Apply for Instant Personal Loan in Chennai Starting from @ 10%

Bajaj Finance Limited in Chennai

Formerly known as Madras, Chennai is the capital of Tamil Nadu, located along the Coromandel Coast. It is a major educational, economic, and cultural hub of South India, attracting both tourists and professionals.

Recognised as the Health Capital of India, Chennai experiences a high influx of medical tourists due to its advanced healthcare facilities. The city also boasts a thriving automobile, IT, and hardware manufacturing industry.

For financial needs, residents can access a personal loan in Chennai at low interest rates. Bajaj Finance offers personal loan in Chennai for salaried individuals with personalised benefits. If you need an urgent loan in Chennai, apply online for a hassle-free experience and conveniently track your loan details.

Proceed to apply online now.

Repay easily

Select a repayment tenor ranging between 12 months and 96 months months and repay according to your financial capability.
Transparent policy

Our terms and conditions are transparent with no hidden charges. Keep the cost of borrowing minimal.
Loans up to Rs. 55 lakh

Opt for personal loans of up to Rs. 55 lakh against no collateral or security.
Flexi loans

With the unique Flexi loan facility, repay comfortably and save up to 45%* on EMIs.
Few documents

Minimum document requirement speeds up and simplifies the loan application process.
Online account management

Access the loan account online and track all information through our customer portal - My Account.
Fast approval

Fill the online application form to get the instant personal loan with quick approval.
Receive funds in 24 hours*

Bajaj Finserv transfers the approved personal loan amount within 24 hours*. Receive the funds directly in your account.

*Conditions apply

Documents required for personal loan finance in Chennai

The documentation requirements for a personal loan in Chennai can vary from lender to lender. Below are the documents that are required to be submitted when applying for a Bajaj Finance Personal Loan:

KYC documents: Aadhaar/ passport/ voter’s ID/ driving license/ Letter of National Population Register
PAN card
Employee ID card
Salary slips of the last 3 months
Bank account statements of the previous 3 months

Check the online interest calculator to find accurate repayment details based on the latest personal loan interest rate. It helps you plan better and choose the best loan option.

Type of fee	Applicable charges
Rate of interest	10% to 31% p.a.
Processing fees	Up to 3.93% of the loan amount (inclusive of applicable taxes).
Flexi Facility Charge	Term Loan – Not applicable Flexi variant - A fee will be deducted upfront from the loan amount (as applicable below) Up to Rs. 1,999/- for loan amount less than Rs. 2,00,000 Up to Rs. 3,999/- for loan amount from Rs. 2,00,000 to Rs. 3,99,999 Up to Rs. 5,999/- for loan amount from Rs. 4,00,000 to Rs. 5,99,999 Up to Rs. 7,999/- for loan amount from Rs. 6,00,000 to Rs. 9,99,999 Up to Rs. 8,999/- for loan amount from Rs. 10,00,000 to Rs. 14,99,999 Up to Rs. 9,999/- for loan amount from Rs. 15,00,000 to Rs. 19,99,999 Up to Rs. 10,999/- for loan amount from Rs. 20,00,000 to Rs. 24,99,999 Up to Rs. 11,999/- for loan amount from Rs. 25,00,000 to Rs. 29,99,999 Up to Rs. 12,999/- for loan amount of Rs. 30,00,000 and above All the above Flexi facility charges are inclusive of applicable taxes Loan amount includes approved loan amount, insurance premium, and VAS charges.
Bounce charges	Rs. 700 - Rs. 1,200 per bounce. “Bounce charges” shall mean charges for (i) dishonour of any payment instrument; or (ii) non-payment of instalment (s) on their respective due dates due to dishonour of payment mandate or non-registration of the payment mandate or any other reason
Pre-payment charges	Full Prepayment Term Loan: Up to 4.72% (inclusive of applicable taxes) on the outstanding loan amount as on the date of full prepayment. Flexi Term Loan (Flexi Dropline): Up to 4.72% (inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule as on the date of full prepayment. Flexi Hybrid Loan: Up to 4.72% (inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule as of the date of full prepayment. Part-prepayment Term Loan: Up to 4.72% (inclusive of applicable taxes) of the principal amount of the loan prepaid on the date of such part-prepayment. Not Applicable for Flexi Term Loan (Flexi Dropline) and Flexi Hybrid. *Foreclosure will be processed post clearance of first EMI
Penal charge	Delay in payment of instalment(s) shall attract Penal Charge of Rs. 8 - Rs. 12 per day per instalment from the respective due date until the date of receipt of the full instalment(s) amount.
Stamp duty (as per respective state)	Payable as per state laws and deducted upfront from loan amount.
Annual maintenance charges	Term Loan: Not applicable Flexi Term Loan (Flexi Dropline): Up to 0.295% (inclusive of applicable taxes) of the total withdrawable amount (as per the repayment schedule) on the date of levy of such charges. Flexi Hybrid Loan: Up to 0.295% (inclusive of applicable taxes) of the total withdrawable amount during the initial tenure. Up to 0.295% (inclusive of applicable taxes) of total withdrawable amount during subsequent tenure.
Broken period interest / Pre-monthly Instalment interest	Method of recovery of "Broken Period Interest/Pre monthly instalment Interest" would be as follows: EMI Date : 2nd Scenario 1: If Loan is disbursed on 1st or post 10th of the month: For Term Loan: BPI amount will be capitalised, i.e added to Principal amount on Due date / Deducted from disbursement For Flexi Loans: BPI amount will be capitalised, i.e added to Principal amount on Due date / Added to first instalment Scenario 2: If Loan is disbursed between 3rd and 10th of the month: First instalment will consist of interest for actual number of days
Principal Holiday Facility Fees	Up to Rs.1999/- for loan amount less than Rs.2,00,000 Up to Rs.3999/- for loan amount from Rs. 200000 to Rs.399999 Up to Rs.5999/- for loan amount from Rs. 400000 to Rs.599999 Up to Rs.7,999/- for loan amount from Rs. 600000 to Rs.999999 Up to Rs.8,999/- for loan amount from Rs.10,00,000 to Rs. 1499999 Up to Rs. 9999/- for loan amount from Rs. 15,00,000 to Rs.19,99999 Up to Rs.10,999/- for loan amount from RS. 20,00,000 to RS.2499999 Up to Rs.11,999/- for loan amount from RS.25,00,000 to RS. 29,99999 Up to Rs. 12,999/- for loan amount of Rs.30,00,000 and above Above charges are inclusive of applicable taxes & will be deducted upfront from loan amount *(Loan amount includes approved loan amount, Insurance Premium & VAS Charges)

