Bajaj Finance Personal Loan

Bajaj Finance Personal Loan is a loan that is required to meet your different financial urgencies. It is an unsecured loan as you do not need to keep any collaterals.

Why choose Bajaj Finserv  Personal  Loan?

Bajaj Finance Personal Loan is instant finance; a person can avail that within 2-3 working days with the least documentation requirements.

  1.  Firstly quite flexible as well as low-interest rates
  2.  Secondly, the maximum limit of loan amount is 25 lacks.
  3.  After that, online approval of the loan instantly
  4. Moreover, Least documentation and 100% transparency
  5. Quite low processing fees and no hidden charges
  6. Lastly, repayments are very flexible from 12 to 60 months

Bajaj Finance Personal Loan Interest Rates

The Interest Rates of Bajaj Finance Personal Loan will completely depend on the customer’s credit score, bank relations, credit history, and the internal policies of the banks. The present Bajaj Finance Personal Loan Interest Rates is 12.99%, and its processing fee is 2.25%- 3%.

Bajaj Finance Personal Loan Eligibility Criteria

Eligibility criteria set by the Bajaj Finance Personal Loan is based on the following:-

  1. Salaried
  2. Self-employed

Both applicants have different standards:

  1. Salaried

  • The age of the applicant must be from 21 to 60 years.
  • They need to submit their bank statement, salary slip, and the salary should be minimum up to 12,000 per month.
  • The person must have a good credit history.
  • Should have work experience up to 3 years
  1. Self-employed

  • The age of the applicant must be above 25 years
  • The applicant must file the ITR of the last three years
  • The ITR must be 2.5 lakh per annum at least
  • The credit score of the applicant must be good

Bajaj Finserv Personal Loan Documentation

  1. ID Proof:-(Passport/ID card/Voter card/ Driving license/Aadhar card) Any one of them can be used, so there should be no issues in the submission of the documents.
  2. Residence Proof:-:-(Passport/ID card/Voter card/ Driving license/Ration card/Aadhar card) If an applicant is living in a rented apartment, they must submit their rental agreement.
  3. Two colored passport sized photographs are required.
  4. The applicant has to submit their PAN card

Bajaj Finance Personal Loan Tenure

The tenure of the Bajaj Finance Personal Loan is between 1 year up to a maximum of 5 years.

About Bajaj Finserv

Bajaj Finance is a non-banking financial company. It deals with consumer finance, small and medium-sized enterprises, commercial lending, and wealth management. For any queries related to the Bajaj Finance, Personal Loan fell free to contact us.