How Bajaj Finance Personal Loan Helps Me Fulfill My Dreams?

To borrow a loan to buy a new car, renovate the house or meet any financial need, you can apply for a Bajaj Finance personal loan. Using the loan amount, you can meet all your expenses at an attractive rate of interest. Quick disbursal and flexible tenure makes it easy for borrowers to meet their needs and pay the loan. The interest rate for the personal loan at Bajaj Finance is starting from 12.99% per annum. Read and know about the Bajaj Finance loan in detail along with the EMI description. 

Loan amount and its benefits!

Using the loan amount up to INR 25 lakh, you can manage a wedding expense or a medical emergency without any hassle. So whenever you fall short of funds to complete a financial need, you can apply for the Bajaj Finance personal loan. But, borrow the amount which you require otherwise, it is not easy for you to pay the loan in equated monthly installments. And the individual income to borrow a loan must have a monthly income of INR 25,000-35,000 a month.

Because based on your credit history or income the Bajaj Finance charges the interest rate and sets the loan amount. So, to borrow the desired amount make sure you are eligible for the loan. And to find out how much you can borrow, you can take the help of the BajajFinance eligibility calculator. 

Pay with help of Bajaj Finance personal loan EMI calculator!

Your EMI payment becomes easy and manageable when you use the EMI calculator tool of Bajaj Finserv. Just mention your loan amount, interest rate and tenure to generate the EMI. for example, if your loan is 15 lakh at 13.55% then the EMI would be INR 34,533 for 60 months. And the tenure starts from the next month of loan disbursement. So you need to set a payment service before you reach the due date of your Bajaj Finance personal loan. The following are the ways by which you can do the EMI payment.

ECS: The electronic clearing services enable an automatic payment service using which one can pay the EMI before the due date. You just need to select the bank account and the date of EMI on which the amount would be automatically debited from your account.

PDCs: Cheque has been used for a long time for the loan payment. And if you want to use this feature, you need to provide the cheque to the Bajaj Finserv after the loan approval.

How to apply for Bajaj Finance personal loan?

To get your desired amount in your account in less than 24 hours visit the Bajaj finserv official website and apply for the personal loan. Fill up an online application form and mention your mobile number and email for loan confirmation. You need to pay 4.13% of your loan amount to Bajaj Finance to process the loan. And the processing charge is nonrefundable. So when you get the desired loan, you can use it to pay your debts, manage high expenses and buy the desired product. You need to be careful while doing EMI payment because on delay or due payments Bajaj Finserv charges 2% on your EMI.

Now, handling a financial crisis is no big deal when you have a support of Bajaj Finance personal loans.