Get Instant Personal Loan From Bajaj Finserv
Personal loan is an unsecured loan that can be used for a variety of end uses, including medical treatment, home renovation, travel, wedding, and any other urgent financial requirement. With a Bajaj Finserv Personal Loan, you can borrow up to Rs.25 lakh and get instant approval on it with minimal documentation. Fulfil our easy-to-meet eligibility parameters and basic documentation process to avail the money you need within the same day of approval.
With our flexible tenors ranging up to 60 months, repay your loan as per your convenience. What’s more, you can also reduce your EMIs by up to 45%* with our Flexi Personal Loan.
Our instant personal loan is available for salaried professionals in India at attractive interest rates and no hidden charges. You can also avail the pre-approved offer for you from Bajaj Finserv and get quicker access to funds.
Here's a look at some of the features and benefits of a Bajaj Finserv Personal Loan:
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Pay up to 45%* lower EMIs
Meet your expenses with a Flexi Personal Loan and reduce your instalments by up to 45%*. Borrow money as and when you need from your sanction, without the need for multiple applications and additional documentation.
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Money in bank within 24 hours*
Bajaj Finserv offers the fastest personal loans in India – with disbursal in just 24 hours* of your loan getting approved.
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High loan amount
You can get an instant personal loan of up to Rs.25 lakh based on your eligibility.
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Flexible tenor
Repay your loan with ease with flexible repayment tenor ranging from 12 to 60 months.
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Online process with minimal documentation
Apply for a personal loan online in few clicks. Complete the application process by submitting only a few basic documents and get instant loan approval.
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No hidden charges
What you see is what you get. With easy to understand terms and conditions, our Personal Loan is transparent and comes with zero hidden charges.
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Instant approval in minutes
Meet the basic eligibility criteria and receive paperless approval on your online personal loan application within just 5 minutes.
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Pre-approved loan offers
Avail the pre-approved offer to enjoy shorter processing time. If you are an existing customer, all you need to do is share your basic contact details, share the one-time password (OTP) and check your pre-approved offer.
Check Your Personal Loan EMI
Disclaimer :
The EMI calculator is an indicative tool and the results may vary based on actual interest rates and the period between disbursal date and the first EMI date. Calculation results are approximate and for information purposes only.Personal Loans for All Your Special Needs
Personal loans are a suitable option for you to fulfil your diverse financial needs. Utilize a personal loan to meet various funding needs such as –
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Medical emergency - Avail personal loans online with minimal documentation to address medical emergencies, which requires immediate funding.
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Debt consolidation - Consolidate multiple debts into one with an instant, high-value personal loan.
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Higher education - Provide complete financial support to your child during higher education with high-value personal loans. Meet all financing needs such as course fees, travel expenses, hostel charges and more with customised personal loans in India.
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Home renovation - Manage the necessary home renovation and repair expenses with an instant loan and repay over a flexible tenor of your choice.
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Used cars - Apply for a personal loan online to finance the purchase of a used car. Avail a loan at competitive interest rates and repay in easy EMIs.
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Wedding - Meet the high-end expenses of a grand wedding or plan post-marriage trips with the help of a personal loan.
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Travel - Fulfil your travel goals with funds availed against simple eligibility criteria. Cover all the expenses, including flight tickets and hotel bookings during your trip to a national or international destination.
How to Apply for Personal Loan
The application process for a personal loan is simple and convenient. Proceed with the following steps to apply for Personal loans with Bajaj Finserv.
- Fill in the online application form with your personal, employment and financial details.
- Choose your loan amount and repayment tenor to receive instant approval.
- A Bajaj Finserv representative will get in touch with you. Submit all the necessary documents to him/her.
- Receive disbursal of your loan within 24 hours of approval.
Personal Loan FAQs
What is a personal loan?
A Personal Loan is an unsecured loan, which means you don’t need to pledge a collateral to receive the funds. Availing one is easy – you can apply online and you can use the money to meet almost any expense.
Bajaj Finserv, one of the most diversified NBFCs in India, offers instant personal loans with paperless approval and quick disbursal.
Where can a personal loan be used?
It can help you meet a wide range of financial requirements, such as:
- Medical emergency
- Home renovation
- Higher education
- Debt consolidation
- Travel
- Wedding
What are the documents required for a personal loan?
To avail a loan, you will need to submit the following documents:
- Passport-size photographs
- KYC Documents – PAN, Aadhaar, Driving license, Voter’s ID, Passport
- Bank account statements for three months
What are the eligibility criteria for a personal loan?
To avail a quick personal loan, you only need to meet the basic eligibility criteria.
- You must be a residing citizen of India
- Aged between 23 and 55 years
- Employed with an MNC, public or private company
If you meet the salary requirement based on your city of residence, you can qualify for a loan.
What is the minimum salary required to get a loan?
The minimum salary required to avail a Bajaj Finserv Personal Loan depends on your city of residence. For instance, if you reside in Mumbai, Pune, Bangalore, or Delhi, you must have a monthly salary of Rs.36,000.
How can I calculate EMI?
You can use the handy personal loan EMI calculator to determine your monthly instalments.
How much CIBIL score is required?
The ideal CIBIL score to get instant paperless approval on Bajaj Finserv Personal Loans is 700 and above.
What is the maximum loan that I can get?
You can borrow money up to Rs.25 lakh without pledging any collateral.
Why should you choose Bajaj Finserv Personal Loan?
Bajaj Finserv offers personal loans with a range of attractive benefits including:
- Flexi Personal Loan facility
- Instant approval
- Minimal documentation
- Money in bank in 24 hours
- Flexible tenors
- Pre-approved offers
- No hidden charges
Complete the application form online and avail your personal loan.
What is the difference between term loan and flexi loan?
A standard term loan is a fixed loan amount that you borrow as a lumpsum. It is availed at a fixed rate of interest and must be repaid over a specific tenor.
A Flexi Loan, on the other hand, essentially provides you with a pre-approved loan amount based on your credit score and eligibility. You can withdraw money from this approved amount as many times as you need – without having to apply multiple times. You also have the option to prepay the loan as per your convenience.
For greater flexibility and convenience, choose a Flexi Loan by Bajaj Finserv and lower your EMIs by up to 45%*.
*Terms and conditions apply.
How long does it take to get approved for a personal loan?
With Bajaj Finserv, you can expect approval on your loan application in less than 5 minutes.
How can I get quick approval on my personal loan application?
Getting approval on your loan application is easy.
- Just meet the basic eligibility requirements
- Keep your PAN ID handy
- Get approval in an instant.
Alternatively, you can check if you qualify for a pre-approved loan.
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