Rs. 40000 - Rs. 55 lakh
You may be eligible for a pre-approved offer
Enter mobile and OTP | Check offer | No branch visit needed
Need quick funds in Bobbili? Whether you're planning something special or facing an unexpected expense, getting the right financial support shouldn't be complicated. With a personal loan, you can access up to Rs. 55 lakh swiftly and comfortably, all from your home without the usual banking hassles. You can also check if you already have a pre-approved offer in Bobbili. The process is 100% digital, with no need to visit a branch.
✅Check your pre-approved loan offer in Bobbili with phone number and OTP → Apply online in 5 minutes → Receive funds within 24 hours*.
Features and benefits of personal loan in Bobbili
A personal loan in Bobbili is designed to give you maximum convenience with minimum fuss. Whether you're funding a last-minute trip to Goa, covering wedding expenses, or handling urgent home repairs, this loan adapts to your specific needs and circumstances. Here's what makes it such a popular choice among Bobbili residents:
- High loan amount: Borrow up to Rs. 55 lakh, depending on your eligibility and income profile. This substantial amount means you can handle major expenses like home renovations, educational costs, or even starting a small business without needing multiple loans from different sources.
- Quick disbursal: Get funds in just 24 hours* after approval—perfect for urgent situations like medical emergencies or when you need to book travel at short notice. Unlike traditional banking processes that can take weeks, this speed ensures you can act when opportunities arise.
- No collateral needed: Enjoy complete access to funds without pledging any assets like property, gold, or vehicles. This means your valuable possessions remain safe, and you don't risk losing them if you face temporary financial difficulties. It's particularly beneficial for young professionals who might not own significant assets yet.
- Pre-approved offers
You can check if you have a pre-approved offer for a personal loan in Bobbili with just your phone number and OTP – no need to visit the branch. - Flexible tenure: Choose repayment periods from 12 months to 96 months based on your comfort and financial capacity. Longer tenures mean smaller monthly EMIs that fit easier into your budget, whilst shorter tenures help you save on total interest costs. You can pick what works best for your situation.
- 100% online process: Apply, get approved, and receive funds—all from your home. No need to take time off work, travel to distant bank branches, or stand in long queues. This digital approach is especially valuable for busy professionals and business owners in Bobbili who can't afford to spend entire days dealing with paperwork.
Eligibility criteria for personal loan in Bobbili
Before applying, make sure you meet the basic eligibility requirements. This helps speed up approval and ensures you qualify for the best offers.
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Eligibility criteria
- Nationality: Indian
- Age: 21 years to 80 years.
- Employed with: Public, private, or MNC.
- CIBIL Score: 650 or higher.
- Customer profile: Self-employed or Salaried
*You should be 80 years or younger, at the end of the loan tenure.
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Documents required for a personal loan in Bobbili
Applying for a personal loan in Bobbili requires only basic paperwork. Here’s a list of documents required for a personal loan:
- 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 Bobbili
Interest rates for personal loans in Bobbili vary based on income, employment, credit profile, and loan amount. The better your credit health, the better your rate. Learn more about personal loan interest rates before applying.
How to apply for personal loan in Bobbili
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Step-by-step guide to apply for a personal loan
- Click on ‘CHECK ELIGIBILITY’ on this page.
- Enter your 10-digit mobile number and the OTP sent to your phone.
- 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.
- Now, click on ‘PROCEED’ to visit the loan selection page.
- Enter the offer or loan amount that you need. Choose from our personal loan variants.
- Choose the repayment tenure and click on ‘PROCEED’.
- Complete your KYC and submit your application.
Our representative will contact you for further steps.
Uses of personal loan in Bobbili
From dream getaways to life’s unexpected turns, a personal loan in Bobbili gives you the freedom to fund what matters—without draining your savings. Here’s how locals are putting their loans to smart use:
- Travel – Book flights, hotels, and experiences with ease using a personal loan for travel.
- Weddings – Cover venue, outfits, décor, and more with a personal loan for wedding.
- Education – Pay for college fees, online courses, or overseas study with a personal loan for education.
- Medical emergencies – Get instant help during emergencies through a personal loan for medical emergency.
- Home improvements – Renovate your space, buy furniture, or manage rent with a personal loan for home expenses.
Pro tip: Travel now and repay later in easy EMIs. Use our EMI Calculator to budget smartly and stay in control.
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 Loans – Up to Rs 1,999 to Rs 12,999/- (Inclusive of applicable taxes) Will be deducted upfront from loan amount. |
Bounce charges |
Rs. 700 to Rs. 1,200/- per bounce “Bounce charges” shall mean charges for (i) Dishonor of any payment instrument; or (ii) Non-payment of instalment (s) on their respective due dates due to dishonor of payment mandate or non-registration of the payment mandate or any other reason. |
Part-prepayment charges |
Full Pre-payment: • Term Loan: Up to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount as on the date of full pre-payment. • Not Applicable for Flexi Term (Dropline) Loan 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 (Dropline) Loan: 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 |
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Disclaimer
Bajaj Finance Limited has the sole and absolute discretion, without assigning any reason to accept or reject any application. Terms and conditions apply*.
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