Looking for a personal loan in Mumbai? Get quick approvals on Bajaj Markets for planned and unexpected expenses with ease.
Last updated on: Jul 30, 2026
Mumbai's fast-paced lifestyle often comes with diverse financial requirements, ranging from medical emergencies and higher education costs to home renovations and travel expenses. If you are looking for a personal loan in Mumbai, you can explore loan options from multiple partner lenders on Bajaj Markets and complete the application process online.
Whether you need funding for a medical emergency, home renovation, higher education, travel plans, or debt consolidation, a personal loan can help you access funds quickly. Since it is an unsecured borrowing option, you do not need to provide collateral to get the loan. The loan amount, interest rate, and repayment tenure available to you will depend on your eligibility and the lender's requirements.
A personal loan EMI calculator helps you estimate your monthly instalments before applying for a loan.
Simply enter the loan amount, interest rate, and repayment tenure to get an instant estimate of your EMI and total repayment amount. You can adjust these values to compare different repayment options and choose a loan tenure that aligns with your budget.
Here are the interest rates, loan amounts, repayment tenures, and other key details offered by various lenders on Bajaj Markets:
| Available Offerings | Max. Loan Amount | Min. Interest Rate | Max. Repayment Tenure | Processing Fee |
|---|---|---|---|---|
₹55 Lakhs |
10% p.a. |
108 months |
Up to 3.93% of the loan amount (Inclusive of applicable taxes) |
|
₹10 Lakhs |
12% p.a. |
60 months |
Up to 5.1% + GST |
|
₹5 Lakhs |
14% p.a. |
60 months |
2% to 2.5% of the loan amount + GST or ₹500 + GST (whichever is higher) |
|
₹10 Lakhs |
14.5% p.a. |
60 months |
2% to 4% of the loan amount |
|
₹2 Lakhs |
18.96% p.a. |
24 months |
₹50 to ₹200 + 18% GST (maximum APR of 48%) |
|
₹15 Lakhs |
12% p.a. |
48 months |
Up to 3% of the loan amount + GST |
|
₹10 Lakhs |
13.99% p.a. |
60 months |
2% to 5% of the sanctioned amount |
|
₹5 Lakhs |
14% p.a. |
36 months |
Up to 2% of the loan amount |
|
₹25 Lakhs |
12% p.a. |
60 months |
0% to 6% of the loan amount |
|
40 Lakhs |
10.99% p.a. |
72 months |
1.10% - 1.50% of the loan amount + GST |
|
₹1 Lakh |
18% p.a. |
12 months |
2% to 12% of the loan amount |
|
10 Lakhs |
15.95% p.a. |
60 months |
Up to 3% of the loan amount |
|
10 Lakhs |
1.33% p.m. |
60 months |
Starts from 2% of the approved loan amount |
|
₹5 Lakhs |
12.75% p.a. |
48 months |
2% to 3% of the loan amount + 18% GST |
|
₹4 Lakhs |
14% p.a. |
24 months |
3% to 5% of the loan amount |
|
₹5 Lakhs |
12% p.a. |
36 months |
1% onwards |
|
₹6 Lakhs |
17.25% p.a. |
60 months |
1.50% to 4.50% of the loan amount |
|
₹5 Lakhs |
18% p.a. |
12 months |
2% to 6% of the loan amount |
|
₹5 Lakhs |
16% p.a. |
36 months |
3% |
|
₹1.5 Lakhs |
6% p.m. |
90 days |
3%-10% |
|
₹5 Lakhs |
17.99% p.a. |
48 months |
3%-5% |
|
₹5 Lakhs |
16% p.a. |
36 months |
Up to 5% of the loan amount plus applicable taxes |
|
₹5 Lakhs |
23% p.a. |
36 months |
2.5% to 4% of the loan amount |
|
₹2 Lakhs |
16% p.a. |
36 months |
3.50% |
|
₹5 Lakhs |
18% p.a. |
48 months |
2% – 6% |
Disclaimer: The mentioned details are subject to change at the lender's discretion.
A personal loan can offer financial flexibility when you need funds for planned or unexpected expenses.
Here are the features and benefits of a personal loan in Mumbai:
You can borrow funds without pledging any asset as security.
Get access to funding of up to ₹55 Lakhs, subject to eligibility and lender policies.
Compare interest rates across multiple lenders and select a suitable loan offer.
Repay the loan over a tenure of up to 108 months, depending on the lender's terms.
Apply for a loan online without visiting multiple lender branches.
Use the loan amount for medical expenses, home renovations, higher education, travel, weddings, debt consolidation, and more.
Complete the application process with basic identity, address, and income documents.
Lenders evaluate factors such as your age, employment status, income, and credit profile before processing your application.
Here are the eligibility criteria to apply for a personal loan in Mumbai on Bajaj Markets:
Keeping the required documents ready can help make the application process smoother.
Here are the documents required for a personal loan in Mumbai:
Note: The exact documentation requirements may vary depending on the lender
You can apply for an instant personal loan in Mumbai on Bajaj Markets in a few simple steps.
Here are the steps to apply:
Click here to apply for the loan
Enter your basic personal and professional details
Provide your PAN, mobile number, email ID, and date of birth
Fill in your employment details, including your company name, salary, and salary credit mode
Compare the available offers and choose a suitable loan option and repayment tenure
Complete the KYC verification and e-mandate process on the lender's website for final approval
Reviewer
You can apply for a personal loan in Mumbai on Bajaj Markets by comparing offers from multiple partner lenders, choosing a suitable option, and completing the online application process.
Interest rates for personal loans on Bajaj Markets start from 10% p.a. The rate offered to you may vary based on your eligibility and the lender's criteria.
Yes, some lenders may offer quick approvals and faster disbursals if you meet their eligibility requirements and submit the necessary documents. Approval timelines vary by lender.
Eligibility requirements differ across lenders. Generally, you should have a stable source of income when applying for a personal loan.
Yes, unsecured loans in Mumbai are available through various lenders. These loans do not require collateral and are typically approved based on factors such as your income, credit score, and repayment capacity.