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Rs. 40,000 - Rs. 55 lakh
You may be eligible for a pre-approved offer
Enter mobile and OTP | Check offer | No branch visit needed
Need more funds but already have a personal loan running? Perfect! With Bajaj Finance, you can check your pre-approved loan offer in just 2 steps and get a top-up over your existing loan. Why apply for a new loan when you can simply add more funds to what you already have?
An urgent need for funds can arise at any time. You may be faced with a medical emergency, or you may require funds to renovate your home. You may need to pay for higher education or even need finance to purchase a used car. For such needs, a top up loan is ideal as it offers quick financing against simple personal loan eligibility criteria.
As an existing customer, you enjoy a simple top-up loan approval process. Our top-up personal loans bear a competitive personal loan interest rate, and you can apply for one online. Check your eligibility for a top-up on personal loan and enjoy the benefits of a top-up personal loan with flexible repayment.
Features and benefits of a top-up personal loan
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Simple eligibility
Avail of a top up loan upon completing 12 EMIs on your current Bajaj Finance Personal Loan.*
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Basic documentation
Provide a few documents like salary slips, bank statements, and more to obtain a high-value top-up.
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Speedy disbursal
Address emergencies swiftly with same-day* disbursal of funds upon approval.
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Affordable repayment
Repay your loan at a nominal top-up loan interest rate.
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Flexi loans
Make multiple withdrawals from a dropline limit and pay interest only on the withdrawn funds, with our Flexi loans.
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100% transparent process
Avail of extra funds, fully aware of the fees and charges applicable to you.
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Online top-up application
Apply online from the comfort of your home and enjoy speedy loan processing.
Top-up personal loan eligibility criteria
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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.
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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
- Phone bill
- Real-time image / photograph
- Ration card
You can check the documents required for a personal loan for more details.Check your eligibility for personal loan using just mobile number and OTP – 100% online process.
Interest rates and charges for top-up on personal loan
Before applying for a Bajaj Finance top up personal loan, it is essential to understand the interest rates and charges involved. Reviewing these beforehand helps you plan your repayment effectively while continuing to enjoy additional funds.
To make an informed decision, check the latest personal loan interest rate and understand all associated costs before applying.
How to apply for a top-up loan?
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Step-by-step guide to apply for a personal loan
- Click on ‘CHECK ELIGIBILITY’ on this page.
- Enter your 10-digit mobile number and the OTP sent to your phone.
- 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.
- Now, click on ‘PROCEED’ to visit the loan selection page.
- Enter the offer or loan amount that you need. Choose from our personal loan variants.
- Choose the repayment tenure and click on ‘PROCEED’.
- Complete your KYC and submit your application.
Our representative will contact you for further steps.
Key offerings: 3 loan types
Personal loan interest rate and applicable charges
Type of fee | Applicable charges |
Rate of interest per annum | 10% to 30.5% p.a. |
Processing fees | Up to 4.13% 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) |
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:
Part Pre-payment
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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.
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 fee | Up to 1.18% p.a. (pro-rated daily till 31st March) (inclusive of all applicable taxes) of the loan amount |
| Credit guarantee scheme renewal fee | Up 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. |
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Frequently asked questions
Overview
Application
A top-up loan is an additional loan offered to existing borrowers on their current personal loan, providing extra funds with minimal documentation and quick approval.
The maximum top-up loan amount depends on your, repayment history, and eligibility. Generally, it is based on the outstanding loan and your income capacity. Check your eligibility in just 2 steps and plan your expenses comfortably.
A top-up personal loan has a flexible tenure that usually matches the tenure of the original loan.
A top-up loan is beneficial for urgent financial needs, offering lower interest rates than new loans. However, it increases overall debt, so repayment capacity should be considered. Check your offer in just 2 steps and apply online to get our loan.
A personal loan and a top-up personal loan differ in several key aspects, including the source of borrowing, loan amount, and tenure. Here's a detailed comparison to help you understand these differences better.
| Criteria | Personal loans | Top-up personal loans |
| Source of borrowing | Personal loans are available to everyone who meets the eligibility requirements and submits the necessary paperwork. | In most cases it will only be your current lender. To get a top-up from another lender, you need to move the entire loan amount to the new lender. |
| Loan amount | The amount of personal loan an individual can get depends on the lender's limit. | A top-up on a personal loan is available as a set percentage of the original loan amount and as per your eligibility criteria. This condition may vary by lender and loan type. |
| Tenure | Personal loans usually have tenures ranging up to 108 MONTHS | A top-up personal loan has a flexible tenure that usually matches the tenure of the original loan. |
The maximum term for a top-up loan varies from one provider to another but usually aligns with your existing loan’s tenure.
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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