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Bajaj Finance Personal Loan — flexible tenure up to 7 years with Flexi-loan facility and acceptance of lower CIBIL scores.

At 10%, Bajaj Finance has one of the lowest starting rates of the 22 lenders we track for personal loans.

Documents required

  • PAN Card
  • Aadhaar Card
  • 3 months salary slips
  • 6 months bank statement
  • Address proof

As published by Bajaj Finance. Your branch may ask for more.

Get Bajaj Finance Offers →Soft check · won’t affect your credit score
Interest rate10 – 30.5% p.a.
Processing fee3.54% (min ₹1,999)
Max amount₹35L
Max tenure7 yr
Compare with 23 other lenders →

Best for: Applicants with CIBIL 685–720 or those wanting long tenures (up to 7 years) and Flexi-loan interest-only EMIs.

Check your eligibility ~30 sec · indicative
Estimated EMI · max eligible ~₹11,62,171
₹16,134/mo
Get offers at this amount →
Total cost of this loan ₹98,524 · interest + processing fee, ₹5,00,000 over 3 yr at 10% · no prepayment penalty
EMI at Bajaj Finance’s 10% p.a.
₹3L · 2 yr
₹13,843/mo
₹5L · 3 yr
₹16,134/mo
₹8L · 4 yr
₹20,290/mo

Eligibility

At Bajaj Finance
Age21 – 67 years
Min salary₹22,000/mo
Min income (self-emp)₹2,50,000/yr
Min credit score685+
Employmentsalaried, self employed, professional
DisbursalWithin 24 hours

Loan terms

Amount₹1L – ₹35L
Tenure1 – 7 years
Rate typefloating
PrepaymentNil
Late payment2-3% of EMI + applicable taxes
  • Accepts lower CIBIL scores
  • Longest tenure up to 7 years
  • Flexi loan facility
  • Top-up on existing loans
  • Part-prepayment allowed

Fees & charges

Prepayment / foreclosurePer RBI floating-rate rules; fixed-rate charges vary
Late paymentAs per each lender’s schedule
GSTApplicable on fees and charges

FAQ

Lenders price on your credit score, income, employer category and tenure. A score above 750 typically unlocks the lower end of each range shown. The exact rate is confirmed by the lender at underwriting.

Every row is date-stamped with the day we last checked it, and links to the lender’s published material so you can confirm it yourself. A row we confirmed against the source reads “Verified”; one we could only sight reads “as of”, and is not presented as confirmed. Anything we have not re-checked in 60 days is marked “rate under review” rather than left to look current. We do not claim a fixed re-checking cycle — the date on each row is the honest answer.

No. Viewing rates is not a credit enquiry and has no score impact. A hard enquiry happens only when you formally apply to a lender.

Most lenders allow prepayment after a few EMIs. Charges vary by lender and are shown in the fees section; RBI caps foreclosure charges on floating-rate loans to individuals.

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More from Bajaj Finance

RBI-registered lenders only
RateFrom 10% p.a. · Bajaj Finance
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