Friends, through this article today, we will learn How to Apply for a Bajaj Finserv Loan provider and how many types of loans it provides. And whatever criteria or conditions or any rules there are, we will talk about all those information and what is the interest rate and what is the process so that if needed, we can apply for a loan instantly from here.
Loan Type And Criteria:
Bajaj Finserv provides four types of loans such as personal loan that is we can apply for a loan for travel or for marriage or for any emergency purpose, along with that we can take a loan for business purpose or home loan that is loan against any property. And also you can get consumer durable loan from here that is if we pay EMI on buying a product, then that too will be available from here.
There are some eligibility criteria to take a loan from Bajaj Finserv such as the age of the person taking the loan should be between 21 to 60 years and they should have a stable income source either the person is a salary person or if he is self-employed, it will work. Along with this, the bank record of the person that is credit score should be good and the person should be an Indian citizen with original and valid documents.
Loan Amount And Interest Rates :
You can take a loan from Bajaj Finserv from Rs 30000 to Rs 25 lakh, which depends on your bank credit score, how much loan you will get and you can complete that amount within 12 to 60 months, but remember that the less time you complete the loan, the less interest you will have to pay.
Let’s talk about Bajaj Finserv’s loan interest rate and charges, here the interest rate starts from 11% to 30% per annum, which depends on your credit profile. And the loan processing fee can be from 1% to 4% on your loan amount. Apart from this, all the other charges are Prepayment, Bounce Charges and foreclosure.
Documents And Source :
To take a loan, some important documents from Bajaj Finserv which will have to be uploaded online while taking a loan are your PAN card and your Aadhar card for ID proof, along with this, you can give your salary slip or your income tax return file for income proof. And your bank statement copy and your passport size photos will also have to be uploaded.
Also Read : How To Get Loan From Zerodha
Bajaj Finserv is a platform where you can apply for a paperless loan very easily and all eligible users can get a loan. Which you can apply online that too with minimal documents. From their official website or app, you can check your loan status and remaining date etc. Apart from this, you can also know about any loan related offers or special deals.
Final Advice :
Friends, Bajaj Finserv is a very good company and a trusted and regulated company, but still as it is a financial product, you have to read all the terms and conditions and documents carefully, and take the responsibility yourself before signing or applying on any document so that there is no problem in future.