You can now avail personal loan completely online. Be it a trip to your dream destination, renovating your home with modern furnishings, your dream wedding plan or even a medical emergency, a Personal Loan will always help you fulfil your requirements. When you apply for a Personal Loan online on Bajaj Markets, we connect you with the best lending partners in India. So, choose from our list of Personal Loan partners basis your need and convenience and make the most of it.
Following are the criteria that you must fulfill in order to apply for a Personal Loan :
Applying for a Personal Loan online on Bajaj MARKETS is simple and convenient too:
Check Eligibility: Know your loan eligibility by sharing your income and contact details.
Customize your Loan: Construct your Loan Package and don’t forget to include our unique Markets Loan Shield to protect your loan liability.
Get Verified & Setup the Repayment: Verify your details & setup automatic repayments with our secured online process.
Money in Account: Loan will be disbursed to your account in less than 24 hours.
Here are the main steps involved in the Personal Loan verification process:
Your online application will be processed, once you submit the same on Bajaj MARKETS website/App.
Post the complete processing of your online application, you must schedule a meeting, wherein the executive will verify the application details and collect your necessary documents, required for further processes.
Once the documents have been collected and successfully verified, the Personal Loan application will be approved and your loan will be disbursed in no time.
Minimum annualized percentage rate is 13% and maximum annualized percentage rate is 26% with a flexible repayment period of 12 to 60 months. Also full repayment in 30 days or less is not allowed.
Consider a salaried customer avails a Personal Loan of ₹1 Lakh at an interest rate of 14%. The lenders also charge a processing fee, that needs to be paid to get the loan processed and is usually 0-4% of the loan amount. Consider the processing fee to be ₹2250 for a tenure of 60 months. Then, the total interest payable is ₹39,609 and total amount payable is ₹1,41,859. The EMI will be ₹2,326 per month.
Interest Rate
13.5% p.a onwards
Bajaj Finance Limited
Associated Charges
Processing Fees : Up to 4.63% of the loan amount Foreclosure Charges : 4.72% of the outstanding loan amount
Bajaj Finance Limited
Repayment tenure
12-72 months
Bajaj Finance Limited
Eligibility Criteria
Bajaj Finance Limited
Basic Documents Required
Bajaj Finance Limited
Disbursal Time
24 hours
SMFG India Credit
Interest Rate
11.99% p.a onwards
SMFG India Credit
Associated Charges
Processing Fees : Between 0% - 6% of the loan amount
Foreclosure Charges : 0-7% of the outstanding loan amount
SMFG India Credit
Repayment tenure
12-60 months
SMFG India Credit
Eligibility Criteria
SMFG India Credit
Basic Documents Required
SMFG India Credit
Disbursal Time
30 minutes
PaySense
Interest Rate
1.33% - 2.17% per month
PaySense
Associated Charges
Processing Fees: 2% of the loan amount + GST or ₹500 + GST (depends on whichever is higher). Foreclosure charges: 4% of outstanding loan amount + GST (Foreclosure allowed only after 6 EMI Payments).
PaySense
Repayment tenure
3 months – 60 months
PaySense
Eligibility Criteria
PaySense
Basic Documents Required
PaySense
Disbursal Time
48 hours
Muthoot Finance
Interest Rate
13.75% p.a onwards
Muthoot Finance
Associated Charges
Processing Fees : 2% - 4% of the loan amount sanctioned
Muthoot Finance
Repayment tenure
12-60 months
Muthoot Finance
Eligibility Criteria
Muthoot Finance
Basic Documents Required
Muthoot Finance
Disbursal Time
5 working days
CASHe
Interest Rate
2.75% per month
CASHe
Associated Charges
Processing Fee :
Flat Rs.500 for loan amount between 0 to 33333 and 1.50% on the loan amount when loan amount is greater than 33333 (if the loan tenure is 3 months).
Flat Rs.1200 or 2% on the loan amount whichever is higher (if the loan tenure is 6 months, 9 months or 12 months).
Flat Rs.1000 or 3% of the principle amount whichever is higher (if the loan tenure is 18 months).
CASHe
Repayment tenure
90 days - 18 months
CASHe
Eligibility Criteria
CASHe
Basic Documents Required
CASHe
Disbursal Time
Within a few hours (subject to eligibility and documentation)
Fibe
Interest Rate
2.5% per month
Fibe
Associated Charges
Processing Fee :
Starting from Rs.399 + Rs.100 stamp duty
Fibe
Repayment Tenure
3 months - 24 months
Fibe
Eligibility Criteria
Fibe
Basic Documents Required
Fibe
Disbursal Time
10 mins
Yes Bank
Interest Rate
Starting from 10.70%
Yes Bank
Associated Charges
Processing Fee :
Starting from FLAT Rs. 1499/- to 2.50% of loan amount
Foreclosure Charges :
Foreclosure is allowed post the repayment of 12 EMIs
Part Payment Charges :
Part payment is allowed post the repayment of 12 EMIs.
2% plus applicable taxes are also charged on the part payment amount paid.
Yes Bank
Repayment Tenure
12-72 months
Yes Bank
Eligibility Criteria
Yes Bank
Basic Documents Required
Yes Bank
Disbursal Time
Best in Class TAT
Processing fee: Up to 4% of the loan amount
Foreclosure charge: 5% of the outstanding balance
Processing fee: Up to 2% of principal outstanding + applicable taxes
Foreclosure charge: 5% of principal outstanding + applicable taxes
2 hours (With all documents approved on banking days)
Up to 24 working hours (over non-banking days)
Processing fee: Up to 3% of the loan amount plus applicable taxes
Foreclosure charges:
Part pre-payment charges:
Processing Fee: 1%-3% of the loan amount +GST
Foreclosure Charges: Zero
Prepayment Charges: Zero
Processing Fee: 0.99% onwards
Foreclosure Charges: Nil
You can now avail personal loan completely online. Be it a trip to your dream destination, renovating your home with modern furnishings, your dream wedding plan or even a medical emergency, a Personal Loan will always help you fulfil your requirements. When you apply for a Personal Loan online on Bajaj Markets, we connect you with the best lending partners in India. So, choose from our list of Personal Loan partners basis your need and convenience and make the most of it.
Avail a Loan of up to Rs.50 Lakhs*
Affordable rate of interest starting at 9.99% p.a.*
Other charges: Processing fee 2% + GST
Minimum annualised percentage rate is 9.99% and maximum annualised percentage rate is 27% with a flexible repayment period of 120 days to 6 years. Also full repayment in 30 days or less is not allowed.
Consider a salaried customer avails a Personal Loan of ₹1 Lakh at an interest rate of 14%. The lenders also charge a processing fee, that needs to be paid to get the loan processed and is usually 0-4% of the loan amount. Consider the processing fee to be ₹2250 for a tenure of 60 months. Then, the total interest payable is ₹39,610 and total amount payable is ₹1,41,860. The EMI will be ₹2,327 per month.
020-66399444 ( Mon to Sat - 10 am to 6 pm )
4th Floor, B2 Building, Cerebrum IT Park, Kumar City, Kalyani Nagar, Pune – 411014.