Features of unsecured loans

  • Instant approval, disbursal in %$$PL-Disbursal$$%*
    Instant approval, disbursal in 24 hours*
    With a quick approval process, your personal loan gets credited to your bank account within just a day*.
  • Flexible repayment plans
    Flexible repayment plans

    Get the option to repay your personal loan over a tenor of up to 60 months.

  • Large loan amounts
    Large loan amounts

    Get a personal loan of up to Rs. 25 lakh and manage your expenses with ease.

  • %$$PL-Flexi-EMI$$%* lower EMIs with Flexi
    45%* lower EMIs with Flexi
    You have the option to pay interest-only EMIs for the initial part of the tenor, giving you the option to reduce your instalments.
  • Online account
    Online account
    Keep yourself updated with all your loan details on our customer portal – Experia.
  • Pre-approved offers
    Pre-approved offers
    As an existing customer of Bajaj Finserv, you can enter your basic details on our website and check the offers you are eligible for.

An unsecured loan is a loan offering that doesn’t need any security or collateral. Lenders offering unsecured loans depend on the applicant’s credit score and other eligibility parameters to determine their credit worthiness.

You can choose to avail of an unsecured personal loan from Bajaj Finserv and use the funds to manage your small and big expenses. Borrow up to Rs. 25 lakh and repay the loan amount over convenient tenors of up to 60 months. And with the Flexi facility, you can lower your EMIs by up to 45%* for the initial part of your repayment tenor and make your instalments more manageable.

*Conditions apply

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How to apply for an unsecured loan

Applying for an unsecured loan online is quite simple. Begin by following these simple steps; you may start your application now and resume it at a later instance.

  1. 1 Click on ‘Apply Online’ to open our easy application form
  2. 2 Enter your 10-digit mobile number, and the OTP sent to you
  3. 3 Share your basic information
  4. 4 Check the loan amount you are eligible for and select the amount you wish to borrow

Our representative will call and guide you on the next steps.

Existing customers of Bajaj Finserv can avail of unsecured loans without having to apply for a personal loan. If you have availed of a product from Bajaj Finserv before, you can check your pre-approved offer and get the money you need.

Loan applicants new to Bajaj Finserv can apply for a personal loan by filling up a simple application form online. If you are looking to avail of an unsecured loan, please click on ‘Apply Online’ to begin.

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Frequently asked questions

What can I use my unsecured loan for?

Your unsecured loan can serve a variety of needs. You can use the loan amount to meet the expenses for almost anything. From a home renovation project to consolidating your debt, managing a medical emergency, to wedding expenses, you can use your loan amount for almost any planned or unplanned expense.

How soon can I get an unsecured loan?

If you have a good credit score and have all your necessary documents handy, you can expect the unsecured loan to be credited to your bank account within 24 hours*.

Can I pay off my loan amount early?

Yes, you can prepay your personal loan by paying a marginal fee. You can read about it here.

Will checking my rate affect my credit score?

No, checking your pre-approved offer or loan eligibility will not affect your credit score.

What if I don’t know my credit score?

Your credit score is one of the most critical elements when it comes to your personal loan approval. Bajaj Finserv offers a free CIBIL score check to help you ascertain your credit score. Click here to get started.

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