FAQs
Rs. 40,000 - Rs. 55 lakh
You may be eligible for a pre-approved offer in Karur
Enter mobile and OTP | Check offer | No branch visit needed
Bajaj Finance in your city
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Whether you’re a textile manufacturer in Karur city, a salaried employee near Thanthoni, or a shopkeeper in Jawahar Bazaar, a Bajaj Finance Personal Loan in Karur helps you manage your personal finances with ease and speed. With high loan limits, flexible repayment, and 100% digital processing, Bajaj Finance makes borrowing in Karur simpler than ever.
✅ Check your offer with phone number and OTP – Get funds in 24 hours* without any branch visit.
A bustling industrial and textile hub in Tamil Nadu, Karur is known for its thriving home textiles sector and export-driven economy. The city is also expanding in banking, education, and retail. Whether you are a salaried professional, self-employed trader, or small business owner, a personal loan in Karur is a reliable financial solution to meet life’s important expenses without tapping into savings.
Features and benefits of personal loan in Karur
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100% transparency
With simple terms and conditions and complete transparency, Bajaj Finance ensures zero hidden charges.
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Collateral-free financing
Meet only minimum eligibility requirements to avail of the collateral-free personal loan in Karur.
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Flexi loan facility
The Flexi loan facility allows multiple withdrawals from a dropline limit. Interest needs to be paid only on the withdrawn funds.
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Pre-approved offers
You can check if you have a pre-approved offer for a personal loan in Karur with just your phone number and OTP – no need to visit the branch.
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24x7 access to the customer portal
Track your loan details like upcoming EMIs, interest payable, etc., with 24x7 access to the customer portal - My Account.
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Minimum documents required
Provide only a few essential personal and financial documents to a visiting Bajaj Finance representative and complete paperwork.
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Quick approval
Fill up the online application form with correct details to receive approval of your personal loan within minutes.
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Tenure flexibility
Choose your suitable tenure of up to 108 months with our Personal Loan EMI calculator.
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High-value financing of up to Rs. 55 lakh
Meet diverse financing needs conveniently with a high-value personal loan of up to Rs. 55 lakh in Karur.
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Receive money within 24 hours*
With Bajaj Finance's streamlined loan processing, the approved amount gets transferred to your account within the next 24 hours*.
Karur is one of the oldest settlements in Tamil Nadu. It has a rich historical and cultural significance of South India. Its economy depends predominantly on an agricultural industry-based with cotton, rice and oilseeds as its significant crops. Karur’s 17% workforce is also engaged in its textile industry, with the rest of approximately 80% workforce employed in tertiary sectors like transportation, banking, fossil fuel processing, etc.
With a personal loan from Bajaj Finance, one of the leading private financiers in Karur, financing big-ticket expenses is more convenient than ever. Check affordability with the help of the personal loan EMI calculator and apply for a loan. Pay only nominal personal loan interest rates and charges on your personal loan.
*Conditions apply
Eligibility criteria and documents for personal loan in Karur
You can easily get the funds you need in Karur with the below criteria:
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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.
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Documents required
- 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
- Real-time image / photograph
- Ration card
Check your eligibility for personal loan using just mobile number and OTP – 100% online process.
How to apply for personal loan in Karur
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Step-by-step guide to apply for a personal loan
- 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 three personal loan variants –Term, Flexi Term, and Flexi Hybrid Term.
- Choose the repayment tenure and click on ‘PROCEED’.
- Complete your KYC and submit your application.
Our representative will contact you for further steps.
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 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:
Part Pre-payment
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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 0.295% (Inclusive Of Applicable Taxes) Of Dropline Limit During Subsequent Tenure |
| Credit guarantee scheme fee | Up to 1.18% p.a. (pro-rated daily till 31st March) (inclusive of all applicable taxes) of the loan amount |
| Credit guarantee scheme renewal fee | Up to 1.18% p.a. (inclusive of all applicable taxes) on the outstanding loan amount as on April 01 of the subsequent Financial Year. *Renewal Fee to be collected only for 3 subsequent financial years. **If the Remaining Tenure is less than 12 months, the CG Fee in subsequent years shall be charged prorated. |
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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