Personal Loan of ₹25,000

Multiple lending partners on Bajaj Markets offer personal loans of ₹25,000 with competitive interest rates and flexible repayment options. The table below highlights some of the top issuers. Compare their offers to identify the one that aligns with your financial requirements:

Disclaimer: The above-mentioned details are subject to change at the lender’s discretion.

Your EMI for a ₹25,000 personal loan depends on the repayment tenure you select. The table below illustrates how your EMI varies, at an interest rate of 14%, across different tenures. 

There are additional charges you may need to pay along with the EMI and interest rate. The details are provided below.

Disclaimer: The above-mentioned details are subject to change at the lender’s discretion.

Here is how you can calculate your Personal Loan EMI:

EMI = [P x R x (1+R)^N] / [(1+R)^N-1]

Where:

• P = Loan amount

• R = Monthly interest rate (Annual interest rate/12/100)

• N = Loan tenure in months

To calculate it, assume the loan amount is ₹25,000 with an interest rate of 14% per annum for 6 months. The EMI will be ₹4,338. The total interest paid will amount to ₹1,030, and the total repayment will be ₹26,030.

If you are taking a personal loan of ₹25,000 with an interest rate of 14% p.a. for a 6-month tenure, you will be paying the amounts per month mentioned in the table below. 

Disclaimer: These are approximate values and are meant for illustration only. For actual EMI values, reach out to the lender.

Personal loans can impact your CIBIL score and financial profile in different ways. Here is how:

• Pre-approval Impact

When you apply for a personal loan, the lender checks your credit report through a hard inquiry. This may slightly lower your CIBIL score temporarily.

• Post-repayment Impact

Making timely EMI payments improves your credit score, proving your ability to manage debt responsibly. This helps in getting better loan offers in the future.

A ₹25,000 personal loan provides quick financial support for various planned and unexpected expenses. Here are some common ways to use it:

• Medical Emergencies

This loan covers hospital bills, doctor's fees, medicines, and diagnostic tests. It ensures immediate treatment without financial difficulties.

• Home Repairs

Unexpected repairs, such as plumbing leaks, electrical faults, or roof damage, can be expensive. The loan allows you to manage these costs while keeping your home safe and functional.

• Education Expenses

Use this loan to pay tuition fees, buy books, or enrol in a professional course. It helps students and professionals continue their education without disruptions, supporting career growth.

• Travel Plans

Fund your trip, including flight tickets, hotel stays, and sightseeing. Instead of postponing, you can travel now and repay later, making travel more accessible without financial pressure.

• Other Urgent Expenses

This loan covers car repairs, relocation costs, or essential household purchases. It provides financial flexibility during unexpected situations without affecting your savings.

• Renovation or Relocation

Use this loan for home renovations, including flooring, painting, and furniture upgrades. It also helps with relocation expenses, making moving to a new city more manageable.