Personal Loan in Salem

Personal Loan in Salem

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

Rs. 40,000 - Rs. 55 lakh

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

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

Bajaj Finserv in your city

  • Need funds in Salem for urgent expenses or planned goals? With a Bajaj Finserv Personal Loan, you can borrow up to Rs. 55 lakh without pledging any assets. The process is quick, 100% digital, and funds can be transferred to your account in just 24 hours* after approval.


    Whether you’re planning a wedding, renovating your home, or facing a medical emergency—this personal loan offers flexibility and speed to help you manage your finances with ease.


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

Salem, located in the heart of Tamil Nadu, is known for its vibrant textile and steel industries. The city also has a strong educational and healthcare presence, making it a major commercial hub. With the rise of salaried professionals and small business owners in the region, quick-access loans have become essential for handling diverse financial needs.


*Terms and conditions apply

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Features and benefits of a personal loan in Salem

  • Zero underlying charges

    Bajaj Finance never surprises you with underlying charges. Read our terms and conditions to know more.

  • Pre-approved offers

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

  • Easy account management

    Manage your loan account easily and make payments, all through our customer portal – My Account.

  • Instant approval

    Get instant approval on your online loan application with our straightforward process.

  • Minimal documentation

    Complete the application process with a few documents. Make sure to meet the personal loan eligibility criteria beforehand.

  • Get money within 24 hours*

    Once approved, the money is credited to the borrower's bank account within 24 hours*.

  • Collateral-free loan

    Avail of an unsecured personal loan without keeping any asset as collateral.

  • Funding of up to Rs. Rs. 55 lakh

    Avail high-value personal loan of up to Rs. Rs. 55 lakh to meet your diverse financing needs easily.

  • Flexible tenure

    Choose tenures 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 tenure and manage your finances effortlessly.
 

*Conditions apply

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Eligibility criteria and documents for personal loan in Salem

You can easily get the funds you need in Salem 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.

  • 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. 

Learn more to make an informed decision by using the personal loan eligibility calculator. Also, know your outflow towards loan repayment with our EMI Calculator online.

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How to apply for personal loan in Salem

  • 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.


Get personal loans at attractive rates from Bajaj Finance and repay them conveniently in affordable EMIs.

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Key offerings: 3 loan types

Disclaimer

Bajaj Finance Limited has the sole and absolute discretion, without assigning any reason to accept or reject any application. Terms and conditions apply*.