Bajaj Finserv Personal Loan - Check Eligibility & Apply Online

Salaried Individuals - Check your Loan eligibility!

Avail Instant Personal Loans ✓ Loan up to 55 Lakhs ✓ Quick Disbursal ✓ Minimum Documentation! Check Eligibility

If you are looking to maintain an emergency fund or need easy access to high amounts, apply for a Bajaj Finance Personal Loan on Bajaj Markets. Borrow amounts of up to ₹55 Lakhs and benefit from tenures ranging up to 8 years. Opt for a term loan or a flexi personal loan, depending on your repayment capability and financial situation.

Bajaj Finance Personal Loan Highlights

Here’s a quick look at the key features that could make a personal loan with Bajaj Finance a suitable option for your financial needs:

Loan Features	Details
Bajaj Finance Personal Loan Interest Rate	10% p.a. - 31% p.a.
Maximum Loan Amount	₹55 Lakhs (Inclusive of Insurance Premium, VAS Charges, Flexi facility charge, Stamp Duty and Processing fees)
Minimum Loan Amount	₹40,000
Maximum Loan Tenure	96 Months
Minimum Loan Tenure	12 Months

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

Bajaj Finance Personal Loan EMI Calculator

Understanding your monthly outgo is essential before committing to a personal loan. An EMI calculator helps you plan better by estimating your instalments in advance. Here is how the Bajaj Finance Personal Loan EMI Calculator can support you in managing your repayments effectively:

Loan Amount

Tenure

Rate of Interest

Your Monthly Personal Loan EMI

Principal Amount

Total Interest

Total Amount Payable

Amortisation Schedule

Download

Year	Payable Amount	Principal	Interest	Balance

Bajaj Finance Personal Loan Other Fees and Charges

Here’s an overview of the additional fees and charges you should know to manage your personal loan with Bajaj Finance effectively:

Particulars	Details
Processing Fee	Up to 4.72% of the loan amount (Inclusive of applicable taxes)
Pre-payment Charges	Full Pre-payment: Foreclosure can be processed post clearance of first EMIs. Term Loan: Up to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount as on the date of full pre-payment. Flexi Term Loan (Flexi Dropline): Up 4.72% (Inclusive of applicable taxes) of the Dropline limit as per the repayment schedule as on the date of full prepayment. Flexi Hybrid Term Loan: Up to 4.72% (Inclusive of applicable taxes) of the Dropline limit as per the repayment schedule as on the date of full prepayment. Part Pre-payment: Up to 4.72% (Inclusive of applicable taxes) of the principal amount of Loan prepaid on the date of such part Pre-Payment. Not Applicable for Flexi Term Loan (Flexi Dropline) and Flexi Hybrid Term Loan.
Principal Holiday Facility Fees	Up to ₹1999/- for loan amount less than ₹2,00,000 Up to ₹3999/- for loan amount from ₹200000 to ₹399999 Up to ₹5999/- for loan amount from ₹400000 to ₹599999 Up to ₹7,999/- for loan amount from ₹600000 to ₹999999 Up to ₹8,999/- for loan amount from ₹10,00,000 to ₹1499999 Up to ₹9999/- for loan amount from ₹15,00,000 to ₹19,99999 Up to ₹10,999/- for loan amount from ₹20,00,000 to ₹2499999 Up to ₹11,999/- for loan amount from ₹25,00,000 to ₹29,99999 Up to ₹12,999/- for loan amount of ₹30,00,000 and above Above charges are inclusive of applicable taxes & will be deducted upfront from loan amount *(Loan amount includes approved loan amount, Insurance Premium & VAS Charges)
Annual Maintenance Charges (AMC)	Term Loan: Not Applicable Flexi Term Loan (Flexi Dropline): 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 Flexi Hybrid Term Loan: Up to 0.295% (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
Penal Charges	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.
Bounce Charges	Up to ₹1,200/- per bounce “Bounce charges” shall mean charges for (i) Dishonour of any payment instrument; or (ii) Non-payment of instalment (s) on their respective due dates due to dishonour of payment mandate or non-registration of the payment mandate or any other reason.
Loan Cancellation/ Cooling Off Period	Cooling off/Look-up period of one day from the date of disbursement applicable for all digital loans (as per company policy on Cooling off period)
Stamp Duty	Payable as per state laws and deducted upfront from loan amount.
Flexi Facility Charge	Term Loan: NA Flexi Hybrid Loan: Up to ₹1,999 for loan amounts up to ₹1,99,999 Up to ₹3,999 for loan amounts ranging from ₹2,00,000 to ₹3,99,999 Up to ₹5,999 for loan amounts ranging from ₹4,00,000 to ₹5,99,999 Up to ₹7,999 for loan amounts ranging from ₹6,00,000 to ₹9,99,999 Up to ₹8,999 for loan amounts ranging from ₹10,00,000 to ₹14,99,999 Up to ₹9,999 for loan amounts ranging from ₹15,00,000 to ₹19,99,999 Up to ₹10,999 for loan amounts ranging from ₹20,00,000 to ₹24,99,999 Up to ₹11,999 for loan amounts ranging from ₹25,00,000 to ₹29,99,999 Up to ₹12,999 for loan amounts equal to and above ₹30,00,000 All the Flexi facility charges above are inclusive of applicable taxes Loan amount includes approved loan amount, insurance premium, and VAS charges.

