Explore Your Options
bajaj finserv personal loan
Bajaj Finserv offers fast approval of personal loans without asking you to fill out any extra paperwork.
Powered By
bajaj finserv personal loan
Apply Now
bajaj finserv personal loanHere are a few factors
| Location | PAN INDIA |
| CIBIL Score | 685+ |
| Minimum Salary Per Month | If Working in Metro 38K , If working in Rural 27K |
| Salary Mode | NEFT,RTGS,IMPS & COMPANY TRANSFER |
| Applicant Age | 25 Year to 59 Year |
| Loan Amount & Tenure | 1
Lac to 35 Lac (12 Month to 84 Month) |
| Rate of Interest (Type) | 13.5% to 15% (Reducing) |
| Processing Fees | 1% - 4% |
| Processing Mode & TAT | Processing: Online TAT: 1 Day to 3 Days |
| Foreclosure Charges | 4.50+GST |
| Part Payment Allowed | NO |
| OD Product | yes |
| BT+TopUp | No |
| Minimum Job Experience | 6 Months |
| Current Employer Business Vintage | 2 Years |
| FOIR | 65% of Net Salary |
| Whether Co-Applicant Mandatory | No |
| USP | PL OD Product |
| Negative Profile | 1.
NRI Employee 2. Employee whose Salary receive in Cash & UPI 3. NGO Employee, Taxi Driver, Real Estate Employee, Bartenders, Security Guards, Defence Employee ,SPA & Salon Employee, 4th Grade Employee, Jewellers Employee |
bajaj finserv personal loan EMI Calculator
Interest Type
Loan Amount
Interest Rate
Loan Tenure
| Loan Amount | ₹100,000 |
| Interest % | 13 % |
| Tenure (months) | 12 |
| Emi (monthly) | ₹ 8,932 |
| Total Interest | ₹ 7,181 |
| Loan Amount + Interest | ₹ 107,181 |
| Year | Total Principal ( A ) | Total Interest ( B ) | Balance ( A + B) | Total Payment | Loan Paid Till Date (%) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ₹ 23,803 | ₹ 2,993 | ₹ 26,796 | ₹ 76,197 | 23.80 % | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ₹ 76,202 | ₹ 4,186 | ₹ 80,388 | ₹ 0 | 100.01 % | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Required Documents to Apply for Bajaj Finserv Personal Loan
-
KYC of Applicant (Adhar Card+Pan Card+Passport Size Photo)
-
Last 3 month Salary Slip
-
Last 6 month Bank Statement in PDF
-
Form 16 of last 2 year
-
Rent Agreement if rented or Utility Bill if residence is owned
-
Sanction Letter of all current running loan if any
-
Office ID Card or Official EMAIL ID if any
About Bajaj Finserv Personal Loan
Gone are the days when you needed to stand in a long queue, submit forms and papers, and then still wait for a day to get your loan approved. Bajaj Finserv offers fast approval of personal loans without asking you to fill out any extra paperwork. It also offers instant personal loans to self-employed applicants with minimal documentation and loan disbursal on the same day. Bajaj Finserv offers personal loans to salaried applicants at 13% p.a. onwards for loan amounts of up to Rs 25 lakh and for tenures of up to 5 years. . The personal loan products are designed to meet the needs of different borrowers, with loan amounts ranging from Rs 1 lakh to Rs 35 lakh, and tenures ranging from 1 year to 7 years.
Customer Care Details
You can reach out to Bajaj Finserv India, if you have any queries or require assistance.
Email :- [email protected] |
Start with Bajaj Finserv Personal Loans in few steps
If you are planning to apply for a personal loan at Bajaj Finserv there are certain details that you should be aware of, Let’s discuss:
Visit Our Website
For the first step, you will have to visit our website to explore the loan options that fit your needs.
Select and Apply
Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.
Submit Your Document
One of the most important steps. Now you will have to submit all the required documents digitally.
Enjoy Your Financial Freedom!
Once your application is approved based on your eligibility, the amount will be disbursed to your account shortly.
