Eligibility Criteria for Bajaj Finserv Personal Loan

To apply for a Bajaj Finserv personal loan, you must meet these key eligibility requirements:

• Age: 21 to 67 years (at loan tenure end)
• Income: Minimum ₹25,000 monthly (varies by location and profession)
• Employment: Open to salaried and self-employed with stable income
• Work Experience:
  • Salaried: Minimum 2 years overall, 1 year in current job
  • Self-employed: At least 2 years in business
• Credit Score: Preferably above 650 for better approval and rates
• Residency: Must be an Indian resident

Meeting these criteria improves your chances of quick loan approval.

Documents Required for Bajaj Finserv Personal Loan

The documentation process for Bajaj Finserv personal loans is simple and minimal.

This ensures a smooth and efficient application experience. Below are the key documents you need:

• Proof of Identity: Government-issued photo ID such as Aadhar Card, PAN Card, Passport, or Voter ID.
• Proof of Address: Utility bill (electricity, water, or gas), Aadhar Card, or bank statement.
• Proof of Income:
  • Salaried Individuals: Recent salary slips (last 3 months) and bank statements.
  • Self-Employed Individuals: Income tax returns (ITR) for last 2 years, business registration, and bank statements.
• Bank Statements: Bank statements for the last 3 to 6 months.

Key Features of Bajaj Finserv Personal Loan

• Loan Amount: Get personal loans from ₹1 lakh to ₹25 lakh, depending on your eligibility and financial needs. Perfect for home renovation, wedding expenses, medical emergencies, or debt consolidation.
• Flexible Loan Tenure: Choose repayment periods between 12 to 60 months with easy EMI options tailored to your budget.
• Competitive Interest Rates: Bajaj Finserv offers personal loan interest rates starting at 11% per annum, varying based on your credit score and financial profile.
• Quick Loan Disbursal: Enjoy fast personal loan approval and disbursal within 24 hours to access funds quickly.
• Minimal Documentation: Simple personal loan documents required such as identity proof, address proof, income proof, and bank statements.
• Online Personal Loan Application: Apply online easily via Bajaj Finserv’s official website or mobile app with a seamless digital process.
• Pre-approved Personal Loan Offers: Existing Bajaj Finserv customers can avail pre-approved personal loans with faster approval and minimal paperwork.

Benefits of Bajaj Finserv Personal Loan

• Flexible Personal Loan Repayment: Select short-term or long-term repayment options that suit your financial situation.
• No Collateral or Security Required: Bajaj Finserv personal loans are unsecured, so no need to pledge assets.
• Instant Personal Loan Approval and Disbursal: Get quick approval and fast loan disbursal for urgent financial needs.
• Attractive Interest Rates: Competitive Bajaj Finserv personal loan interest rates help reduce your borrowing cost.
• Customizable Loan Amounts: Borrow between ₹1 lakh and ₹25 lakh as per your requirement.
• Easy Online Personal Loan Process: Convenient online application and real-time loan status tracking from home.

Bajaj Finserv personal loans are an excellent option for borrowers seeking flexible loan terms and fast loan processing.

With competitive interest rates, minimal documentation, and a hassle-free online application, Bajaj Finserv is a trusted personal loan provider in India.

To improve your loan approval chances, ensure you meet the eligibility criteria and submit all required documents correctly.

For the latest Bajaj Finserv personal loan offers, interest rates, and eligibility updates, visit the official Bajaj Finserv website or contact customer support.