How to get a personal loan of Rs. 1 lakh?

Here is a step-by-step guide to applying for a Rs. 1 lakh personal loan: Click on ‘CHECK ELIGIBILITY’ on this page. Enter your 10-digit mobile number and the OTP sent to your phone. 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. Now, click on ‘PROCEED’ to visit the loan selection page. Enter the offer or loan amount that you need. Choose from our personal loan variants. Choose the repayment tenure and click on ‘PROCEED’. Complete your KYC and submit your application. Our representative will contact you for further steps.

What is the EMI for a personal loan of Rs. 1 lakh?

The EMI usually depends on the repayment tenure and the personal loan interest rates charged by the lender. You can use a personal loan EMI calculator to find out the EMI of Rs. 1 lakh personal loan. For instance, if you borrowed Rs. 1 lakh at an interest rate of 13%, the following is your EMI. Tenure Approximate EMI at 13% interest rate 2 years 4,754 3 years 3,369 5 years 2,275

What is the interest rate on a Rs. 1 lakh loan?

Age, credit score, monthly income, your relationship with the lender, and a few other factors can have an impact on personal loan interest rates. You can get a Bajaj Finance Personal Loan with competitive interest rates starting at 10% p.a

How long does it take to get a personal loan?

With a Bajaj Finserv Personal Loan, you can get the funds within 24 hours* of approval. Check your offer in just 2 steps and apply online to get our loan. *Terms and conditions apply.

What is the maximum loan amount I can get with a personal loan?

With a Bajaj Finserv Personal Loan, you can get funds up to Rs. 55 lakh. Check your eligibility in just 2 steps and plan your expenses comfortably.

Apply for an Instant Personal Loan in Rajkot

Rs. 40000 - Rs. 55 lakh

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You may be eligible for a pre-approved offer

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

Bajaj Finserv in your city

Rajkot is a vibrant city in the western state of Gujarat. Known for its rich history and the significant role it played in the Indian independence movement, Rajkot offers a blend of cultural heritage and modern development. To help the residents of the city manage their financial requirements, Bajaj Finance offers collateral-free personal loans of up to Rs. 55 lakh. You can also check if you already have a pre-approved offer in Rajkot. The process is 100% digital, with no need to visit a branch.

✅ Check your pre-approved loan offer in Rajkot with phone number and OTP → Apply online in 5 minutes → Receive funds within 24 hours*.

Apply online or walk into a Bajaj Finserv branch near you to get instant approval on your personal loan application. Know more about our personal loan and its features.

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Features and benefits of Bajaj Finserv Personal Loan

No part-prepayment charge on Flexi Term Loan (Flexi Dropline) and Flexi Hybrid Term Loan

Repay a part of your loan in advance, at no extra cost. You can part-pay as many times as you want.
Read about Flexi Term Loan

Loan of up to Rs. 55 lakh

Manage your small or large expenses with quick personal loans ranging from Rs. 40000 - Rs. 55 lakh.

Flexi loans

Make multiple withdrawals from a dropline limit and pay interest only on the withdrawn funds, with our Flexi loans.

Convenient tenures

Manage your loan easily with repayment options ranging from 12 months to 96 months.

Approval in just 5 minutes*

Complete your entire personal loan application online from the comfort of your home or wherever you are and get an instant personal loan with fast approval.

Money in your account in 24 hours*

Your bank account will be credited with your loan amount within 24 hours* or, in some cases, on the same day of approval.

No hidden charges

Our fees and charges are mentioned clearly on this page itself and also on our loan documents. We advise you to read these in detail before applying.

No guarantor or collateral needed

You do not need to provide any collateral such as gold ornaments, property papers, or have someone stand as a guarantor.

*Terms and conditions apply.

These features make this one of the best personal loans in India.

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How to apply for personal loan

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.

Type of fee	Applicable charges
Rate of interest per annum	10% to 31% 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 levied on each instance in the event of: (i) dishonour of any payment instrument irrespective of whether the customer subsequently makes the payment through an alternate mode or channel on the same day; and/or (ii) non-payment of instalment(s) on their respective due dates where any payment instrument is not registered/furnished; and/or (iii) rejection or failure of mandate registration by the customer’s bank.
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) of the Dropline limit as per the repayment schedule as on the date of full prepayment. • Flexi Hybrid Term Loan: Up to 4.72% (Inclusive of applicable taxes) of the Dropline limit as per the repayment schedule as on the date of full prepayment. Part-prepayment • Up to 4.72% (Inclusive of applicable taxes) of the principal amount of Loan prepaid on the date of such part Pre- • 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 0.472% (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 0.472% (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

Personal Loan of Rs. 1 lakh in Rajkot

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