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Bajaj Finserv Personal Loan in Mumbai

Bajaj Finserv Personal Loan in Mumbai

Last Updated : April 4, 2017, 5:49 p.m.

Bajaj Finserv Mumbai Branches and Customer Care Number

Branch NameComplete AddressCustomer Care
Andheri East, Mumbai,No.A/501, 5th Floor, Sagartech Plaza, Sakinaka Junction, Andheri Kurla Road, Andheri East, Mumbai, Maharashtra 4000721800 209 4151
Katrak Road,, Mumbai,1st Floor, B-10, Shree Ram industrial Estate, Katrak Road,, Mumbai, Maharashtra 400031022 2222 4444
Goregaon – East,, Mumbai,403, 4th Floor, Accord Commercial Complex, Near Railway Station, Goregaon – East,, Mumbai, Maharashtra 4000631800 209 4151
Navi Mumbai, MaharashtraThe Affairs, 7th Floor, Sector 17, Sanpada, Navi Mumbai, Maharashtra 400705020 3957 4151
Goregaon East, Mumbai4th Floor, 271, Business Park, Industrial Estate, Off Western Express Highway, Goregaon East, Mumbai, Maharashtra 400063

1800 2094 1513

Bajaj Finserv Mumbai Main Branch Address

  • Branch Name: Goregaon East
  • Complete Address: No. 271, 3rd Floor, Business Park, Model Industrial Estate, Western Express Highway, Goregaon East, Mumbai – 400063
  • Customer Care Number: 1800 209 4151

Bajaj Personal Loan Interest Rates in Mumbai

ParticularsDetails
Interest Rate (in p.a.)11.00% Onwards
Loan AmountUpto ₹ 25 Lakh
Tenure5 Years
Processing Fee1% - 2% of the loan amount
Part Pre- payment ChargesNil
Foreclosure ChargesNil

Apply Personal Loan @ 10.75%* Rate

Personal Loan EMI Calculator

A personal loan EMI calculator is the tool that helps you calculate Equated Monthly Installments. Here is an example showing the payments you will have to do if you take a personal loan from Bajaj Finserv worth ₹7,00,000 for the tenure of 5 years and an interest rate of 12.5% p.a.

Table Showing EMI, Interest Outgo, and Total Repayment Amount

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

YearPrincipalInterestBalance Amount
1₹ 1,07,503₹ 81,479₹ 5,92,496
2₹ 1,21,738₹ 67,244₹ 4,70,757
3₹ 1,37,858₹ 51,124₹ 3,32,898
4₹ 1,56,113₹ 32,869₹ 1,76,785
5₹ 1,76,947₹ 12,197₹ 0

Eligibility Criteria

  • 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, Gurgaon, 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.

How to Apply

The process of applying for a personal loan is simple and quick. You need to fill the loan application form and submit it along with the documents checklist at your nearest bank branch or online.

Loan Application Form

In the application form for a personal loan, you must fill in the below-mentioned details:

  1. Personal details of the applicant/s
  2. Professional details of the applicant/s
  3. Loan details (amount and tenure)

Documents Required

  • 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
  • Proof of Address: Passport / Driving license / Ration card / Latest mobile bill / Letter from employer (with HR / Admin sign)

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