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Apply for Bajaj Finance Personal Loan Online
| Interest Rate | EMI | Processing Fees | Part Payment | ||
|---|---|---|---|---|---|
| 13.00% - 18.00% (fixed) | 2,275 - 2,539 (per Lakh) | upto 2.5% | |||
Details Details Documents RequiredPAN Card, Address Proof, Govt ID Proof (Not required if already given as an address proof), 3 month payslip (with DOJ mentioned), 3 month bank statement, photograph. Additional documents on case to case basis. Preclosure Charges
Part-Payment OptionPossible after 1st EMI. Minimum part payment to be 3 EMI’s. Part payment allowed 6 times in a year | |||||
| Interest Rate | EMI | Processing Fees | Apply Now |
|---|---|---|---|
| 13.00% - 18.00% (fixed) | 2,275 - 2,539 (per Lakh) | upto 2.5% | Apply Now |
Bajaj Finance Personal Loan
A personal loan from Bajaj Finance will help you complete all your monetary temporary needs. Whether it is a month old holiday that you have in plan or a desire to buy your favorite gadget, it is totally possible with a personal loan from Bajaj Finance. It’s time to start comparing and choosing the best and Bajaj Finance offers the best loan amount with low rate of interest. Loans are available as low as from 11.99% interest rates. The rest is dependent on the credit score and the income of each individual. Find your magical number now through Finance Buddha and make your dream a reality.
Features of Bajaj Finance Personal Loan
- Insurance options for your Personal Loan at attractive premium
- Faster processing
- Minimal documentation
- Sanction approval without any mortgage
- Foreclosure options available for FREE!
- Customized offers for corporate employees & women professionals
- Interest is calculated on monthly basis
- Quick Loan Disbursal
- Convenience of service at your doorstep
- Speedy loan approval
- Online loan request option available
- Low interest rates
Benefits of Bajaj Finance Personal Loan
- Easy documentation, quick processing and good transparency
- Maximum Loan up to INR 2.5 million for 5 years
- Flexible Interest Rate and special interest rates for women borrowers
- Special offers, interest rates and charges
- Very fast loan approvals
- Zero Hidden Charges, very lowest processing fee & most convenient repayment options
- Can instantly check loan eligibility
- It offers personalized loan quotation
- Good CIBIL score required
- Flexible repayment options from 12 months to 60 months
- Borrow up to Rs 25, 00, 000 easily with just few clicks
- Low interest rates
- Door step service is offered
Why should you choose Bajaj Finance Personal Loan?
It is possible to get loan amount of up to INR 2.5 millions easily, it gives repayment options with flexibility of upto 60 months, easy repay in EMIs are available. Bajaj Finance Company charges competitive interest rates as compared to many big banks. CIBIL score of 750 is required, only those individuals with good CIBIL score apply in Bajaj Finance. However speedy loan approval is offered along with credit shield and hassle-free personal-loan processing.
There is no doubt Bajaj Finance offer low interest rate to its customers, there are few who have got loan approved even for 16% depending on their credit scoring and other credentials. They scrutinize the documents and financial statement within their experts and also with legal to get clear clarity of the information and will be able to easily pick illegal activities or anything phishing. The high level of scrutiny helps them to offer loan to only right individual thus the chance of the borrowers defaulting payment is also almost NIL.
Bajaj Finance also gives special offers and discounts for its new customers and existing customers. It is said that existing customers get more offers than newbies. This is the very reason why they are able to deliver service with customer satisfaction and also concentrates on customer retention. Many new and old banks are quite concentrated on the new customers while losing the existing ones on the flip side, but Bajaj Finance is not of that category. Even pre-approval is provided for existing customers who have a very good track record of financial payments. Getting a top-up loan is not at all matter here.
The other attractive aspect of Bajaj Finance is their all-time customer support. Irrespective of the time the request is raised, the customer support works 24/7 by helping customers through emails, SMS, toll free numbers and so on. These are the reasons why Finance Buddha has this among other banks and NBFC to offers its customer a good option for personal loan.
How to apply online for Bajaj Finance Personal Loan?
You can apply online for an Axis Bank Personal Loan through our website. Just log on to Finance Buddha and fill in your query on the home page by selecting the Personal Loan Option under ‘I would like to’. Enter the amount of loan you desire and click search. You would be directed to comparison window. Here you need to first fill in your details regarding your company or organization, your loan requirement and any existing EMI`s. After which you shall have the lenders options. Click on Axis Bank and choose Apply Now. Type in your phone number and an OTP would be generated. Fill in the OTP and you shall be directed to the application page fill in the details and complete the form and submit. Finance Buddha would contact you soon and help you with the loan application process until the loan is disbursed.
Eligibility Criteria for Bajaj Finance Personal Loan
- The personal loan applicant at Bajaj Finance should be of a minimum age 25 years and maximum age up to 60 years.
- The person should have monthly income of INR 40,000 plus.
- The individual should have totally more than 2 years of work experience.
- He/ she must also have minimum 1 year work experience with their current employer.
- Credit scoring should be 750 and above
- Personal loan amount ranging from INR 100,000 to INR 2,500,000.
