borrowers. With Bajaj Finance Personal Loan, you can get a convenient repayment period of up to 96 months.

How to Apply for Personal Loan for Government Employees

Follow this simple guide to apply for a personal loan for central or state government employees online:

  1. 1 Click on ‘Apply Online’ to view our short and simple application form
  2. 2 Share your phone number and authenticate your profile with an OTP
  3. 3 Fill in your basic KYC, income, and employment details
  4. 4 Enter the loan amount and submit the application

Our representative will call you to guide you on the next steps.

*Conditions apply

For any assistance, you can reach our Bajaj Finance Personal Loan customer care number. Whether you have inquiries about loan eligibility, application status, repayment options, or any other concerns, our dedicated team is available to provide support and guidance to ensure a smooth borrowing experience.

Bajaj Finserv App for all your financial needs and goals

Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals.

You can use the Bajaj Finserv App to:

  • Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more.
  • Explore and apply for co-branded credit cards online.
  • Invest in fixed deposits and mutual funds on the app.
  • Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.
  • Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.
  • Apply for Insta EMI Card and get a pre-approved limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on No Cost EMIs.
  • Shop from over 100+ brand partners that offer a diverse range of products and services.
  • Use specialised tools like EMI calculators, SIP Calculators
  • Check your credit score, download loan statements and even get quick customer support—all on the app.

Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app.

Do more with the Bajaj Finserv App!

UPI, Wallet, Loans, Investments, Cards, Shopping and more

Frequently asked questions

Can a government employee avail of a personal loan?

Any salaried individual who meets the personal loan eligibility criteria can get the Bajaj Finserv Personal Loan.

How much personal loan can a government employee get?

Government employees can avail of a personal loan of up to Rs. 40 lakh with Bajaj Finance.

Why do government employees get loans easily?

Central government employees and state government employees have high job security, which makes it easier for a lender to trust his credit worthiness before sanctioning the loan amount.

What is the tenure for personal loans for state and central government employees?

With Bajaj Finance, you can repay the personal loan over convenient tenures ranging from 6 months to 96 months.

What are the eligibility criteria of personal loan for central government employees?

The following are the eligibility criteria required to get a personal loan for central government employees:

  • Nationality: Indian 
  • Age: 21 years to 80 years* 
  • Employed with: Public, private, or MNC, public sector undertaking, state and central government entities
  • CIBIL score: 685 or higher 
  • Monthly salary: Minimum monthly salary required for a personal loan is Rs. 25,001, based on the city you live in
What is a personal loan for government employees?

Personal loans are unsecured loans that offer funds for various personal needs, such as emergencies, education, or wedding costs. These loans often feature competitive interest rates and flexible terms, tailored to the borrower’s unique circumstances.

What are the uses of personal loans for government employees?

Personal loans for government employees can be used for various purposes, including emergency expenses, wedding costs, home improvements, education costs, or any other personal financial needs.

What is the eligibility for a personal loan for government employees?

The eligibility criteria for a personal loan for government employees differ from lender to lender. You can qualify for a Bajaj Finance Personal Loan once you meet the five simple eligibility criteria mentioned below:

  • Nationality: India
  • Age: 21 years to 80 years*.
  • Employed with: Public, private, or MNC.
  • CIBIL score: 685 or higher.
  • Monthly salary: Starting Rs. 25,001, based on the city you live in.

*You should be 80 years* or younger, at the end of the loan tenure.

What are the uses of a personal loan for government employees?

Government employees can use personal loans for various purposes, including medical emergencies, home renovations, debt consolidation, education expenses, or to cover unexpected financial needs. Personal loans offer flexibility and can help bridge financial gaps, providing government workers with the necessary funds to address personal or family-related expenses without depleting savings or emergency funds.

Why do government employees get loans easily?

Government employees often find it easier to secure loans due to their stable income and in cases of pre-approved offers, provision of no income proof for personal loans, making them less risky borrowers for lenders.

Show More Show Less