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A tier 2 city in the state of Madhya Pradesh, Jabalpur has had a large military base along with the factories which produce arms and ammunition. The city has observed a list of transformations over the last few years. It has become a major trading centre for agriculture and forest produce. This has led to an exponential growth of the city in a number of major sectors.

In order to align with the ever growing development in the city, you will require personal loans. Bajaj Markets gives you the opportunity to apply for personal loans with multiple benefits and options.

Top Personal Loan Providers in Jabalpur

You can apply for a personal loan at Bajaj Markets through the following lending partners

 

  • Bajaj Finance Limited

  • Axis Bank

  • Fullerton India Credit Co. Ltd.

  • PaySense Partners - PayU Finance (India) Pvt. Ltd

  • Prefr - Powered by Hero Fincorp

  • Muthoot Finance

  • SBFC Finance Pvt Ltd.

  • CASHe

  • Fibe

  • Yes Bank

  • KreditBee

  • InCred

  • mPokket

  • IIFL

Jabalpur Personal Loan Interest Rates

Apply for personal loans in Jabalpur from Bajaj Markets at affordable rates of interest.

Lender

Interest Rates

Processing Fees

Bajaj Finance Limited

13.5% p.a onwards

2% - 3% of the loan amount + GST or ₹500 + GST (whichever is higher)

Fullerton India

12% p.a onwards

Between 0% - 6% of the loan amount

PaySense

14% p.a onwards

2% - 2.5% of the loan amount + GST or ₹500 + GST (depends on whichever is higher)

Axis Bank

10.49% p.a onwards

Upto 2% of loan amount

Muthoot Finance

14.50% p.a onwards

2% - 4% of loan amount

SBFC Finance Pvt Ltd

14% p.a. onwards

 

Disclaimer: The rates mentioned above are subject to constant change. You must always check with the lender before applying. Additionally, the final interest rate applicable to you will depend on factors such as your repayment tenure, your age, your monthly income, and your CIBIL score.

Features & Benefits of Personal Loan in Jabalpur

Following are the benefits and features that personal loans offer:

 

  • Instant Personal Loans: At Bajaj Markets you are assured of loan approval in 2 minutes!

  • Flexible Repayment: Personal loans on Bajaj Markets are flexible and you can get loans up to Rs. 50 Lakhs that you can repay in easy EMIs over a period of 12-60 months. Or, you can apply for a hybrid flexi personal loan that offers principal payment holiday for the first year, flexible part-payments and unlimited withdrawals.

  • Minimal Documentation: You can get personal loan, by submitting a minimal set of documents.

Types of Personal Loans

Here are a few major types of personal loans in Jabalpur:

 

  • Travel Loan: A Personal Loan can help fund all your travel cravings. Whether it is travelling to your dream destination or visiting family or friends abroad, a Travel Loan will ensure that all your expenses are covered.

  • Home Renovation Loan: Revamp your personal space to make your taste and style. Whether it’s buying new furniture or appliances or getting the much-needed spruce over. A personal loan can take care of all these needs.

  • Medical Loan: Medical emergencies come announced and hospitalisation costs are rising every year. Even if you have health insurance, the cover may not be adequate. In such a situation, you can apply for a personal loan in Jabalpur to pay for medical emergencies.

  • Wedding Loan: Marriages can be an expensive affair in India. Personal Loans for Marriage can make this day memorable by taking care of all major expenses. So, you won’t have to worry about this once-in-life event.

Eligibility for Personal Loan in Jabalpur

Before you go ahead and apply for an instant Personal Loan in Jabalpur, it’s important to check whether you meet all the eligibility criteria for a Personal Loan in Jabalpur.

 

  • Applicant age must be between 21 – 63 years.

  • Applicants must have a work experience of at least 2-3 years.

  • Applicants must have a monthly salary of over Rs. 15,000.

  • Applicant’s credit score at the time of applying should be above 600.

Documents Required for Jabalpur Personal Loan

You will need to provide documentary proof of your eligibility for a Personal Loan. These documents must be signed and uploaded at the time of applying. The list of documents is:

 

  • Proof of Identity: Aadhar Card, PAN Card,

  • Proof of Income: Bank statement, ITR, salary slip

  • Proof of Residence: Aadhaar card, Passport, Utility bills

How to Apply for Personal Loan in Jabalpur

Take a lokk at the steps.

 

  • Step 1: First, head to Bajaj Markets.

  • Step 2: Enter personal and professional details like your income, employment type and mobile number.

  • Step 3: Compare the loan offers from the various partner lenders and pick the one that suits you the best.

  • Step 4: Enter ther loan amount and repayment tenure of your choice.

After your application is approved and verified, you will receive the loan amount.