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

Check SBI Personal Loan Rates & Apply Online Now

State Bank of India (SBI) is the largest public sector banks in India offering a wide array of products and personal loans in one of them. What makes personal loans different from others is that it is generally unsecured and the lender has no terms and conditions when it comes to the usage of money.

SBI Personal loan provides both secured and unsecured loans however unsecured personal loans are more in demand. So, if you are also stuck in a financial crisis or want money to finance a new car or a bike, apply for SBI personal loan. This loan offered by SBI is popular for its low-interest rates and a higher loan amount facility that altogether make the deal one of the best one in the market.

At SBI, you can get a personal loan under four categories so read this article to know the detailed information of the interest rate offered by the bank and eligibility criteria to apply for the loan.

SBI Personal Loan Schemes

• Xpress Credit Personal Loan- 11.90%-14.90% p.a.
• Pension Loan-12.45% p.a.
• Festival Loan
• Saral Personal Loan

SBI Xpress Credit loan: This scheme is an ideal loan for the people who want instant money. If you are salaried or a self-employed professional, you can get this loan between the rate of 11.90% to 14.90% (floating) p.a.

Eligibility criteria

• The applicant must be an employee of central and state government employee, Quasi-Government, Central PSUs, Profit making State PSUs, Educational Institutions of National Repute and selected corporates
• The minimum monthly income of the applicant should be ₹7,500/-
• The EMI/NMI ratio should not exceed 50

Pension Loan: This scheme is for Pensioners and Family Pensioners (including Defence Personnel) and the interest rate offered under this scheme is 12.45% p.a. (floating).  The borrowers can get the maximum loan amount of ₹14 lakhs. So, have a look at the eligibility criteria before applying for this schemes:

Eligibility criteria

• The maximum age of the applicant should be 76 years
• The person must be drawing a pension from the central or state governments and have his/her pension account with SBI
• If the family pensioner is the spouse of a pensioner who is authorized to receive the pension then they too must not be over 76 years of age.

Saral Personal Loan: This scheme requires the below criteria:

• Self-employed engineer
• Doctor
• Minimum work experience of 2 years for an MBA graduate
• Available for Chartered Accountants and Architect

Festival Loan: As the name suggests, this scheme is for your financial needs during a festival. SBI is one of those banks that brings festive offers on personal loans that are affordable and people-friendly as well. So, if you want money for any occasional purpose, you can get this loan to make your wish come true. This scheme would for sure leave a heart-touching experience in your life. So, have a look at the eligibility criteria before applying for this scheme.

Eligibility criteria:

• Government employees or those working for PSUs or even private or public institutions/establishments with a minimum work experience of 2 years.
• Minimum Net Monthly Income of ₹3000/-
• The self-employed applicants must have the work experience of 3 years.
• Individuals with a regular source of income like pension or interest from TDR or NSC or Govt Securities can apply.

SBI Personal Loan EMI Calculator

The term personal loan calculator is nothing but the EMI calculator only. Now, what is an EMI calculator? It is the tool that is used to calculate the monthly installments of a loan. It can be used to calculate the EMIs of all kinds of loan. With the help of this calculator, a borrower can know in advance the details of the payments that he/she will have to make. Having said that, this calculator makes it easier to take the right decision as you can use it before applying for a loan multiple times. The calculator gives accurate results in just a few seconds and hence is very helpful.

SBI Personal Loan Interest Rates

The bank offers personal loans at floating rate of interest based on 2-year MCLR which is presently 8.10% p.a.

How to Apply for SBI Personal Loan Online

If you are also looking for a personal loan from State Bank of India (SBI), you can visit the website and fill in the mandatory details. Once you have filled the details, you can follow the further steps and submit your application.