Bajaj finserv non banking financial company was established in 2007. It offers services in personal loan, home loan, business loan, doctor loan and EMI card.
Bajaj Finance Ser Personal loan can be used for any purpose. It can be for vacation, sending children abroad for higher studies, grand wedding, home renovation, and for debt consolidation, pay off existing debts.
Bajaj Finance ser always looks in to DTI which measures debt to over all income. Keep this number to low to the possible extent as it plays a vital role in getting your loan approved. Reports have proven that people with lower DTIs more successful in managing their monthly expenses and paying loans. The low number represents proper balance between loans and your earnings. It always good to keep the percentage below 30%
Personal loan is a great tool for managing your personal finance and put your pending plans in to action.
Personal loan eligibility for salaried persons:
Minimum net take home after all the deductions: 40,000
Cities: Bangalore, Chennai, Cochin, Coimbatore.
Personal loan: Features and Benefits
Instant online approval
By applying personal loan bajajfinanceserv you can get to know about its approval and to disburse the amount in your account it takes 72 hours through its online portal facility.
Get funds in 72 hours in Account
Loans up to 25 Lakhs
Part Prepayment facility
When you get extra amount, you can choose to prepay certain amount of your personal loan which in turn help you in overall tenure, EMIs and also help you to close the loan early.
You can make pre payment up to six times in a calendar year
The prepayment amount can't be less than sum of three EMIs.
There is no maximum limit for prepayment option in Bajaj finance personal loan.
You have options to prepay loans with the surplus funds.
You can re-avail the prepaid amount at any point of time during loan tenure time without any additional documentation.
The interest is only on the amount utilized and not on the Pre paid amount.
Hassle-free online transactions
Special offer for Bajaj finance serv customers
Nil Preclosure charges
In case you would like to foreclose your personal loan any time during your loan is running after the first EMI is over, you can foreclose without any additional cost attached for foreclosing.
Online account access:
Once you have taken the personal loan from bajajfinance you can get all the details about the personal loan like interest rate, repayment track, payment schedule on bajajfinanceserv portal.
Documents required for Personal loan
Signed application with Photograph
Salary Slips for the last three months
Bank statements for latest 3 months
Employment Proof: Employee ID and Visiting card
Work experience Proof:
Appointment letter, Form 16, Salary slips for 1 year Previous employment proof: Appointment letter, promotional letters, confirmation letters, previous salary slips, form 16
Know your customer proof:
Identity Proof: Passport, Voter ID Card, Driving license, PAN card
Address Proof: Passport, PAN card, Driving license, Bank verification letter license, ration card, Letter from the Employer (With HR)
Age Proof: Passport, PAN card, Driving license, Birth certificate For Bajaj finance serv personal loan related queries, get in touch with us.