Bajaj Finserv reduces personal loan interest rates to 12.99 percent

Bajaj Finance Ltd, the lending arm of Bajaj Finserv is offering personal loans at reduced interest rates of 12.99 percent for a loan amount above Rs.10 lacs.

Customers availing loan amount of Rs. 8 lakh to Rs. 11.99 lakh will enjoy a lower interest rate of 13.49 percent. These special interest rates can be availed between March 9th to 13th, 2018.

Applying for a personal loan with Bajaj Finserv is a seamless and convenient process wherein the applicants can log on to company's website to check the eligibility and fill in the application. Personal loans by Bajaj Finserv offer benefits like minimal documentation, instant approval and rapid disbursal. Consumers can utilize the loan amount to plan a holiday trip this summer or pay for emergency expenses or meet monetary deadlines.

Benefits of Bajaj Finserv personal loan

Higher loan amount

Whether it is an unforeseen medical expenditure or funding child's higher education, Bajaj Finserv Personal Loan gives an access to funds up to Rs.25 lakh. There is absolutely no restriction on how the amount is used

Flexible tenure

To ensure that the loan doesn't become a financial burden, Bajaj Finserv offers a flexible tenure that ranges from 24 months to 60 months. Depending on the repayment ability, applicant can pick a tenure that is best suited

Pre-approved offers

If you're an existing customer with Bajaj Finserv, getting access to a personal loan is even easier. The loan will be available to you on a pre-approved basis.

Minimal documentation

An Indian citizen in the age bracket of 25 to 55 years can apply for Bajaj Finserv Personal Loan with great ease. A handful of documents including bank details, KYC documents and proof of employment to apply for the loan. The minimal documentation speeds up the application process further.