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Rs. 40,000 - Rs. 55 lakh
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Key takeaways
A personal loan of Rs. 30 lakh can help meet substantial planned or urgent expenses, with interest rates ranging from 10% to 30.5% p.a., subject to eligibility and applicable terms.
- Eligible borrowers can choose personal loan amounts ranging from Rs. 40,000 to Rs. 55 lakh.
- Applicants need a CIBIL Score of 650 or higher to meet the stated eligibility criterion.
- The loan is unsecured, so eligible applicants do not need to provide collateral or a guarantor.
- Applicants can check their loan offer online using their mobile number and OTP without visiting a branch.
Get a personal loan of Rs. 30 lakh instantly
A 30 lakh personal loan can help you fund significant financial goals, from wedding expenses and home renovation to debt consolidation, higher education, or medical needs. It offers access to substantial funds without pledging collateral, subject to applicable eligibility criteria.
Bajaj Finance provides a convenient digital borrowing experience for a personal loan upto 30 lakhs, with online application and flexible repayment options. Existing customers can check their pre-approved loan offer using their phone number and OTP.
Why opt for a Rs. 30 lakh personal loan?
If you need significant financial support, a personal loan of Rs. 30 lakh can be the perfect solution. Whether it’s for home renovations, medical emergencies, higher education, or international travel, a Rs. 30 lakh personal loan provides the flexibility to manage large expenses comfortably. With competitive interest rates and flexible repayment options, planning your EMIs becomes hassle-free.
You can easily apply personal loan online and access funds to meet your financial needs, making it simpler to achieve your goals with a Rs. 30 lakh personal loan.
Features and benefits of Rs. 30 lakh personal loan
High loan amount
Manage both small and large expenses with quick personal loans ranging from Rs. 40,000 to Rs. 55 lakh—perfect for business investments, property purchases, or major life events.
Flexi loans
Make multiple withdrawals from a dropline limit and pay interest only on the withdrawn funds, with our Flexi loans.
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.
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.
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.
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.
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.
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.
These features make this one of the best personal loans in India.
Eligibility criteria for personal loan of Rs. 30 lakh
To apply for a personal loan for Rs. 30 lakh, you need to meet the lender's eligibility requirements based on your age, nationality, employment profile, and CIBIL Score. Review the personal loan eligibility criteria before applying.
| 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 must be 80 years or younger at the end of your chosen loan tenure.
You can check your eligibility instantly using just your mobile number and OTP — no branch visit or paperwork needed at the eligibility stage.
Documents required for a personal loan of Rs. 30 lakh
Applicants seeking a Rs. 30 lakh personal loan from Bajaj Finance may need KYC, income, and banking documents for verification. The documents required for personal loan can vary based on the applicant's profile and applicable requirements.
| Document category | Accepted documents |
| KYC and identity proof | Aadhaar, passport, voter's ID, driving licence, Letter of National Population Register, or NREGA job card |
| Income proof | Salary slips from the last 3 months or ITR |
| Bank statements | Bank account statements from the previous 3 months |
| Additional address proof | Piped gas bill, pension order, employer-issued accommodation allotment letter, property or municipal tax receipt, utility bill, or phone bill |
| Other documents | PAN card, employee ID card, real-time photograph, or ration card |
You can check your eligibility for personal loan of Rs. 30 lakh using just mobile number and OTP – 100% online process.
Personal loan interest rates for Rs. 30 lakh
Bajaj Finance offers personal loan interest rates ranging from 10% to 30.5% p.a., subject to eligibility and applicable terms. Review the interest rate on personal loan before applying to understand the applicable rate.
Estimate your monthly EMI for Rs. 30 lakh personal loan
For a Rs. 30 lakh personal loan at 10% p.a., the approximate EMI is Rs. 63,741 for a 5-year tenure. The table below provides indicative EMI estimates for different repayment periods.
| Loan Amount | Interest Rate (p.a.) | Tenure | Approx EMI |
| Rs. 30,00,000 | 10% | 2 years | Rs. 1,38,435 |
| Rs. 30,00,000 | 10% | 3 years | Rs. 96,802 |
| Rs. 30,00,000 | 10% | 4 years | Rs. 76,088 |
| Rs. 30,00,000 | 10% | 5 years | Rs. 63,741 |
Actual EMI, total interest, and total repayment may vary based on the applicable rate, tenure, charges, and loan terms.
How to apply for a personal loan for Rs. 30 lakh?
Step-by-step guide to apply for a personal loan
- Check loan eligibility – Visit our personal loan page, enter the loan amount you need, select the repayment period, and click on "CHECK LOAN OFFER" to check your loan eligibility.
- Enter personal details – Provide your personal, financial, and employment details to receive a personalised loan offer.
- Review your loan offer – Check your offer details and adjust the loan amount or repayment tenure, if required.
- Complete KYC verification – Verify your identity and bank details to proceed with your application.
- Speak to a loan specialist – Once your application is submitted, an executive will contact you with the next steps.
Why choose a Rs. 30 lakh personal loan from Bajaj Finance?
Choosing a Rs. 30 lakh personal loan from Bajaj Finance can offer a convenient borrowing experience, with digital processes designed to make application and loan management simpler.
- Online application helps you complete the borrowing process from the convenience of your home.
- Clear communication helps you understand applicable loan terms and charges before proceeding.
- Digital loan management lets you access relevant account information when required.
- Minimal documentation can make the application process more convenient.
- Customer support is available to help with queries during the loan journey.
Related link:
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
|
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
Eligibility
The EMI for a Personal Loan of Rs. 30 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 personal loan of Rs. 30 lakh at an annual interest of 11.50% with a tenure of five years, you will have to pay an EMI of Rs. 65,978.
| Tenure | Approximate EMI at 11.50% interest rate |
| 2 years | 1,40,521 |
| 3 years | 98,929 |
| 4 years | 78,267 |
Bajaj Finance Personal Loan has no end-use restrictions, allowing you to comfortably cover a wide range of expenses including:
- Medical Emergency
- Wedding
- Higher Education
- Home Renovation
A Rs. 30 lakh loan without collateral is an unsecured loan, allowing you to borrow without pledging assets, with flexible repayment and competitive interest rates.
Eligible applicants may receive approval within 5 minutes after completing the online application, subject to verification, eligibility, and applicable terms.
There is no fixed minimum income stated for a Rs. 30 lakh personal loan; eligibility depends on factors such as employment, credit profile, and applicable lender criteria.
A minimum CIBIL Score of 650 is required to meet the stated eligibility criterion for a Rs. 30 lakh 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