Features and benefits
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Avail an ample loan amount without needing to pledge any assets.
Collateral-free sanction
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Flexible tenor
Opt for a tenor that ranges up to 60 months and use the Personal Loan EMI Calculator to find the most suitable repayment plan.
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Repay your loan flexibly
Choose to pay interest-only EMIs and reduce your monthly outgo significantly with our Flexi loan facility.
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Swift loan processing
Get approval within 5 minutes* of applying and enjoy full disbursal within 24 hours*.
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Furnish minimal documentation
Submit just basic documents required for personal loan approval, including your ID, address, and income proof.
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Avail a pre-approved deal
Check your pre-approved offer as an existing customer and enjoy even faster loan processing.
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Manage the loan online
Get access to the online loan account to manage EMIs, view loan statements, and more.
Getting access to a personal loan of Rs. 4 lakh is now simpler than ever. Whether you're looking to expand on your business, travel, renovate your home, or address an emergency, our loan is a handy option. Take advantage of swift loan processing and get access to funding without any hassles.
To avail of a personal loan of Rs. 4 lakh, simply meet the simple eligibility criteria, gather the documents, and apply online.
How much EMI will I need to pay for a personal loan of Rs. 4 lakh?
Tenor |
Approximate EMI at 13% interest rate |
2 years |
19,017 |
3 years |
13,478 |
5 years |
9,101 |
Eligibility criteria
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Nationality
Indian
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Age
21 years to 67 years*
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CIBIL score
750 or higher
To check your eligibility easily, use our Personal Loan Eligibility Calculator online.
How to apply for a personal loan of Rs. 4 lakh
On meeting the simple eligibility terms, follow these steps to apply for a personal loan online:
- 1 Click on ‘APPLY ONLINE’ and fill in the simple application form
- 2 Enter your phone number and submit the OTP sent to it for authentication
- 3 Fill in basic KYC, income, and employment details
- 4 Attach the required documents and submit the form
Await further guidance from our representative who will contact you shortly.
*Conditions apply
Frequently asked questions
Once you fulfil the eligibility criteria required for a personal loan, you can follow these steps to apply for it:
- Fill up the online application form with accurate personal and financial details.
- Select a suitable loan tenor and amount.
- Submit the necessary documents.
- Following document verification, the amount will be credited to your bank account within 24 hours*.
Let's say you apply for a personal loan of Rs. 4 lakh at 14% interest with a repayment tenor of two years. In that case, you need to pay an EMI of Rs. 19,205 with a total interest payable of Rs. 60,925. However, the EMI of your personal loan will vary as per the chosen tenor and the lender's interest rate.
Enter the loan amount, interest rate, and the repayment tenor in the Bajaj Finserv online loan EMI calculator to find the monthly estimates.
