Bajaj Finance Personal Loan Interest Rates
Get a personal loan up to Rs. 35 Lakhs to meet your urgent requirements with Bajaj Finserv at attractive interest rates. Bajaj Finserv personal loan interest rates start at 13% p.a. and come with flexible tenure of up to 7 years.
Rate of Interest On Bajaj Finance Personal Loan
| Type of Fees | Charges Applicable |
|---|---|
| Interest Rates | 14.50% onwards |
| Processing Fees | Up to Rs. 4,999 or up to 2.5% of loan amount |
| Bounce Charges | Rs. 600 – Rs. 1,200 per bounce |
| Penal Interest | 2% to 4% per month + applicable taxes |
| Overdue Charges | Rs. 200 + applicable taxes |
| Secure Fee for Online Approvals | Rs. 4,499 |
| Charges for Outstation Collection | Rs. 65 + applicable taxes |
| Charges for Loan Statement | Rs. 50 |
| Part-prepayment Charges | 2% - 4% of principal outstanding |
| Foreclosure Charges | 4% of principal outstanding + applicable taxes |
| Annual Maintenance Charges for Hybrid Flexi Loan |
|
| Annual Maintenance Charges for Flexi Term Loan | 0.25% on reduced assigned limit + applicable taxes |
Bajaj Finserv Personal Loan Details
Some of the most important Bajaj Finserv personal loan details are:
- Loan amount up to Rs. 35 Lakhs
- Rate of interest 14.50% p.a. onwards
- Tenure of repayment is 12 - 84 months
- The lowest EMI possible is Rs. 1104 Per Lakh
- Processing fee up to Rs. 4,999 or up to 2.5% of the loan amount
- TAT meets basic eligibility criteria and gets paperless loan approval in just 5 minutes of application.
Why Bajaj Finserv Personal Loan?
- Meet basic eligibility criteria and get paperless loan approval in just 5 minutes of application.
- Get a Flexi personal loan and reduce your EMI by 45%.
- Get money credited to your account in 24 hours after approval.
- High loan amount
- Flexible repayment tenure
- Online loan process
- Minimum documentation
- Zero hidden charges
- Pre-approved personal loan offers
How to Calculate Bajaj Finserv Personal Loan EMI?
To Calculate Bajaj Finserv Personal Loan EMI follow the steps mentioned below:
- Click on the Personal Loan EMI Calculator under the Financial Tools tab of the MyMoneyMantra website.0
- Enter the loan parameters like the total amount of loan, interest rate, and tenure as mentioned.
- As soon as you enter the three loan parameters, the EMI amount for that combination of the three loan parameters appears instantly on the webpage.
- Try various combinations of the loan parameters to arrive at an EMI that you find is most suitable for you to service depending on your cash flows.
Bajaj Personal Loan Interest Rate Comparison with Other Banks
Get to know the best personal loan interest rates for yourself. Below is the comparison of Interest rates offered by Bajaj Finserv with other lenders:
How to Apply for a Bajaj Finserv Personal Loan through MyMoneyMantra?
It is very easy to get a personal loan from Bajaj Finserv through MyMoneyMantra. All you need to do is follow the steps mentioned below:
- Visit MyMoneyMantra and click on the Personal Loan tab mentioned under the loans section.
- Click on the Compare & Apply button.
- Fill in the required details, such as your name, mobile number, and email address.
- Enter the OTP received on the registered number and click on the Verify button.
- Choose employment type from the given options.
- Enter your date of birth.
- Provide your PAN card details.
- Enter the employer’s name.
- Enter your net monthly income details.
- Enter the required loan amount.
- Select the bank name from the given list where the salary is credited.
- Enter your complete address.
- A list of offers will be displayed on your screen.
- Compare the given options.
- Click on the EConnect button mentioned beside the lender.
- Fill in the form and submit your application.
- Our representatives will get in touch with you soon for loan processing.
Bajaj Finserv Personal Loan Customer Care
In regards to any query related to Bajaj Finserv Personal Loan, either you can check through Bajaj Finserv Personal Loan Application Status or you can contact Personal Loan customer care through the following ways:
Visit your nearest Bajaj Finserv branch
Bajaj Finserv Personal Loan Toll-Free Customer Care Number
SMS ‘SOL’ to 9773633633
Bajaj Finserv Personal Loan Interest Rates FAQs
It takes banks almost 15 days to reach a conclusion regarding loan applications and convey the same to the applicants. However, if everything is fine, you can get instant approval from Bajaj Finserv for your loan in as little as 5 minutes after the successful submission of your loan application and documents.
At Bajaj Finserv personal loan interest rate starts from 14.50% p.a.
The minimum tenure to repay the personal loan at Bajaj Finserv is 12 months and the maximum tenure is 60 months.
Bajaj Finserv offers a minimum loan of Rs. 1 Lakh to a maximum loan of Rs. 35 Lakh.
Bajaj Finserv charges a personal loan processing fee of up to Rs. 4,999 or up to 2.5% of the loan amount.
Yes, age is an important eligibility factor to get a personal loan. Your age should be between 23 to 58 years to get a personal loan from Bajaj Finserv.
Yes, Bajaj Finserv charges 2% to 4% of the principal outstanding on part prepayment and 4% of the principal outstanding on full prepayment of the loan.
You can combine your income with the income of your spouse by applying together for a loan. This will help you to combine your income and increase your loan eligibility and loan amount as well.
The minimum repayment tenure for a Bajaj Finserv personal loan is 12 months and a maximum of up to 60 months.
The pre-closure charges for Bajaj Finance personal loan are up to 4% on the principal outstanding plus applicable taxes.