Personal Loans online up to Rs 25 lakhs at low-interest rates with minimal paperwork are available from Bajaj Finserv. In 24 hours you can get loan approval and disbursal in your account. Loans can be taken online at attractive interest rates with minimal documentation.
A personal loan from Bajaj Finserv is a safe and easy way to meet your financial needs. Whether you need a personal loan for a holiday or want to put your kids through college or if you want to buy property, we have the perfect loan for you.
|Type of Personal Loan||Interest Rate (p.a.)||Loan Amount||Tenure||Processing Fees|
|Personal Loan||13% onwards||Up to Rs. 25 Lakh||5 Years||Up to 4% of the loan amount|
|Flexi Loan (Personal Line of Credit)||13% onwards||Up to Rs. 25 Lakh||5 Years||Up to 4% of the loan amount|
|Personal Loan For Doctors||14% to 17%||Up to Rs. 42 Lakh||2-8 Years||Up to 2% of the loan amount|
Interest rates can vary depending on certain factors such as your credit history and your credit score. The rate of interest varies from 13 to 17% per annum.
You can benefit from the attractive rate of interest and several other product features. Here are a few reasons for choosing Bajaj Finserv Bank for a personal loan.
Instant Online Approval
Following are the criteria that you must fulfill in order to apply for a Personal Loan:
You must be an Indian citizen.
Investmentcover.com has partnered with Bajaj Finserv to offer you the best personal loans in the market, whether you're looking for a loan for education, home renovation, wedding, or any other purpose. Our loans are low-interest and offer a variety of features to meet your specific needs, so it's never been easier to get a loan. Apply now and get quick approval from our online lender!
1) Instant Approval: You can get instant approval online after filling up the online application.
2) Exclusive Loan Offer: Investmentcover can help you get exclusive and personalized loan offers from Bajaj Finserv based on your profile.
3) Fast Loan Disbursement: The approved loan amount will be transferred to your account within 48 hours
4) Dedicated Customer Card Support: At Investmentcover we provide dedicated customer support to help you with any query regarding your loan application.
Investmentcover has a very simple process of applying for a personal loan
Your application would be reviewed instantly and a quick decision would be made
After the approval, your loan amount will be transferred to your account within 2 days.
Your loan application will be forwarded to Bajaj Finserv instantly. The status of the loan application would be shared through an email as well as SMS.
The APR (Annual Percentage Rate) of a personal loan is its annualized cost of borrowing, which includes the interest rate as well as the processing fees, documentation fees, and other fees charged during the loan origination. The APR is expressed in the form of a percentage and thus, allows personal loan applicants to detect personal loan schemes offered at lower interest rates but with higher processing fees and/or other charges.
The APR of personal loans usually ranges between 11.29% to 35%. For example, assume that you have availed a personal loan of Rs. 5 lakhs @ 10.50% p.a. with a repayment tenure of 5 years. The processing fee charged for this loan is 1.5% of the loan amount, which amounts to Rs 7,500. Therefore, the total borrowing cost of your personal loan will be Rs 1,52,317 and its APR will be 11.16%.