Personal loan in Ahmedgarh

Personal loan in Ahmedgarh

Check your eligibility for personal loan in Ahmedgarh with your phone and OTP - no branch visit needed.

Rs. 40000 - Rs. 55 lakh

You may be eligible for a pre-approved offer

Enter mobile and OTP | Check offer | No branch visit needed

Ahmedgarh, a vibrant town in Punjab, represents the entrepreneurial spirit and cultural richness of the region. Known for its agricultural prosperity, growing business community, and strong family values, the town offers numerous opportunities for individuals looking to achieve their financial goals and improve their quality of life.


Whether you're planning a dream vacation, funding a traditional Punjabi wedding, covering medical expenses, or managing home renovations, a personal loan in Ahmedgarh can be the ideal financial solution. With easy eligibility criteria, minimal documentation, and competitive interest rates, obtaining a personal loan has never been more convenient for Ahmedgarh residents. You can also check if you already have a pre-approved offer in Ahmedgarh. The process is 100% digital, with no need to visit a branch.


✅  Check your pre-approved loan offer in Ahmedgarh with phone number and OTP → Apply online in 5 minutes → Receive funds within 24 hours*.

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Features and benefits of personal loan in Ahmedgarh

A personal loan in Ahmedgarh comes with multiple advantages, making it an ideal financing option for the town's diverse financial needs:

  • Quick approval and disbursal: Instant loan approvals with funds credited to your account within 24 hours* - perfect for urgent financial needs or time-sensitive opportunities.
  • Competitive interest rates: Affordable interest rates make repayments easier and more manageable, ensuring your EMI fits comfortably within your monthly budget.
  • Flexible repayment options: Choose repayment periods ranging from 12 months to 96 months, making EMI payments manageable according to your income cycle and financial planning.
  • Minimal paperwork: Apply easily with only basic documents required for approval - no lengthy procedures or complex documentation processes.
  • High loan amounts up to Rs. 55 lakh: Manage both small and large expenses easily with a personal loan amount that suits your specific needs and repayment capacity.
  • 100% online process: Complete the entire application from your home or office without visiting any branch - ideal for busy professionals and entrepreneurs.

Why this matters for Ahmedgarh residents: The town's mix of agricultural cycles, seasonal businesses, and family-oriented expenses means residents need flexible loan options that can accommodate varying income patterns and traditional celebrations.


Uses of personal loan in ahmedgarh

A personal loan in Ahmedgarh offers complete flexibility and can be used for multiple purposes, reflecting the diverse needs of the community:
 

  • Travel expenses: Cover your dream vacation, pilgrimage, or family trips with a personal loan for travel - explore new destinations without depleting your savings.
  • Wedding costs: Fund traditional Punjabi wedding celebrations with a personal loan for wedding - cover venue, catering, jewellery, and all ceremony expenses.
  • Education expenses: Pay for higher studies, professional courses, or children's education with a personal loan for education - invest in knowledge and skills.
  • Medical emergencies: Get immediate financial assistance for healthcare needs with a personal loan for medical emergency - ensure timely treatment without financial stress.
  • Home renovations: Upgrade your living space, install modern amenities, or expand your property with a personal loan for home expenses - create your ideal home environment.
  • Agricultural investments: Fund farm equipment, crop cultivation, or agricultural improvements to enhance productivity and income.
  • Business expansion: Support local business growth, inventory purchase, or equipment upgrades for existing enterprises.
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Eligibility criteria for personal loan in Ahmedgarh

To be eligible for a Bajaj Finserv Personal Loan in Ahmedgarh, you must meet the following criteria:

  • Eligibility criteria

    • Nationality: Indian
    • Age: 21 years to 80 years.
    • Employed with: Public, private, or MNC.
    • CIBIL Score: 685 or higher.
    • Customer profile: Self-employed or Salaried

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

  • Documents required for personal loan in Ahmedgarh

    For an even faster loan application process, it’s essential to have the necessary documents ready. Check the complete list of documents required for a personal loan below:
     

    • KYC documents: Aadhaar/ passport/ voter’s ID/ driving license/ Letter of National Population Register/ NREGA job card
    • PAN card
    • Employee ID card
    • Salary slips of the last 3 months
    • Bank account statements of the previous 3 months
    • Piped gas bill
    • Pension order
    • Letter of Allotment of Accommodation Issued by Employer
    • Property / Municipal tax receipt
    • Utility bill
    • Phone bill
    • Real-time image / photograph
    • Ration card

    Check your eligibility for personal loan using just mobile number and OTP – 100% online process. 

Interest rate on personal loan in Ahmedgarh

The interest rate on a personal loan in Ahmedgarh depends on factors such as credit score, loan amount, repayment tenure, and more. Learn more about the personal loan interest rate.

