Why is Bajaj Finserv one of the best NBFCs for a personal loan in Delhi?

For residents of Delhi-NCR, Bajaj Finserv can be a good choice as it offers the following: A complete online application process Collateral-free personal loans 100% transparent terms and conditions Repayment over tenors ranging from 84 months to 96 months High loan value of up to Rs. 55 lakh Minimal documentation Instant approval and quick credit to account Online account management facility Flexi loans, reducing EMIs by up to 45%*

What is the online application process in Delhi-NCR?

Irrespective of your location in Delhi-NCR, you can easily apply for a Bajaj Finserv Personal Loan online by following these steps: Fill up the application form accurately Submit essential documents Get approval and money in your account within hours

Personal Loan in Delhi NCR: Pay upto 45%* Lesser EMI, Apply Now

Bajaj Finserv in your city

Delhi is officially known as the national capital territory and a union territory of India. And is home to the capital of India, New Delhi.

If you are a resident of Delhi, you can approach Bajaj Finserv for a high-value personal loan. Meet the eligibility criteria to enjoy multiple benefits.

Minimum documents

Enjoy a hassle-free documentation process with minimum paperwork.
Flexi loans

Withdraw from pre-sanctioned funds and repay conveniently with the Flexi loan facility.
Get up to Rs. 55 lakh

You can get a loan of up to Rs. 55 lakh and enjoy unrestricted use.
Online account management

Stay updated with repayment schedules, EMIs, outstanding balance, etc., via our customer portal - My Account. It’s accessible 24x7.
Tenor options

Tenors of up to 96 months months ease your repayment hassle. Calculate monthly outflows with Bajaj Finserv’s online EMI Calculator.
No hidden rates

There are zero hidden rates imposed on a Bajaj Finserv Personal Loan, ensuring affordability. To know more, read our terms and conditions.
Fund within 24 hours*

Address your financing needs quickly and easily. The loan amount is credited to your account within 24 hours*.
Instant approval

No more waiting for hours or days. Cater to your emergencies with instant loan approvals.

The centre of the National Capital Region or NCR, Delhi is the 2nd wealthiest Indian city, with 23,000 millionaires and 18 billionaires. It is the largest commercial hub of North India, home to several service industries like telecommunications, tourism, technology, media, banking and hospitality. The other revenue generators of the economy include real estate, health and community services, construction and power sectors. Besides manufacturing, the capital city has one of the fastest-growing and largest retail industries.

Bajaj Finserv provides personal loans in Delhi against no guarantor or collateral. Once eligible, borrowers can seek funds of up to Rs. 55 lakh at competitive rates and charges. Features like Flexi loans allow multiple withdrawals from a pre-sanctioned amount and impose interest rates only on the utilised funds. This lowers EMIs by up to 45%*. To know more, read our terms and conditions.

