Bajaj Finserv personal loan | Interest Rates | Approval in 2hrs

Bajaj Finserv Personal Loan Bajaj Finserv personal loans apply online – Get Instant quotes on Interest rates 2016, Documents, Eligibility Criteria, Latest offers. ✍ 30 minutes Guaranteed approval. EMI Calculator only at
Bajaj Finserv offers a loan for a wedding (marriage), vacations, to fund a special purchase or a loan for medical emergencies or a need of cash.

Latest Update June 2016: Foreclosure Charges: 4% of Principle Outstanding for all product. Part Payment: 0% (Subjected to Less then 25% of Principle Outstanding on 1 April of every financial Year). 4% (Subjected to More then 25% of Principle Outstanding on 1 April of every financial Year)

Bajaj Finserv Personal Loan Details

Interest rates 14.50% – 16.00%
Processing fees Upto 2.00%
Foreclosure charges 4.00%
Repayment options Upto 6 years
Maximum loan amount Rs.25 Lakh
Loan approval time 30 Minutes
Min. Income Rs.30000 pm

Compare Bajaj Finserv Personal Loan | Interest Rates | Eligibility

Loan Amount

Employment Status

Festive Offer: Get gifts upto Rs 18,490 on disbursal of loan. T & C apply.

Interest Rates of Bajaj Finserv Personal Loans: Updated as on 02 june 2016

CAT A CAT B Others
14.50% To 16.00% 16% 16.5% – 17%

Foreclosure Charges: 4% of Principle Outstanding for all product.
Part Payment: 0% (Subjected to Less then 25% of Principle Outstanding on 1 April of every financial Year).
4% (Subjected to More then 25% of Principle Outstanding on 1 April of every financial Year)
For Flexi Loan: 0% Part Payment Charges

Why to choose Bajaj Finserv for personal loans in India:-

✓ Approved loans up to Rs. 25 lacs

✓ Upto 6 times part payment option available

✓ Nil Foreclosure charges / Pre Payment Penality
Pre-approved Offers – If you are existing customer of Bajaj Finserv, you get latest pre approved offers on time to time from bajaj finserv.

Minimum income or Salary eligibility criteria for Bajaj Finserv (Finance) personal loan:

You are a salaried professional.
Minimum Income of 40000 per month required for Ahmadabad, Bangalore, Chennai, Cochin, Coimbatore, Delhi, Faridabad, Ghaziabad, Gurgaon, Hyderabad, Jaipur, Kolkata, Mumbai, Nagpur, Pune, Noida, Surat and Thane customers.
30000 Income per month required for customers from Aurangabad, Baroda, Madurai, Nasik, Vizag city.
25000 income per month required for Trivandrum, Vijayawada borrowers.

Bajaj finance personal loan emi calculator – Calculations

EMI Calculation Per Lac for Bajaj Personal Loans as per Loan Tenure Period

Loan Amount Repayment Time Interest Rate EMI Per Month
Rs.1,00,000 1 year 15.00% – 17.00% Rs.9026 – Rs.9120
Rs.1,00,000 2 year 15.00% – 17.00% Rs.4848 – Rs.4944
Rs.1,00,000 3 Year 15.00% – 17.00% Rs.3466 – Rs.3565
Rs.1,00,000 4 Year 15.00% – 17.00% Rs.2783 – Rs.2885
Rs.1,00,000 5 Year 15.00% – 17.00% Rs.2378 – Rs.2485

Now you have to just multiply your loan amount with EMI per Month

Example – You opt 3.5 Lakh Loan amount for 3 Year so your emi calculation will be 3.5 x Rs.3466 = Rs.12131.00

Which are the Documents required for Bajaj Finserv Lending Personal Loan:


Documents Required for a Personal Loan


Color Passport size photograph (signed across the photograph)


Salary slips of last 3 months Latest 2 months salary slip

Bank Statements

Latest 3 months salary account bank statement

Employment Proof

Employee ID Card and Visiting card

Work Experience Document

Current employment Appointment Letter / Form 16 / 1 year old salary slip
Previous employment Appointment letter / Form 16 / Promotion letters/ transfer / confirmation letters / previous salary slip


Identity Proof Passport / Voters ID card / Driving License / PAN Card
Address Proof Passport / Driving License / Ration card / Latest Mobile Bill / Letter from Employer (with HR /Admin sign)
Signature Proof Passport / PAN Card / Driving License / Photo Credit card (front only) / Banker Verification Letter
Age Proof Passpor t/ PAN Card / Driving License / Birth Certificate

Bajaj Finserv Personal Loan Faqs

Question: Can borrower make part payments on bajaj finserv personal loan?
Answer. Yes, you can prepay you loan any time.
Question. What are the minimum and maximum loan amounts in Salaried Personal Loans?
Answer. you can fetch around 1 lakh of minimum & 25 lakh of maximum loan amount.
Question. What are the tenor / repayment options available?
Answer. You can choose a emi/repayment ranging from 12 to 60 months. You can repay the loan in Equated Monthly Installments (EMI’s) using the ECS facility or through post-dated cheques.
About Bajaj Finserv:
Bajaj Finserv are the most diversified non-bank in the country, financing the widest set of outcomes, supporting customers biggest pursuits. Bajaj Finserv ltd. is the most popular non banking financial company in India. Aprt from personal loan it deals in Two wheeler loans, home loans, loan against shares, loan for doctors, consumer products finance & Credit Cards. Be it the desire for a bigger lifestyle to buying your home, indulging in that much deserved family holiday to expanding your business or making that big acquisition, whatever be your plan, Bajaj Finserv Lending have the capability to support every time you need it.
With 24 products across 12 product lines, we’re one of the fastest growing and most diversified NBFCs in the INDIA. Bajaj Finserv has 150 branches and presence in over 7000 retail outlets. Bajaj Finserv recognized as one of the Best Employers in India, for the second year in a row in the Aon Hewitt Best Employers Study, 2015. This prestigious award was conferred to bajaj finance at an awards ceremony held in Mumbai, on 17 April 2015. 10 Best Multinational Workplaces in Asia 2015. Bajaj Finance Limited has been ranked amongst the top 25 best places to work in Asia by the Great Place to Work (GPTW) Institute.

Other Products of Bajaj Finserv Are:

Bajaj Finserv Home Loan
Bajaj Finserv Credit Card
Bajaj Finserv Flexi Loan
Bajaj Finserv EMI Card

Contact Bajaj Finserv:

You can visit branch or call Bajaj Finserv Toll Free Number @ 1800-103-3535

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