Bajaj Finance Raises Loan Limit: Get ₹75L Now?

Bajaj Finance has raised its personal loan cap from ₹55 lakh to ₹75 lakh, with no collateral required and tenures up to 108 months. But the higher limit is only for top-credit borrowers — your actual offer depends on income and CIBIL score.

Here's what happened: Bajaj Finance has increased its personal loan ceiling by ₹20 lakh — from ₹55 lakh to ₹75 lakh — with no collateral or security required from borrowers.. Repayment tenures run from 12 months to 108 months (9 years), giving borrowers flexibility to choose an EMI that fits their monthly budget.. The ₹75 lakh limit is the maximum possible — actual loan amount sanctioned depends on the applicant's income, credit score, and existing financial obligations..

What you should do: Check your CIBIL score before applying — a score above 750 significantly improves your chances of being offered a higher amount at a lower interest rate.. Compare total interest outgo (not just EMI) across tenures using a loan calculator — a ₹75L loan at 13% over 108 months costs roughly ₹60L+ in interest alone.. Explore secured alternatives first — a top-up home loan or loan against property typically offers lower rates than any unsecured personal loan, even from Bajaj Finance..

Pro tip: Bajaj Finance's digital application triggers a hard inquiry on your CIBIL report. Apply only when you're serious — multiple hard pulls in a short window can drop your score by 10-20 points.