Features and benefits

  • Minimal documents

    Minimal documents

    You are only required to submit your identity and income proof to avail of a personal loan for salaried.

  • High-value loan amount

    High-value loan amount

    Avail of high-value personal loans of up to Rs. 35 lakh and address all your financial requirements easily.

  • Doorstep document collection

    Doorstep document collection

    Our representatives collect the required documents from your residence and complete the process for your convenience.

  • Swift approval and disbursal

    Swift approval and disbursal

    Bajaj Finserv grants quick approval for short-term loans. Fill in the simple application form and receive the funds you need swiftly.

  • Transparent process

    Transparent process

    Bajaj Finserv is a trusted financial service provider with 100% transparent terms. Check all related charges before applying.

Salaried professionals usually have a fixed monthly income which may not always be sufficient to take care of emergencies.

Hence, we provide a personal loan for salaried employees to help you meet various unplanned or planned expenses like a medical emergency, home renovation, debt consolidation, wedding expenses, etc. Managing these high-value expenses with a monthly salary can be challenging and might force you to dig into your savings.

However, you can avoid such a situation by availing of a Bajaj Finserv Personal Loan for salaried employees. This loan can be availed by an individual working at a private or public firm or an MNC. You can get up to Rs. 35 lakh at attractive interest rates and flexible repayment tenures. Read on to learn about our eligibility criteria.

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Eligibility criteria

You can avail of a best personal loan for a salaried person from Bajaj Finserv if you meet the following eligibility criteria:

  • Nationality

    Nationality

    Indian resident

  • Age limit

    Age limit

    21 years to 67 years*

  • Employment status

    Employment status

    Salaried employee of an MNC, public or private limited company

  • CIBIL Score

    CIBIL Score

    Above 750

City name

Minimum salary

Bangalore, Delhi, Pune, Mumbai, Hyderabad, Chennai, Coimbatore, Ghaziabad, Noida, Thane

Rs. 35,000

Jaipur, Chandigarh, Nagpur, Surat, Cochin

Rs. 28,000

Goa, Lucknow, Baroda, Indore, Bhubaneswar, Vizag, Nasik, Aurangabad, Madurai, Mysore, Bhopal

Rs. 25,000

Individuals working at reputable private or public limited companies or MNCs can get a high-value instant personal loan for salaried from Bajaj Finserv. You can also calculate the EMI on your personal loan using our online EMI calculator to estimate the repayment amount.

To avail of a salaried personal loan at attractive rates, it is important to improve your credit rating and eligibility. One of the many ways to do so is by paying dues on time. This helps boost the CIBIL score. Use the online eligibility calculator for a better understanding.

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Interest rates and charges

Bajaj Finserv offers personal loans for salaried employees at reasonable interest rates. Read about personal loan interest rates a look at the additional charges before applying to know the total cost of borrowing.

Frequently asked questions

What charges do I have to pay when taking a personal loan for salaried employees?

Depending on the situation, you may be required to pay additional charges on your personal loan. These include bounce charges (in case of a bounced cheque or missed EMI), processing fees for the loan, part-prepayment or foreclosure charges, and others.

Read the complete list of fees and charges applicable to your personal loan.

Can I foreclose or part-prepay my personal loan?

Yes, you have the option of foreclosing or part-prepaying your personal loan. Please visit our customer portal - My Account, to initiate the same.

Can I avail of a personal loan with a low CIBIL score?

While a credit score of 750 is considered ideal, you can apply for a personal loan even if you have a low CIBIL score. One option is to apply jointly with a spouse or family member, provided they have an excellent CIBIL score. However, please note that your lender will assess your repayment capacity before approving your application.

How much loan amount should I borrow?

It is always advisable that you borrow only what you need. This way, you will be able to manage the repayment effortlessly. You can also use our Personal Loan EMI Calculator to estimate your monthly instalments and repayment capacity before you apply.

What is a personal loan for salaried?

A salaried personal loan is an instant online personal loan specially designed for salaried customers. Individuals working at reputable private or public limited companies or MNCs can get a high-value instant salaried personal loan from Bajaj Finserv. Check your credit rating and eligibility to avail this personal loan at attractive rates.

How do I apply for salaried personal loan?

Applying for an online salaried personal loan with Bajaj Finserv is simple. To get started, click on the ' APPLY ONLINE ' button and follow the suggested instructions. We recommend you keep your essential documents (Aadhaar card, PAN card, passport, etc.) ready as you will need to upload the same. You can also visit your nearest Bajaj Finserv branch to apply for a salaried personal loan.

How long does the personal loan application process take for salaried employees?

The application process for a personal loan for salaried employees is quick and easy. All you need to do is follow a few simple steps. If you meet the eligibility criteria and provide all the necessary documents, you can expect approval within 5 minutes.

What is the documentation required to apply for a personal loan?

To avail of a personal loan for salaried employees, you will need to submit the following documents:

  • Passport-size photographs
  • KYC documents (Aadhaar card, PAN card, driving license, voter’s id, passport)
  • Bank account statements of the previous three months
  • Salary slips of the last two months
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