Personal Loan for 6 Years

Looking for an affordable personal loan? Lenders on Bajaj Markets provide competitive interest rates starting at just 9.99% p.a., offering a cost-effective solution for your financial needs. Depending on your eligibility, you can avail of loan amounts of up to ₹50 Lakhs, with flexible repayment tenures of up to 6 years or more, ensuring EMIs that fit comfortably into your budget.

Here is a summary of the interest rates and charges for 6-year personal loans available from various lenders on Bajaj Markets:

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

An EMI (Equated Monthly Instalment) calculator is a simple online tool that helps you estimate the monthly repayments for a personal loan with a specific tenure, such as 6 years. It provides clarity on the repayment structure, enabling better financial planning. By entering details like the loan amount, interest rate, and tenure, you can instantly determine the monthly EMI amount.

Using the Personal Loan EMI Calculator on Bajaj Markets is quick and hassle-free. Here’s how it works:

1. Specify the amount you wish to borrow, which could be as high as ₹50 Lakhs, depending on the lender.

2. Enter the applicable interest rate, which may start as low as 9.99% p.a.

3. Choose the tenure of 6 years (72 months) for the calculation.

Once you input these details, the calculator will display:

• EMI Amount: The fixed monthly repayment for your loan

• Total Interest Payable: The total interest you would pay over the 6-year tenure

• Total Repayment Amount: The sum of the loan principal and total interest payable

This tool is designed to simplify the loan-planning process by giving you a clear picture of how your repayment schedule would look over the 6-year tenure. It also allows you to adjust variables like loan amount and tenure to arrive at an EMI that fits your budget.

To apply for a 6-year personal loan on Bajaj Markets, you need to meet the following eligibility requirements:

• You must be an Indian citizen

• Both salaried and self-employed individuals are eligible

• You should be 18 years or older

• Your monthly income must be at least ₹10,000

• Salaried applicants need at least 1 year of work experience

• A minimum credit score of 600 is required

When applying for a personal loan on Bajaj Markets, you need to submit the following documents:

Identity Proof: (Provide any one of these documents)

• PAN card

• Aadhaar card

• Voter ID

• Passport

• Driving licence

Address Proof: (Submit any one of the following)

• Voter ID

• Aadhaar card

• Passport

• Driving licence

• Electricity bill

• Telephone bill

Income Proof: 

• Bank statements or salary slips for the last 3 months

You can apply for a personal loan on Bajaj Markets in a few simple steps:

1. Visit the personal loan page and select the ‘Check Eligibility’ option

2. Provide your basic personal details in the online application form

3. Specify the loan amount and your preferred repayment tenure

4. Complete the application by submitting the form for verification

A representative will contact you to guide you through the next steps.