Personal Loan in Edappadi

Personal Loan in Edappadi

Check your eligibility for personal loan in Edappadi 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

Need quick funds to handle big or unexpected expenses in Edappadi? Whether you’re planning a wedding, funding your child’s education, or facing an urgent medical situation, a personal loan can help you manage it all without financial stress. With Bajaj Finance, applying for a personal loan is quick, simple, and completely digital. You can check your eligibility, upload documents, and get funds straight into your bank account – all from the comfort of your home.


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


Know more about our personal loan and its features.

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Features and benefits of personal loan in Edappadi

A personal loan in Edappadi is more than just a source of funds — it’s a smart way to handle your financial needs without delays or complications. Here’s what makes it a reliable option:

  • No collateral required – You don’t need to risk your gold, property, or savings to get financial help. This loan is unsecured, meaning you can borrow funds without providing any assets.
  • Instant approval – Why wait in queues or fill out long forms? Apply online with just a few details and get loan approval in as little as 5 minutes*.
  • Flexible repayment tenure – Choose a repayment plan that fits your monthly budget. You can repay your loan over a period of up to 96 months.
  • Competitive interest rates – Don’t let high EMIs hold you back. Enjoy affordable rates based on your credit profile, so your repayments stay light and manageable.
  • Pre-approved offers: You can check if you have a pre-approved offer for a personal loan in Edappadi with just your phone number and OTP – no need to visit the branch.
  • Multi-purpose usage – Whether you’re planning a trip, paying school fees, hosting a wedding, or fixing up your home – this loan has you covered. Use the funds your way.
  • Minimal documentation – Forget long checklists and endless paperwork. Just submit a few basic documents and your application is good to go — quick, smooth, and stress-free.

Uses of personal loan in Edappadi

A personal loan in Edappadi gives you the freedom to manage various expenses without any financial stress. Here’s how you can use it:
 

  • Travel – Always dreamed of that perfect vacation? With a personal loan for travel, you can book your flights, accommodation, and explore exciting destinations without stressing over upfront costs.
  • Weddings – Weddings come with plenty of expenses, but with a personal loan for wedding, you can cover everything from the venue to the jewellery, so you can focus on enjoying your big day.
  • Education – Want to study further or upskill? A personal loan for education can help you pay for tuition fees, books, and even hostel costs, so you can focus on your future without worrying about the finances.
  • Medical emergencies – Health issues can arise at any time, and a personal loan for medical emergency ensures you’ve got funds ready when you need them most, without any delays.
  • Home improvements – Whether it's renovating your living space or adding new furniture, a personal loan for home expenses helps you turn your house into the home you've always wanted.
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Eligibility criteria and documents for personal loan in Edappadi

You can easily get the funds you need in Madurai 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 Edappadi

    Here is a list of documents required for a personal loan that you can keep handy when applying:
     

    • 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 Edappadi

Interest rates for a personal loan in Edappadi vary based on factors like your income, credit score, and the loan amount you need.Learn more about the personal loan interest rate.

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How to apply for personal loan in Edappadi

  • 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

Conclusion

Whether you're planning that long-awaited vacation, facing a medical emergency, or just need some extra funds for personal reasons, a personal loan in Edappadi can be a lifesaver. It's an easy, collateral-free way to handle your expenses without disrupting your financial peace. With low interest rates and quick disbursals, personal loans are giving people in Edappadi the power to manage their money on their own terms.

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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 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)

Will be deducted upfront from loan amount.

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:

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-
• 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 0.472% (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

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