Grab Bajaj Finserv Personal Loan Interest Rates for quick realization of your goals

Getting the personal loan of your own choice has become easier now-a-days, especially offered at appropriate interest rates which suit your repayment capacity. Of course, there requires a need to find out the suitable lender whose personal loan offer fits your budget without curbing your other expenses so far. There comes Bajaj Finserv into the picture among other banks and non-banking finance companies whose service stands better is a matter to be researched upon.

Bajaj Finserv Personal loan are one such unsecured loans where you will be able to know your eligibility criteria within minutes. Also, once your application gets approved, the personal loan gets transferred directly to your bank account within 72 hours. But the applicant needs to possess minimum net monthly salary according to their location which meets the stipulated norms of Bajaj Finserv. Moreover, the affordable interest rates provided by Bajaj Finserv help you to translate your personal goals fastly in no time. There are special personal loans designed by Bajaj Finserv for salaried applicants in order to meet out your focused purposes like Wedding, Travel, Home Improvement, medical emergency and higher education.

Bajaj Finance Personal Loan Interest Rate 2017 and Other Details

There are certain factors which determine your eligibility for availing personal loans. Such factors constitute your credit history, salary, and your borrowed amount. The lowest interest rate is available on personal loan starting from 12.75% p.a. for loans upto ₹  25 lakhs. The additional fees levied on your personal loan amounts to processing fees, EMI bounce charges, penal interest, and security fee(only for online).

• The processing fee charges : 2.25% - 3% of the loan amount

• EMI bounce charges : ₹ 1,000 for every bounce

• Penal interest :  2.00% p.m

• Security fee only for online : ₹ 1999/-

• The foreclosure charges greater than 1 month : 4% plus applicable taxes on principal outstanding

• The part-prepayment charges greater than 1 month :  2% plus applicable taxes on part payment amount paid

• The annual maintenance charges applicable on the following basis:

Line of Credit: 0.25% on sanctioned amount

Flexi Loan: 0.25% on Flexi Dropline limit

Personal Line: 0.25% on Flexi Dropline limit

Bajaj Finance Personal Loan Eligibility

• The age limit of the applicant should fall between 25-55 years.

• The applicant needs to be a salaried employee of either an MNC, public or private company.

• The net monthly income of an applicant should be considered amongst the following cities subject to the location and employer

• 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.

Bajaj Finserv Personal Loan Login

For applying personal loans from Bajaj Finserv, you are required to follow the basic steps as mentioned below:

• Visit the Personal Loan section of Bajaj Finserv website

• Click on the button 'Apply Online'.

• Enter 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 in order to submit your online application.

Bajaj Finserv Personal Loan Status

In order to track down your Bajaj Finance Personal Loan Status, there are two steps which need to be followed by an applicant:

Step I

1. Log-in to the Personal Loan page by going through Bajaj Finserv website  and click on “Apply Online”. Once you are navigated to the page, then click  “ Track Application” given above the top of the webpage.

2. Submit your mobile number and reference number.

3. Click the 'Go' button 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