Apply Bajaj Finserv Personal Loan Online

Explore 2017 Interest rates available for Bajaj Finserv Personal Loan. Check eligibility criteria, EMI calculator, documents required and get instant approval.

Bajaj Finserv Personal Loan

Manage all your expenses with the help of Bajaj Finance Personal Loan. Bajaj Finserv caters your all sorts of needs like wedding, vacation, travelling, and many more.

Bajaj Personal Loan Product & Features

Following types of personal loan are provided by Bajaj Finserv-

  • Digital Product Finance Personal Loan
  • Lifestyle Finance Personal Loan
  • Durable Finance Personal Loan
  • Flexi Personal Loan

Following are the features of Bajaj Personal Loan

  • Maximum loan - 25 lakhs
  • 5-minute online personal loan approval and cash in bank in 72 hours
  • Secure fee can be paid by ways of a debit card or through internet-enabled online bank account.
  • Bajaj Finserv offers personal loan with pre-approved offers which are available only for existing customers
  • It also provides for full prepayment and part prepayment of the entire Bajaj Finserv Personal loan amount.

Bajaj Finserv Personal Loan Interest Rates

Below mentioned are the details Personal loan Interest rates offered by Bajaj Finserv -

Interest Rates11.99% – 16.00%
Processing fees Upto 2.00%
Foreclosure Charges Upto 4% post 1st EMI clearance
Repayment OptionsUpto 5 years
Maximum loan amountRs.25 Lakh
Turn Around Time 48 hours
Min. Income40000 – For Metro & 30000 – for Small Cities

Bajaj Personal Loan Eligibility

If you are salaried professional between 25 to 53 years of age, then you are eligible for Bajaj Personal Loan.

Bajaj Personal Loan Documents:

  • Salary slips of the last 2 months
  • Salary account bank statement of the last 3 months
  • Employment proof
  • Employee ID card
  • Identity proof
  • Address proof

Bajaj Finserv Personal Loan EMI Calculator

It is very simple to calculate your EMI with the help of Bajaj Finserv Personal Loan EMI calculator . Use the below mentioned formula to know the exact amount of your EMI-

E = P*r* (1+r)^n/([(1+r)^n]-1)

In above formula,

  • E = Amount that you need to pay as EMI
  • P = Loan amount. This can range from Rs. 100,000 to Rs. 2,500,000
  • r = Rate of interest per month. Current rate is 11.99%
  • n = tenure in month. For Bajaj Finserv, this can be 60 months