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Personal Loan in Chennai - Apply Online

Need urgent funds to manage unexpected expenses? Apply for a personal loan in Chennai on Bajaj Markets and compare offers from multiple partner lenders in one place.

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Maximum Loan Amount ₹55 Lakhs
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Last updated on: Jul 30, 2026

If you are looking for a personal loan in Chennai, you can compare offers from multiple partner lenders available on Bajaj Markets and apply online with minimal hassle. Depending on your eligibility, you may be able to access up to ₹55 Lakhs at competitive interest rates and choose a repayment tenure that suits your financial needs.

Instant Personal Loan in Chennai

A personal loan is an unsecured credit facility that helps you cover a wide range of financial needs without pledging any collateral. Whether you need funds for a wedding, medical emergency, home improvement, education, or debt consolidation, you can use the loan amount as required.

The approved loan amount, interest rate, and repayment tenure depend on factors such as your income, credit profile, existing obligations, and the lender's eligibility criteria.

Personal Loan EMI Calculator for Chennai

A personal loan EMI calculator helps you estimate your monthly instalments before applying for a loan. By entering the loan amount, interest rate, and tenure, you can understand how much you may need to repay every month.

Let's understand with a simple example:

Suppose you borrow ₹5 Lakhs at an interest rate of 10% p.a. for 5 years. The calculator will instantly estimate your EMI, which would be approximately ₹10,624, and the total repayment amount, which would be around ₹6,37,411. You can then adjust the tenure or loan amount to find a repayment plan that aligns with your budget.

Personal Loan Interest Rates in Chennai Offered by Various Lenders on Bajaj Markets

Here are the details of personal loan offers available through various lending partners on Bajaj Markets. You can compare the available options and choose a loan that aligns with your financial requirements and repayment capacity.

Available Offerings Max. Loan Amount Min. Interest Rate Max. Repayment Tenure Processing Fee

Bajaj Finance Personal Loan

₹55 Lakhs

10% p.a.

108 months

Up to 3.93% of the loan amount (Inclusive of applicable taxes)

KreditBee Personal Loan

₹10 Lakhs

12% p.a.

60 months

Up to 5.1% + GST

PaySense Personal Loan

₹5 Lakhs

14% p.a.

60 months

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

Muthoot Finance Personal Loan

₹10 Lakhs

14.5% p.a.

60 months

2% to 4% of the loan amount

mPokket Personal Loan

₹2 Lakhs

18.96% p.a.

24 months

₹50 to ₹200 + 18% GST (maximum APR of 48%)

L&T Finance Personal Loan

₹15 Lakhs

12% p.a.

48 months

Up to 3% of the loan amount + GST

InCred Personal Loan

₹10 Lakhs

13.99% p.a.

60 months

2% to 5% of the sanctioned amount

Fibe Personal Loan

₹5 Lakhs

14% p.a.

36 months

Up to 2% of the loan amount

SMFG India Credit Personal Loan

₹25 Lakhs

12% p.a.

60 months

0% to 6% of the loan amount

Kotak Mahindra Bank Personal Loan

40 Lakhs

10.99% p.a.

72 months

1.10% - 1.50% of the loan amount + GST

Olyv Personal Loan

₹1 Lakh

18% p.a.

12 months

2% to 12% of the loan amount

Finnable Personal Loan

10 Lakhs

15.95% p.a.

60 months

Up to 3% of the loan amount

Moneyview Personal Loan

10 Lakhs

1.33% p.m.

60 months

Starts from 2% of the approved loan amount

Federal Bank Personal Loan

₹5 Lakhs

12.75% p.a.

48 months

2% to 3% of the loan amount + 18% GST

Kissht Personal Loan

₹4 Lakhs

14% p.a.

24 months

3% to 5% of the loan amount

Freo Personal Loan

₹5 Lakhs

12% p.a.

36 months

1% onwards

Piramal Finance Personal Loan

₹6 Lakhs

17.25% p.a.

60 months

1.50% to 4.50% of the loan amount

Zype Personal Loan

₹5 Lakhs

18% p.a.

12 months

2% to 6% of the loan amount

Unity SFB Personal Loan

₹5 Lakhs

16% p.a.

