You can easily apply for the Bajaj Finserv personal loan and the process will start within 2 minutes while the transaction of the amount will take place within 24 hours of getting approved for the loan. The process for applying for a loan is very easy, and quick, with little paperwork, and quick approval allows customers to complete urgent emergencies or fulfill personal expenses like weddings, education, or medical expenses.
Bajaj Finserv Bank Personal Loan Detail
Bajaj Finserv Personal Loan offers up to ₹25 lakh, available both online and offline. Once your loan is approved, you can receive the disbursed amount within 24 hours, with interest rates starting at 12.99% per year. Bajaj Finserv offers personal loans to people who are in urgent need of cash or stuck in a bad situation, as well as for people who want to fulfill their personal needs. That’s why they provide a service where customers can pay part payments up to 6 times allowing users to easily manage their finances.
| Bajaj Finserv Personal Loan | Details |
|---|---|
| Loan Category: | Personal Loan |
| Loans Offering: | Personal Loan, Marriage Loan, Holiday Loan, Medical Loan, Home Renovation Loan |
| Loan Type: | Unsecured personal loan |
| Interest Rate: | 12.99% p.a. onwards |
| Processing Fee: | Up to 4.13% + applicable tax |
| Approval Process: | Both online and offline |
| Minimum Income Requirement: | ₹25,000 |
| Loan Approval Timing: | 24 Hours |
| Minimum Loan Amount: | ₹25,000 |
| Maximum Loan Amount: | ₹25 Lakh |
| Minimum Loan Period: | 12 months/ 1 year |
| Maximum Loan Period: | 60 months/5 years |
| Type of Interest Rate: | Fixed Interest Rate |
| Interest Charging Method: | Reducing balance method |
Bajaj Finserv Personal Loan Eligibility Criteria
| Bajaj Finserv Personal Loan | Details |
|---|---|
| Salaried Employees | Yes |
| Salaried Doctors | Yes |
| Employees of public and private limited companies | Yes |
| Government sector employees including Public Sector Undertakings, Central and Local bodies | Yes |
| Loan for Pensioners | No |
| Loan for Existing Customers | Yes |
| Self-Employed | Yes |
| Selected Corporate | No |
| Other Criteria | Net salary per month should be as follows: Rs. 35,000/Month: Bangalore, Delhi, Pune, Mumbai, Hyderabad, Chennai, Coimbatore, Ghaziabad, Noida, Thane Rs. 30,000/Month: Ahmedabad, Kolkata |
| Minimum Age | 23 years |
| Maximum Age | 55 years at the time of maturity of the Personal Loan |
| Minimum Income Requirement | ₹25,000 |