Personal loan in Chakia

Personal loan in Chakia

Check your eligibility for personal loan in Chakia 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

Chakia, a small yet vibrant town, represents the aspirations and financial needs of India's growing smaller urban centres. Home to hardworking individuals with diverse personal and professional requirements, the town embodies the entrepreneurial spirit and family values that drive financial planning and goal achievement.


Whether you need funds for exploring new travel destinations, managing wedding expenses, pursuing education, handling medical emergencies, or undertaking home renovations, a personal loan in Chakia can provide quick and completely hassle-free financial support tailored to your specific needs. You can also check if you already have a pre-approved offer in Chakia. The process is 100% digital, with no need to visit a branch.


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


With easy eligibility criteria, flexible repayment options, and competitive interest rates, personal loans are an ideal solution for managing your urgent financial requirements efficiently and affordably.

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Features and benefits of personal loan in Chakia

A personal loan in Chakia comes with many advantages, including:

  • No collateral required: Completely unsecured loan - no need to pledge any security, property, or valuable assets to access funds.
  • Instant approval: Get quick approval with a simple, streamlined application process - perfect for urgent financial needs.
  • Extended repayment tenure: Choose a flexible tenure of up to 96 months, allowing for manageable EMIs that fit your budget.
  • Competitive interest rates: Affordable rates based on your credit profile - better scores mean better rates and lower EMIs.
  • Pre-approved offers - You can check if you have a pre-approved offer for a personal loan in Chakia. All it takes is just your phone number and OTP.
  • Multi-purpose usage: Freedom to use funds for travel, education, home renovation, business needs, or any legitimate personal requirement.
  • Minimal documentation: Submit only basic documents for hassle-free processing - no complex paperwork or lengthy procedures.

Why this matters for Chakia residents: Small town life often involves close-knit community celebrations, family obligations, and seasonal income patterns. Our flexible loan features accommodate these unique lifestyle and financial needs perfectly.



Uses of personal loan in Chakia

A personal loan in Chakia offers complete flexibility and can be used for multiple purposes that reflect small town aspirations and needs:
 

  • Travel and exploration: Fund your domestic or international trips, family vacations, pilgrimage journeys, or adventure activities - create memories without financial constraints.
  • Wedding celebrations: Cover comprehensive wedding expenses including venue, catering, photography, jewellery, and traditional ceremonies - celebrate without compromising your vision.
  • Education advancement: Pay tuition fees, accommodation costs, books, and other academic expenses for yourself or family members - invest in knowledge and skills.
  • Medical emergencies: Get immediate funds for urgent healthcare needs, treatments, surgeries, or hospital expenses - prioritise health without financial stress.
  • Home improvements: Renovate, repair, modernise, or expand your home - create comfortable living spaces that reflect your aspirations.
  • Business opportunities: Fund small business ventures, equipment purchases, inventory, or working capital needs to grow your local enterprise.
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Eligibility criteria and documents for personal loan in Chakia

You can easily get the funds you need with the below criteria:

  • 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.

  • Documents required for personal loan in Chakia

    • 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 Chakia

Interest rates for a personal loan in Chakia depend on various factors such as income, credit score, and loan amount. Learn more about the personal loan interest rate.

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How to apply for personal loan in Chakia

  • 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 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.
Flexi Term (Dropline) 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.
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 (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

Disclaimer

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