Personal Loan
Please enter your full name
Please enter your full name
Please choose your city of residence from the list
Please type your city name and select it from the list
Your mobile number helps us fetch your personal loan offer. Don’t worry, we will keep this information confidential.
Mobile number cannot be blank

I authorize Bajaj Finserv representatives to call/SMS towards this application and other products/services. This consent overrides my registration for DNC/NDNC. T&C apply

Please accept Terms and Conditions

OTP has been sent to your mobile number


Incorrect OTP, please try again

Click on 'Resend' if you want to get a new OTP

47 Seconds
Resend OTP Entered the wrong phone number? Click here

What Are the Reasons to Avail a Personal Loan?

Personal loans come with numerous benefits and advantages when availing the credit. Its feature of no restriction on end use allows it to be utilised for several purposes. You can thus apply for this loan and use it for multiple personal loan reasons.

Check out the types of personal loan purpose you can meet with the credit.

Reasons Why You Should Avail a Personal Loan

  • i. Consolidation of existing debt

    A personal loan is a convenient financing option to consolidate existing debts. Among the most useful personal loan reasons, debt consolidation is where you utilise funds to repay multiple debts at one go. You need to pay only one EMI as your fixed monthly obligation.

    Bajaj Finserv provides debt consolidation loans, a personal loan variant that you can avail especially to consolidate your debts.

  • ii. House renovation or improvement

    Avail a personal loan to meet expenses related to house renovation. Whether you seek to remodel your kitchen, construct a new balcony, or carry out any other house improvement, Bajaj Finserv provides a home renovation loan of up to Rs.25 lakh with several benefits to enjoy.

    Utilising a personal loan for house renovation also brings tax benefits you can avail under Section 24(b) of the Income Tax Act, 1961.

  • iii. Finance wedding expenses

    Weddings are costlier today, courtesy the rising inflation level. To meet these high-cost expenses and carry off the wedding in style, you can avail a marriage loan, a type of personal loan at attractive interest rates.

    Apply for the loan with Bajaj Finserv and receive your approval within 5 minutes.

  • iv. Meet medical emergencies

    Medical emergencies are situations that require immediate financing. In such cases, you can avail a medical emergency loan with flexible repayment tenors from Bajaj Finserv. Other features such as pre-approved offers, instant approval, and lowered EMIs make this loan suitable to meet such emergencies. It is among the most prominent personal loan reasons for which one can avail credit.

    Apply for the loan with Bajaj Finserv and receive your approval within 5 minutes.

  • v. Funds to meet higher education expenses

    Avail a higher education loan to meet the necessary expenses related to your child’s education. Available in large amounts, the loan is sufficient to fulfil essential educational expenses.

  • vi. Fulfil travel goals

    Instead of spending your hard-earned savings to fund your tours and trips, you can instead opt for a travel loan and repay it within a long tenor. Pre-approved offers available on such loans make it easier to avail the loan from Bajaj Finserv.

    You can meet many other personal loan purposes with this credit. Apply for a personal loan with Bajaj Finserv and get money within 24 hours to meet necessary expenses.