Personal Loan in Ratlam

A personal loan can be a quick and reliable financial solution for a variety of needs, whether it is managing medical expenses, funding a wedding, planning a vacation, or consolidating debt. Bajaj Finance offers personal loans in Ratlam with features designed to meet your financial requirements efficiently and conveniently.

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

Pre-approved offers

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

Minimal documentation

Our streamlined personal loan application process requires minimal documentation, significantly simplifying your entire borrowing experience. Less paperwork means faster processing, fewer chances of delays due to missing documents, and a much more comfortable application experience. You can complete your application from anywhere in Ratlam without spending days gathering complex documentation.

Financial flexibility

Our personal loans offer incredible versatility, enabling you to utilize funds for various purposes that are important to your life. Whether you're planning weddings, home improvement projects, education expenses, or handling any unforeseen expenses that life throws your way, you have complete liberty to determine how to use the loan amount based on your individual needs and priorities.

Quick approval

Bajaj Finserv Personal Loans feature a highly streamlined application process, ensuring borrowers get swift access to funds of up to Rs. 55 lakh within a day of approval. This rapid processing is particularly advantageous during emergencies or situations requiring immediate financial assistance when every hour counts.

Budget-friendly planning: This wide range of options ensures you can find the perfect balance between monthly affordability and total loan cost, giving you complete control over your financial planning and repayment strategy.

No collateral

Our personal loans are completely unsecured, eliminating the need for you to pledge any collateral such as property, gold, vehicles, or other valuable assets. This accessibility extends to a much broader range of individuals in Ratlam who may lack substantial assets to pledge but still need reliable financial support.

Convenient tenure options

Our borrowers enjoy complete flexibility to choose a repayment term that ranges from 12 months to 96 months, perfectly aligning with their monthly budget and financial capabilities. This functionality provides tremendous ease, guaranteeing that monthly payments stay within a manageable range for each individual borrower's unique situation.

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
• Phone bill
• Real-time image / photograph
• Ration card

Check your eligibility for personal loan using just mobile number and OTP – 100% online process. 

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.