Bajaj Finserv in Bangalore

Officially known as Bengaluru, Bangalore is Karnataka's largest city and its capital. It is known as the Silicon Valley of India for being the foremost hub of information technology in the country.

Residents of Bangalore can get funds from Bajaj Finance Limited who are the personal loan providers in Bangalore, to cater to their diverse financial needs. Apply online or walk into any of our six branches in the city to get the funds you need.

Features and benefits of instant personal loan in Bangalore

  • Zero hidden rates

    Zero hidden rates

    Read our terms and conditions and be assured of 100% transparency.

  • Flexi loans

    Flexi loans

    With the Flexi loan facility, manage your repayment with ease and reduce EMIs by up to 45%*.

  • Instant approval

    Instant approval

    No need to worry about accessing funds during emergencies.Receive instant loan approval on your application online.

  • Manage account online

    Manage account online

    View loan details, get essential documents, make payments and more online. Simply log in to our customer portal - My Account.

  • High loan value

    High loan value

    Once eligible, you can apply for collateral-free loans of up to Rs. 40 lakh.

  • Minimal documents

    Minimal documents

    Submit just a few essential documents and meet all personal loan eligibility criteria to avail of the funds you need.

  • Money in bank in 24 hours*

    Money in bank in 24 hours*

    Get your personal loan in your account within 24 hours* only.

Among the important Indian metropolitan cities, Bangalore houses the headquarters of various Indian technological organisations. The city is also known for its academic opportunities as it has several renowned educational and research institutes. The IT sector is the city's economic driver and employs around 1.5 million people. The FMCG market is the next biggest contributor.

A personal loan in Bangalore can come to the aid of those with an urgent financial need or with high-value planned expenses. With lenders like Bajaj Finserv, be assured of maximum facilities and a 100% transparent policy. No hidden rates are levied on the unsecured loan, ensuring its affordability. If you are an existing customer, you can also look for pre-approved offers and simplify the loan application process.

*Conditions apply

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Eligibility criteria

Fulfil the easy-to-match personal loan eligibility criteria. It quickens the loan approval process.

  • Nationality


    Indian, resident of India

  • Employment


    Must be a salaried employee at a reputed MNC or a private/ public limited company

  • Credit score

    Credit score

    Above 685

  • Age


    Between 21 years to 80 years*

  • Income


    Minimum salary requirement is Rs. 35,000 per month. Refer to our eligibility page for other details

Find out the few documents you need to submit and keep them ready for quick processing. Any incorrect or invalid document can lead to rejection of the loan application. Learn more by downloading and logging into our app.

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Minimum salary required to avail of personal loans in Bangalore

If you are looking for a personal loan in Bangalore, the Bajaj Finance Personal Loan is a great option. The minimum salary required to get our personal loan is Rs. 25,001. With features such as instant approval and quick disbursal, this credit option is ideal to manage your urgent financial requirements.

Interest rates and charges for instant loans in Bangalore

Our reasonable and low personal loan interest rates reduce your total loan cost. Read on to know the fees and charges applicable before you apply for a personal loan from Bajaj Finance Limited in Bangalore.

Personal loan interest rates and applicable charges

Type of fee

Applicable charges

Rate of interest

11% to 35% p.a.

Processing fees

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

Flexi Fee

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 charges above are inclusive of applicable taxes

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

Bounce charges

Rs. 700 - Rs. 1,200 per bounce.
“Bounce charges” shall mean charges for 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

Pre-payment charges

Full Prepayment

  • Term Loan: Up to 4.72% (inclusive of applicable taxes) on the outstanding loan amount as on the date of full prepayment.
  • Flexi Term Loan (Flexi Dropline): Up to 4.72% (inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule as on the date of full prepayment.
  • Flexi Hybrid Loan: Up to 4.72% (inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule as of the date of full prepayment.


  • Term Loan: Up to 4.72% (inclusive of applicable taxes) of the principal amount of the loan prepaid on the date of such part-prepayment.
  • Not Applicable for Flexi Term Loan (Flexi Dropline) and Flexi Hybrid.

*Foreclosure will be processed post clearance of first EMI

Penal charge

Delay in payment of instalment(s) shall attract a penal charge of up to Rs. 12 per day 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.

