Bajaj Finserv Chennai

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Products Offered by Bajaj Finserv in Chennai

People in Chennai can live their life in a peace as this renowned bank with its exclusive range of financial products such as home loan, loan against property, two & three wheeler loan, loan against fixed deposit and gold loan can meet the diverse needs of all. The products offered by this bank are unique in itself, hence come with a certain eligibility criteria to meet. And, to know the eligibility of each product, kindly go to the page below.

Basic Details of Bajaj Finserv Loans

Product
EligibilityInterest Rate (in p.a.)

Loan Amount TenureProcessing Fee
Home LoanAn applicant should be an Indian resident.

The minimum age of the applicant should be 25 years at the time of availing the loan.

The maximum age of the applicant should be 70 years at the time of loan maturity.

If you are a salaried individual, a minimum work experience of 3 years is required.

If you are a self-employed individual, a minimum 5 years of work experience is required.
8.85% - 11.15%₹30 Lakh-15 Crore25 years (salaried), 20 years (self-employed)1% of the loan amount
Personal Loan If you are a salaried individual aged between 25 to 53 years, you are eligible to apply for a loan.

Individuals living in Ahmedabad, Bangalore, Chennai, Coimbatore,Delhi, Faridabad, Ghaziabad, Gurugram, Hyderabad, Kolkata, Mumbai,Noida, Pune,Surat and Thane should have a minimum monthly income of ₹ 40,000.

People living in Chandigarh,Cochin,Jaipur and Nagpur should have a minimum monthly salary of ₹ 35,000.

Applicants living in Aurangabad, Baroda, Bhubaneswar, Indore, Madurai, Mysore, Nasik, Trivandrum, Vijayawada and Vizag should earn a minimum monthly income of ₹ 30,000.
10.99% - 16.00%Upto ₹ 25 Lakh5 Years 2.25% - 3% of the loan amount
Two &Three Wheeler FinanceThe mnimum age of the applicant should be 21 years.

The maximum age of the applicant should be 65 years.

He/she should be residing in the city for at aleast 1 year.

The applicant should have a working experience of 1 year.

He/she should have a landline number either at the residence or at office.
Depends upon the eligibility of an applicant. 2 years
Gold LoanIf you a salaried, self-employed professional, businessman, trader and farmer, you are eligible for the loan.

The minimum age of the applicant should be 21 years at the time of availing a loan.

The maximum age of the applicant should be 70 years.
0.14Upto ₹25 Lakh1% of the loan amount
Loan Against Property If you a self-employed individual or professional Indian, you are eligible to get the loan.

The minimum age of the applicant should be 25 years at the time of loan sanction.

The applicant/sshould have a regular source of income.
Upto ₹Rs.21 croreup to 15 yearsUp to 2% of the loan amount
Loan Against Fixed DepositYou are eligible for loan against fixed deposit by meeting the below eligibility criteria:
Resident Individuals (except Foreign citizens, persons of Indian origin and NRI)
Hindu undivided family (HUF)
Sole proprietorship
Partnership firms
Companies including group companies
Club, association and society
Family trust (except charitable trusts)

2% above the existing FD rate60%-75% of the FD amount

Bajaj Finserv Chennai Branches with IFSC Codes

Branch Name Complete Address Customer Care
Anna Salai, ChennaiUnit No - 209, 210. 2Nd Floor, Alpha Wing, Beta Wing, Raheja Towers, 177, Anna Salai, Chennai - 600 002. - 600002,Tamil Nadu
Anna Salai, ChennaiUnit No - 804, 805, 806, 8Th Floor, Delta Wing, Raheja Towers, 177, Anna Salai, Chennai - 600 002. - 600002,Tamil Nadu
Adyar, Chennai3Rd Floor, Kaba Plaza, No. 27, L B Road, Indra Nagar, Opp. Adyar Bus Depot, Adyar, Chennai - 600 020. - 600020,Tamil Nadu
Anna Nagar, Chennai1St Floor, Sb Complex, W115, 3Rd Avanue, Opp. Kandhaswamy Collage, Anna Nagar, Chennai - 600 040. - 600040, Tamil Nadu
Tambram, ChennaiOld No - 102, New No - 256, Mudichur Road, Tambaram West, Chennai - 600 045. - 600045,Tamil Nadu

 Bajaj Finserv EMI Calculator

Knowing about your monthly installments is no more of a hassle now as an EMI Calculator is there to help you. Yes, this smart and time-saving tool with its simple algorithm and fastest process allows you to know the exact calculations of your monthly installments (EMIs), Interest Outgo and Total Amount Payable related to the loan. This tool takes into consideration the tenure, loan amount and interest rate, hence gives the exact calculations of your loan within few seconds.