Documents Required for Bajaj Finance Personal Loan
- For Salaried Employee:
- Filled up loan application form
- 2 Passport Size Photo
- Copy of Income Tax PAN
- Identity Proof - Passport/ Driving License/ Voter ID/ PAN
- Residential Address Proof - Leave and License/ Registered Rent Agreement/ Utility Bill (upto 3 months old), Passport
- Income Documents – 3 months’ pay slip, 2 years Form 16, 3 months bank statement showing salary credit and any EMI debit.
- For Self-Employed Professionals:
- Filled up loan application form
- 2 Passport Size Photo
- Copy of Income Tax PAN
- Identity Proof - Passport/ Driving License/ Voter ID/ PAN
- Residential Address Proof - Leave and License/ Registered Rent Agreement/ Utility Bill (upto 3 months old), Passport
- Income Documents – 0 years audited financials, 6 months bank statement
- Business proof such as VAT/ service tax registration, incorporation details in case of companies, business address proof
Interest Rates, Fees & Charges on Bajaj Finance Personal Loan
| Facility | Salaried | Self Employed |
|---|---|---|
| Interest Rate | 14.25% - 16.75% | 14.00% - 20.00% |
| Lowest EMI | INR 2,340 per lakh | INR 2,733 per lakh |
| Loan Tenure | From 12 months to 60 months | From 12 months to 48 months |
| Loan Amount | Min INR 100,000 and Max INR 25,00,000 | Min INR 500,000 and Max INR 3,000,000 |
| Processing Fee | 1.99% - 3% | 0.02 |
| Age | Min 25 years and Max 60 years | Min 25 years and Max 65 years |
| Prepayment Charges | Allowed after 1 EMI's, can prepay up to 25% in a year without charges | Allowed after 1 EMI's, can prepay up to 25% in a year without charges |
| Foreclosure Charges | Allowed after 1 EMI's, with 4% charges on outstanding principal | Allowed after 1 EMI's, with 4% charges on outstanding principal |
| Service type | Interest rate |
|---|---|
| EMI Bounce Charges | Rs 1,000 for every bounce |
| Penal Interest | 2% p.m |
| Secure Fee Online | RS 999/- |
Frequently Asked Questions
What is the tenure for Bajaj Finance loan?
Up to what amount can we avail personal loan from Bajaj Finance?
How to apply for Bajaj Finance personal loan through Finance Buddha?
How am I being advantaged by applying for personal loan through online?
When can I expect the fund from Bajaj Finance post approval of loan?
Why to apply for a personal loan through Finance Buddha?
How does Finance Buddha rating and reviews help?
Does Bajaj Finance have different types of personal loan?
Is it easy to track online application through mobile?
Do I need to produce any collateral or security?
Do Bajaj Finance and Finance Buddha maintain client confidentiality?
Where can I get the personal loan application form?
Reviews 4.92 stars, based on 13 reviews
Usually I only write review for my favorite movies, but with the service from Bajaj Finance I was determined to let the world know, this is one of the best banking service I have ever come across. The professional approach towards the customers is the highlight!
Rinu Rajan 5/5My experience with Bajaj Finserv was above my expectation with almost incomparable interest rates and quick smooth loan processing.
Preetha Singh 5/5For me loan process took 8 days but the rate of interest was not as much as I expected, thus quite happy with the offer and looking forward the flexi-loan option can be used very soon.
Maria Sebastin 5/5I had taken the Flexi-loan personal loan and was able to pre-close my loan today. Till date the service was excellent. 2 years back I took a loan which is pre-closed today with clean records and helpful service.
Anitha Kurian 5/5It was not just the personal loan amount that I was benefited with, a great zeal of service at every step of service offered.
Lukose K 5/5Bajaj Finance not just approved the loan amount but also gave tips and guidelines about applying a personal loan and how to maintain the same. The in depth knowledge about credit scoring helped me understand why good financial track record is essential and what could be the impact.
Merina 5/5Rate of interest offered to me was high as compared to other availability but it is worth for the service provided. Very good and professional touch was felt at every aspect.
Jithin James 5/5Right from the first day until the money was in my account I was provided with all information and there were no hidden charges. Very transparent company that offered me loan at 13.5% rate of interest.
Arpitha Lakshmi 5/5Bajaj Finance officials contacted me the very next day I applied for a loan through Finance Buddha. There were no complications at all. Never have I ever had such smooth processing of transaction with any bank or NBFC till date.
Aishwarya Jayaraman 5/5My top-up loan request was processed instantly, all necessary documents were collected from my resident and my presence was not a must. This helped me to continue my work and still get the loan amount within 72 hours.
Karthik Kamat 5/5Simple and user-friendly navigating portal which helped me to track the status of my personal through online. There was not need to contact the officials for any need.
Raoul Gomes 5/5Experienced a very professional level of service from the officials of Bajaj Finance. Apart from approving my personal loan within 5 days the status update was also great and impressive.
Rohit Gogoi 4/5Had a great experience with Bajaj Finance with regard to my personal loan. The whole process was very fast and organized. I hardly had any doubt or issues with the process
Georgy Cyriac 5/5