Instant Personal loan in Coimbatore
Coimbatore, nestled amidst the Western Ghats, is Tamil Nadu’s second-largest city, thriving as an industrial hub. It stands as a key exporter of textiles, auto components, poultry, jewellery, and wet grinders. The city’s rapid growth has been fueled by industrialization, with over 25,000 industries, primarily focused on textiles and engineering. The surrounding cotton fields further boost its textile industry, while education and healthcare play significant roles in its economy.
Bajaj Finserv offers accessible personal loans in Coimbatore, with amounts of up to Rs. 55 lakh to cater to all your financial needs. With competitive interest rates and flexible terms, you can conveniently apply online or visit one of our two major branches. Whether addressing expenses or making strategic investments, a Bajaj Finserv personal loan can provide the support you need, with quick approval upon submitting the online application and necessary documents.
Features and benefits of personal loan in Coimbatore
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100% transparency
Our terms and conditions are completely transparent and there are no hidden charges.
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Minimal documents
The personal loan application process is hassle-free and simple, requiring only a few documents.
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Flexibility
Lower your EMIs by up to 45% and repay with a surplus using our Flexi loan facility.
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Higher loan amount
With Bajaj Finserv, address multiple small needs or big-ticket requirements with funds of up to Rs. 55 lakh.
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Immediate approval
Get your personal loan in Coimbatore approved immediately.
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Tenor options
Reduce your repayment stress by choosing a suitable tenor of up to 96 months.
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Account management online
Manage your loan account online with ease and view essential details via our customer portal - My Account.
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Get money within 24 hours*
Wait for only 24 hours* post-approval and the money shall reach your account directly.
Bajaj Finserv, one of the leading personal loan providers in Coimbatore, offers loans of up to Rs. 55 lakh to meet your financial needs. Whether managing expenses or making strategic investments, our personal loan solutions come with competitive interest rates and flexible terms. Enjoy a hassle-free process—simply fill out the online application form and upload the required documents for instant approval. Experience convenience and reliability with Bajaj Finserv personal loans in Coimbatore.
*Conditions apply
Eligibility criteria to get a loan in Coimbatore
Check out the eligibility criteria and documents needed before applying for the loan. Use a personal loan eligibility calculator for precise decision-making.
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Nationality
Indian, resident of India
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Employment
Must be a salaried employee at a reputed MNC or a private/ public limited company
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Credit score
Above 685
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Age
Between 21 years to 80 years*
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Income
Minimum salary requirement is Rs. 35,000 per month. Refer to our eligibility page for other details
The minimum salary depends on the applicant’s place of residence. If your salary is below the required amount, highlight additional income sources like rent, freelance work, etc. This will strengthen your repayment capability and make the Bajaj Finserv Personal Loan accessible.
Documents required to apply for a Personal loan in Coimbatore
Ensure a hassle-free application by keeping the following documents required for a personal loan ready:
- Identity Proof: Aadhaar, PAN, Passport, or Voter ID.
- Address Proof: Utility bills, rental agreements, or other valid address documents.
- Income Proof: Salary slips and bank statements for salaried individuals, or IT returns and financial statements for self-employed applicants.
- Photographs: Recent passport-sized photo.
For more details, check the complete list of documents required for personal loan documents.
Interest Rate and Charges on Personal Loan in Coimbatore
Bring down the cost of a loan with Bajaj Finserv’s interest rate personal loan.
Bajaj Finserv offers competitive interest rates and transparent charges on personal loans in Coimbatore, making it easier to manage your financial needs. The interest rate depends on factors like your credit score, income, and repayment capacity.
To better plan your finances, use our interest calculator. This handy tool helps you estimate the total interest and EMIs based on your loan amount and tenure. Along with reasonable processing fees and no hidden costs, Bajaj Finserv ensures a seamless borrowing experience.
Calculate your potential costs with the interest calculator and make an informed decision before applying for a personal loan in Coimbatore.
Our Personal Loan branches in Coimbatore
How to apply for a Personal loan in Coimbatore
Applying for an easy personal loan in Coimbatore is simple and hassle-free with Bajaj Finserv. Follow these steps:
- Visit the website: Apply for a personal loan online through the Bajaj Finserv portal for a seamless experience.
- Check eligibility: Ensure you meet the eligibility criteria based on income, credit score, and other factors.
- Fill the application form: Provide accurate details and choose the loan amount and tenure that suit your requirements.
- Upload documents: Submit the necessary documents, such as ID proof, address proof, and income proof, for verification.
- Approval and disbursal: Once approved, the loan amount will be disbursed quickly into your account.
Enjoy the convenience of an easy personal loan in Coimbatore with Bajaj Finserv.
Frequently asked questions
The minimum age to apply is 21 years, and the maximum age at loan maturity is 80 years*.
Yes, Bajaj Finserv offers competitive and affordable interest rates for personal loans in Coimbatore.
Salaried individuals, self-employed professionals, and business owners can apply for a personal loan in Coimbatore.
The approval process can take as little as 5 minutes, depending on document verification.
You can get a personal loan up to Rs. 55 lakhbased on your eligibility.
The minimum income requirement is typically Rs. 25,000 per month, depending on your profile.
Use the personal loan EMI calculator to calculate your monthly EMI based on loan amount, tenure, and interest rate.