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Rs. 40,000 - Rs. 75 lakh
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Enter mobile and OTP | Check offer | No branch visit needed
Get a personal loan of Rs 15 lakh instantly
Need a personal loan of Rs. 15 lakh? With flexible repayment options and competitive interest rates, securing a Rs. 15 lakh loan has never been easier. Whether it’s for a wedding, higher education, home renovation, or unexpected expenses, this loan provides quick access to funds when you need them most.
✅ Check your pre-approved loan offer with phone number and OTP → Apply online in 5 minutes → Receive funds within a day*.
You can conveniently apply for a personal loan online, ensuring a seamless and hassle-free experience. Compare offers, check eligibility, and choose a plan that fits your budget to meet your financial goals efficiently.
Features and benefits of Rs. 15 lakh personal loan
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High loan amount
Manage both small and large expenses with quick personal loans ranging from Rs. 40,000 to Rs. 75 lakh—perfect for business investments, property purchases, or major life events.
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Flexi loans
Make multiple withdrawals from a dropline limit and pay interest only on the withdrawn funds, with our Flexi loans.
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Pre-approved offers
You can check if you have a pre-approved offer for a personal loan with just your phone number and OTP – no need to visit the branch.
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Convenient repayment tenures
Manage your loan easily with flexible repayment options ranging from 12 months to 108 months, allowing you to choose EMIs that fit your income cycle and budget.
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Approval in just 5 minutes*
Complete your entire personal loan application online from the comfort of your home or office and get an instant personal loan with lightning-fast approval.
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Money in account within 24 hours*
Your bank account will be credited with your loan amount within 24 hours* of approval, or in some cases, on the same day—ideal for urgent business or personal needs.
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Complete transparency - no hidden charges
Our fees and charges are mentioned clearly on this page and in all loan documents. We maintain complete transparency, allowing you to make informed financial decisions.
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No guarantor or collateral needed
You don't need to provide any collateral such as gold ornaments, property papers, or have someone stand as a guarantor—completely unsecured financing.
*Terms and conditions apply.
These features make this one of the best personal loans in India.
Why opt for a Rs. 15 lakh personal loan?
If you need substantial financial support, a personal loan of Rs. 15 lakh can be an ideal solution. Whether it’s for home renovations, advanced medical treatments, higher education, or international travel, a Rs. 15 lakh loan provides the flexibility to manage your expenses efficiently.
With competitive interest rates, flexible repayment tenures, and quick application processes, obtaining a Rs. 15 lakh personal loan is easier than ever. Lenders often provide fast approval, ensuring you get access to funds when you need them the most.
To secure the best deal, it’s important to compare multiple offers, understand the terms, and choose a plan that aligns with your budget. Learn how to get a Rs. 15 lakh loan today and take the first step towards fulfilling your financial goals.
Eligibility criteria of personal loan for Rs 15 lakh
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Eligibility criteria
Eligibility for a 15 lakh personal loan online generally requires you to meet specific personal loan 15 lakh eligibility criteria set by lenders. Lenders assess your personal loan eligibility based on your credit score and financial stability. The eligibility criteria for a personal loan differs from lender to lender. You can qualify for a Bajaj Finance Personal Loan once you meet the five simple eligibility criteria mentioned below:
- 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.
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Documents required for personal loan of Rs. 15 lakh
The documents required for personal loan can vary from lender to lender. Below are the documents that are required to be submitted when applying for a Bajaj Finance Personal Loan:
- 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.
Personal loan interest rates for Rs. 15 lakh
Personal loan interest rates refer to the cost of borrowing money from a lender, expressed as a percentage of the loan amount. The interest rate on personal loan can vary widely based on factors such as the borrower’s credit score, income, loan amount, and repayment term. Generally, higher credit scores lead to lower interest rates, while lower scores may result in higher rates.
Bajaj Finance Personal Loan comes with interest rates ranging from 10% to 30.5%. Personal loans are unsecured, meaning they don’t require collateral, which often leads to higher interest rates compared to secured loans. Understanding personal loan interest rates is crucial for borrowers to make informed decisions about their financing options.
How to apply for a personal loan for Rs. 15 lakh?
You can apply for an instant personal loan of Rs. 15 lakh from Bajaj Finance by following these simple steps:
- 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.
Check out other personal loan amounts
Key offerings: 3 loan types
Personal loan interest rate and applicable charges
Type of fee | Applicable charges |
Rate of interest per annum | 10% to 30.5% p.a. |
Processing fees | Up to 4.13% 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) |
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:
Part Pre-payment
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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.
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 |
| Credit guarantee scheme fee | Up to 1.18% p.a. (pro-rated daily till 31st March) (inclusive of all applicable taxes) of the loan amount |
| Credit guarantee scheme renewal fee | Up to 1.18% p.a. (inclusive of all applicable taxes) on the outstanding loan amount as on April 01 of the subsequent Financial Year. *Renewal Fee to be collected only for 3 subsequent financial years. **If the Remaining Tenure is less than 12 months, the CG Fee in subsequent years shall be charged prorated. |
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Frequently asked questions
Overview
Application
Anyone can get a Bajaj Finance Personal Loan by meeting the basic eligibility criteria to manage their big or small expenses. Check your loan offer in just 2 steps and apply online to get our loan.
By fulfilling the minimal qualifying requirements, anyone can obtain a Bajaj Finance Personal Loan to handle their large or minor needs. Additionally, you can review your pre-approved offer, which needs little to no documentation and deposit money into your bank account immediately.
- 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.
The EMI for a Personal Loan of Rs. 15 lakh will vary as per the loan interest rate and loan repayment tenure. You can find out the EMI estimates using a personal loan EMI calculator. For example, if you take a Rs. 15 lakh personal loan, at an interest rate of 11.50% with a tenure of five years, you will have to pay an EMI of Rs. 32,989.
The below-mentioned eligibility criteria must be met in order to apply for a personal loan from Bajaj Finance:
- 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.
Check your eligibility for personal loan using just mobile number and OTP – 100% online process.
Yes, you can use your Aadhaar card to apply for a Bajaj Finance Personal Loan as it is one of the key documents needed to apply. In addition to the Aadhaar card, you will also be required to present other documents -
- 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
Borrowers must meet certain eligibility requirements such as age, credit score, monthly salary, nationality, and other aspects while availing funds. Generally, a CIBIL Score of 650 or higher is required to get a Bajaj Finance Personal Loan.
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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