Loan Types
Calculator
FAQs
Video
Rs. 40,000 to Rs. 15,50,000
You may be eligible for a pre-approved offer
Enter mobile and OTP | Check offer | No branch visit needed
In today's fast-paced world, unexpected expenses can arise at any moment. This is where personal loan apps come in handy, offering instant personal loans to meet your urgent financial needs. You can easily use the Bajaj Finance mobile app to get our Insta Personal Loan, which disburses funds in your account within as little as 30 minutes*. Check your pre-approved loan offer with phone number and OTP → Apply online in 5 minutes → Get funds quickly.
Features and benefits of the Bajaj Finance App
Bajaj Finance App is a one-stop solution for all your financial needs and goals. Apart from getting an instant personal loan, you can use the Bajaj Finance App for a host of other products and services:
- Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more.
- Explore and apply for co-branded credit cards online.
- Invest in fixed deposits and mutual funds on the app.
- Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.
- Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.
- Apply for Insta EMI Card and get a pre-approved limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on No Cost EMIs.
- Shop from over 100+ brand partners that offer a diverse range of products and services.
- Use specialised tools like EMI calculators, SIP Calculators
- Check your credit score, download loan statements and even get quick customer support—all on the app.
How to apply for a personal loan through the app
A step-by-step guide to using the Bajaj Finance personal loan app:
Install the Bajaj Finance App
Download the Bajaj Finance app from the Google Play Store for Android users or the Apple App Store for iOS users.
Access the personal loan section
Locate the personal loan section within the app interface.
Select loan amount and tenure
After confirming your eligibility, the quick loan app will guide you through choosing the loan amount and repayment period that aligns with your requirements. Use our Insta Personal Loan EMI Calculator to determine your EMI amount and assess whether it fits your repayment budget.
Provide necessary documents
The app may prompt you to upload essential documents such as proof of income, identification, and address. Depending on your profile, select customers may not be required to submit any paperwork.
Review and submit your application
Carefully review all the provided information and proceed to submit your application. A representative will then reach out to you to help you with the further process.
Start your application by downloading our quick loan app now
Download the Bajaj Finance App to apply for eligible financial products and manage your existing financial services from one platform. Depending on your profile, you can check available loan offers, review applicable terms and complete required steps digitally.
The app can also help you manage loan-related activities, such as checking repayment details and tracking your account. The availability of specific features and offers may vary based on your profile and applicable terms.
Before proceeding, review the applicable interest rate, fees, repayment tenure and other terms. Loan approval and disbursal remain subject to eligibility, verification and applicable terms and conditions.
*Terms and conditions apply.
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
|
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. |
Not your nearest branch?
Frequently asked questions
Overview
Since our Insta Personal Loan is unsecured, you do not need to pledge any collateral such as property or gold. Check your pre-approved loan offer with phone number and OTP → Apply online in 5 minutes → Get funds in 30 minutes*.
With pre-approved offers and online application process, the turn-around time is significantly reduced. With our Insta Personal Loan, you can get the funds in your account in as little as 30 minutes*.
*Terms and conditions apply
Related articles
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