Bajaj Finserv is a digital lending marketplace (bajajfinservmarkets.in) operated by Bajaj Finserv Direct Limited, offering personal loans in India that are financed by the RBI-regulated bank or NBFC named in each offer's own Key Fact Statement rather than by the marketplace itself.
Decide based on your real situation, not on how fast the loan is approved.
Built for large expenses: loans up to Rs 50 lakh with up to 5 years to repay, and rates are published upfront (9.99%-27% p.a.) so you can compare cost before applying.
Prepayment/foreclosure is allowed (fee up to about 4.72% of the outstanding amount), so you can close the loan early if your finances improve.
Not for a small, quick loan - minimum ticket is Rs 50,000 with a 12-month minimum term.
Best suited to salaried applicants; some partner banks require a CIBIL score of 730+, which can exclude thinner credit files.
Bajaj Finserv offers personal loans of Rs 50,000 to Rs 4,00,000 at 11% to 14% per annum, with tenures from 12 to 60 months. Age eligibility runs from 21 to 80 years, one of the widest ranges among lenders on this list.
