Bajaj Finserv is known for its progressive steps in the financial sector on personal loans extending these instruments to individuals across the country. They are reputed for their positioning on rates of interest. Individuals can apply for these loans for a variety of purposes and Bajaj Finserv offers them in the rage of Rs. 50,000 to 25 lakhs. The bank needs good credit history in terms of a CIBIL Score as well as employment records, salary certificate and current overheads to extend low interest loans with easy and instant approval.
Any purpose including weddings, vacation travel, home renovation, medical treatment etc can be met with these loans. The amount of loan, repayment term and interest rate will ultimately decide the EMIs. Bajaj Finserv offers pre-closure of loans with a charge of about 4%-5% after the loan has been serviced for a specific period