Bajaj Loan Apply, Interest Rate

Bajaj Finserv offers personal loans to their customers at an affordable interest rate starting from 12%. The loan is specially designed for people who are in need of money and need instant cash to fulfill their demands. Be it renovating your house, paying education fees, covering wedding expenses, etc., a personal loan from Bajaj Finserv is the best option.

Why Choose Bajaj Finserv Personal Loan?

You can benefit from the attractive interest rate and several other product features. Here are a few reasons for choosing Bajaj Finserv Bank for a personal loan.

• Affordable and Flexible Interest Rates
• Personal loan up to Rs. 55 lacs
• Instant online loan approval
• Easy documentation process & 100% transparency
• Flexible repayment options, ranging from 12 to 84 months
• Zero Hidden Charges and Low Processing Fee (up to 3.93%)
• Check personal loan eligibility

Bajaj Personal Loan Interest Rate

• The 10% to 31% p.a. will depend on the customer’s credit score, credit history, and relationship with the bank’s internal policies.

Bajaj Finance Personal Loan Eligibility

To be eligible for a Bajaj Finance Personal Loan, you need to meet the following criteria:

• Age: You must be between 21 and 80 years old at the time of loan maturity.
• Employment: You should be employed with a public, private, or MNC company.
• Nationality: You must be a resident citizen of India.
• CIBIL Score: You need a minimum CIBIL score of 685.
• Income: The minimum net salary requirement varies based on your city of residence.

Documents Required

To apply for a Bajaj Finance Personal Loan, you'll need to provide the following documents:

• KYC Documents: Aadhaar card, PAN card, Voter ID card, Driving license, Passport, Employee ID card.
• Proof of Income: Salary slips for the last three months and bank statements for the previous three months.
• Employee ID Card: To verify your employment status.
• Pension Order (if applicable): For pensioners.
• Property/Municipal Tax Receipt (if applicable): For self-employed individuals.
• Utility Bill: For address verification.
• Real-time Image/Photograph: For identification purposes.

How to Bajaj Loan Apply Online?

Here are the useful steps you might follow:

• Visit the Official Website: Go to the official website of Bajaj Finance.
• Navigate to the Personal Loans Section: Look for the section related to personal loans on the website. This could be easily found in the main navigation menu.
• Check Eligibility: Bajaj Finserv usually provides an online eligibility calculator. Use this tool to check if you meet the basic eligibility criteria for a personal loan. The eligibility criteria may include factors such as age, income, employment status, credit score, etc.
• Fill in the Application Form: If you are eligible, you will be directed to an online application form. Fill in all the required details accurately. This may include personal information, employment details, financial information, and more.
• Choose Loan Amount and Tenure: Specify the loan amount you are looking for and the preferred repayment tenure.
• Upload ents: Bajaj Finserv typically requires certain documents for processing your loan application. These may include proof of identity, address, income documents, etc. Scan or upload the necessary documents as per their requirements.
• Review and Submit: Before submitting your application, carefully review all the details you've entered. Ensure accuracy to avoid delays in the approval process.
• Wait for Approval: After submitting your application, the Bajaj Finserv team will review your application and documents. This process may take some time.
• Loan Approval and Disbursement: If your application is approved, you will receive details regarding the approved loan amount, interest rate, and other terms. The loan amount will be disbursed to your bank account.
• Repayment: Repay the loan in monthly installments as per the agreed-upon schedule.

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