Bajaj Finserv Personal Loan

Bajaj Finserv requires a minimum monthly income of ₹25,000 for personal loan applicants. Salaried employees with a regular salary credit and self-employed professionals with documented income both qualify, subject to individual credit assessment.

Bajaj Finserv charges a processing fee of Up to 3.93%. This is a one-time charge deducted from the disbursed amount. GST at 18% is also applicable on the processing fee. There are no hidden charges — all fees are disclosed upfront on Paisawaala.

The final step with Bajaj Finserv is typically: Funds in account within 24 hours. For existing customers or pre-approved offers, the timeline is significantly shorter.

Bajaj Finserv requires a minimum CIBIL score of 685. A higher score (750+) improves your chances of getting a lower interest rate. You can check your CIBIL score for free on Paisawaala before applying.

Yes, most personal loans from Bajaj Finserv can be foreclosed after a lock-in period (typically 6–12 EMIs). Foreclosure charges may apply depending on when you close the loan and the outstanding principal. Check the loan agreement for exact terms.

Bajaj Finserv is a Non-Banking Financial Company (NBFC) registered and regulated by the Reserve Bank of India (RBI). All lending activities follow RBI guidelines on fair practices and digital lending.