Personal Loan for Self Employed

A personal loan is a loan that can be availed by individuals and does not have an end-use specifically associated with it. In other words, the amount you borrow through a personal loan can be used for any purpose, including buying a property, a car, to pay medical bills or to fund your business or any other purpose.

In fact, if you are a self-employed individual, a personal loan can be immensely helpful for you. Let us take a look at some details.

Personal Loan for Self Employed: Features and Benefits

Typically, while processing a regular personal loan, a lending institution could ask for salary slips as a proof of income for approving and disbursing a loan. Lending institutions ask for this information to ascertain the repayment capacity of the borrower.

This requirement can become a hurdle for self-employed individuals, who might not always be in a position to furnish proof of income. That is because being self-employed also involves irregular cash flow. In such a situation, a personal loan for self-employed can come to their rescue, as it does not require producing income proof in the form of a past salary slips. If you have been looking for personal loans for self-employed with no proof of income, then this loan is a solution for you.

Moreover, as a personal loan is a collateral free loan, meaning that you do not need to produce a security in order to take the loan, it can be an ideal choice for self-employed individuals who might not be in a position to produce a collateral for the loan.

When you apply for a Bajaj Finserv personal loan for self-employed available at Finserv MARKETS, you can get a personal loan of up to Rs 30 lakhs. Moreover, if you are an existing Bajaj Finserv customer, you are also eligible for special pre-approved loan offers, including getting the loan disbursed within 24 hours. Borrowers can also use the customer portal Experia to manage the loan and keep a track of the repayments.

Personal Loan for Self-Employed: Eligibility

In order to be eligible to avail a Bajaj Finserv Personal Loan for Self-Employed, you need to fulfil the following criteria:

  • You should be an Indian citizen between 22 and 55 years of age
  • The business should have a vintage of at least of 3 years.
  • A high credit score can be an added advantage as these are unsecured loans. A credit score above 750 is considered to be a good credit score.

Personal Loan for Self-Employed: Documents Required

In order to avail the Bajaj Finance personal loan for self-employed, you need to following documentation:

  • Proof of existence of business like business or company registration documents or GST details
  • Know Your Customer (KYC) documents like PAN, Aadhaar, Voter ID, Passport, etc
  • Passport-sized pictures
  • Income Tax returns filed for the previous year
  • Other Financial documents to prove business turnover (if applicable)

Check all documents required for self-employed personal loan before applying for the loan

How to apply for a Personal loan for Self-Employed?

You can now apply for a personal loan for self-employed online at your convenience. You only need to fill the required details in the business loan online application form. Once you submit your application, a representative from Bajaj Finserv will get in touch with you to take the process ahead.

How can I use Personal Loan for Self-Employed?

You can use personal loan for self-employed to meet any financial requirements at your end, including expansion of business by purchasing office space, plant and machinery, or to consolidate your existing loans in a single place. The amount can also be used to meet personal requirements like home renovation, meeting wedding expenses, among others. The loan application process is pretty quick and requires minimal documentation with complete transparency.


  • ✔️Can I get a personal loan if I am self employed?

    Currently, only salaried professionals can apply for a Personal Loan on Finserv MARKETS.

  • ✔️Can I get a personal loan without proof of income?

    Borrowing money without having an income is possible. Many people think it's impossible to borrow without proof of income because lenders want to know how much you're making. While a lender will be interested in your income, their main concern is your credit score.

  • ✔️How can I get a personal loan instantly?

    With a Bajaj Finance Personal Loan, you can borrow up to Rs. 25 Lakhs and get instant approval on it with minimal documentation. Fulfil the easy-to-meet eligibility parameters and basic documentation process to avail the money you need within the same day of approval.

Personal Loan for Self Employed Reviews

Personal Loan for Self Employed Reviews

4.5out of 5

25 reviews

Very nice experience

I was mighty impressed with the fast disbursal and excellent customer support that Finserv MARKETS provided. The next time I need a loan, I will consider only Finserv MARKETS..

