Personal LoanFeatured
Bajaj Finserv Personal Loan Review 2026
Those who want flexible draw-down and repayment options
★★★★★★4.3
Last updated: 15 December 2025Key Highlights
✓Flexi loan — withdraw and repay as needed
✓Tenure up to 84 months
✓No foreclosure charges after 12 months
✓Instant approval for pre-qualified customers
✓Part-prepayment facility available
Interest Rates & Fees
Rates & Charges
| Interest Rate (Min) | 11% p.a. |
| Interest Rate (Max) | 18% p.a. |
| Interest Rate Type | Fixed |
| Processing Fee | Up to 3.93% of loan amount |
| Prepayment Charges | 2%–4% of outstanding amount; nil after 12 EMIs (select plans) |
| Foreclosure Charges | Nil after 12 months of regular payments |
Loan Details
Loan Parameters
| Minimum Loan Amount | ₹1 Lakh |
| Maximum Loan Amount | ₹35 Lakh |
| Minimum Tenure | 12 months |
| Maximum Tenure | 84 months |
| EMI per Lakh | Rs 2,174 per lakh for 60 months at 11.00% |
| Disbursal Time | Within 24 hours of approval |
Rating Breakdown
features
4.5/5
value
4/5
support
4.2/5
benefits
4.4/5
Pros & Cons
✓Pros
- ✔Instant approval — disbursal within 24 hours
- ✔Loan up to Rs 35 lakh
- ✔Flexi loan option — pay interest on utilized amount only
- ✔No foreclosure charges after 12 months
- ✔Simple online application process
✗Cons
- ✘Interest rates start at 11.00% — not the lowest
- ✘Processing fee up to 3.93%
- ✘Higher rates for those without existing relationship
Eligibility Criteria
- ●Age: 21 to 67 years
- ●Minimum net monthly income: Rs 25,000 (salaried)
- ●Self-employed with annual income of Rs 4 lakh+
- ●CIBIL score: 750+
- ●Minimum work experience: 3 years
Documents Required
- 📄PAN Card
- 📄Aadhaar Card
- 📄Latest 3 months salary slips
- 📄Last 6 months bank statements
- 📄KYC documents
Frequently Asked Questions
Bajaj Finserv Personal Loan offers interest rates ranging from 11% to 18% per annum (fixed rate). The actual rate depends on your credit profile, income, and existing relationship with Bajaj Finserv.
The processing fee for Bajaj Finserv Personal Loan is Up to 3.93% of loan amount. This is a one-time fee charged at the time of loan disbursement.
You can borrow up to ₹35 Lakh with Bajaj Finserv Personal Loan. The minimum loan amount is ₹1 Lakh.
Prepayment charges for Bajaj Finserv Personal Loan: 2%–4% of outstanding amount; nil after 12 EMIs (select plans). Foreclosure charges: Nil after 12 months of regular payments. Check with Bajaj Finserv for the latest terms.
Bajaj Finserv Personal Loan typically takes Within 24 hours of approval for disbursal after application and document verification.
