Bajaj Finserv Personal Loan

Bajaj Finserv offers personal loans to their customers at an affordable interest rate starting from 12%.The loan is especially 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.

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Why Choose Bajaj Finserv Personal Loan?

You can benefit from the attractive rate of interest 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. 20 lacs
  • Instant online loan approval
  • Easy documentation process & 100% transparency
  • Flexible repayment options, ranging from 12 to 60 months
  • Zero Hidden Charges and Low Processing Fee
  • Check personal loan eligibility
  • Calculate personal loan EMI
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Bajaj Finserv Interest Rate

The rate of interest will range from 12% to 16% p.a. It will depend on the customer’s credit score, credit history and the relationship with the bank, and finally the bank’s internal policies.


Starting From Rs. 1,00,000 up to Rs. 20 lakhs

Interest Rate 12% to 16%
Processing Fee 1.5% to 2% of the disbursed loan amount
Loan Tenure 12 to 60 months
Age 25 years to 58 years
Prepayment Charges 2% of the principal outstanding

Bajaj Finserv Personal Loan FEATURES AND BENEFITS

Instant Loan Processing

Bajaj Finserv provides easy and fast personal loans for your financial needs. You can get end-to-end support in every step of the loan application. From filling up the online form to the disbursal, all steps are completed quickly i.e. within 2 to 3 business days. After you submit your application, you will get an instant approval and will get money in your account within 2 days. What you need to do is to fill up a simple online form and upload your documents. Before doing so, it is advisable to check your personal loan eligibility.

Quick Disbursal of Funds

Once you submit your online personal loan form, you get an instant decision based on your profile. If you fulfill the eligibility criteria, your application would get approved instantly. Your loan amount will be deposited in your bank account within 72 hours of approval.

Loan Amount

If you require a big loan amount, Bajaj Finserv is the ideal choice for you. It provides a personal loan up to Rs. 20 Lakh. You can repay the loan in easy installments over a time period of 2 to 5 years.

Flexi Loans

Flexi Loans were the first to be introduced by the company to provide borrowers with the flexibility to pay loans as per their convenience. Flexi loan let you save interest on your loan through pre-payment. Moreover, it also gives you the option to take back the prepaid amount any time during the loan period. It is a simple self-service process that is convenient for the customer.

Exclusive Offers for Existing Customers

An existing customer of Bajaj Finserv can avail pre-approved personal loan offers from the company. Such offers are generally equipped with attractive loan rates and low processing charges.


The lending process and cost structure of Bajaj Finserv personal loans are transparent. You can view all the information regarding your personal loan online. Moreover, you can keep a track of your repayments, payment schedule, and other things through the customer portal.

Bajaj Finserv Personal Loan Fees & Charges
Processing Fee Bajaj Finserv charges a processing fee of 1.5% to 2% of the loan amount.
Foreclosure Charges In case you want to repay your entire loan amount before the loan period ends. Bajaj Finserv allows prepayment by charging 2% of the outstanding amount.
Bajaj Finserv Personal Loan Eligibility Criteria

To avail a personal loan, an applicant has to fulfill certain conditions set by the service provider. All banks and NBFCs follow a standard guideline issued by RBI. Bajaj Finserv will provide you a loan if you fulfill following conditions.


If you have an Indian Citizenship


Your age is between 25 to 58


At least 3 years of experience

Further, there is a salary eligibility criteria depending on your location.

Cities Minimum Salary Requirement Per month
Aurangabad, Baroda, Bhubaneswar , Indore, Madurai, Mysore, Nasik, Trivandrum, Vijayawada, Vizag Rs. 30,000
Chandigarh, Cochin, Jaipur, Nagpur Rs. 35,000
Ahmedabad, Bangalore, Chennai, Coimbatore, Delhi, Faridabad, Ghaziabad, Gurgaon, Hyderabad, Kolkata, Mumbai, Noida, Pune, Surat, Thane Rs. 35,000
Bajaj Finserv Personal Loans Documents Required


Identity Proof

PAN card/Passport /driving license /Voters ID card


Address Proof

Ration card / Passport / Recent mobile bill / Driving license/Aadhar Card


Employment Proof

Letter from employer/ Employee ID card / Last 2 months Salary slips / Last 3 months salary bank account statement

Why Should You Apply for Bajaj Finserv Personal Loans at IndiaLends?

Bajaj Finserv Bank has collaborated exclusively with IndiaLends, an online marketplace which offers low-interest personal loans best suited for your needs. If you are seeking a Personal Loan with Bajaj Finserv Bank, you can simply fill up an online loan application form after checking your Bajaj Finserv Bank Personal Loan Eligibility. Moreover, you can use an online Personal Loan EMI calculator available at our website to calculate your affordability.


Personalised Loan Offers

At IndiaLends, you can receive personalised loan offers and best deals at the best rate of interest. This is due to a tie-up with Bajaj Finserv Bank, which helps you get the best deal on your personal loan as per your profile.


Instant Approval

You will get an instant approval on your personal loan after you fill in an easy online application form.


Cash within 2 days

Soon after the loan is approved, the funds are transferred right into the borrower’s bank account within two working days. Thus, we need no room for delay.


Real Time Tracking Facility

After submission of your loan application at IndiaLends, you can track your application online and moreover, will receive updates of your submitted application form using both email and SMS.


Dedicated Customer Support

IndiaLends has a dedicated customer support team and helpline which is always ready to help with any grievances or questions from loan applicants.

How to Apply for Bajaj Finserv Personal Loans at IndiaLends?

At IndiaLends, applying for a Bajaj Finserv Personal Loan is a simple process.



Fill up an online loan application form


Quick Verification

We will review your application and give you a decision within minutes


Loan Disbursal

You will be receiving your cash within two days

We will forward your loan application to your nearest Bajaj Finserv branch. You can also check the status of your loan application through SMS alerts as well as emails.

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