Instant personal loan in Raipur
Raipur, the capital and largest city of Chhattisgarh, is a key commercial and industrial hub. With abundant mineral resources, well-connected transportation infrastructure, and premier educational institutions like IIM, NIT, AIIMS, and IIT, the city has witnessed rapid economic growth. Industrialisation and commercialisation have further increased the financial needs of its residents.
To meet these financial needs, Bajaj Finserv offers personal loans in Raipur at low interest rates without requiring collateral. Eligible individuals can apply online. These loans offer swift access to funds, enabling individuals to manage medical bills, education fees, home improvements, or other personal financial needs effortlessly.
Features of personal loan in Raipur
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Receive funds within 24 hours*
The loan amount is sent to your bank account within 24 hours* of approval.
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Instant approval
Apply online for your personal loan in Raipur with the right eligibility to receive instant approval.
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Basic documents required
Submit only essential documents required for a personal loan to receive hassle-free approval.
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Flexible financing
Bajaj Finserv brings the Flexi loan facility with EMI reduction of up to 45%*.
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Long tenor
Repay your personal loan in Raipur at affordable EMIs with tenors going up to 96 months.
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100% transparency
With completely transparent terms and conditions, be assured of no hidden charges levied on your personal loan.
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Funds up to Rs. 55 lakh
Get up to Rs. 55 lakh to fulfil your diverse financing needs with ease.
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Online loan account management
Log in to the customer portal - My Account, to access your loan account for easy online tracking.
*Conditions apply
Eligibility criteria for instant personal loan in Raipur
To avail a personal loan, salaried individuals must meet minimal eligibility and document requirements. Use the personal loan eligibility calculator to check your eligibility instantly and apply with ease.
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CIBIL Score:
A minimum CIBIL score of 685 is required to qualify for a Bajaj Finserv Personal Loan.
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Age:
Applicants must be between 21 years and 80 years* old at the time of loan application.
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Nationality:
Only Indian citizens currently residing in the country can apply.
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Employment:
Applicants must be salaried employees working in a public or private sector company or MNC.
Documents required for personal loan in Raipur
To ensure a hassle-free application process, applicants must submit the necessary documents for verification. Check the complete list of documents required for a personal loan before applying.
- KYC 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
Interest rates and charges
With interest rate on personal loan in Raipur and other charges kept nominal, borrowers can enjoy repayment affordability.
Wide range of personal loans offered by Bajaj Finance
Bajaj Finance provides an instant personal loan in Raipur to cater to diverse financial needs. These loans come with competitive interest rates, flexible repayment options, and minimal documentation, ensuring quick access to funds. Whether for planned expenses or emergencies, borrowers can choose from different types of personal loans, including:
- Travel loan – Enjoy stress-free holidays with a travel loan covering airfare, accommodation, and other travel expenses.
- Marriage loan – Manage wedding expenses effortlessly with a marriage loan for venue booking, jewellery, and more.
- Personal loan for higher education – Secure quality education with a personal loan for higher education covering tuition fees and other costs.
- Medical loan – Handle unexpected medical emergencies with a medical loan for hospital bills, treatments, and surgeries.
- Personal loan for home expenses – Renovate or furnish your home with a personal loan for home expenses tailored for home improvement needs.
How to apply for a personal loan in Raipur
To apply for a personal loan in Raipur, follow these simple steps for a hassle-free process:
- 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 – you can select a suitable tenure 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.
Frequently asked questions
The minimum job experience needed for loan approval will differ from lender to lender.
Salaried individuals aged 21 years to 80 years*, residing in India, with a CIBIL score of 685 or above, are eligible for a personal loan in Raipur.
The tenure for a personal loan in Raipur typically ranges from 12 months to 96 months.
You can make part-prepayments towards your loan, and also foreclose it, as per your needs. Ensure that you read all the fees and charges related to part-prepayments and foreclosure before proceeding.
Defaulting on a personal loan can lead to penalties, a lower credit score, legal action, and difficulty in securing future loans due to poor financial credibility.
Yes, you may get a personal loan with a low credit score, but the interest rate will likely be higher, or the loan amount may be lower based on lender discretion.
