Bajaj Finance makes personal loan applications easy and online

In today’s world, personal loans are the go-to solution for handling unexpected expenses or big purchases. The good news is that applying for one has never been easier. With just a few clicks, you can check your eligibility and get approval in minutes, all without leaving your home or visiting a branch.
Bajaj Finance makes availing a personal loan simple and hassle-free with minimal paperwork and no collateral required. When you choose the Bajaj Finserv Personal Loan, you can get up to Rs. 55 lakh in your account within 24 hours*. Let’s now explore the key features and how you can apply for a personal loan in just a few easy steps.
What is a personal loan
A personal loan is an unsecured financial product that provides you with a lump sum amount, which you can repay over a fixed tenure with interest. Unlike other types of loans, such as home loans or car loans, you don't need to offer any collateral when applying for a personal loan.
This makes it a versatile solution for various financial needs, from covering medical bills to funding a dream vacation or even expenses related to home renovation. The repayment terms are flexible, allowing you to choose the loan amount and tenure that suits your financial situation.
Why opt for a Bajaj Finserv Personal Loan?
Gone are the days when you had to visit a bank, complete lengthy paperwork, and wait weeks for approval. Now, applying for a personal loan is quicker, easier, and more convenient thanks to the online application process provided by Bajaj Finance. Here’s why applying online is the way to go:
· 100% digital process: No need to step into a branch. Everything can be done online, from checking eligibility to submitting documents.
· Instant approval and disbursal: Once your application is approved, the loan amount can be disbursed directly into your bank account in just 24 hours*.
· Paperless documentation: Forget about paperwork. Uploading digital copies of your documents is all it takes.
· Flexible repayment tenure: You can choose a repayment period between 12 months and 96 months.
· No collateral required: Unlike secured loans, personal loans do not require assets as security.
Personal loan eligibility criteria
Before you apply for a personal loan, it’s important to know whether you meet the personal loan eligibility criteria. While criteria can vary slightly from lender to lender, most personal loan providers, including Bajaj Finance, have the following basic requirements:
· Nationality: Indian
· Age: 21 years to 80 years*.
· Employed with: Public, private, or MNC.
· CIBIL Score: 685 or higher.
· Customer profile: Self-employed or Salaried
*You should be 80 years* or younger, at the end of the loan tenure.
Documents required
Applying for a personal loan online is fast and simple, but you still need to provide some basic documents. Here’s a list of the most required documents:
· KYC documents: Aadhaar/ passport/ voter’s ID/ driving license/ Letter of National Population Register/ NREGA job card
· PAN card
· Employee ID card
· Salary slips for the last 3 months
· Bank account statements for the previous 3 months
· Piped gas bill
· Pension order
· Letter of Allotment of Accommodation Issued by Employer
· Property / Municipal tax receipt
· Utility bill
· Real-time image / photograph
· Ration card
How to apply for a Bajaj Finserv Personal Loan (step-by-step)
The online application process for a personal loan is simple and hassle-free. Here’s how you can apply for a Bajaj Finserv Personal Loan in just a few steps:
· Visit the Personal Loan page on the Bajaj Finserv website and click on ‘APPLY’.
· Enter your 10-digit mobile number and the OTP sent to your mobile number.
· Fill in the application form with your basic loan details, such as your full name, PAN, date of birth, and PIN code.
· Now, click on ‘PROCEED’ to visit the loan selection page.
· Enter the loan amount that you need. Choose from the three personal loan variants –Term, Flexi Term, and Flexi Hybrid.
· Choose the repayment tenure – you can select tenure options of 12 months to 96 months and click on ‘PROCEED’.
· Complete your KYC and submit your application.
A representative will guide you on the next steps. The loan amount will be transferred to your bank account on the successful verification of your documents.
A Bajaj Finserv Personal Loan gives you quick access to funds exactly when you need them — with a fast online application, quick approval and money in your account within 24 hours*. Whether it's a medical emergency, a big purchase, or a personal goal, you can count on a smooth, hassle-free borrowing experience.
Ready to get started? Check your eligibility and apply for a Bajaj Finserv Personal Loan online in just a few minutes.
*Terms and conditions apply
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