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How to apply for a personal loan in Ahmedgarh

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

    1. Click on ‘CHECK ELIGIBILITY’ on this page.
    2. Enter your 10-digit mobile number and the OTP sent to your phone.
    3. Check if you have an offer. If not, fill in the application form with your basic loan 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 offer or loan amount that you need. Choose from our personal loan variants.
    6. Choose the repayment tenure and click on ‘PROCEED’.
    7. Complete your KYC and submit your application.

    Our representative will contact you for further steps.

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Key offerings: 3 loan types

Personal loan interest rate and applicable charges

Type of fee

Applicable charges

Rate of Interest per annum

10% to 31% p.a.

Processing fees

Up to 3.93% of the loan amount (inclusive of applicable taxes).

Flexi Facility Charge

Term Loan – Not applicable

Flexi variant - A fee will be deducted upfront from the loan amount (as applicable below)

  • Up to Rs. 1,999/- for loan amount less than Rs. 2,00,000
  • Up to Rs. 3,999/- for loan amount from Rs. 2,00,000 to Rs. 3,99,999
  • Up to Rs. 5,999/- for loan amount from Rs. 4,00,000 to Rs. 5,99,999
  • Up to Rs. 7,999/- for loan amount from Rs. 6,00,000 to Rs. 9,99,999
  • Up to Rs. 8,999/- for loan amount from Rs. 10,00,000 to Rs. 14,99,999
  • Up to Rs. 9,999/- for loan amount from Rs. 15,00,000 to Rs. 19,99,999
  • Up to Rs. 10,999/- for loan amount from Rs. 20,00,000 to Rs. 24,99,999
  • Up to Rs. 11,999/- for loan amount from Rs. 25,00,000 to Rs. 29,99,999
  • Up to Rs. 12,999/- for loan amount of Rs. 30,00,000 and above

*All the Flexi facility charges above are inclusive of applicable taxes

*Loan amount includes approved loan amount, insurance premium, and VAS charges.

Principal Holiday Facility Fees
  • Up to Rs.1999/- for loan amount less than Rs.2,00,000
  • Up to Rs.3999/- for loan amount from Rs. 200000 to Rs.399999
  • Up to Rs.5999/- for loan amount from Rs. 400000 to Rs.599999
  • Up to Rs.7,999/- for loan amount from Rs. 600000 to Rs.999999
  • Up to Rs.8,999/- for loan amount from Rs.10,00,000 to Rs. 1499999
  • Up to Rs. 9999/- for loan amount from Rs. 15,00,000 to Rs.19,99999
  • Up to Rs.10,999/- for loan amount from RS. 20,00,000 to RS.2499999
  • Up to Rs.11,999/- for loan amount from RS.25,00,000 to RS. 29,99999
  • Up to Rs. 12,999/- for loan amount of Rs.30,00,000 and above

Above charges are inclusive of applicable taxes & will be deducted upfront from loan amount

*(Loan amount includes approved loan amount, Insurance Premium & VAS Charges)

Bounce charges

Up to Rs. 1,200 per bounce.
“Bounce charges” shall mean charges for (i) dishonour of any payment instrument; or (ii) non-payment of instalment (s) on their respective due dates due to dishonour of payment mandate or non-registration of the payment mandate or any other reason

Part-prepayment charges

Full Pre-payment:
Foreclosure can be processed post clearance of first EMIs.

  • Term Loan: Up to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount as on the date of full pre-payment.

  • Flexi Term Loan (Flexi Dropline): Up to 4.72% (Inclusive of applicable taxes) of the Dropline limit as per the repayment schedule as on the date of full prepayment.

  • Flexi Hybrid Term Loan: Up to 4.72% (Inclusive of applicable taxes) of the Dropline limit as per the repayment schedule as on the date of full prepayment.

Part-prepayment

  • Up to 4.72% (Inclusive of applicable taxes) of the principal amount of Loan prepaid on the date of such part Pre-Payment.

  • Not Applicable for Flexi Term Loan (Flexi Dropline) and Flexi Hybrid Term Loan.

Penal charge

Delay in payment of instalment(s) shall attract Penal Charge at the rate of up to 36% per annum per instalment from the respective due date until the date of receipt of the full instalment(s) amount.

Stamp duty (as per respective state)

Payable as per state laws and deducted upfront from loan amount.

Annual maintenance charges 

Term Loan: Not applicable

Flexi Term Loan (Flexi Dropline):

Up to 0.295% (Inclusive of applicable taxes) of the Dropline limit (as per the repayment schedule) on the date of levy of such charges

Flexi Hybrid Term Loan:

Up to 0.295% (Inclusive of applicable taxes) of the Dropline limit during Initial Tenure. Up to 0.295% (Inclusive of applicable taxes) of Dropline limit during Subsequent Tenure

Note: Additional cess if any, will be applicable to all charges according to state law.

*Terms and conditions apply.

Disclaimer

Bajaj Finance Limited has the sole and absolute discretion, without assigning any reason to accept or reject any application. Terms and conditions apply*.