Personal Loan in Perundurai

Personal Loan in Perundurai

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

Loan Types

FAQs

FAQs

Video

Video

Rs. 40,000 - Rs. 55 lakh

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

Check now

Enter mobile and OTP | Check offer | No branch visit needed

Bajaj Finserv in your city

  • Whether you are planning to renovate your home, fund higher studies, manage medical expenses, or expand your business, a Bajaj Finserv Personal Loan in Perundurai offers a quick and collateral-free way to get the funds you need.


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

Situated in the Erode district of Tamil Nadu, Perundurai is an emerging industrial and educational hub. Known for its textile mills, engineering industries, and agricultural markets, the town plays a vital role in the region’s economy. Perundurai is also home to prominent educational institutions like Kongu Engineering College and enjoys excellent connectivity via the NH544, linking it to Coimbatore and Salem. Its balanced blend of industry, commerce, and education makes it a steadily growing urban centre.


*Terms and conditions apply.

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Features and benefits of Personal Loan in Perundurai

  • Instant loan approval

    Fill out the personal loan application form online for instant approval and other exclusive benefits.

  • Online account management

    Track EMI outflow, payment due dates, outstanding principal and more from our customer portal – My Account.

  • Tenure options

    Tenures of up to 108 months make repayment hassle-free. Choose wisely with the help of the Bajaj Finserv Personal Loan EMI calculator.

  • High loan amount

    Cover expenses of child’s education, medical emergency, wedding, travel, etc., with personal loans from Rs. 40,000 to Rs. 55 lakh.

  • No collateral

    Bajaj Finance demands no collateral. Only fulfil the personal loan eligibility criteria and submit documents necessary for loan approval. 

  • Pre-approved offers

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

  • Zero hidden charges

    Apart from a nominal processing fee, you do not need to pay any other charges to avail of the loan. We offer 100% transparency in loan terms and conditions.

  • Minimal documentation

    Provide your KYC documents and income proof to complete a hassle-free documentation process with Bajaj Finance.

  • Quick transfer of funds

    Get the money in your bank account within 24 hours* of approval.

The economy of Perundurai is driven by the textile industry, which attracts a large population from Coimbatore, Salem and Erode to work here. In terms of opportunities, the Government Erode Medical College and the fourth Parryware Roca manufacturing unit are functional in this town. Perundurai’s educational facilities include some top schools and engineering.


A personal loan in Perundurai proves beneficial for people facing financial crises. With Bajaj Finance, borrowers can enjoy multiple benefits and a 100% transparent policy. No hidden charges are imposed on the loan, assuring its affordability.


*Conditions apply
 

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Eligibility criteria and documents for personal loan in Perundurai

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: 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 Perundurai

  • 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

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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