Instalment default charge 

Rs. 450/- per month from the first instalment due date for mandates rejected by customers bank until the new mandate is registered.

Annual maintenance charges

Term Loan: Not applicable

Flexi Term Loan (Flexi Dropline): Up to 0.295% (inclusive of applicable taxes) of the total withdrawable amount (as per the repayment schedule) on the date of levy of such charges.

Flexi Hybrid Loan: Up to 0.295% (inclusive of applicable taxes) of the total withdrawable amount during the initial tenure. Up to 0.295% (inclusive of applicable taxes) of total withdrawable amount during subsequent tenure.

Broken period interest / Pre-monthly Instalment interest

"Broken Period Interest/Pre-monthly Instalment interest" shall mean the amount of interest on Loan for the number of day(s) which is(are) charged in two scenarios:

Scenario 1 - Over and above the period of 30 days from the date of disbursement of the Loan:

Method of recovery of Broken Period Interest/Pre-monthly Instalment interest:

  • For Term Loan: Deduct from disbursement or added in first EMI, as applicable.
  • For Flexi Term Loan: Added to first instalment amount
  • For Hybrid Flexi Loan: Added to first instalment amount

Scenario 2: Less than period of 30 days from the date of disbursement of the Loan:

Interest on first instalment will be charged for actual number of days.

Switch fee Up to 1.18% of the loan amount (inclusive of applicable taxes).
Switch fee is applicable only in case of switch of loan. In switch cases, processing fees will not be applicable.
Cash collection handling charges Rs. 177 (inclusive of applicable taxes) will be charged if customer opts to make payment in cash when the collection is done by the collection agents. This fee is charged only once per month, regardless of the number of payments made against multiple LANs.
Cash deposit charges Customers will incur a cash deposition charge of Rs. 50 (inclusive of applicable taxes) when making cash payments at our branch offices.
PG facility charges Rs. 11 (inclusive of applicable taxes) will be charged for utilizing the payment gateway to make part or full payments towards the loan through digital properties.

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

*Terms and conditions apply.

For Micro Finance Loans, please note below:
Purchase of any non-credit product by the microfinance borrowers is purely on a voluntary basis. Minimum interest, maximum interest, and average interest are 13%, 38%, and 36.79% per annum respectively. Part pre-payment and Foreclosure charges are NIL.

Frequently Asked Questions

How to get a personal loan immediately in Bangalore?

You can get an unsecured loan in Bangalore by researching lenders, meeting the eligibility criteria set by the lender, and gathering all the paperwork required. Follow these simple steps to apply for a Bajaj Finance Personal Loan:

  • Visit the personal loan page and click on ‘APPLY’
  • Enter your mobile number and OTP.
  • Fill in the application form with your basic details and click on’ PROCEED’
  • Enter the loan amount and tenure you need. Choose from our three unique variants- Term, Flexi Term, and Flexi Hybrid.
  • Complete your KYC and submit your application.
What is the minimum salary for a personal loan in Bangalore from Bajaj Finance Limited?

A Bajaj Finance Personal Loan requires a minimum salary of Rs. 25,001. However, it may differ depending on where you live.

What requirements must one meet to be eligible for a personal loan in Bangalore?

The eligibility criteria for personal loans in Bangalore vary from one lender to another, with each institution setting its own specific requirements. Bajaj Finance Personal Loans are available to anyone who meets the basic criteria listed below:

  • Nationality: Indian
  • 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 would happen if I didn't repay my personal loan from Bangalore on time?

Failure to repay an unsecured personal loan in Bangalore on time can have serious implications. In case of default of repayment instrument, Rs. 700 and Rs. 1,200 per bounce will be levied.

What credit score must I have in Bangalore in order to qualify for a personal loan?

The most suitable credit score for obtaining personal loans in Bangalore varies per lender. To qualify for a Bajaj Finance Personal Loan, you must have a CIBIL score of 685 or more.

Does the amount of a personal loan depend on salary?

The amount of personal loan you can get depends upon several factors including your salary, such as your credit score, repayment history, credit history, and so on.

Can I get a Rs. 3 lakh loan without a salary slip in Bangalore?

You need to submit income-proof to get our personal loan. Select customers with a pre-approved offer may not have to submit any documents.

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