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What is the Personal Loan Interest Rate at Bajaj Finance?

By Bajaj Markets - Dec 25,2019
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personal loan interest rate

Whether it is to meet a financial emergency or to make a significant lifestyle change, Indians today are more willing than ever to make the most of personal loans. In fact, a recent survey report by Home Credit India states that as many as 67% of Indians are open to availing loans to improve their lives. Out of these, one of the top most desired loans was, of course, personal loan with more than 20% of the participants interested in availing one.

It is easy to understand the appeal of a personal loan. Particularly, with one of the best personal loans in the market, that is the Bajaj Finance personal loan available on Finserv MARKETS, you can enjoy a whole variety of benefits. Not only is it an instant, easily approved finance option with immense flexibility, but it also comes at a particularly attractive personal loan interest rate.

You too could make the most of the many benefits of this incredible personal loan. Let us first get started by taking a closer look at its personal loan interest rate and what makes it a lucrative option:

What is the interest rate for Bajaj Finance personal loan?

The first thing of note is that at Finserv MARKETS, you can avail two forms of Bajaj Finance personal loan plans. The first type of personal loan is the Term Loan and the interest rate for this plan starts from 12.99% per annum.

The other type of personal loan plan is the Hybrid Flexi personal loan that offers certain additional features. These include flexible EMI repayments, interest only EMIs as well as no limit or charge on the number of pre-payments and withdrawals. The personal loan interest rate for the Hybrid Flexi personal loan also starts at 12.99%. However, it differs slightly in the type and amount of processing fees that are charged with it. Due to the attractive benefits it provides, the interest rate for Hybrid flexi personal loan can also be higher than term loans.

How do I calculate the EMIs for my Bajaj Finance personal loan?

It is one thing to know the interest rate for a personal loan, and quite another to know how it translates in terms of the EMIs you will be paying in the future. That is why at Finserv MARKETS, you can make the most of the personal loan EMI calculator to determine your final EMI amounts. The tool requires three types of inputs: loan amount, rate of interest (as mentioned above) and the loan tenure. Hence, before you avail the Bajaj Finance personal loan, you can conveniently determine the exact amount of EMIs required for the tenure of your choice, or vice versa.

What are the benefits of Bajaj Finance Personal Loans?

Now that you have a fair idea of the Bajaj Finance personal loan interest rate, let us look at the various other benefits you can enjoy by availing it on Finserv MARKETS:

  • Instant Approval

Gone are the days when people had to wait for a long time to get their loan applications approved. With the Bajaj Finance personal loan available on Finserv MARKETS, you can get your loan approved in flat three minutes. What’s more, the loan amount will be credited to your bank account in a period as short as 24 hours.

  • Customized Loans

People avail personal loans for a variety of reasons and occasions. Therefore, the Bajaj Finance personal loan is customized to suit the many needs of its customers. Whether it be a travel plan, a wedding or the purchase of a new vehicle, there is a Bajaj Finance personal loan at Finserv MARKETS to suit your exact requirements. Moreover, you can enjoy benefits such as flexible repayments and unlimited withdrawals with the Hybrid Flexi personal loan.

  • Reliability

At Finserv MARKETS, which is a leading online platform, you can get the most trusted financial products in the market. More than 100 million customers across India have chosen it to meet their financial goals and with the help of the Bajaj Finance personal loan, you can meet yours too.

All of these benefits, combined with the lucrative personal loan interest rate, make Bajaj Finance personal loan at Finserv MARKETS the perfect answer to your financial needs. With minimal paperwork, complete transparency and a convenient online applicationprocess, availing a personal loan has never been easier.

Read more about Online Personal Loan vs. Offline Personal Loan

Finserv MARKETS, a subsidiary of Bajaj Finserv, is a one-stop digital marketplace that has been created for consumers on the go. It offers 500+ financial and lifestyle products, all at one place. At Finserv MARKETS, we understand that every individual is different. And that’s why we have invested in creating a proposition – Offers You Value. A value proposition that ensures you get offers which are tailor made for you. We also offer an amazing product range and unique set of online offers across Loans, Insurance, Investment, Payments and an exclusive EMI store. Be it in helping you achieve your financial life goals or offering you the latest gadgets, we strive to offer what you are looking for. From simple and fast loan application processes to seamless and hassle-free claim-settlements, from no cost EMIs to 4 hours product delivery, we work towards fulfilling all your personal and financial needs. What’s more! Now enjoy the same benefits in just one click with our Finserv MARKETS App.


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Bajaj Finserv Direct Limited ("BFDL") is primarily engaged in distribution of financial products and services through its digital platform (“Bajaj Finserv MARKETS”) and inter alia renders services of customer acquisition, providing preliminary credit support activities, fulfilment services and post-acquisition customer services to Banks, NBFCs, HFCs. BFDL is also a registered Corporate Agent (Composite) under valid IRDAI registration number: CA0551 valid till 10-Apr-2024 for solicitation and servicing of Insurance Products. Registered Office: Bajaj Auto Limited Complex, Mumbai – Pune Road, Akurdi, Pune – 411 035 CIN: U65923PN2014PLC150522