Rs. 40000 - Rs. 55 lakh
You may be eligible for a pre-approved offer
Enter mobile and OTP | Check offer | No branch visit needed
Burhanpur, a city steeped in history and culture, is rapidly advancing in terms of infrastructure and economic opportunities. Whether you are looking to finance a medical emergency, fund your child’s education, or even plan a dream wedding, a personal loan can be a practical solution to meet your financial needs.
✅ Check your pre-approved loan offer in Burhanpur with phone number and OTP → Apply online in 5 minutes → Receive funds within 24 hours*.
Bajaj Finance offers personal loans in Burhanpur with attractive interest rates starting at 10% p.a.*. With loan amounts of up to Rs. 55 lakh, flexible repayment options, and a hassle-free application process, residents of Burhanpur can now access funds quickly and conveniently.
Features and benefits of personal loan in Burhanpur
Bajaj Finserv Personal Loans come packed with features designed to meet a variety of financial needs efficiently. Here’s why it stands out:
- Large loan amount: Borrow up to Rs. 55 lakh to fund expenses like weddings, education, or travel.
- Quick disbursal: Get funds in your account within 24 hours* of approval.
- 100% online application: Complete the entire process digitally without visiting any branch.
- Flexible tenure: Choose repayment period of up to 96 months as per your convenience.
- No collateral needed: No need to pledge assets or property, making the process smooth and quick.
- Flexi loan facility: Make multiple withdrawals from a dropline limit and pay interest only on the withdrawn funds, with our Flexi loans.
Pro-tip: If you're planning to travel, using a personal loan lets you book your flights and accommodations immediately. You can enjoy your trip without worrying about financial stress, and with flexible EMIs, paying it back will be much easier on your pocket.
Eligibility criteria for personal loan in Burhanpur
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Eligibility criteria
Even if you don’t have a pre-approved offer, you can still apply as long as you meet these basic 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 Burhanpur
Applying for a personal loan in Burhanpur is simple and requires minimal paperwork. To ensure a smooth application process and avoid any delays, refer to the detailed checklist of the 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 Burhanpur
Interest rates for personal loans in Burhanpur vary based on income, employment, credit profile, and loan amount. The better your credit health, the better your rate.
Pro tip: You can learn more about the personal loan interest rate to calculate your monthly EMI and choose the best plan for your financial needs.
How to apply for a personal loan in Burhanpur
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Applying for a personal loan in Burhanpur is simple and quick:
- 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 Burhanpur
An instant personal loan can be used for a wide range of financial needs, making it a truly versatile solution:
- Travel – Dreaming of an international vacation? Get a personal loan for travel and book your trip today. You can pay back the amount in convenient EMIs.
- Weddings – Planning a wedding? A personal loan for wedding can help with expenses, big or small.
- Education – Fund your higher education with a personal loan for education.
- Medical emergencies – If you're facing a medical emergency, a personal loan can provide quick access to funds, allowing you to get the care you need without delay. Check personal loan for medical expenses.
- Home improvements – Need funds for a home renovation? Use a personal loan for home expenses and transform your space now.
Pro-tip: A personal loan is an excellent way to cover wedding or travel expenses without straining your savings. The manageable EMI options give you the flexibility to repay over time, keeping your budget intact.
Key offerings: 3 loan types
Personal loan interest rate and applicable charges
Type of fee |
Applicable charges |
Rate of interest per annum |
10% to 30% 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 Up To Rs 18,999/- (Inclusive Of Applicable Taxes) |
Bounce charges |
Rs. 700 to Rs. 1,200/- per bounce “Bounce Charges” shall mean charges levied on each instance in the event of: (i) dishonour of any payment instrument irrespective of whether the customer subsequently makes the payment through an alternate mode or channel on the same day; and/or (ii) non-payment of instalment(s) on their respective due dates where any payment instrument is not registered/furnished; and/or (iii) rejection or failure of mandate registration by the customer’s bank. |
Part-prepayment charges |
Full Pre-payment: |
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.
Up to 0.472% (Inclusive Of Applicable Taxes) Of The Dropline Limit During Initial Tenure. Up to 0.472% (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*.
For customer support, call Personal Loan IVR: 7757 000 000
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