Bajaj Finserv Personal Loan

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Max. Loan Amt.

Up to ₹50.00 Lakh

Rate of Interest

10.00% - 31.00%

Tenure up to

1 - 8 Years

Processing Fee

₹Up to 3.93%

Quick ApprovalFlexible Tenure

Check Eligibility

Features & Benefits of Bajaj Finserv Personal Loan

• High Loan Amount – Avail personal loans up to Rs 55 lakh
• Flexible Tenure – Repay conveniently with tenures ranging up to 8 years
• Attractive Interest Rates – Interest rates starting from 10% p.a. onwards
• Quick Approval – Get instant approval on your loan application

Bajaj Finserv Personal Loan Interest Rates

Bajaj Finserv offers personal loans at competitive rates starting from 10% p.a. onwards. The final rate depends on factors such as credit score, income, employment type, age, and debt-to-income ratio. Existing Bajaj Finserv customers may also get more favourable rates.

Bajaj Finserv Personal Loan EMI Calculator

Types of Bajaj Finserv Personal Loans

Bajaj Finserv offers a wide range of personal loans catering to salaried professionals, doctors, chartered accountants, and individuals with urgent financial needs. Below are the different personal loan schemes:

1. Personal Loan for Salaried Individuals

• Purpose: To meet expenses related to travel, weddings, medical emergencies, education, debt consolidation, home renovation, and more.
• Loan Amount: Up to Rs 55 lakh
• Tenure: Up to 8 years
   

2. Personal Loan for Doctors

• Purpose: Designed to cover both personal and professional requirements such as clinic renovation, practice expansion, and upgradation of medical equipment.
• Loan Amount: Up to Rs 80 lakh
• Tenure: Up to 8 years
   

3. Personal Loan for Chartered Accountants

• Purpose: Tailored for CAs to finance personal or professional needs including office renovation, business expansion, travel, weddings, debt consolidation, etc.
• Loan Amount: Up to Rs 75 lakh
• Tenure: Up to 8 years
   

4. Insta Personal Loans

• Purpose: Pre-approved loans available to select customers for weddings, home renovation, medical emergencies, and other urgent needs. These loans come with minimal or no documentation.
• Loan Amount: Up to Rs 15.50 lakh
• Tenure: Up to 8 years
• Special Feature: Quick disbursal within 30 minutes to 4 hours.
   

5. Flexi Personal Loan

• Purpose: Offered as an overdraft facility, this allows customers to withdraw funds from a pre-approved limit and repay as per convenience. Interest is charged only on the amount withdrawn.
   

6. Other Personal Loan Schemes

• Wedding Loan: To cover wedding expenses including jewellery, venue, décor, photography, and entertainment.
• Personal Loan for Medical Emergencies: For planned or unplanned medical needs like hospital bills, cosmetic treatments, surgeries, and diagnostics. Pre-approved options available for select customers.
• Loan for Higher Education: To fund children’s higher education expenses, especially where regular education loans may not be accessible.
• Personal Loan for Home Renovation: To finance home repairs, furnishings, renovations, and purchase-related costs.

 Bajaj Finserv Personal Loan Fees and Charges

Annual Maintenance Charges

Eligibility Criteria for Bajaj Finserv Personal Loan

Bajaj Finserv evaluates loan applications based on age, profession, income, nationality, and credit score. Below are the key eligibility requirements:

General Eligibility

• Age: 21 – 80 years
• Nationality: Indian
• Eligible Applicants: Salaried & Self-employed
• Profession: MNC, Public sector, or Private company employees
• CIBIL Score: 685 or above
   

For Chartered Accountants

• Minimum 2 years of professional experience
• Must own a house or office in a city where Bajaj Finserv operates
   

For Doctors

• Minimum Age at Application: 22 years
• Maximum Age at Loan Maturity: 80 years
• CIBIL Score: 685 or above
• Must have a valid medical registration with the Medical Council

Documents Required for Bajaj Finserv Personal Loan

For Salaried Applicants

• KYC Documents (PAN Card, Aadhaar Card, Passport, Voter ID, Driving License)
• Last 3 months’ salary slips
• Employee ID card
• Last 3 months’ bank statements
• Letter of Allotment of Accommodation issued by the employer (if applicable)
   

For Chartered Accountants

• KYC Documents (PAN, Aadhaar, Voter ID, Passport, Driving License, etc.)
• Address Proof (electricity bill, rent agreement, passport, etc.)
• Certificate of Practice
• Ownership proof of at least one property
   

For Doctors

• KYC Documents (PAN, Aadhaar, Voter ID, Passport, Driving License, etc.)
• Medical Registration Certificate
• PAN Card
• NPR/NREGA Job Card (if applicable)

Bajaj Finserv Customer Care

• Helpline Number: +91-8698010101
• For grievance redressal and detailed assistance, applicants can also connect through Bajaj Finserv Customer Care portal or regional service centres.