Borrow up to ₹35 Lakhs with a Bajaj Finance Personal Loan on Bajaj Markets
Avail Instant Personal Loans ✓ Loan up to 50 Lakhs ✓ Quick Disbursal ✓ Minimum Documentation!
If you are looking to maintain an emergency fund or need easy access to high amounts, apply for a Bajaj Finance Personal Loan on Bajaj Markets. Borrow amounts of up to ₹35 Lakhs and benefit from tenures ranging up to 8 years. Opt for a term loan or a flexi personal loan, depending on your repayment capability and financial situation.
Bajaj Finance Personal Loan interest rates and associated charges are as follows:
Interest Rate |
10% to 31% p.a. |
Processing Charges |
Up to 3.93% (Inclusive of applicable taxes) of the loan amount |
Part-prepayment Charges |
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Loan Foreclosure Charges |
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AMC |
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Penal Charges |
Delay in payment of instalment(s) shall attract Penal Charge of ₹6 - ₹12 per day per instalment from the respective due date until the date of receipt of the full instalment(s) amount. |
Bounce Charges |
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Stamp Duty |
As per the laws of the state |
Broken Period Interest (BPI) |
Method of recovery of "Broken Period Interest/Pre monthly instalment Interest" would be as follows:
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Flexi Facility Charge |
Term Loan - NA Flexi Hybrid Loan -
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*Disclaimer: The details mentioned are subject to change at the lender’s discretion.
For Microfinance Loans, please note below:
Purchase of any non-credit product by the microfinance borrowers is purely on a voluntary basis. Minimum interest, Maximum interest and average interest are 11%, 32% and 27.01% per annum respectively. Part pre-payment and Foreclosure charges are nil.
Why Choose Bajaj Finance Personal Loan on Bajaj Markets
No Collateral Needed
Get a personal loan from Bajaj Finance, without having to submit any of your assets as collateral
Competitive Interest Rates
The interest rates start from just 10% p.a.
Interest only EMIs for Initial Tenure Phase
Pay just the interest component during the initial phase of the repayment tenure with the Bajaj Flexi Loan variant
Flexible Repayment Tenure
Repay the loan amount over tenure ranging up to 96 months
Transparency in Charges
Bajaj Finance is completely transparent regarding the charges applicable to your loan
Ensure that you meet the Bajaj Finance Personal Loan eligibility parameters when applying for a loan:
You must be a citizen of India
You must be a salaried individual
You must fall under the age bracket of 21 to 65 years
You must be an employee of a private company, a public company, or an MNC of repute
Your minimum monthly salary should be ₹25,000
- You must have a CIBIL score of 685 or above
Make sure to have the required documents handy during the loan application process. These include:
Any one of the following:
Aadhaar card
Passport
Driving licence
Voter ID
Salary slips of the last 3 months
Bank statement of the last 3 months
PAN card
In case of any issues or queries, reach out to the customer support team of Bajaj Finance by using the following details:
Phone Number: 086980 10101
E-mail ID: wecare@bajajfinserv.in.
Address: 6th Floor, Bajaj Finserv Corporate Office, Off Pune-Ahmednagar Road, Viman Nagar, Pune - 411014
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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.
Frequently Asked Questions
Can I get a personal loan from Bajaj Finance?
Yes, you can easily get a personal loan from Bajaj Finserv. All you must do is fulfil the basic eligibility criteria, fill up the application form, and upload the required documents on theBajaj Markets portal.
Why should I apply for a Bajaj Finance Personal Loan?
With a personal loan from Bajaj Finserv, you can borrow up to ₹35 Lakhs at interest rates starting from just 10% p.a. Furthermore, you can repay the loan over flexible tenures of up to 8 years.
Can I avail a personal loan from Bajaj Finance if I am self-employed?
No. To apply for a personal loan from Bajaj Finance on Bajaj Markets, you must be a salaried individual.
What is the minimum and maximum loan repayment tenure for a personal loan from Bajaj Finance?
The minimum and maximum loan repayment tenures are 12 months and 96 months, respectively.
What is the cooling-off or look-up period?
If you wish to cancel/exit the loan, you have a window of 3 days from the loan booking date to do so. Within this cooling-off period, you can assess the loan's rates, terms, and conditions.
Also, you will be required to repay the principal amount and the Annual Percentage Rate (APR) charged without paying any penalty. After this period concludes, standard prepayment charges will be applicable, as per RBI guidelines.
For cancellation of the loan during the cooling-off/look-up period, you can visit the customer portal at https://www.bajajfinservmarkets.in/custaccount/#/contact, call on 8698010101, or write to BFL at wecare@bajajfinserv.in . For more details, visit https://www.bajajfinserv.in/
What are the factors that affect the interest rate of a Bajaj Finance Personal Loan?
Your credit score, income, employment stability, required loan amount, preferred tenure, and relationship with your lender can have an impact on the interest rate offered to you.
Can I foreclose or prepay my Bajaj Finance Personal Loan?
You can make part prepayments or foreclose your personal loan from Bajaj Finance. However, you will be required to pay certain penalties and charges for using this facility.
