Bajaj Finserv Personal Loan EMI Calculator
Calculate your monthly EMI for Bajaj Finserv personal loans at 11%-34% interest for amounts up to ₹40,00,000.
₹
₹20,000₹40,00,000
%
11.0%34.0%
1 Mo96 Mo
Monthly EMI
₹9,322
Total Interest
₹23,718
Total Payment
₹2,23,718
Monthly EMI
₹9,322
Principal Amount
₹2,00,000 (89.4%)
Total Interest
₹23,718 (10.6%)
Amortization Schedule
| Year | Principal | Interest | Total Paid | Balance |
|---|---|---|---|---|
| Year 1 | ₹94,537 | ₹17,327 | ₹1,11,864 | ₹1,05,463 |
| Year 2 | ₹1,05,463 | ₹6,390 | ₹1,11,864 | ₹0 |
Bajaj Finserv Personal Loan at a Glance
Interest Rate
11%
to 34%
Max Amount
₹40,00,000
min ₹20,000
Min CIBIL
685
minimum score
Tenure
Up to 96 mo
min 1 months
Bajaj Finserv Loan Details
| Interest Rate | 11% — 34% p.a. |
| Loan Amount | ₹20,000 to ₹40,00,000 |
| Tenure | 1 to 96 months |
| Processing Fee | Up to 3.93% |
| Prepayment Charges | Up to 4.72% |
| Min CIBIL Score | 685+ |
| Min Monthly Salary | ₹20,000 |
| Age Requirement | 21 to 67 years |
| Employment Types | Salaried, Self-employed |
| Disbursal Time | 24 hours |
EMI Example: ₹2,00,000 at 11%
Loan Amount: ₹2,00,000
Interest Rate: 11% p.a. (best rate)
Tenure: 24 months
Monthly EMI: ₹9,322
Total Interest: ₹23,728
Total Payment: ₹2,23,728
Pros
- +Flexible tenures (1-96 months)
- +Accepts 685+ CIBIL
- +Very wide reach across India
- +Fast 24-hour disbursal
- +Flexi loan option
Cons
- -Higher interest rates for lower CIBIL
- -Processing fees can add up
- -Aggressive collection practices reported
Bajaj Finserv EMI Calculator — FAQs
What is the EMI for a Bajaj Finserv personal loan?
For a ₹2,00,000 loan at 11% interest for 24 months, the EMI would be approximately ₹9,322 per month. Total interest payable would be ₹23,728. Use the calculator above to try different amounts and tenures.
What interest rate does Bajaj Finserv charge on personal loans?
Bajaj Finserv charges personal loan interest rates starting from 11% p.a. going up to 34% p.a. The actual rate depends on your credit score, income, employment type, and existing obligations. A CIBIL score of 750+ typically gets you rates closer to the lower end.
What is the minimum CIBIL score for a Bajaj Finserv personal loan?
The minimum CIBIL score required for a Bajaj Finserv personal loan is 685. A higher score (750+) will help you get a lower interest rate and better terms.
Can I prepay my Bajaj Finserv personal loan early?
Bajaj Finserv's prepayment policy: Up to 4.72%. Prepaying your loan reduces the outstanding principal and can save you significant interest over the remaining tenure. Use the calculator to see how much you can save.
How fast does Bajaj Finserv disburse personal loans?
Bajaj Finserv typically disburses personal loans within 24 hours. Disbursal time depends on document verification, KYC completion, and your profile. Existing Bajaj Finserv customers may get faster disbursal through pre-approved offers.
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