About Bajaj Finserv
The Bajaj group of Industries today is one of the leading business houses with an unparallel growth history. It was founded in the year 1926 by Shri Jamnalal Bajaj; who was a visionary tradesman – best known as an industrialist, a philanthropist, and a freedom fighter. In the year of 1926 he created history & founded what would become the Bajaj group of Industries.
Shri Kamalnayan Bajaj, eldest son of Shri. Jamnalal Bajaj took over the mantle from his father. Alumni of University of Cambridge he further laid the strong foundations for the growth of the company, he is revered as the Architect of the Bajaj Group.
The name of Bajaj inspires a tradition of trust as its growth story symbolises the economic growth & history of our nation It is recognised as one of the oldest and largest conglomerates: Based in Mumbai, the group comprises 37 companies and has involvement in various industries that include automobiles (2- and 3-wheelers), home appliances, lighting, iron and steel, insurance, travel and finance.
Baja Auto is the flagship company of the Bajaj Group & ranks as the world’s fourth largest two- and three-wheeler manufacturer. Other distinguished companies are Bajaj Finserv Ltd, Hercules Hoists Ltd, Bajaj Electrical, Mukand Ltd, Bajaj Hindustan Ltd and Bajaj Holding & Investment Ltd.
Bajaj Finserv is a part of Bajaj Holdings & Investments Limited: focused on lending, asset management, wealth management and Insurance.
Bajaj Finserv was formed in the year 2007, to expand & concentrate on the Groups interests in the field of financial services: Apart from financial services, Bajaj Finserv is also active in wind–energy generation
Recognised as the most popular NBFC (non financial banking company) it serves its customers for lending and wealth advisory services through Bajaj Finance Limited, for protection through Bajaj Allianz Life Insurance and Bajaj Allianz General Insurance. The Company employs over 20,000 employees at 1400 locations, and is engaged in consumer finance businesses, life insurance, and general insurance
Bajaj Finserv was ranked among The Economic Times 500 as #119 in 2014
Features of Personal loan from Bajaj Finserv
A personal loan from Bajaj Finserv is an unsecure loan. A customer is not asked for any collateral or guarantees to be provided for the Loan issued .The Loan amount is given purely on the basis of the customer profile making it convenient & hassle free.
The Loan amount that can be sanctioned to a salaried applicant is per the income of the applicant & the current obligations which include the EMI being paid & Credit Card dues. A maximum of ₹ 25 lakhs can be forwarded as a Personal Loan while the minimum amount is ₹ 1 lakhs.
If the Loan amount required is more than the eligibility permits the following additional criteria can be considered;
- Rental Income
Rent being deposited regularly in the Bank account of the applicant can be considered as part of the monthly income: 80% of the rent is added to the salary. Conditions to be met are; the banks statement showing rental income with the Rental agreement is to be submitted.
- Co Applicant
A financial Co applicant can be taken to increase eligibility: conditions that need to be met are the Proof of employment is to be submitted & co applicant has to be a blood relative/spouse of the primary applicant.
Complete online process with of Personal loan applications, instant processing & quick Disbursal.
Charges for a personal loan from Bajaj Finserv
Salary Slip for the Last 3 months.
Bank Statement from Salary account for the last 3 months showing 3 salary credits
Form 16 for the last financial year.
Pan card copy / Age Proof /Signature Proof
- Photo Identification proof: Passport/Driving Licence/Voter I.D./Aadhaar Card/Ration Card
- Current Address Proof – Bank Statement, Utility Bill, Rent Agreement