Features and benefits

  • Speedy approval

    Speedy approval

    Get instant approval once you meet our simple eligibility criteria.
  • Same-day* access to money

    Same-day* access to money

    Your loan amount is transferred to your bank account in just 24 hours* from approval.

  • %$$PL-Tenor-Max-Months$$% to repay

    96 months to repay

    Repay your loan by choosing a tenor of up to 8 years.

  • Zero collateral and basic documents

    Zero collateral and basic documents

    No need to pledge any security; complete your paperwork to get your personal loan instantly.

  • Online management of your loan

    Online management of your loan

    Access your loan account via our customer portal, My Account, to see your statements and manage your repayment.

  • Complete transparency, no hidden fees

    Complete transparency, no hidden fees

    All terms and conditions are mentioned upfront in your loan agreement.

You need to meet the simple eligibility criteria to qualify for a personal loan. These include a high CIBIL score, employment at a reputed company, and salary requirements as laid down by a non-banking finance company (NBFC) on its website. So, if your salary is less than Rs. 12,000, assure the lender that you have other sources of income to repay your personal loan on time.

However, ensure that you meet the rest of the eligibility parameters and submit the basic documents required to increase your chances of being approved for a personal loan.

With instant approval and disbursal in 24 hours*, the Bajaj Finserv Personal Loan is an ideal way to meet your financial needs. Be sure to use the Personal Loan EMI Calculator to plan repayment and make an educated decision.

*Terms and conditions apply

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Eligibility criteria

  • Nationality


  • Age


    21 years to 80 years*

  • CIBIL score

    CIBIL score

    685 or higher

You can check the Personal Loan Eligibility Calculator to estimate your eligibility.

*Terms and conditions apply

How to apply for a personal loan with a salary less than Rs. 12,000?

Here is our in-depth guide on how to apply for a personal loan online:

  1. 1 Click on ‘Apply Online’ to go to the online application form
  2. 2 Enter your mobile number and authenticate your data with an OTP
  3. 3 Fill in basic personal and employment details
  4. 4 Upload the necessary documents for our verification and submit the form

To guide you on the next steps of getting your loan, our representative will get in touch with you.

Personal loan on a low salary

Personal loan for salary less than Rs. 10,000
Personal loan for salary less than Rs. 15,000
Personal loan for salary less than Rs. 20,000

Frequently Asked Questions

What is the minimum salary required for a personal loan?

The city in which you reside and your income are two of the most important eligibility requirements for a personal loan. Bajaj Finserv Personal Loan requires a minimum salary of Rs. 25,001 depending on the city in which you reside.

What factors affect the eligibility for a personal loan?

Several factors impact the eligibility for a personal loan, here is a quick look:

  • Credit Score
  • Monthly income
  • Nationality
  • Age
  • Existing debt
  • Relationship with the lender