Up to ₹50.00 Lakh
10.00% - 31.00%
1 - 8 Years
₹Up to 3.93%
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 Highlights | |
|---|---|
| Interest Rate | 10%-31% p.a. |
| Loan Amount | Rs 40,000 to Rs 55 lakh (up to Rs 15.50 lakh for Insta Personal Loans) |
| Tenure | Up to 8 years |
| Processing Fee | Up to 3.93% of the loan amount |
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Apply NowBajaj 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.
| Loan Type | Interest Rates (p.a.) |
|---|---|
| Personal Loan for Salaried | 10%-31% |
| Personal Loan for Chartered Accountants | 11%-19% |
| Personal Loan for Doctors | 11%-19% |
| Insta Personal Loans | 16%-31% |
Bajaj Finserv Personal Loan EMI Calculator
Total Repayment = Principal + Interest
Monthly EMI
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Total Interest
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Total Repayment
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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.
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Apply NowBajaj Finserv Personal Loan Fees and Charges
| Particulars | Charges |
|---|---|
| Processing Fee |
Up to 3.93% of the loan amount For personal loans for CAs & Doctors: Up to 2.95% of the loan amount |
| Penal Charge | Up to 36% p.a. per instalment from the due date until the date of receipt of the full instalment is made |
| Part Pre-payment Charges | Up to 4.72% of the principal amount of the loan prepaid on the date of such part-payment (Part-payment is not applicable for flexi term loan & flexi hybrid term loan) |
| Full Pre-payment Charges |
– Term Loan: Up to 4.72% on the outstanding loan as on the date of full pre-payment -Flexi Term Loan & Flexi Hybrid Term Loan: Up to 4.72% of the dropline limit as per the repayment schedule as on the date of full pre-payment |
| Bounce Charges |
-Up to Rs 1,200 per bounce; -Rs 700 per bounce for Insta Personal Loans -Rs 1,500 per bounce for CAs and doctors |
| Stamp Duty | As per actuals |
| Flexi Facility Charge |
Term Loan: Not applicable For loan amount less than Rs 2 lakh: Up to Rs 1,999 |
Annual Maintenance Charges
| Term Loan | Not applicable |
| Flexi Term Loan | Up to 0.295% of the dropline limit (as per the repayment schedule) on the date of levy of such charges |
| Flexi Hybrid Loan |
-Up to 0.295% of the dropline limit during initial tenure -Up to 0.295% of the dropline limit during subsequent tenure |
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)
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Apply NowBajaj 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.
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