Personal Loan in Odisha

Personal Loan in Odisha

Check your eligibility for personal loan in Odisha with your phone and OTP - no branch visit needed.
FAQs

FAQs

Rs. 40,000 - Rs. 55 lakh

You may be eligible for a pre-approved offer in Odisha

Check now

Enter mobile and OTP | Check offer | No branch visit needed

Bajaj Finserv in your state

  • Whether you are a salaried employee in Bhubaneswar, a trader in Sambalpur, or a farmer in Jagatsinghpur, a Bajaj Finserv Personal Loan in Odisha gives you quick and reliable financial support—tailored to your specific needs. From high loan limits to flexible repayment terms, Bajaj Finance ensures you can take care of your goals without delays—anywhere in Odisha.

    ✅ Check your loan offer with phone number and OTP – Get funds in 24 hours without any branch visit.
     

Odisha, a culturally rich and rapidly developing state on India’s eastern coast, is home to a wide mix of professionals, business owners, and families. From the smart city of Bhubaneswar to the industrial belts of Angul and Sambalpur, the state has seen growth across sectors like IT, education, manufacturing, and tourism.

As aspirations grow across towns like Berhampur, Balasore, and Jharsuguda, access to quick and reliable financing through a personal loan in Odisha becomes more important than ever—for both planned goals and urgent needs.

*Terms and conditions apply

Show More Show Less

Features of personal loan in Odisha

  • A high sum of up to Rs. 55 lakh

    Qualify for a principal up to Rs. 55 lakh with minimal documentation and simple eligibility.

  • No collateral required

    You do not have to pledge any collateral or asset to get instant funds from Bajaj Finance.

  • Total transparency

    We offer personal loans with 100% transparent terms and conditions with no hidden costs.

  • Pre-approved offers

    You can check if you have a pre-approved offer for a personal loan in Odisha with just your phone number and OTP – no need to visit the branch.

  • Online account management

    Access our customer portal, My Account and manage the loan account online without any hassle.

  • Tenure options

    Use an online personal loan calculator and choose a convenient tenure ranging up to 108 months.

  • Minimum documents required

    Submit only a few essential personal loan documents to gain eligibility for an instant personal loan. 

  • Money in 24 hours*

    Once the verification is done, the money reaches the account within 24 hours* of approval.

  • Instant approval

    Meet the eligibility and apply with an online loan application for immediate approval. Utilise the funds for any emergency.

The growing economy of Odisha contributes significantly to the growth of the country. This state is one of the best choices for foreign investors. Natural resources like coal, bauxite, iron ores make this place a commercial centre. Besides, several steel plants in Rourkela generate high revenue.

Apply for an instant personal loan in Odisha and address any financial requirements with ease. Utilise the funds for any financial needs like business investments, higher studies and many more.

*Terms and conditions apply

Show More Show Less

Eligibility criteria and documents for personal loan in Odisha

You can easily get the funds you need in Odisha with the below criteria:

  • Eligibility criteria

    • 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 should be 80 years or younger, at the end of the loan tenure.

  • Documents required

    • KYC documents: Aadhaar/ passport/ voter’s ID/ driving license/ Letter of National Population Register/ NREGA job card
    • PAN card
    • Employee ID card
    • Salary slips of the last 3 months
    • Bank account statements of the previous 3 months
    • Piped gas bill
    • Pension order
    • Letter of Allotment of Accommodation Issued by Employer
    • Property / Municipal tax receipt
    • Utility bill
    • Real-time image / photograph
    • Ration card

Check your eligibility for personal loan using just mobile number and OTP – 100% online process. 

Show More Show Less

How to apply for personal loan in Odisha

  • Step-by-step guide to apply for a personal loan

    1. Click on ‘CHECK ELIGIBILITY’ on this page.
    2. Enter your 10-digit mobile number and the OTP sent to your phone.
    3. Check if you have an offer. If not, fill in the application form with your basic loan details, such as your full name, PAN, date of birth, and PIN code.
    4. Now, click on ‘PROCEED’ to visit the loan selection page.
    5. Enter the offer or loan amount that you need. Choose from our three personal loan variants –Term, Flexi Term, and Flexi Hybrid Term.
    6. Choose the repayment tenure and click on ‘PROCEED’.
    7. Complete your KYC and submit your application.

Our representative will contact you for further steps.

Meet the eligibility and get the most competitive personal loan interest rates on our personal loan

Show More Show Less

Key offerings: 3 loan types

  • Flexi Hybrid Term Loan
  • Flexi Term (Dropline) Loan
  • Term Loan

  • Withdraw and prepay – no extra charges
    You can withdraw from your limit and prepay as many times as you want, without extra charges.

  • Instalment pattern
    You can pay interest-only EMIs for up to 36 months, after which, the EMI will consist of both, the principal and the interest. EMI is applicable only on the withdrawn amount.

  • Flexi facility charges
    Flexi facility charges applicable based on your loan amount.

  • Withdraw and prepay – no extra charges
    You can withdraw from your limit and prepay as many times as you want, without extra charges.

  • Instalment pattern
    Fixed EMIs that cover both the principal and interest on the loan amount you withdraw.

  • Flexi facility charges
    Flexi facility charges applicable based on your loan amount.

  • Amount disbursed in one go
    The entire loan amount is disbursed at the start.

  • Instalment pattern
    Fixed EMIs that cover both the principal and interest.

  • Flexi facility charges
    No Flexi facility charges.

Personal loan interest rate and applicable charges

Type of fee

Applicable charges

Rate of interest per annum

10% to 30% p.a.

Processing fees

Up to 3.93% 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)

Will be deducted upfront from loan amount.

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:

  • Term Loan: Up to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount as on the date of full pre-payment

  • Flexi Term (Dropline) Loan: Up to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount, as on the date of full prepayment.

  • Flexi Hybrid Term Loan: Up to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount, as on the date of full prepayment.

Part Pre-payment

  • Up to 4.72% (Inclusive of applicable taxes) of the principal amount of Loan prepaid on the date of such part Pre-Payment.

  • Not Applicable for Flexi Term (Dropline) Loan and Flexi Hybrid Term Loan.

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.


Flexi Hybrid Term Loan:

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 feeUp to 1.18% p.a. (pro-rated daily till 31st March) (inclusive of all applicable taxes) of the loan amount
Credit guarantee scheme renewal feeUp 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.

Locate your nearest branch

Banner_NEW_Storelocator_XAOP_App_22042026.png

Related articles

Article 1

Read More

 Article 2

Read More

 Article 3

Read More

You are here

Related Links

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