Disclaimer: The mentioned values are subject to change at the lender’s discretion.

For Microfinance Loans, please note below:

Microfinance borrowers can choose to purchase non-credit products entirely at their discretion. The minimum, maximum, and average interest rates are 11%, 32%, and 27.01% p.a., respectively. No charges apply for part pre-payment or foreclosure.

Eligibility Criteria for Bajaj Finance Personal Loan

Here are the eligibility criteria you need to meet before applying for a Bajaj Finance Personal Loan:

You should be an Indian citizen
You must be a salaried individual
Your age should be between 21 and 66 years
You need to be employed with a private firm, public company, or a reputed MNC
Your minimum monthly income should be ₹25,000
You must have a CIBIL score of 685 or higher

Documents Required for Bajaj Finance Personal Loan

Here’s a checklist of documents that can help you speed up your application for a personal loan with Bajaj Finance:

Identity proof (Any one): Aadhaar card, Passport, Driving licence, or Voter ID
Income proof: Salary slips for the last three months
Bank statement: Statement for the last three months
PAN card: Mandatory for the application

How to Apply for Bajaj Finance Personal Loan on Bajaj Markets

Here’s a simple step-by-step guide to help you apply for a Bajaj Finance Personal Loan on Bajaj Markets:

Click on the ‘Check Eligibility’ button to get started
Enter your personal and professional details accurately
From the available loan offers, select ‘Bajaj Finance’
Choose your preferred loan amount and repayment tenure
Click ‘Submit’ to complete your application

After submission, your application will go through verification. Once approved, a representative will connect with you to guide you through the next steps.

Why Opt for Bajaj Finance Personal Loan via Bajaj Markets

Here are the reasons why choosing a Bajaj Finance Personal Loan on Bajaj Markets could help you manage your borrowing needs better:

No Collateral Needed

You can apply for a personal loan without pledging any of your assets as security. This helps you secure funds without risking your valuables.

Competitive Interest Rates

Enjoy attractive interest rates starting from 10% per annum. This helps keep your overall borrowing cost under control.

Interest-only EMIs for Initial Tenure Phase

With the Flexi Loan option, you pay only the interest during the initial tenure. This eases your repayment in the early months.

Flexible Repayment Tenure

Repay the loan over a tenure of up to 96 months. This flexibility allows you to choose an EMI plan that fits your budget.

Transparency in Charges

All applicable charges are clearly communicated upfront by Bajaj Finance. This ensures you are fully aware of the costs involved.

Bajaj Finance Personal Loan Customer Care Details

Here’s how you can reach out to Bajaj Finance customer care for assistance with your personal loan queries:

Phone Number: 086980-10101
E-mail ID: wecare@bajajfinserv.in
Address: 6th Floor, Bajaj Finserv Corporate Office, Off Pune-Ahmednagar Road, Viman Nagar, Pune - 411014

Other Bajaj Finance Personal Loan Related Pages

Bajaj Finance Personal Loan EMI Calculator	Bajaj Finance Personal Loan Interest Rates	Bajaj Finance Personal Loan Status
Bajaj Finance Personal Loan Pre-Closure

Disclaimer

Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.

Can I get a personal loan from Bajaj Finance?

Yes, you can apply for a personal loan from Bajaj Finance if you meet the eligibility criteria. Simply complete the application form and upload the necessary documents on the Bajaj Markets portal.

Why should I apply for a Bajaj Finance Personal Loan?

Bajaj Finance offers personal loans of up to ₹55 Lakhs with interest rates starting from 10% p.a. You can choose flexible repayment tenures, extending up to 96 months, to suit your budget.

Can I get a personal loan from Bajaj Finance if I am self-employed?

No, Bajaj Finserv Personal Loans on Bajaj Markets are available only to salaried individuals employed with private companies, public firms, or reputed MNCs.

What is the minimum and maximum loan repayment tenure for a personal loan from Bajaj Finance?

The repayment tenure ranges from 12 months to 96 months, giving you flexibility to plan your instalments as per your financial comfort. Interest servicing period can be up to 24 months.

What is the cooling-off or look-up period?

You have a 3-day window from loan booking to cancel your loan. During this period, repay the principal and applicable APR without penalties. For cancellation, visit the customer portal, call 8698010101, or write to wecare@bajajfinserv.in.

What are the factors that affect the interest rate of a Bajaj Finance Personal Loan?

Your credit score, monthly income, job stability, desired loan amount, tenure, and relationship with the lender influence the interest rate offered to you.