Bajaj Finserv is a non-banking financial company which was earlier part of the Bajaj Auto Group but later demerged to concentrate on the financial services business. It is the holding company of Bajaj Finance and Bajaj Allianz. It provides services in the areas of lending and personal finance, asset and wealth management and finally insurance. Bajaj Finance provides loans and consumer finance services to individuals and small businesses.
Bajaj Finance offers Personal loans for various requirements such as wedding, vacation funding, child’s education, home renovations, medical emergencies, financing an existing loan and so on. They provide speedy and transparent service according to the specific requirement of the customer. For salaried professionals they have a 5 minute approval offer to ease the entire process and 100% online loan approval in selected cases.
Bajaj Finance offer personal loans with attractive interest rates extending from 13.99% to 19.00% which is payable through EMI and flexi repayment facility and the prepayment through idle funds is the highlight of their service.Also the interest rates vary based on the income, your location and your company listing. Loan available upto 15 Lakhs for salaried individuals, which tenures from 12 – 60 months. As personal loans are unsecured loans, they have simpler documentation with no collateral or guarantor requirement. Bajaj Finance offers pre-payment of the loan at any time without any charges.