Features and benefits of personal loan
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Pre-approved loans are a privilege we offer our existing customers. With this offer, you enjoy expedited loan processing.
Pre-approved offers
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Lightning-fast loans
Meet the eligibility criteria with a few important documents and get speedy loan approval in 5 minutes*.
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Easy application
To get through the personal loan application process with ease, all you need to do is submit basic documentation.
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Quick disbursal
Get the entire sanction disbursed to your bank account within 24 hours of approval.
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Collateral-free loan
This low salary personal loan is easy to avail as you don't require to pledge assets as a security in order to avail funding.
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Flexi loan privileges
Reduce your EMI payments up to 45%* with our Flexi loan facility. With this feature, you only pay interest on the money you borrow from your loan amount.
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No hidden charges
Our unsecured loan has no hidden fees or charges. The loan terms are clearly listed for your benefit.
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Flexible repayment
Handle loan repayment based on your comfort by picking a tenor that ranges up to 96 months.
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Manage the loan online
With the online loan account, you check personal loan interest rates, go through your loan statement and manage EMIs at any time.
Whether you're looking to fund a business expansion, medical emergency, or overseas travel, the Bajaj Finserv Personal Loan of Rs. 9 lakh is the instrument for you. With this offering, you get access to an ample sanction at a flexible tenor and an attractive interest rate.
This loan comes with digital management tools to help you access vital loan information whenever you need it. You can also benefit from the Flexi loan facility to borrow from your sanction freely, as needed, and pay interest only on the amount you withdraw. To keep repayment in check and ensure a cost-effective borrowing experience, be sure to use the EMI calculator.
Rs. 9 lakh personal loan EMI up to 10 Years
Check out the illustration below for Rs. 9 lakh loan EMI for 10 years. You can also use our personal loan EMI calculator to check different EMI options for a Rs. 9 lakh loan.
Tenure |
Approximate EMI at 10% interest rate |
1 Year |
Rs. 469,474 |
2 Years |
Rs. 23,380 |
3 Years |
Rs. 16,781 |
4 Years |
Rs. 12,762 |
5 Years |
Rs. 10,478 |
6 Years |
Rs. 9,276 |
7 Years |
Rs. 8,477 |
8 Years |
Rs. 7,888 |
9 Years |
Rs. 7,426 |
10 Years |
Rs. 6,982 |
Eligibility criteria for a personal loan
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Indian
Nationality
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Age
21 years to 80 years*
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CIBIL score
685 or higher
*Higher age limit is applicable at the time of loan maturity
To check your eligibility with ease, use our online Personal Loan eligibility calculator.
Documents required to get a personal loan
To apply for a Rs. 9 lakh personal loan, it’s essential to have the necessary documents ready. These personal loan document requirements ensure smooth and hassle-free approval
- Aadhaar/ passport/ voter’s ID/ driving license/ Letter of National Population Register/ NREGA job card
- PAN card
- Employee ID card
- Salary slips of the last 3 months
- Bank account statements of the previous 3 months
- Piped gas bill
- Pension order
- Letter of Allotment of Accommodation Issued by Employer
- Property / Municipal tax receipt
- Utility bill
- Real-time image / photograph
- Ration card
Interest rates and charges on personal loan
Avail of an online personal loan of Rs. 9 lakh at competitive interest rates and flexible repayment periods. Know more about the interest rates and associate charges.
How to apply for a personal loan of Rs. 9 lakh?
Applying for a personal loan of Rs. 9 lakh is simple and hassle-free. Follow this 5-step guide to complete your application online.
- 1 Click on 'Apply Online' on the website
- 2 Fill in the simple application form and enter your phone number
- 3 Enter the OTP to verify your identity
- 4 Fill in the basic KYC, employment and income details
- 5 Upload the documentation and submit the form
Await contact from an authorised representative for further guidance.
*Conditions apply
Frequently asked questions
To apply for a personal loan of Rs. 9 lakh online, follow the below-mentioned steps:
- Enter the personal and employment details to fill up the online application form.
- Select the preferred loan amount and repayment tenor.
- Submit the necessary documents to the representative.
- The lender will credit the loan amount directly to your account.
The EMI of your personal loan will depend on the interest rate and loan repayment tenor. You can calculate the EMI with the Bajaj Finserv Personal Loan EMI Calculator. Let’s say you take a personal loan of Rs. 9 lakh for a tenor of five years at the annual interest rate of 16%, your EMI will stand at Rs. 25,506, and the total interest payable will be Rs. 3,24,305.
The repayment tenure typically ranges from 12 months to 96 months, depending on the lender’s terms and your eligibility.
Yes, you can easily apply online by submitting the required documents and completing the application process on the lender’s portal.
Approval is usually granted within 24 hours, depending on document verification and lender processing time.
No, a personal loan of Rs. 9 lakh is generally unsecured, meaning no collateral is required.
A good credit score improves your chances of approval and may result in better interest rates.
Missing an EMI can lead to penalties, increased interest, and a negative impact on your credit score.
The salary requirement for a Rs. 9 lakh loan will differ from lender to lender. The personal loan approval depends on other factors as well, such as your credit history, CIBIL Score, and so on.
Yes, many lenders allow part-payments, but some may charge fees or have specific conditions for early repayment.
