Bajaj Finserv in your city
Salem is the fifth-largest urban agglomeration in the state of Tamil Nadu. It is best known for the Salem steel plant, a subsidiary unit of the Steel Authority of India.
Residents of Salem can avail of a Bajaj Finserv Personal Loan of up to Rs. 55 lakh at reasonable rates to fulfil their diverse monetary needs. Visit any of our three branches or apply online to get the funds you need.
Features and benefits of a personal loan in Salem
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Zero underlying charges
Bajaj Finserv never surprises you with underlying charges. Read our terms and conditions to know more.
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Pre-approved offer
Look for a personal loan pre-approved offer to receive simplified and faster processing.
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Easy account management
Manage your loan account easily and make payments, all through our customer portal – Experia.
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Instant approval
Get instant approval on your online loan application with our straightforward process.
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Minimal documentation
Complete the application process with a few documents. Make sure to meet the personal loan eligibility criteria beforehand.
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Get money within 24 hours*
Once approved, the money is credited to the borrower's bank account within 24 hours*.
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Reduce EMIs by up to 45%*
Access the Bajaj Finserv Flexi Personal Loan in Salem to avail EMI reduction by up to 45%*.
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Collateral-free loan
Avail of an unsecured personal loan without keeping any asset as collateral.
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Funding of up to Rs. 55 lakh
Avail high-value personal loan of up to Rs. 55 lakh to meet your diverse financing needs easily.
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Flexible tenor
Choose tenors ranging up to 96 months for efficient personal loan repayment.
One of the major economic contributors of Salem is its textile sector. The second contributor is the sago factories involved in starch production. Tapioca processing happens in around 650 industrial units across the city. Another significant business contributing to its economy is the Salem mango belt. Mangoes from here are extensively sold in India and abroad.
Bajaj Finserv provides personal loans to meet your several lifestyle requirements without any hassle. Be it a purchase for home appliances or a medical emergency, the unsecured loan in Salem is for every purpose. Repay with easy EMIs over an appropriate tenor and manage your finances effortlessly.
*Conditions apply
Eligibility criteria for a personal loan in Salem
Learn more to make an informed decision by using the personal loan eligibility calculator. Also, know your outflow towards loan repayment with the Bajaj Finserv EMI Calculator online.
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CIBIL score
685+
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Citizenship
Indian, resident of India
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Minimum salary
Refer to the city list
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Age
From 21 years to 80 years*
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Occupation
Employed at a private, public limited company, or a reputed MNC
Apart from eligibility, you must submit a few essential documents like identity proof, income proof, address proof, etc. Use our online calculators to check the maximum amount you are eligible to borrow. This increases your chances of approval.
Interest rates and charges on a personal loan in Salem
Bajaj Finserv imposes reasonable personal loan interest rates in Salem.
