Check Bajaj Finance Personal Loan Eligibility for fulfilling your Instant requirements

Are you looking for a reliable lender who can fulfill your immediate financial necessities? Go for Bajaj Finance, a non-banking financial company which guarantees you to sanction your personal loans instantly once your personal loan application gets approved. The company disburses personal loans directly in your bank account within 72 hours.

 Ascertain your eligibility criteria before submitting your application form. Your eligibility indicates the quantum of loan amount which you will be granted with Bajaj Finance. Use Bajaj Finance Personal eligibility calculator in this regard for getting accurate details in order to start processing your loan amount quickly. The age criterion, the borrower's profession/occupation, net monthly income are some of the essential details that play an active role while sanctioning you the desired loan amount.

Personal loans are unsecured loans which can rescue you in the times of your immediate financial necessities. Whether it is related to organizing a wedding in the family, pursuing higher education, paying school fees of your son/daughter, affording an expensive medical treatment or planning a vacation and much more. With personal loans, you can even plan out for your bigger purchases like buying heavy electronic items like LCD, iphone, washing machine, refrigerator etc.

It becomes your moral responsibility to clear all your past track record of financial commitments so that you can successfully earn a good CIBIL score. The better your CIBIL score is, the fairer will be your chances of availing a higher amount of personal loans.

  

Bajaj Finance Personal Loan Interest Rates

There are certain factors which are necessary to be considered while obtaining personal loans. Such factors are :

• Your Credit History
• Your salary
• Your existing monthly installments(if any)

These factors determine whether you have maximum chances of getting the personal loans or not.

The lowest Personal loan interest rate starts from  12.75% p.a. for loans upto ₹  25 lakhs. There are additional charges which are required to be paid as well. Such charges include:

• Processing fees
• EMI bounce charges
• Penal Interest
• Security fee(only for online)

These charges are mandatory to be paid towards processing of your personal loan.

Bajaj Finance Personal Loan Eligibility

• The borrower's age should fall in the range of 25-55 years.
• The borrower should be a salaried employee of either an MNC, public or private company.
• The net monthly intake of the borrower should be dependent upon the residing location as follows:
• The minimum net salary need to be ₹ 40,000 per month for cities such as Bangalore, Chennai, Coimbatore, Delhi, Faridabad, Ghaziabad, Gurgaon, Hyderabad, Mumbai, Noida, Pune, Surat, Thane
• The minimum net salary needs to be ₹ 35,000 per month for cities such as Ahmedabad, Chandigarh, Cochin, Jaipur, Kolkata, 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, Bhopal, Raipur.

 Bajaj Finance Personal Loan Eligibility Calculator

Now determine your eligibility online, by entering 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

Once you have completed with all the above details, proceed further to ascertain whether you are eligible for personal loans or not.

Bajaj Finance Personal Loan Apply Online

• Log in to the Personal Loan section of Bajaj Finserv website.
• Click on the button 'Apply Online'.
• Specify 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.
• Later on, the representative from Bajaj Finance will contact you for document collection. Afterward, your bank account will get directly credited with the personal loan amount.

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