When should I take a personal loan of Rs. 12 lakh?

You should consider taking a personal loan Rs. 12 lakh when you face a financial emergency, need urgent funds, or are planning major expenses like education, travel, or home renovation. Always ensure that you meet the eligibility requirements before applying.

What is the EMI amount I need to pay every month?

EMIs largely depend on the loan amount you avail of and your chosen repayment tenor. If the tenor is long, the EMIs will be smaller. If you choose a shorter tenor, the EMIs will increase. Check the EMIs payable on your personal loan with the personal loan EMI calculator .

Will my CIBIL score get affected by the loan?

Your CIBIL score depends on your credibility as a borrower. If you repay the loan on time, your score is bound to increase and vice versa.

How to get a personal loan with a low CIBIL score in Kolkata?

You need a CIBIL Score of 685 or higher to apply for a Bajaj Finserv Personal Loan.

Can a person get a personal loan for a low salary in Kolkata?

The salary requirement for a personal loan in Kolkata will differ from lender to lender. Additionally, personal loan application approval depends upon several other factors as well, such as credit history, CIBIL Score, and so on. Check your eligibility in just 2 steps and plan your expenses comfortably.

How long does it take to get a personal loan in Kolkata?

With a Bajaj Finserv Personal Loan, you can get the personal loan in Kolkata within 24 hours* of approval. Check your offer in just 2 steps and apply online to get our loan. *Terms and conditions apply.

Can I get a personal loan in Kolkata without documents?

The documentation requirements for a personal loan in Kolkata can vary from lender to lender. Below are the documents that are required to be submitted when applying for a Bajaj Finserv Personal Loan: 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

Can I get tax benefits on the personal loan?

Personal loans, typically, do not come with any tax benefits.

Apply for Personal Loan in Kolkata Starting @ 10% p.a.*

Overview
Features
Eligibility
How to Apply

Rs. 40000 - Rs. 55 lakh

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

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Bajaj Finserv in your state

Kolkata, the capital of West Bengal, is a major hub for finance, business, and culture in eastern India. Famous for landmarks like the Victoria Memorial and the Indian Museum, the city also thrives on industries such as IT, hospitality, retail, and real estate. With the Port of Kolkata adding to its importance, the city continues to grow rapidly.

Quick funds when you need them: Whether you're facing an urgent expense, planning a celebration, or pursuing personal goals, a personal loan in Kolkata provides the financial flexibility to act decisively.

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

Bajaj Finance makes it simple with fast approvals, minimal paperwork, and flexible repayment options. Living in Kolkata, you understand the importance of having reliable financial support when opportunities arise or when life presents unexpected challenges. Applying for a Bajaj Finserv Personal Loan in Kolkata is easy—whether online or at a nearby branch, you can access instant funds to meet your travel, education, medical, or other financial needs conveniently.

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Features and benefits of personal loan in Kolkata

Why choose a Bajaj Finserv Personal Loan in Kolkata? Here are the key advantages that make it a smart financial choice:

Repay easily over flexible tenures: Use a personal loan EMI calculator to choose a suitable repayment tenor of up to 96 months, ensuring EMIs fit comfortably within your budget.
100% transparent policy: No hidden charges or surprise fees. Read our transparent terms and conditions to understand exactly what you're agreeing to.
Avail up to Rs. 55 lakh: Bajaj Finance sanctions substantial amounts so that your diverse financing needs—from home renovation to education abroad—are covered.
Pre-approved offers - You can check if you have a pre-approved offer for a personal loan in Kolkata. All it takes is just your phone number and OTP.
Money within 24 hours*: Once approved, the loan amount gets credited to your account within 24 hours*—essential for urgent expenses or time-sensitive opportunities.
Account management online: Access your online account 24x7 through our customer portal and track repayments easily from anywhere.
Basic documentation: The few documents needed for a personal loan allows faster and hassle-free processing—no extensive paperwork or lengthy procedures.
Instant approval: No more long queues or waiting periods. Fill up the online application form for approval in minutes.
Flexi loan facility: Make multiple withdrawals from a dropline limit and pay interest only on the withdrawn funds, with our Flexi loans.