Let us take an example, How EMI is being calculated
For instance, if "Shubham" applies for a Personal loan of INR 1 Lacs and get the loan sanctioned at the rate of 15 % with a tenure range of 36 Months , in such a case his EMI would be INR 3,467 and complete repayment amount till the end of 36 Months tenure would be INR 1,24,795 (i.e 3,467 EMI * 36 Months), wherein the total interest amount is INR 24,795 along with principal repayment of INR ₹1,24,795 . Few additional charges like those of minimal one-time processing fee upto 2-3% of loan amount may apply. T&C apply.| Year | Principal (A) |
Interest (B) |
Total Payment (A + B) |
Balance | Loan Paid To Date |
|---|---|---|---|---|---|
| 2022 | ₹ 11,363 | ₹ 5,969 | ₹ 17,333 | ₹ 88,637 | 11.36% |
| Aug | ₹ 2,217 | ₹ 1,250 | ₹ 3,467 | ₹ 97,783 | 2.22% |
| Sep | ₹ 2,244 | ₹ 1,222 | ₹ 3,467 | ₹ 95,539 | 4.46% |
| Oct | ₹ 2,272 | ₹ 1,194 | ₹ 3,467 | ₹ 93,267 | 6.73% |
| Nov | ₹ 2,301 | ₹ 1,166 | ₹ 3,467 | ₹ 90,966 | 9.03% |
| Dec | ₹ 2,329 | ₹ 1,137 | ₹ 3,467 | ₹ 88,637 | 11.36% |
| 2023 | ₹ 30,332 | ₹ 11,266 | ₹ 41,598 | ₹ 58,305 | 41.70% |
| Jan | ₹ 2,359 | ₹ 1,108 | ₹ 3,467 | ₹ 86,278 | 13.72% |
| Feb | ₹ 2,388 | ₹ 1,078 | ₹ 3,467 | ₹ 83,890 | 16.11% |
| Mar | ₹ 2,418 | ₹ 1,049 | ₹ 3,467 | ₹ 81,472 | 18.53% |
| Apr | ₹ 2,448 | ₹ 1,018 | ₹ 3,467 | ₹ 79,024 | 20.98% |
| May | ₹ 2,479 | ₹ 988 | ₹ 3,467 | ₹ 76,545 | 23.45% |
| Jun | ₹ 2,510 | ₹ 957 | ₹ 3,467 | ₹ 74,036 | 25.96% |
| Jul | ₹ 2,541 | ₹ 925 | ₹ 3,467 | ₹ 71,495 | 28.51% |
| Aug | ₹ 2,573 | ₹ 894 | ₹ 3,467 | ₹ 68,922 | 31.08% |
| Sep | ₹ 2,605 | ₹ 862 | ₹ 3,467 | ₹ 66,317 | 33.68% |
| Oct | ₹ 2,638 | ₹ 829 | ₹ 3,467 | ₹ 63,679 | 36.32% |
| Nov | ₹ 2,671 | ₹ 796 | ₹ 3,467 | ₹ 61,009 | 38.99% |
| Dec | ₹ 2,704 | ₹ 763 | ₹ 3,467 | ₹ 58,305 | 41.70% |
| 2024 | ₹ 35,208 | ₹ 6,390 | ₹ 41,598 | ₹ 23,097 | 76.90% |
| Jan | ₹ 2,738 | ₹ 729 | ₹ 3,467 | ₹ 55,567 | 44.43% |
| Feb | ₹ 2,772 | ₹ 695 | ₹ 3,467 | ₹ 52,795 | 47.20% |
| Mar | ₹ 2,807 | ₹ 660 | ₹ 3,467 | ₹ 49,988 | 50.01% |
| Apr | ₹ 2,842 | ₹ 625 | ₹ 3,467 | ₹ 47,147 | 52.85% |
| May | ₹ 2,877 | ₹ 589 | ₹ 3,467 | ₹ 44,270 | 55.73% |
| Jun | ₹ 2,913 | ₹ 553 | ₹ 3,467 | ₹ 41,356 | 58.64% |
| Jul | ₹ 2,950 | ₹ 517 | ₹ 3,467 | ₹ 38,407 | 61.59% |
| Aug | ₹ 2,986 | ₹ 480 | ₹ 3,467 | ₹ 35,420 | 64.58% |
| Sep | ₹ 3,024 | ₹ 443 | ₹ 3,467 | ₹ 32,397 | 67.60% |
| Oct | ₹ 3,062 | ₹ 405 | ₹ 3,467 | ₹ 29,335 | 70.67% |
| Nov | ₹ 3,100 | ₹ 367 | ₹ 3,467 | ₹ 26,235 | 73.76% |
| Dec | ₹ 3,139 | ₹ 328 | ₹ 3,467 | ₹ 23,097 | 76.90% |
| 2025 | ₹ 23,097 | ₹ 1,169 | ₹ 24,266 | ₹ 0 | 100.00% |
| Jan | ₹ 3,178 | ₹ 289 | ₹ 3,467 | ₹ 19,919 | 80.08% |
| Feb | ₹ 3,218 | ₹ 249 | ₹ 3,467 | ₹ 16,701 | 83.30% |
| Mar | ₹ 3,258 | ₹ 209 | ₹ 3,467 | ₹ 13,443 | 86.56% |
| Apr | ₹ 3,298 | ₹ 168 | ₹ 3,467 | ₹ 10,145 | 89.86% |
| May | ₹ 3,340 | ₹ 127 | ₹ 3,467 | ₹ 6,805 | 93.19% |
| Jun | ₹ 3,381 | ₹ 85 | ₹ 3,467 | ₹ 3,424 | 96.58% |
| Jul | ₹ 3,424 | ₹ 43 | ₹ 3,467 | ₹ 0 | 100.00% |
FREQUENTLY ASKED QUESTIONS
A Bajaj Finserv personal loan is an unsecured loan that helps you to meet sudden financial obligations. They offer a maximum loan amount of 35 lacs that can be processed after assessing your profile.
