Personal Loan in Mumbai

Mumbai is a bustling metropolis where dreams take shape, but financial hurdles can sometimes stand in the way. Whether you need funds for medical emergencies, higher education, or a dream wedding, Bajaj Finserv Personal Loan is here to help. With low interest rates, loan amounts of up to Rs. 55 lakh, and a simple, online application process, getting the funds you need has never been easier.

Check your pre-approved offer now—No branch visits required. Enter your phone number and OTP to get started today.

Pre-approved offers

You can check if you have a pre-approved offer for a personal loan in Mumbai with just your phone number and OTP – no need to visit the branch.

Disbursal in a few hours*

Get the loan amount in your bank account within 24 hours*, making it easy to manage any urgent expenses.

Flexible repayment tenure

You can take a personal loan ranging from Rs. 40,000 to Rs. 55 lakh - and spread the repayment over long tenure of up to 8 years. 

Quick online approval

Apply online to receive quick approval on your personal loan in Mumbai within a few minutes.

No collateral required

Get the personal loan without any collateral or guarantor – making the process simple and quick. Use the personal loan EMI calculator for to estimate your EMI.

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.

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

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.