Why this matters for Kolkata residents: The city's diverse economy means income patterns vary across professions. Flexible repayment options ensure your loan works with your cash flow, whether you're in IT, hospitality, or running your own business.

Use a personal loan in kolkata to fulfil your needs

A personal loan provides versatile financial support for Kolkata residents across various life situations. Whether you're planning ahead or responding to unexpected needs, here's how you can use your funds:

Travel: Consider a personal loan for travel to cover your travel spends comfortably—book that dream vacation, family trip, or business travel without depleting your savings.
Weddings: A personal loan for wedding can help you cover sudden, unexpected expenses or upgrade your celebration plans without compromising on your budget or vision.
Education: A personal loan for higher education can help you or your loved ones achieve academic goals by covering expenses that may not be included in an education loan—such as accommodation, living costs, or skill development courses.
Medical emergencies: A personal loan for medical emergency provides quick financial assistance in the case of unforeseen medical costs, ensuring you can focus on health without financial stress.
Home improvements: For home renovations and repairs, a personal loan for home expenses is a great option—whether it's upgrading your flat, fixing monsoon damage, or adding modern amenities.

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Eligibility criteria and documents for personal loan in Kolkata

You can easily get the funds you need with the below criteria:

Eligibility criteria
- Nationality: Indian
- Age: 21 years to 80 years.
- Employed with: Public, private, or MNC.
- CIBIL Score: 685 or higher.
- Customer profile: Self-employed or Salaried
*You should be 80 years or younger, at the end of the loan tenure. Once you meet the above criteria, use our personal loan eligibility calculator to check the maximum loan amount you are qualified for.
Documents required for personal loan in Kolkata

Know more about the personal loan documents requirement. Having these documents ready ensures a smooth application process and faster approval.
- 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.

Current interest rate on personal loans

Use the interest calculator to get accurate repayment details based on the latest rates for a personal loan. It helps you plan better with competitive interest rates and manage your loan efficiently, ensuring lower EMIs. By understanding the fees and charges, you can make informed decisions and comfortably repay your loan.

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How to apply for personal loan in Kolkata

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.

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Type of fee	Applicable charges
Rate of Interest per annum	10% to 31% p.a.
Processing fees	Up to 3.93% of the loan amount (inclusive of applicable taxes).
Flexi Facility Charge	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 facility charges above are inclusive of applicable taxes Loan amount includes approved loan amount, insurance premium, and VAS charges.
Principal Holiday Facility Fees	Up to Rs.1999/- for loan amount less than Rs.2,00,000 Up to Rs.3999/- for loan amount from Rs. 200000 to Rs.399999 Up to Rs.5999/- for loan amount from Rs. 400000 to Rs.599999 Up to Rs.7,999/- for loan amount from Rs. 600000 to Rs.999999 Up to Rs.8,999/- for loan amount from Rs.10,00,000 to Rs. 1499999 Up to Rs. 9999/- for loan amount from Rs. 15,00,000 to Rs.19,99999 Up to Rs.10,999/- for loan amount from RS. 20,00,000 to RS.2499999 Up to Rs.11,999/- for loan amount from RS.25,00,000 to RS. 29,99999 Up to Rs. 12,999/- for loan amount of Rs.30,00,000 and above Above charges are inclusive of applicable taxes & will be deducted upfront from loan amount *(Loan amount includes approved loan amount, Insurance Premium & VAS Charges)
Bounce charges	Up to Rs. 1,200 per bounce. “Bounce charges” shall mean charges for (i) dishonour of any payment instrument; or (ii) non-payment of instalment (s) on their respective due dates due to dishonour of payment mandate or non-registration of the payment mandate or any other reason
Part-prepayment charges	Full Pre-payment: Foreclosure can be processed post clearance of first EMIs. 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 Loan (Flexi Dropline): 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-Payment. Not Applicable for Flexi Term Loan (Flexi Dropline) 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 Loan (Flexi Dropline): 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 0.295% (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

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

*Terms and conditions apply.

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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*.

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