Bajaj Finserve Personal Loan

Apply Online for Bajaj Finserve Personal Loan!

apply for a Bajaj Finserve Personal Loan

Personal loans can really come handy when stuck in an emergency. One may also use it for travelling to a dream destination, renovating a house or to consolidate debt across different banks or even credit cards. Bajaj Finserve's personal loan starts @10.99%*.

Bajaj Finserve Personal Loan Interest Rates

Note: *Part-prepayment made should be more than 1 EMI.

Charges Charges Details
Interest Rate (Monthly reducing balance) 13.99% Per Annum
Loan Amount Upto Rs 25 Lakhs
Loan Processing Charges 2.25% - 3% of the loan amount
EMI bounce charges Rs. 1,200 per bounce
Secure fee (only for online approvals) Rs. 4,499
Penal interest 2.38 % default interest including taxes per month
Foreclosure Charges More than 1 month from date of loan disbursal - 4% plus applicable taxes on principal outstanding*
Part-prepayment Charges More than 1 month from date of loan disbursal - 2% plus applicable taxes on part-payment amount paid*

Note: Charges are at the discretion of Bajaj Finserve. These are only indicative and subject to changes at any point of time.

Documents Required for Bajaj Finserve Personal Loans

List of documents for Salaried

  • Proof of Identity:- Passport / Driving License / Voters ID / PAN Card (any one)
  • Proof of Residence:- Leave and License Agreement / Utility Bill (not more than 3 months old) / Passport (any one).
  • Latest 3 months Bank Statement (where salary/income is credited).
  • Salary slips for last 3 months.
  • 2 Passport Size photographs.
loan for salaried individuals

loan for salaried individuals

List of documents for Self-Employed

  • KYC Documents : Proof of Identity; Address proof; DOB proof.
  • Employee ID card
  • Salary slips of the previous 2 months
  • Proof of Residence:- Leave and License Agreement / Utility Bill (not more than 3 months old) / Passport (any one).
  • Latest 3 months Bank statement.
  • Proof of residence or office ownership.
  • Proof of continuity of business.
  • Note: *Please note that the list is indicative. Additional documents may be needed during loan processing.

Bajaj Finserve Personal Loan Interest Rates
Know all about Bajaj Finserve's personal loan interest rates for corporates and salaried individuals. Visit

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For your ease, we have create an easy to read table for persoanl loan EMI For Rs 1 lakh @10.99%p.a.

LOAN AMOUNT INTEREST RATE TENURE MONTHLY LOAN INSTALMENT(Rs.) TOTAL INTEREST AMOUNT(Rs.) TOTAL AMOUNT REPAID(Rs.)
1,00,000 13.99% 1 yr 8,978 7,740 1,07,740
1,00,000 13.99% 2 yr 4,801 15,220 1,15,220
1,00,000 13.99% 3 yr 3,417 23,023 1,23,023
1,00,000 13.99% 4 yr 2,732 31,141 1,31,141
1,00,000 13.99% 5 yr 2,326 39,576 1,39,576

Note: Charges are at the discretion of Bajaj Finserve. These are only indicative and subject to changes at any point of time.

Bajaj Finserve Personal Loan Eligibility

As per Bajaj Finserve norms, the following are the eligibility criteria for applying for a personal loan

For Salaried Individuals

1. The age of the loan applicant must be between 25 years and 58 years.
2. Minimum Net Monthly Income of the applicant should be ₹ 37,000/Month-
3. For Delhi & Mumbai applicants the minimum Net Monthly Income ₹37,000/Month
4. For Ahmedabad, Chandigarh, Cochin, Jaipur, Kolkata, Nagpur applicants the minimum monthly income of ₹32,000/-
4. For Aurangabad, Baroda, Bhubaneswar, Indore, Madurai, Mysore, Nasik, Trivandrum, Vijayawada, Vizag, Trichy, Calicut, Bhopal, Goa, Kolhapur, Raipur, Vapi, Jamnagar, Jodhpur, Lucknow, Rajkot applicants the minimum monthly income of ₹27,000/-

Self-employed Individuals and Working Professionals

1. The age of the loan applicant must be between 28 years and 65 years (Minimum 25 years for Doctors)
2. Minimum turnover of the business of the applicant must be ₹40 lakhs in case of non-professionals
3. Minimum turnover of the business of the applicant must be ₹15 lakhs in case of professionals
4. Minimum profit must be ₹2 lakhs for self-employed individuals and proprietors (tax excluded)
5. Minimum profit must be ₹1 lakh for non-professionals (tax excluded)
6. Minimum 5 years experience in business (3 years for doctors)
7. The applicants should have a relationship with the Bajaj Finserve for a minimum of 1 year like an account holder or an existing loan customer wherein the loan is either running or would end in the initial 36 months of the loan tenure

How to Apply for Bajaj Finserve Personal Loan

At Bajaj Finserv, the application process is simple and easy. There is no collateral needed. One can apply for loan online and also get instant approval. All details like personal loan eligibility and interest rates and charges as well as personal loan documents are listed here.

Bajaj Finserv Personal Loan Customer Care Number

It easy to reach out to Bajaj Finserv for all your queries or grievences pertaining to loans. A borrower can contact the company on the toll-free no.: 020 3957 4151.

Instant Personal Loan

Bajaj Finserve is commited to offereing you instant personal loan solution. If you meet their personal loan eligiblity criteria and fulfil their document requirements, you can be assured of getting the loan approved without any hassel.

Personal Loan Purposes

One can avail personal loan for the following purposes

Bajaj Personal Loan EMI Calculator
Personal Loan EMI Calculator is quick and efficient. Just input your loan requirement, loan tenure and interest rate and you get to see your monthly loan instalment andloan ammortization schedule in seconds.Crefite's Personal Loan EMI Calculator helps you to arrive at the EMI that suits your wallet and repaying capacity. Visit

Explore Bajaj Finserve personal loan EMI calculator now!