Note: Additional cess if any, will be applicable to all charges according to state law.

*Terms and conditions apply.

Bajaj Finance provides a personal loan in Chennai to meet diverse financial needs with flexible repayment options and competitive interest rates. Whether for planned expenses or urgent requirements, borrowers can choose from multiple loan options, including:

Travel loan – Fund your dream holiday with a travel loan covering travel, accommodation, and other expenses.
Marriage loan – Manage wedding expenses effortlessly with a marriage loan for venue bookings, jewellery, and catering.
Personal loan for higher education – Secure funds for tuition fees and educational expenses with a personal loan for higher education.
Medical loan – Cover medical emergencies, hospital bills, and treatments with a medical loan.
Personal loan for home expenses – Renovate, furnish, or upgrade your home with a personal loan for home expenses.

Here is a step-by-step guide to apply for a personal loan online.

Click on ‘APPLY’ at the top of this page to open our online personal loan application form.
Enter your 10-digit mobile number and the OTP sent to your phone.
Fill in the application form with your basic loan details, such as your full name, PAN, date of birth, and PIN code.
Now, click on ‘PROCEED’ to visit the loan selection page.
Enter the loan amount that you need.
Choose the repayment tenure – you can select tenure options of 12 months to 96 months and click on ‘PROCEED’.
Complete your KYC and submit your application.

Our representative will guide you on the next steps. The loan amount will be transferred to your bank account on the successful verification of your documents

Our Personal Loan branches in Chennai

Personal loan in Adayar	Personal loan in Anna Nagar
Personal Loan In Anna Salai	Personal Loan in Raheja towers, Anna Salai
Personal Loan In Annanagar	Personal Loan In West Tambram

Frequently asked questions

To get a personal loan in Chennai with a salary of Rs. 15,000, approach banks, NBFCs, or online lending platforms. Provide necessary documents like proof of income, address, and identity. Consider your credit score and existing debts. Online lenders may have different eligibility criteria, so compare options before applying.

To obtain a personal loan quickly in Chennai, consider online lenders for faster processing. Ensure you meet eligibility criteria, have required documents ready, and maintain a good credit score. Online platforms may offer instant approval and disbursal. Compare interest rates and terms to choose the most suitable option for your needs.

Several lending institutions in Chennai offer personal loans, including Bajaj Finserv. The best choice depends on your specific requirements, interest rates, and eligibility criteria. Compare offerings from various institutions to find the most suitable option.

The minimum income requirement to get a personal loan in Chennai will vary based on the lender.

You can get the Bajaj Finserv Personal Loan within 24 hours* of approval.

You need a CIBIL Score of 685 or above to get the Bajaj Finserv Personal Loan.

Use the Bajaj Finserv Personal Loan EMI Calculator by entering the loan amount, interest rate, and tenure to get an instant estimate of your monthly repayment amount.

No, lenders require essential documents like identity proof, address proof, income statements, and bank details to process a personal loan in Chennai, ensuring eligibility and financial credibility.

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