In order to make you understand better, below is a table, showcasing the calculations on a loan amount of ₹2 Lakh, taken for a tenure of 5 years at an interest rate of 14.54% per annum.

Table Showing EMI, Interest Outgo, and Total Repayment Amount

Loan AmountInterest RateTenureMonthly InstalmentTotal Interest AmountTotal Amount
₹ 2,00,00014.54%1₹ 18,008₹ 16,099₹ 2,16,099
₹ 2,00,00014.54%2₹ 9654₹ 31,688₹ 2,31,688
₹ 2,00,00014.54%3₹ 6888₹ 47,972₹ 2,47,972
₹ 2,00,00014.54%4₹ 5520₹ 64,942₹ 2,64,942
₹ 2,00,00014.54%5₹ 4710₹ 82,590₹ 2,82,590

EMI, Total Interest Outgo, Total Repayment (Interest + Principal)

YearPrincipalInterestBalance Amount
1₹ 29,342₹ 27,176₹ 1,70,657
2₹ 33,904₹ 22,613₹ 1,36,752
3₹ 39,176₹ 17,341₹ 97,575
4₹ 45,268₹ 11,249₹ 52,307
5₹ 52,363₹ 4211₹ 0

Documents Required to Apply

ProductDocuments
Home LoanSalaried:
Application Form
Photograph
Identity Proof: Voter's ID card / Driving license / Job card issued by NREGA / Aadhaar card / PAN card (PAN card only as identity proof)
Address Proof: Passport / Voter's ID card / Driving license / Aadhar card
Income Details: Form 16 /Latest salary slips
Bank Account Statements for last 6 months

Self-employed:
Application Form
Photograph
Identity Proof
Address Proof
Signature Proof
Date of Birth Proof
Income Details: IT returns & balance sheet & P/L account statement for the last 2 years
Business Continuity Proof for 5 years
Bank Account Statements for last 6 months
Partnership Deed
MOA/AOA
Personal Loan Financials: Salary slips of the last 2 months
Bank Statements: Salary account bank statement of the last 3 months
Employment Proof: Employee ID card
KYC:
Proof of Identity: Passport / Voters ID card / Driving license / PAN card
P roof of Address: Passport / Driving license / Ration card / Latest mobile bill / Letter from employer (with HR / Admin sign)
2 Wheeler & 3 Wheeler FinanceIdentity Proof:
Passport/Photo credit card - front & reverse/Voters ID card/Driving license/PAN card/Company ID card of MNC/ Public Ltd. / PSU/ Govt. Company/Aadhar card
Address Proof:
Passport/ Voters ID card/Driving license/Rental agreement/Telephone bill/Electricity bill/Gas connection bills/Ration card/Sale deed/Property purchase agreement/Credit card billing statement (latest)/LIC policy/Letter from company or company provided accommodation (list of the company's as per the Banks List- ID card of MNC/ Public Ltd., / PSU/ Govt. company containing the residence address)/Address proof in the name of the applicant's spouse or parents name is acceptable
Income Proof:
Latest salary slip for Government employees; if salary slip is not available, only salary certificate to be accepted with deductions
Other relevant documents will be required depending upon the segment and profile of the applicant
Please contact your Bajaj Auto Finance representative at the nearest Bajaj Auto dealer to avail a loan.




Gold Loan Photo ID
KYC Proof
Loan Against PropertyApplication form
Photograph
Identity Proof
Address proof
Signature Proof
Date of Birth Proof
IT Returns & Balance Sheet & P/L Account statement for the last 2 years
Business Continuity Proof for 5 years
Bank Account Statements for the last 6 months
Copy of property paper to be mortgaged
Loan Against Fixed DepositSingle page application form
Fixed deposit receipt
ECS mandate (only for Non-Cumulative FD)
Cancelled cheque (only for Non-Cumulative FD)

About Bajaj Finserv

When it comes to best financial firms in Chennai, there is no doubt on the fact that there is the only name that strikes the mind i.e. Bajaj Finance. Yes, you read that absolutely right! This Non Banking Financial Company was established in the year 2007 by Jamnalal Bajaj and since then it has been scaling new heights of success each day. By offering a wide range of quality services and innovative products in the areas of consumer finance, SME finance and commercial lending and wealth management, this subsidiary finance company is known for delivering nothing but the best. Be it availing the loans, insurances, investments or any sort financial service, this company is always ready to help you.

After establishing a nationwide presence in over 1400 locations, the main objective of this firm is to reach out each and every customer. If we talk about its parent company, Bajaj Holdings & Investments Limited is already a well-established name in the finance sector, known for delivering the best experience to one and all. However, if we talk about the best services and products by Bajaj Finserv in Chennai, read this page further to know the same as on this page, you will get all the updates.

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EMI Calculator