₹3 Lakh Personal Loan

On Bajaj Markets, you can get a ₹3 Lakh loan at interest rates starting from just 9.99% p.a. Furthermore, you can repay the amount over periods of up to 96 months as per your convenience. You can choose from over 15 prominent lenders in India to find an option that best suits your needs.

The interest rates offered by lenders who provide a ₹3 Lakhs loan on Bajaj Markets are as follows:

To enjoy a lower EMI for a personal loan of ₹3 Lakhs, you can opt for a longer tenure. How does the repayment period affect your monthly instalments? Let’s understand this with a simple illustration. Assume you got a loan of ₹3 Lakhs and were offered an interest rate of 9.99% p.a. Let’s check how the tenure affects your loan instalments:

Here are some common criteria you should fulfil to be eligible for a personal loan of ₹3 Lakhs:

• Your age should be between 18 and 68 years 

• You should be self-employed or salaried

• You should have a stable source of income

• You should have a minimum work experience of 2 to 3 years

• You should ideally have a CIBIL score of 750 or more

Alongside this, keep the following documents handy for a smooth loan application process:

• Income proof: 

  1. Bank statement 

  2. Salary slips

• Address proof: Any one of the following

  1. Aadhaar card

  2. Voter ID

  3. Passport

  4. Utility bills

  5. Driving licence

• Identity proof: Any one of the following

  1. Aadhaar card

  2. Voter ID

  3. PAN card

  4. Driving licence

  5. Passport

• 2 passport-size photographs

The eligibility and documentation requirements may vary depending on the lender you choose. Ensure to get a complete list of the criteria and documents required before applying for the loan.

Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.