Personal Loan in Khammam

Personal Loan in Khammam

Check your eligibility for personal loan in Khammam with your phone and OTP - no branch visit needed.

Loan Types

FAQs

₹40,000 -₹Rs. 55 lakh

You may be eligible for a pre-approved offer in Khammam

Check now

Enter mobile and OTP | Quick online approval | Get money in a day*

Bajaj Finserv in your city

  • Need quick funds for your child’s education, home renovation, or a wedding celebration in Khammam? A Bajaj Finserv Personal Loan in Khammam gives you access to funds up to Rs. 55 lakh — no collateral, no paperwork, and no delays.

    You can also check if you already have a pre-approved offer in Khammam. The entire process is online, no branch visit required:
    Check your personal loan offer in Khammam with phone number and OTP → Apply online in 5 minutes → Receive funds within a day*

    Whether you live in Wyra, NSP Camp, or Yellandu Road, you can manage planned or urgent expenses easily with this 100% digital loan solution

Khammam is a prominent city in Telangana, known for its agricultural trade, local industries, and spiritual landmarks like Khammam Fort and Lakaram Lake. As the city grows in healthcare, education, and real estate, residents are also expanding their financial aspirations.

Whether you are salaried or self-employed, a Bajaj Finserv Personal Loan in Khammam gives you the freedom to fulfil your goals — without paperwork or lengthy processes.

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Features and benefits of a personal loan in Khammam

  • Pre-approved offers

    You can check if you have a pre-approved offer for a personal loan in Pune with just your phone number and OTP.

  • Instant online approval

    Apply for a personal loan online and get instant approval on your loan

  • Loan of up to Rs. 55 lakh

    Finance any high expenses with funds of up to Rs. 55 lakh with simple eligibility criteria and less paperwork.

  • Online loan management

    Access the personal loan account 24/7 with our customer portal and check payment details online.

  • Collateral-free funds

    Bajaj Finserv Personal Loan is unsecured credit and does not require a security or mortgage.

  • Minimal documentation

    Opt for a personal loan with lesser paperwork and make the loan approval quicker.

  • Money in the account within 24 hours*

    Get the money in the bank account within 24 hours* of approval. Apply online for faster processing.

  • Suitable tenor

    Choose a tenor ranging from 12 months to 108 months and repay the loan conveniently without financial burden.

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Eligibility criteria and documents for personal loan in Khammam

You can easily get the funds you need in Khammam 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

    • 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.

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How to apply for personal loan in Khammam

  • 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 three personal loan variants –Term, Flexi Term, and Flexi Hybrid Term.
    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

  • Flexi Hybrid Term Loan
  • Flexi Term (Dropline) Loan
  • Term Loan

  • Withdraw and prepay – no extra charges
    You can withdraw from your limit and prepay as many times as you want, without extra charges.

  • Instalment pattern
    You can pay interest-only EMIs for up to 36 months, after which, the EMI will consist of both, the principal and the interest. EMI is applicable only on the withdrawn amount.

  • Flexi facility charges
    Flexi facility charges applicable based on your loan amount.

  • Withdraw and prepay – no extra charges
    You can withdraw from your limit and prepay as many times as you want, without extra charges.

  • Instalment pattern
    Fixed EMIs that cover both the principal and interest on the loan amount you withdraw.

  • Flexi facility charges
    Flexi facility charges applicable based on your loan amount.

  • Amount disbursed in one go
    The entire loan amount is disbursed at the start.

  • Instalment pattern
    Fixed EMIs that cover both the principal and interest.

  • Flexi facility charges
    No Flexi facility charges.

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 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) on the outstanding loan amount, as on the date of full prepayment.

  • Flexi Hybrid Term Loan: Up to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount, as on the date of full prepayment.

Part Pre-payment

  • 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 0.472% (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 feeUp to 1.18% p.a. (pro-rated daily till 31st March) (inclusive of all applicable taxes) of the loan amount
Credit guarantee scheme renewal feeUp 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