Add Power to Your Dreams Through Bajaj Finance Personal Loan

Having several necessities required to run your daily life but the scarcity of funds tighten your belt? Don't let yourself emotionally drained? Go for Bajaj Finance Personal Loan where loans get instantly transferred in your bank within 72 hours that comes along with minimal documentation processes and friendly assistance from this financial institution.

A personal loan is one such loan which you can obtain it for the purpose of utilizing for yourself and your family needs. Whether it is buying a new home theatre, a wedding in the family or for a dream vacation, Bajaj Finance Personal Loan ensures to cover all the purposes of life. Even faced with an unforeseen calamity, don't lose hope, just remember Bajaj Finance and their representative will be by your side at the time of your financial need.

Bajaj Finance Personal Loan Interest Rates-

There are certain parameters which are to be taken into consideration while the personal loan is offered to an applicant. There are several factors such as credit history, salary, and your borrowed amount become compulsory to maintain while applying for personal loan. The lowest personal loan interest rate starts from  12.75% p.a. for loans upto ₹  25 lakhs. There are additional charges which  also accrue on your personal loans such as processing fees, EMI bounce charges, penal interest, and security fee(only for online). These are vital to be rendered as a payment towards your personal loan.

Bajaj Finance Personal Loan Eligibility-

• The age limit of the borrower should fall between 25-58 years.
• The borrower needs to be a salaried employee by profession.
• The net monthly income of an applicant should be average ₹  35,000 (Subsequent to vary depending upon the location and employer)
• The minimum net salary need to be ₹ 40,000 per month for cities such as Ahmedabad, Bangalore, Chennai, Coimbatore, Delhi, Faridabad, Ghaziabad, Gurgaon, Hyderabad, Kolkata, Mumbai, Noida, Pune, Surat, Thane
• The minimum net salary needs to be ₹ 35,000 per month for cities such as Chandigarh, Cochin, Jaipur, Nagpur
• The minimum net salary needs to be ₹  30,000 per month for cities such as Aurangabad, Baroda, Bhubaneswar, Indore, Madurai, Mysore, Nasik, Trivandrum, Vijayawada, Vizag.

Bajaj Finance Personal Loan Eligibility Calculator-

Now you can determine your eligibility online, enter the below details as required :

1. Your Date of Birth

2. Your Current City of Residence

3. Your Company/Employer Name

4. Your Net Salary

5. Your Combined Monthly Loan EMIs

6. Your Combined Outstanding amount on Credit Card

7. You need to mention whether you are availing Home Loan or not

After filling the above details, proceed further to check whether you are eligible or not.

Bajaj Finance Personal Loan Calculator-

The personal loan for your needs is calculated by using EMI calculator. This calculator furnishes you with elaborated information about the monthly installments, the total interest outgo and the total amount (principal+interest). It is the calculator which is responsible for giving you the accurate details about your installments once you press the 'Apply Online' button.In order to check your monthly installments, select the below data in the calculator:

• Loan amount
• Tenure
• Interest rate

For example, if you have  obtained  a personal loan of ₹3,00,000 for the tenure of 5 years at the interest rate of 12.75 % p.a. The EMI, Total Interest Outgo, and Total Amount will be:

EMI-₹6,788

Total Interest Outgo-₹1,07,255

Total Amount-₹4,07,255

Bajaj Finance Personal Loan Apply Online-

• Go to the Personal Loan section of Bajaj Finserv website
• Click on the button 'Apply Online'.
• Type your complete and accurate details such as reference Pin code, residence city, residence state, PAN Card, Mobile number, Date of Birth, your First Name, Middle Name, Last Name, your official email address, select your company name(employer name) and enter the net salary credited for the last two months.
• Finally, click the 'Submit' button to submit your online application.

Steps to Check your Bajaj Finance Personal Loan Status-

There are only two methods of checking your Bajaj Finance Personal Loan Status :

Step I

1. Visit the Personal Loan Section by going to Bajaj Finserv website  and click on “Apply Online”. Once you are directed to the page, then click  “ Track Application” given above on the top of the webpage.

2. Type your mobile number and reference number.

3. Click the 'Go' button in order to view your application status.

Step II

1. Click the Bajaj Finserv link : http://mysite.bajajfinservlending.in/Contact-Us/FileStatus.aspx

2. Enter your case id/loan id/file id.

3. Click the 'Submit' button.

Documents Required for Bajaj Finance Personal Loan-

1. KYC Documents:

• 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)

2. Salary slips of the last 2 months

3. Salary account bank statement of the last 3 months

4. Employee ID card to furnish as employment proof