Bajaj Finserv

Bajaj Finserv

Bank Name
Interest Rate Range
Processing Fee Range
Loan Amount
Tenure Range

Rate of Interest

  • Floating rate of Interest : 11.99 % p.a. to 16% p.a.

Eligibility Criteria

  • Minimum 25 years of age and maximum 58 years
  • Loan period from 1 year to 5 years
  • Should be either salaried or self-employed and have regular source of income
  • Should have sufficient income to pay EMI on required loan
  • Applicant must be Indian Citizen, in case of NRI or person of Indian origin it should be properly documented

Fees and Charges

  • Processing Fees 2.25 % to 3.00% depends on type and category of borrower
  • Preclosure Charges – Rs 0
  • Part Payment charges- Rs 0
  •  No any other hidden charges

Documents Required

  • KYC- Pan Card, Adhar Card, ID Proof and Address proof
  • ITR with computation for 3 years with Income proof
  • Bank Statement
  • Photograph
  • 2 references

Value Additions

  • Doorstep services
  • E- approvals
  • Part payment allowed

Special Feature

  • No guarantor required
  • No pre-closure or part payment fees
  • Balance Transfer Allowed
  • Top up available

Overview about Bajaj Finserv

Bajaj finserv is a part of Bajaj holdings & investments limited.  It is an Indian financial services company which is focused on lending, asset management, wealth management and insurance. The Bajaj finserv company is currently engaged in consumer finance businesses, life insurance, and general insurance and has plans to expand its business by offering a wide array of financial products and services in India. Bajaj finance limited is a subsidiary of Bajaj Finserv. The Company is a 29 year old most diversified non-bank in india with a demonstrated track record of profitability.

Your Eligibility depends on following

You should be minimum 25 years old

You should be maximum 58 years old

You should be salaried or self employed

You should have sufficient income to pay EMI on required loan

You can increase your eligibility by doing following

Choose longer tenure of loan period maximum upto 5 years
Make your spouse as co applicant , her/his income will also be added in eligibility
EMIs of other loans loweryour eligibility
Choose maximum amount for loan

Rate of Interest and Other Charges for Personal Loan are following

Rate Of Interest:- 


Loan Type

Rate Of Interest


Bajaj Finserv(Personal Loan)

11.99% - 16.00%

Existing Loan take over or New Loan

Here are some features of existing loan take over or new Loan:-

  • Part Prepayment facility is available.
  • Complete Online Account Access.
  • Online Loan Applications
  • Loan applicants do not need to visit the Company local office in person in order to apply for a loan. The online application facility is helpful for people to apply at their own convenience.
  • Borrowers are allowed to prepay their loans at no extra cost. They have the option to prepay their loan up to 6 times in one financial year. The prepayment facility is available after clearance of the first loan EMI.
  • Zero Foreclosure Charges
  • Quick Loan Approval

Features of Loan

 Features of Loan:-

  • Get Instant online approval
  • You can get instant approval within minutes if you apply online. Check your eligibility on the website before you apply so you know what kind of loan you are eligible for.
  • Get funds in 72 hours in your bank account
  • A personal loan could give you the much needed respite from a financial crunch. In such cases, quick disbursal of loan amount is what one looks for. You will receive the loan amount within 72 hours of the loan being approved.
  • Loans up to Rs.25 lakh
  • You can opt for loans up to Rs. 25 lakhs at Bajaj Finserv. Repay it with a variety of options, and choose from tenures ranging from 12 months to 60 months.
  • Online account access
  • Once you have availed of a Bajaj Finance Personal Loan, you can access all information regarding your Personal Loan like your payment schedule, EMI payable, interest certificate, and key information related to your loans through the online customer portal.

Documents Required for Bajaj Finserv Personal loan:


Documents Required



Salary slips of the last 2 months


Bank statements

Salary account bank statement of the last 3 months


Employment proof

Employee ID card



Identity proof (Any one of the below)
Passport / Voters ID card / Driving license / PAN card

Address proof (Any one of the below)
Passport / Driving license / Ration card / Latest mobile bill / Letter from employer (with HR / Admin sign)