If you also want to know how to apply for a Bajaj Finance Personal Loan, then you have clicked on the right video/article. Here, you will get the latest complete step-by-step process that you can follow to apply for a personal loan from Bajaj Finance.
But before starting the process, my first suggestion will always be this:
If you need money, visit your own bank branch first and ask for a personal loan. If they approve it, you may get a lower rate of interest.
If the bank doesn’t approve your loan, then you can go for an NBFC. Bajaj Finance is an RBI-registered NBFC (Non-Banking Finance Company).
The best thing about Bajaj Finance is that you can get a loan up to ₹55 lakh. Whether you need a small or a large amount, you can apply accordingly. However, the approval does not depend on how much you apply for. It depends completely on your eligibility.
For example:
- You may need ₹1 lakh but your eligibility may allow ₹5 lakh, so you will get approval for ₹5 lakh.
- Or you may need ₹5 lakh but your eligibility may be only ₹1 lakh.
Your loan eligibility depends on various factors like your income, credit score, credit history, and more.
Bajaj Finance Personal Loan Eligibility Criteria
If you want to apply for a personal loan from Bajaj Finance, make sure you meet these requirements:
- You must be an Indian citizen.
- Your age must be between 21 and 80 years.
- Your CIBIL score should be above 650.
- Loan is available for salaried and self-employed individuals only.
- Students, housewives, and retired persons should not apply, as the loan will not be approved.
- You can work in public, private or MNC sectors — loan is available for all.
Documents Required
If you are applying online, you will need:
- Aadhaar Card
- PAN Card
- Your mobile number must be linked with Aadhaar
- The bank account in which you receive salary (or business transactions for self-employed) must be linked for income verification.
Bajaj Finance Personal Loan Apps Download Here 
Step-by-Step Process to Apply for Bajaj Finance Personal Loan
1. Visit the official website
Click on the link (as given in the video description). You will see the homepage.
Scroll down and enter:
- Loan amount (₹40,000 to ₹50 lakh)
- Loan tenure
Then choose the loan variant. There are three options.
If you choose Term Loan, the interest rate is usually lower and you avoid additional charges.
You will now see:
- Estimated interest amount
- Estimated EMI
These are not final. Final values appear after full verification.
Click Apply.
2. Enter Mobile Number
Enter your mobile number → receive OTP → enter OTP → verify.
3. Enter Personal Details
- Full Name (as per PAN)
- Gender
- Date of Birth (as per PAN)
- PAN Number
- Employment Type (Salaried / Self-Employed)
If salaried, enter:
- Net monthly salary exactly as credited in your bank
- PIN Code (City auto-fills)
Tick the checkbox and click Continue.
4. Income Verification
Your bank account must be linked through OTP.
Enter your bank name → tick the checkbox → click Get OTP → verify.
Provide consent by ticking all checkboxes or selecting “Select All Consent Handles”.
5. Employment Details
Enter:
- Company Name
- Company Type
- Job Profile
- Work Email ID (optional)
- Total Work Experience
- Your total monthly loan EMI (enter ZERO if no existing loan)
Click Continue.
6. Office Address
Enter your complete office address with landmark and PIN code.
Click Continue.
Wait a few seconds.
You will now see whether your loan is approved or rejected.
If approved, you will see:
- Final Interest Rate (example: 23%)
- Your profile may get lower or higher depending on income, credit score and other factors.
Click Continue.
7. Loan Summary
You will now see:
- Loan Amount
- Processing Fee
- Stamp Duty
- Net disbursal amount (money that will be credited to your bank)
Click Continue.
8. KYC Verification
Click Click a Selfie → take a clear selfie and upload.
Then you will be redirected to DigiLocker.
Enter:
- Aadhaar Number
- Captcha → click Next
- Enter OTP
- Enter your DigiLocker 6-digit PIN
Provide consent to fetch only two documents:
- Aadhaar
- PAN
Click Allow.
Your Aadhaar details will appear.
If your current address is same as Aadhaar, select Yes.
If not, select No and update your new address.
Enter additional details like:
- Father’s / Mother’s / Spouse’s name
9. Bank Account Verification
Add the bank account in which:
- Loan amount will be credited
- EMI will be debited every month
Enter your account details → verify.
10. Application Submitted
You will see:
- Application Submitted Successfully
- Name and number of the assigned Bajaj Finance executive
You will receive a call from their executive for further guidance.
If no call comes, you can contact the number displayed on the screen.
Loan amount is usually credited to your bank account within 24–48 hours after completing all steps.
Conclusion
This is the complete process to apply for a Bajaj Finance Personal Loan.
If you have any doubts, feel free to ask in the comment section.
नमस्कार दोस्तों। मेरा नाम Yash Patel है और में पिछले 4 सालो से आपको सही जानकारी दे रहा हूं,Vacancy Xyz का Owner भी हूं, और Writers भी हूं, मैं इस साइट में Job, News,Tech, Finance और Auto मोबाइल की जानकारी देता हूं,जिसका Educational and Awareness Purpose है।
