Bajaj Finserv in your city
Faridabad is the largest city of Haryana and is a part of Delhi NCR. This city is famous for henna production. It is also a large-scale manufacturer of motorcycles, tractors, switch gears, shoes, and tyres.
Apply online for a personal loan in Faridabad and manage finances better. Meet the eligibility criteria and submit the documents to get instant approval. Explore its unique features.
Features of personal loan in Faridabad
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Fastest approval
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Manage account online
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Money in 24 hours*
We offer the fastest personal loan in India. Get the money in the account within 24 hours*.
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High sum up to Rs. 40 lakh
Avail of up to Rs. 40 lakh against simple eligibility criteria. Use the personal loan EMI calculator for better planning.
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Flexi facility
Pay lower EMIs up to 45%* with our Flexi interest-only loan. Borrow and prepay as and when convenient.
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Pre-approved offers
Faridabad is a fast-growing city in Haryana. This city is located near Delhi and makes a part of the National Capital Region (NCR). Hence, this place is developing gradually. Vehicle manufacturing and electronics are some of the major sources of income.
If you are looking for the best means to obtain funds in Faridabad, consider Bajaj Finserv Personal Loan. This collateral-free loan helps in addressing any financial requirement with ease. Finance higher education, wedding, home renovation, and debt consolidation, among others, using a personal loan from us. Apply online to know the benefits of this loan.
*Conditions apply
Eligibility criteria
Click here to know the pointers to qualify for a personal loan from Bajaj Finserv. Use a personal loan eligibility calculator to check the loan amount you’re eligible for.
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Nationality
Indian resident
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Employment
Must be a salaried employee at a reputed MNC or a private/public limited company
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Credit score
Above 685
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Age
Between 21 years to 80 years*
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Income
Refer to our city list for minimum salary requirements
Exceed or fulfil all eligibility criteria to get the best deals and a higher loan value.
Interest rates and charges
Bajaj Finserv offers personal loans at attractive interest rates and affordable charges. It makes the loan EMIs cost-effective.
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)
*All the Flexi charges above are inclusive of applicable taxes *Loan amount includes approved loan amount, insurance premium, and VAS charges. |
Bounce charges |
In case of default of repayment instrument, Rs. 700 - Rs. 1,200 per bounce will be levied. |
Pre-payment charges | Full Prepayment
Part-prepayment
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Penal Interest |
Any delay in payment of monthly instalment shall attract penal interest at the rate of 3.50% per month on the monthly instalment outstanding, from the respective due date until the date of receipt of the monthly instalment. |
Stamp duty |
Payable as per state laws and deducted upfront from loan amount. |
Mandate registration charges | Re. 1 (inclusive of applicable taxes) applicable in case of UPI mandate registration. |
Mandate rejection charges |
Rs. 450 per month from the first month of the due date for the mandate rejected by customer’s bank until the registration of new mandate. |
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-EMI Interest | Broken period interest/ Pre-EMI interest shall mean the amount of interest on Loan for the number of day(s) which is(are) charged in two scenarios: Scenario 1 – More than 30 days from the date of loan disbursal till the first EMI is charged: In this scenario, broken period interest is recovered by the following methods:
Scenario 2 – Less than 30 days from the date of loan disbursal till the first EMI is charged: In this scenario, the interest rate is charged only for the actual number of days since the loan was disbursed. |
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. |
*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%, 35%, and 34.45% per annum respectively. Part pre-payment and Foreclosure charges are NIL.