Government employees can take a personal loan from Bajaj Finserv Limited at an attractive rate of interest. The loan is disbursed to the customer account within 24 hours of loan sanction. And, the Bajaj Finserv Flexi personal loan gives you a 45% lower installments for the borrowed amount. Your loan payment tenure is maximum up to 5 years and you can pay it in equated monthly loan installments. Read the given article to know the details of Bajaj finserv personal loan for government employees.

What is the charged interest rate on Bajaj Finserv personal loan for government employees?

Bajaj Finserv personal loan interest rate is starting from 12.99% per annum and it can be higher or lower depending on the individual’s net income. The eligibility criteria for personal loan for the applicants is that their age should be 21 years and they must have a regular flow of income. And any PSU employee and government employee can apply for the loan by providing the required documents. The interest rate is higher if the individual has a low CIBIL score so if your score doesn’t meet the personal loan minimum CIBIL score criteria then don’t apply for the loan. So, if you have a decent flow of income with fewer liabilities then you are eligible for the bajaj finserv personal loan for government employees scheme.


Make the loan process easier with Bajaj Finserv EMI calculator

The financial company Bajaj Finserv makes the loan process easier for customers by providing an online EMI calculator tool. Using the EMI calculator you can instantly compute the loan installments by giving your loan details like loan amount, interest rate and loan tenure. The EMI calculator generates an accurate EMI amount for your personal loan so that it becomes easier for you to choose a suitable tenure. Bajaj finserv personal loan for government employees scheme also provides the benefit of auto-debit facility to the customer for easy EMI payments. For any due payment of the EMI, you have to pay a 2% of the EMI amount penalty charge or INR 200.

Apply for a personal loan for government employees scheme from Bajaj Finserv online method

You can apply for a loan from Bajaj finserv without going through a long application procedure. As you just have to visit the Bajaj Finserv official website and have to choose “personal loan” from the product category. And, you can apply for the loan by providing your PAN details, mobile number and residing state name. When you have entered the details on the form click on the “Get OTP” button then you will receive an OTP on your registered mobile number enter that OTP and complete the application process. You are required to submit a few documents for the personal loan for government employees scheme such as salary slip, bank statement, ITR report and address proof. Also, to get the loan you need to submit a processing fee that is 4.13% of the borrowed amount. Now, plan your fundings and make them handy with Bajaj Finserv personal loans and pay the amount in easy installments. 

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