When you need credit, apply for a Bajaj Finserv personal loan. The lender verifies and accepts your loan application when you submit it to them. The loan money is then transferred to your bank account. You must reimburse the lender via EMIs for the duration of the loan repayment period after receiving the loan amount.
Bajaj Finserv allows you to avail up to 35 lakhs for a personal loan along with a host of benefits you can leverage, Whereas the amount may vary depending upon the CIBIL Score, Monthly income, employer, etc.
Bajaj Finserv has a flexible repayment tenure from 12 months to 7 years.
The rate of interest of Bajaj Finserv Personal Loan is 13.50%-15%
The minimum ROI of Bajaj Finserv Personal Loan is 13.5% per annum
The minimum ROI of Bajaj Finserv Personal Loan is 15% per annum
The highest loan amount you can avail with Bajaj Finserv Personal Loan is Rs. 35 Lacs
The minimum loan amount you can avail of with Bajaj Finserv Personal Loan is Rs. 1 Lac.
The processing fee for Bajaj Finserv’s Personal loan is between 3% to 4% of your loan amount.
The minimum repayment tenure of Bajaj Finserv's Personal Loan is 12 months.
The maximum repayment tenure of Bajaj finserv's Personal loan is 7 years
Yes, you can apply for a Bajaj Finserv Personal Loan anywhere from India as it holds a PAN India access
The minimum required salary to apply for a Bajaj Finserv Personal Loan is Rs. 40,000 Monthly.
To apply for Bajaj Finserv Personal Loan your Minimum CIBIL score must be 686
No, to apply for Bajaj Finserv Personal Loan your Minimum CIBIL score must be 686
Yes, to apply for Bajaj Finserv Personal Loan your Minimum CIBIL score must be 686
You can go to the official website of Bajaj Finserv or you can also switch to ReferLoan for an easy and smooth loan application process.
Yes, Bajaj Finserv accepts minus CIBIL scores for Personal loans but only if the applicant holds any previous loan record.
The minimum required age to apply for Bajaj Finserv Personal Loan is 25
The maximum required age to apply for Bajaj Finserv Personal Loan is 59
No, Bajaj Finserv doesn’t offer funding to the Proprietorship Firm Employees.
No, Bajaj Finserv doesn’t offer funding to the Partnership Firm Employees too
If you are planning to apply for a Bajaj Finserv Personal Loan, your minimum employment period must be 6 months.
The minimum vintage of the applicant’s employer must be 2 years to apply for Bajaj Finserv Personal Loan
No, it is not mandatory to provide a Co-applicant to apply for Bajaj Finserv Personal Loan
No, Bajaj Finserv doesn’t fund NRIs for Personal Loans.
The job profile of the Police is considered as a negative profile in Bajaj Finserv's Personal Loan.
No, the job profile of the Real Estate Profession is considered a negative profile in Bajaj Finserv's Personal Loan.
No, employees of D grade occupation are considered as a negative profile in Bajaj Finserv’s Personal Loan.
No, jewellers are considered as a negative profile in Bajaj Finserv’s Personal Loan.
The allowance of partial payment in Bajaj finserv's personal loan will be varied from case to case.
The foreclosure interest on Bajaj Finserv's Personal loan is 4.50%+GST
No, police officers are not eligible to apply for Bajaj Finserv Personal Loan.
Yes, MCD employees are applicable to apply for the Bajaj Finserv Personal Loan
Yes, You can apply for Bajaj Finserv Personal Loan if you receive your salary through NEFT
Yes, You can apply for Bajaj Finserv Personal Loan if you receive your salary through RTGS
Yes, You can apply for Bajaj Finserv Personal Loan if you receive your salary through Company Transfer.
No, you can’t apply for a Bajaj Finserv Personal Loan if you are receiving our salary in cash.
No, you can’t apply for Bajaj Finserv Personal Loan if you are receiving our salary through UPI.
Bajaj Finserv takes 3 days for the disbursement of a personal loan
Bajaj Finserv takes 1 day for the confirmation of a personal loan
Yes, you can apply for Bajaj Finserv Personal Loan online
The customer care number of Bajaj Finserv is 8698010101
Yes, you can easily apply for Bajaj Finserv Personal Loan online.
ReferLoan is a Marketplace which connect Financial institutes with prospective users through its integrated approach. ReferLoan helps users to increase their CIBIL Score and finding the best Financial Products from the available Financial Institutions. ReferLoan is the only Market Place which helps the users to explore the opportunities in Debt as well as in Equity.
Copyright 2023 © Referloan.in.