Upto Rs.25,00,000 – Bajaj Finserv Personal Loan

Bajaj Finserv was founded in the year 2007 after its separation from Bajaj group. It has around 7000+ branches spread in over 115 cities to provide the financial services to the consumers.

In this post, I’ll cover the details of how to avail the personal loan at Bajaj Finserv, its features, eligibility, contact details, and many mroe.

Loan Details

Sl. No.CategoryData
1Loan amountUp to 25 Lakhs
2Age23 years or above
3TenureUp to 5 years (60 months)
4Interest rates13%
5EMI bounce feeRs 600 + GST
6Pre-payment charge2% + GST
7Processing charge4.13%
8CIBL scores750 or more
9Lowest EMIsRs 2,275 per Lakhs

Steps to apply for Bajaj Finserv Personal loan

Step-1: Click “Apply online” to their online loan application form

See also  Upto Rs.10,00,000 - Bank of Baroda Personal Loan

Step-2: Fill in few data and verify your device by entering OTP you received for verification

Step-3: Enter your KYC details and income details

Step-4: Choose how much loan amount you want to take

Step-5: Submit the form and the bank agent would contact you soon regarding loan approval


The features of Bajaj Finserv personal loan are:

  • No collateral or security is needed
  • Quick loans up to 25 Lakhs
  • The disbursal of loan within 1 day
  • Less paperwork
  • Flexible loan tenure up to 5 years

Types of Personal Loan offered at Bajaj Finserv

There are around different types of personal loan offered to the individuals by Bajaj Finserv bank and they’re:

  1. Marriage loan: Covering the wedding expenses
  2. Education loan: Covering the study expenses
  3. Medical loan: Covering the urgent medical expenses
  4. Travel loan: Covering the travel expenses
  5. Flexi loan: For premium users with flexible loan re-payment facility
  6. Pre-approved loan: For existing Bajaj Finserv users having worthy-credit scores
  7. Government employees loan: For government firm workers covering their personal needs
See also  Upto Rs. 50,00,000 - DBS Bank Personal Loan

Eligibility Criteria

To be eligible for applying a personal loan at Bajaj Finserv, one should come under these conditions:

  • Age: Between 23 to 58 years
  • CIBL score above 750
  • Should be a PR of India
  • Working in a public/private reputed firm
  • Minimum net income as per regions:
    • Rs. 35,000 for Pune, Mumbai, Hyderabad, Bangalore, Delhi, Coimbatore, Ghaziabad, Chennai, Noida, Thane
    • Rs. 30,000 for Ahmedabad, Kolkata
    • Rs. 28,000 for Nagpur, Surat, Jaipur, Chandigarh, Cochin
    • Rs. 25,000 for Jamnagar, Kolhapur, Raipur, Madurai, Mysore, Bhopal, Trichy, Trivandrum, Vapi, , Bhubaneswar, Vizag, Nasik, Aurangabad, Calicut, Rajkot, Vijayawada, Jodhpur, Goa, Lucknow, Baroda, Indore

Required Documents

The required documentation for applying a personal loan at Bajaj Finserv bank are as follows:

  1. KYC (Aadhar card/PAN card/Birth certificate)
  2. Employee/worker ID card
  3. Income slips
  4. Residential proof (Passport/Ration card)
  5. Bank statements

Comparison of Bajaj Finserv personal loan with other banks

Sl. No.Bank NameInterest ratesLoan amountProcessing charge (without GST)
1ICICI10.5-19%25 Lakhs2.25%
2Citi10-16%30 Lakhs2%
3HSBC9.7-15%30 Lakhs1%
4Axis10.25% onwards15 Lakhs2%
5IDBITill 14%10 Lakhs2%
6Deutsche9.9-11.4%15 Lakhs2%

Check Status

You can easily track your personal loan status using the following button:

Contact Details

Visit any branch of Bajaj Finserv

See also  Interest Rate @18% pa - PayMe India Instant Personal Loan

SMS: “SOL” on +91 97736 33633

Mobile app download: Message “APP” on +91 92275 64444

Official website: Visit now


1]. Can Bajaj Flexi loan be blocked?

Your decreasing credit score, Bouncing EMIs can cause a blockage to your Bajaj Flexi loan.

2]. Can I pre-pay a personal loan?

Yes, you can do it 6 times in a year.

3]. What is the standard CIBL score for applying to Bajaj Finserv personal loan?

Score above 750 is the minimum requirement.

4]. What is the principle advantage of applying online for personal loan?

The main benefit is the loan approval is done within 5 minutes of your application.

5]. How can I calculate my EMIs for personal loan at Bajaj Finserv?

You can use our utilloans EMI calculator for calculating EMI for personal loan at Bajaj Finserv.

Leave a Comment