Personal loan in Kannur
Kannur, located in Kerala, is home to the Indian Naval Academy and NIFT. Kannur is a city as well as a municipal corporation situated in the North Malabar region. Its proximity to popular South Indian cities makes it a critical link between the southern coast of India and the rest of the country. An education hub in the southern region, it also has good transportation infrastructure, with its economy largely dependent on export trading.
Residents of can avail of a personal loan in Kannur through Bajaj Finance and get the advantage of flexible repayment options, speedy approval, and a high amount.
Features of personal loan in Kannur
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Money in bank in 24 hours*
Once approved, the loan amount is sent to your account within the next 24 hours*.
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Minimal documentation
Submit only a few essential personal and financial documents to avail of a quick personal loan in Kannur.
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Lower EMIs
Avail of the Flexi personal loan to withdraw from a pre-sanctioned amount and reduce your EMIs by up to 45%*
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Flexible tenor
Use the Bajaj Finserv Personal Loan EMI Calculator to select a suitable tenor of up to 96 months.
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Receive up to Rs. 55 lakh
Fund your personal and professional expenditures with financing of up to Rs. 55 lakh.
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Easy loan account management
Manage your loan account online through our dedicated customer portal – Experia.
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Collateral-free advance
The loan is completely unsecured, with borrowers required to meet only the eligibility criteria.
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No hidden charges
Bajaj Finserv ensures 100% transparency in terms and conditions with no hidden charges.
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Fastest loan approval
Receive immediate approval on your personal loan in Kannur when applying online.
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Pre-approved offer
Provide only basic details to check your personalised pre-approved offer for a personal loan in Kannur.
Eligibility criteria for instant personal loan in Kannur
Meet all eligibility requirements laid down by Bajaj Finserv before applying for the loan to improve your chances of instant approval. Use the Bajaj Finserv Personal Loan Eligibility Calculator to assess maximum loan eligibility.
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CIBIL score
Above 685
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Age
Between 21 years to 80 years*
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Nationality
Residing Indian citizen
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Employment
Salaried individual working with an MNC or a private/ public limited enterprise.
Use the Bajaj Finserv Personal Loan EMI calculator to assess the EMIs payable towards your loan and select the loan amount and tenor accordingly. This tool also helps you make other crucial repayment decisions with a quick look at the amortisation schedule.
Documents required to get a personal loan in Kannur
To apply for a personal loan in Kannur, you'll need to submit a few essential documents.
- 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
Know more about the documents required for personal loan. Having these documents ready ensures a smooth application process and faster approval.
Interest rates and charges on personal loans in Kannur
Repay your personal loan affordably with nominal interest rates and charges. Know more about the personal loan interest rate and associated charges.
Uses of personal loans in Kannur
A personal loan can be used to meet a variety of financial needs. These include:
- If you're planning a vacation, you can opt for a personal loan for travel to cover your travel expenses without hassle.
- For making your wedding memorable, a personal loan for wedding provides the flexibility to fund all your wedding needs.
- If you need to secure funding for higher education, a personal loan for higher education offers affordable interest rates to help you or your loved one achieve academic goals.
- In the case of unforeseen medical costs, a personal loan for medical emergency provides quick financial assistance.
- For home renovations or other household needs, a personal loan for home expenses is a convenient option.
How to apply for a personal loan in Kannur?
- 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 from our three personal loan variants –Term, Flexi Term, and Flexi Hybrid.
- Choose the repayment tenure and click on ‘PROCEED’.
- Complete your KYC and submit your application.
Our representative will guide you on the next steps. The personal loan amount will be transferred to your bank account on the successful verification of your documents
Our Personal Loan branches in Kannur
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Frequently asked questions
The interest rates for a Bajaj Finserv Personal Loan range from 10% to 31% p.a.
It is possible to foreclose or make part-prepayments on your personal loan in Kannur. Ensure that you make a note of the charges associated with foreclosure and part-prepayments.
A personal loan from Bajaj Finance Ltd comes with a processing fee of up to 3.93% of the loan amount (inclusive of applicable taxes).
You can calculate your EMI using an EMI calculator and entering the loan amount, tenure, and interest rate.
