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Bajaj Finserv in your state

Gujarat is one of the most developed and industrialised states situated on the western coast of India. This state contributes significantly to the overall growth of the country.

The residents of Gujarat can now opt for a personal loan from Bajaj Finserv for additional funds. Visit our nearest branch in your city or apply online for instant funds.

Features of personal loan in Gujarat

  • Money in the account within 24 hours*

    Money in the account within 24 hours*

    Apply for an online personal loan and get the amount credited in the account within 24 hours* of approval.

  • Collateral-free loan

    Collateral-free loan

    Bajaj Finserv Personal Loan is unsecured credit, and you do not need to keep any security.

  • Pre-approved offers

    Pre-approved offers

    Avail of a pre-approved personal loan and speed up the loan processing. Check personal loan eligibility criteria beforehand.

  • Instant approval

    Instant approval

    Meet the simple eligibility and basic documentation for fast approval on loan.
  • Flexibility in repayment

    Flexibility in repayment

    Choose a tenor from 6 months to 96 months and use a personal loan EMI calculator for better estimation.

  • Funds up to Rs. 40 lakh

    Funds up to Rs. 40 lakh

    With proper eligibility, opt for a personal loan of up to Rs. 40 lakh with easy repayment options.

  • Complete transparency

    Complete transparency

    Qualify for a 100% transparent personal loan from us with borrower-friendly terms and conditions.
  • Minimal documentation

    Minimal documentation

    You only have to submit a few necessary documents to be eligible for a personal loan from Bajaj Finserv.
  • Manage loan online

    Manage loan online

    Monitor your loan details easily with our online account management facility 24/7.

  • Flexi loan facility

    Flexi loan facility

    Pay reduced EMIs up to 45%* with our Flexi loan facility. Ensure interest payment only on the fund withdrawn.

Gujarat is one of the fastest-growing states of Western India. This place is of great historical and cultural importance. Besides, the industries also developed rapidly in this state. The cities like Surat, Ahmedabad, Gandhinagar, etc., are some of the most urbanised regions of this state.

Individuals looking for financial support in Gujarat can now opt for a personal loan from Bajaj Finserv. Apply for instant personal finance and use it for any expenses. Use a store locator to reach the nearest branch.

Alternatively, apply online today for instant approval for a Bajaj Finserv Personal Loan.

*Conditions apply

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Eligibility criteria

Get funds up to Rs. 40 lakh by fulfilling the eligibility criteria mentioned below.

  • Nationality

    Nationality

    Indian, resident of India

  • Employment

    Employment

    Must be a salaried employee at a reputed MNC or a private/ public limited company

  • Credit score

    Credit score

    Above 685

  • Age

    Age

    Between 21 years to 80 years*. 80 years* or younger, at the end of the loan tenure.

  • Income

    Income

    Refer to our city list for minimum salary requirements

Fulfil these parameters mentioned above and get the most of the funds possible. Submit the online form alongside for instant approval.

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Interest rate and charges

A personal loan from Bajaj Finserv is easy to avail of due to flexible repayment options. Check the interest rates and related charges now for better management of finances.

Personal loan interest rates and applicable charges

Type of fee

Applicable charges

Rate of interest

11% to 38% 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)

  • Up to Rs. 1,999/- for loan amount less than Rs. 2,00,000
  • Up to Rs. 3,999/- for loan amount from Rs. 2,00,000 to Rs. 3,99,999
  • Up to Rs. 5,999/- for loan amount from Rs. 4,00,000 to Rs. 5,99,999
  • Up to Rs. 7,999/- for loan amount from Rs. 6,00,000 to Rs. 9,99,999
  • Up to Rs. 8,999/- for loan amount from Rs. 10,00,000 to Rs. 14,99,999
  • Up to Rs. 9,999/- for loan amount from Rs. 15,00,000 to Rs. 19,99,999
  • Up to Rs. 10,999/- for loan amount from Rs. 20,00,000 to Rs. 24,99,999
  • Up to Rs. 11,999/- for loan amount from Rs. 25,00,000 to Rs. 29,99,999
  • Up to Rs. 12,999/- for loan amount of Rs. 30,00,000 and above

*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

  • Term Loan: Up to 4.72% (inclusive of applicable taxes) on the outstanding loan amount as on the date of full prepayment.
  • Flexi Term Loan (Flexi Dropline): Up to 4.72% (inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule as on the date of full prepayment.
  • Flexi Hybrid Loan: Up to 4.72% (inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule as of the date of full prepayment.

Part-prepayment

  • Term Loan: Up to 4.72% (inclusive of applicable taxes) of the principal amount of the loan prepaid on the date of such part-prepayment.
  • Not Applicable for Flexi Term Loan (Flexi Dropline) and Flexi Hybrid.

*Foreclosure will be processed post clearance of first EMI

Penal charge

Delay in payment of instalment(s) shall attract a penal charge of up to Rs. 12 per day 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.

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-monthly Instalment interest

"Broken Period Interest/Pre-monthly Instalment interest" shall mean the amount of interest on Loan for the number of day(s) which is(are) charged in two scenarios:

Scenario 1 - Over and above the period of 30 days from the date of disbursement of the Loan:

Method of recovery of Broken Period Interest/Pre-monthly Instalment interest:

  • For Term Loan: Deduct from disbursement or added in first EMI, as applicable.
  • For Flexi Term Loan: Added to first instalment amount
  • For Hybrid Flexi Loan: Added to first instalment amount

Scenario 2: Less than period of 30 days from the date of disbursement of the Loan:

Interest on first instalment will be charged for actual number of days.
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.

Note: Additional cess if any, will be applicable to all charges according to state law.

*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%, 38%, and 35.71% per annum respectively. Part pre-payment and Foreclosure charges are NIL.

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