36 months

3%

Ram Fincorp Personal Loan

₹1.5 Lakhs

6% p.m.

90 days

3%-10%

Prefr Personal Loan

₹5 Lakhs

17.99% p.a.

48 months

3%-5%

Poonawala Fincorp Personal Loan

₹5 Lakhs

16% p.a.

36 months

Up to 5% of the loan amount plus applicable taxes

PayU Finance Personal Loan

₹5 Lakhs

23% p.a.

36 months

2.5% to 4% of the loan amount

Branch Personal Loan

₹2 Lakhs

16% p.a.

36 months

3.50%

FatakPay Personal Loan

₹5 Lakhs

18% p.a.

48 months

2% – 6%

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

Features and Benefits of a Personal Loan in Chennai

A personal loan can help you manage planned and unexpected expenses without affecting your savings.

Here are the features and benefits of applying for a personal loan in Chennai:

  • No Collateral Required

As personal loans are unsecured, you do not need to pledge any asset as security to get funding.

  • High Loan Amounts

Depending on your eligibility and the lender's policies, you can access funds of up to ₹55 Lakhs on Bajaj Markets.

  • Competitive Interest Rates

Compare interest rates across multiple lenders and select a suitable loan offer.

  • Flexible Repayment Tenure

On Bajaj Markets, you can repay the loan over a tenure of up to 108 months, subject to the lender's terms and conditions.

  • Quick Online Application

You can complete the application process online without visiting multiple lender branches.

  • Versatile End-use

Use the loan amount for medical expenses, home improvements, weddings, travel, education, debt consolidation, or other personal needs.

  • Minimal Documentation

The application process usually involves submitting a few basic documents, including identity, address, income, and banking proofs.

Eligibility Criteria for a Personal Loan in Chennai

Here are the eligibility criteria required to apply for a personal loan in Chennai on Bajaj Markets:

  • Age: 18 years or above
  • Employment Type: Salaried or self-employed
  • Income: Stable source of income
  • Work Experience: At least 6 months
  • CIBIL Score: 650 or above
  • Additional Criteria: As specified by the lender

Documents Required for a Personal Loan in Chennai

Here are the documents required for a personal loan in Chennai:

  • Identity and Address Proof (Any One)

    • PAN Card

    • Aadhaar Card

    • Voter ID

    • Driving Licence

    • Passport

  • Income Proof

    • Last 3 months' bank statements

    • Last 3 months' salary slips

Note: The exact documentation requirements may vary depending on the lender you choose.

How to Apply for an Instant Personal Loan in Chennai

You can apply for an instant personal loan in Chennai online through Bajaj Markets in just a few steps.

Here are the steps to apply:

  1. Click here to start the application 

  2. Enter your basic personal and professional details.

  3. Provide your PAN, mobile number, email ID, and date of birth.

  4. Fill in your employment details, including your company name, salary, and salary credit mode.

  5. Compare the available offers and select a suitable loan option and repayment tenure.

  6. Complete the KYC verification and other associated processes on the lender's website for final approval.

Financial Content Specialist

Reviewer

Aakash Jain

FAQs

How can I apply for a personal loan in Chennai?

You can apply for a personal loan in Chennai on Bajaj Markets by comparing available offers, selecting a suitable option, and completing the online application process with the required details and documents.

What is the interest rate for a personal loan in Chennai?

Interest rates for personal loans on Bajaj Markets start from 10% p.a. The rate you receive depends on factors such as your income, credit score, employment profile, and the lender's eligibility criteria.

Can I get an instant personal loan in Chennai?

Yes, some lenders may offer quick approvals and faster disbursals if you meet their eligibility requirements and submit all the necessary documents. Approval and disbursal timelines vary by lender.

What is the minimum salary for a personal loan in Chennai?

The minimum income requirement for a personal loan finance in Chennai varies across lenders and applicant profiles. In general, lenders prefer applicants with a stable and regular source of income, as this can improve the chances of loan approval. Meeting the lender's income criteria, along with other eligibility requirements, may also help you qualify for better loan terms.

Are unsecured loans available in Chennai?

Yes, unsecured loans in Chennai are available through various lenders. Since these loans do not require collateral, approval is typically based on factors such as your income, credit profile, and repayment capacity.

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