Very good product

When I got approval in 3 minutes, I was really surprised. And then I also got disbursal within a day. I was honestly overjoyed as it really helped me a lot in tough times.

Really good service

With the affortable interest rates and flexible repayment options of Bajaj, I need not look any further. I would highly recommend this loan to others as well.

Most convenient option

I took Bajaj Finance Personal loan from Finserv MARKETS. The quick approval and disbursal process made it really easy and convenient for me.

Best experience ever

People like me often need urgent funds. At Finserv MARKETS, not only did I get approval in 3 minutes, but also received the loan within 24 hours.

My favorite

With affordable interest rates and really flexible repayment options, Bajaj Finance Personal Loan is indeed my favorite loan product. And my experience on Finserv MARKETS has been just great.

Top notch loan product

With super quick approval, I took a Bajaj Finance Personal Loan on Finserv MARKETS and helped me fulfill my dreams like never before. What's more, repayment is easy as pie!


Can you believe that I got disbursal within 1 day and approval in 3 minutes? Finserv MARKETS is really smooth with its loan service.

Top-class features

The affordable interest rate and flexible repayment options aren't the only reasons why I'd recommend tthis loan. The add-on features and extra benefits are also impressive.

Best loan product I've seen

I took Bajaj Finance loan and, the quick approval really helped me. I'm mighty impressed with the customer service as well.

Collateral-free loan

Along with the best interest rates, the personal comes with no collateral required, which I feel is the best combination of features.


I can't yet believe that I got my personal loan in just 24 hours! Finserv MARKETS is just amazing, must say.

Amazing loan product

The loan requires no collateral, so you're not really losing anything. With the amazing interest rates, you can also be relaxed about repayment.

Amazing loan

The Bajaj Finance Personal loan has to be credited for help me meet my needs. My loan application was approved in just 3 minutes.

Best loan service

I didn't know that there was a personal loan in the market with no collateral required! What's more, Bajaj Finance Personal Loan also comes at really good interest rates.

Got the loan amount very quickly

Yes, Bajaj Finance Personal Loan on Finserv MARKETS is a very nice product. No collateral, flexible repayment, a brilliant interest rate. What else do you need?


Bajaj Finance Personal loan is just amazing. With no collateral required plus minimal documentation, what else is needed.Vaidehi Prasad

Very quick process

As a salaried employee, it is difficult to find a good loan. But Bajaj Finance Personal Loan on Finserv MARKETS helped out as usual, with minimal documentation requirement.

No collateral at all!

I was surprised when I found this loan with no collateral requirement, in addition to flexible repayment, attractive interest rates, and so much more!


Bajaj Finance personal loan is really a saviour for applicants like me. I got the loan very easily and could fulfill my dream.

User Friendly Loan Interface

I apply for a personal loan with the Finserv MARKETS app. The loan process was quite convenient and the app had a user friendly interface. I would definitely recommend anyone looking for personal loans for self employed to avail a loan with them.

Convenient Loan Application Process

I was eligible for personal loans for self employed so I got easy access to the loan. The loan eligibility for personal loan is quite simple. I applied for it through the Finserv MARKETS app which made it quite convenient for me to get done with the application process as well.

Flexible Repayment Tenure for Loans

I was on the search for a personal loan online. I found the Finserv MARKETS app through which I applied for personal loans for self employed. I got access to the loan with ease and I was very much impressed with their flexible repayment tenure for loan. Overall I am satisfied with the services.

Loan Amount within 24 Hours

I was in dire need of immediate cash to take care of my daughter’s wedding expenses. That’s when a friend of mine suggested me to avail personal loan for self-employed at Finserv MARKETS. The personal loan eligibility was quite simple and I could easily get the loan amount within 24 hours. Thanks to Finserv MARKETS.

Instant Funds for My Business

Personal loan for self employed at Finserv MARKETS came to my rescue when I needed instant funds to manage my business's working capital needs. I got the loan instantly and I could also get an estimate of the EMI by using an online personal loan EMI calculator.