*Conditions apply

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Type of fee	Applicable charges
Rate of interest	10% to 32% p.a.
Processing fees	Up to 3.93% of the loan amount (inclusive of applicable taxes).
Flexi Fee	Term Loan – Not applicable Flexi variant - A fee will be deducted upfront from the loan amount (as applicable below) Up to Rs. 1,999/- for loan amount less than Rs. 2,00,000 Up to Rs. 3,999/- for loan amount from Rs. 2,00,000 to Rs. 3,99,999 Up to Rs. 5,999/- for loan amount from Rs. 4,00,000 to Rs. 5,99,999 Up to Rs. 7,999/- for loan amount from Rs. 6,00,000 to Rs. 9,99,999 Up to Rs. 8,999/- for loan amount from Rs. 10,00,000 to Rs. 14,99,999 Up to Rs. 9,999/- for loan amount from Rs. 15,00,000 to Rs. 19,99,999 Up to Rs. 10,999/- for loan amount from Rs. 20,00,000 to Rs. 24,99,999 Up to Rs. 11,999/- for loan amount from Rs. 25,00,000 to Rs. 29,99,999 Up to Rs. 12,999/- for loan amount of Rs. 30,00,000 and above All the Flexi charges above are inclusive of applicable taxes Loan amount includes approved loan amount, insurance premium, and VAS charges.
Bounce charges	Rs. 700 - Rs. 1,200 per bounce. “Bounce charges” shall mean charges for (i) dishonour of any payment instrument; or (ii) non-payment of instalment (s) on their respective due dates due to dishonour of payment mandate or non-registration of the payment mandate or any other reason
Pre-payment charges	Full Prepayment Term Loan: Up to 4.72% (inclusive of applicable taxes) on the outstanding loan amount as on the date of full prepayment. Flexi Term Loan (Flexi Dropline): Up to 4.72% (inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule as on the date of full prepayment. Flexi Hybrid Loan: Up to 4.72% (inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule as of the date of full prepayment. Part-prepayment Term Loan: Up to 4.72% (inclusive of applicable taxes) of the principal amount of the loan prepaid on the date of such part-prepayment. Not Applicable for Flexi Term Loan (Flexi Dropline) and Flexi Hybrid. *Foreclosure will be processed post clearance of first EMI
Penal charge	Delay in payment of instalment(s) shall attract Penal Charge of Rs. 8 - Rs. 12 per day per instalment from the respective due date until the date of receipt of the full instalment(s) amount.
Stamp duty (as per respective state)	Payable as per state laws and deducted upfront from loan amount.
Annual maintenance charges	Term Loan: Not applicable Flexi Term Loan (Flexi Dropline): Up to 0.295% (inclusive of applicable taxes) of the total withdrawable amount (as per the repayment schedule) on the date of levy of such charges. Flexi Hybrid Loan: Up to 0.295% (inclusive of applicable taxes) of the total withdrawable amount during the initial tenure. Up to 0.295% (inclusive of applicable taxes) of total withdrawable amount during subsequent tenure.
Broken period interest / Pre-monthly Instalment interest	Broken Period Interest/Pre-monthly instalment Interest" shall mean the amount of interest on loan for the number of day(s) which is (are): Scenario 1: Over and above the period of 30 (thirty) days from the date of disbursement of the loan. Method of recovery of Broken Period Interest/pre-monthly instalment interest: For Term Loan: Deduct from disbursement or added in first EMI, as applicable. For Flexi Term Loan: Added to first instalment amount. For Hybrid Flexi Loan: Added to first instalment amount. Scenario 2: Less than period of 30 (thirty) days from the date of disbursement of the loan, interest on first instalment will be charged for actual number of days.
Switch fee	Up to 0.0118 of the loan amount (inclusive of applicable taxes). Switch fee is applicable only in case of switch of loan. In switch cases, processing fees will not be applicable.
Cash collection handling charges	Rs. 177 (inclusive of applicable taxes) will be charged if customer opts to make payment in cash when the collection is done by the collection agents. This fee is charged only once per month, regardless of the number of payments made against multiple LANs.
Cash deposit charges	Customers will incur a cash deposition charge of Rs. 50 (inclusive of applicable taxes) when making cash payments at our branch offices.
Platform Fees	Rs. 11 (inclusive of applicable taxes) will be charged for utilizing the payment gateway to make part or full payments towards the loan through digital properties.

Note: Additional cess if any, will be applicable to all charges according to state law.

*Terms and conditions apply.

For Micro Finance Loans, please note below:
Purchase of any non-credit product by the microfinance borrowers is purely on a voluntary basis. Minimum interest, maximum interest, and average interest are 0.13, 0.38, and 40.00% per annum respectively. Part-prepayment and foreclosure charges are NIL. {Average interest rate is higher than max interest rate, because maximum interest rates was reduced effective 02 May 2024 however average interest rate is computed on a volume weighted basis for last quarter (Apr'24 - Jun'24)}

Frequently asked questions

For residents of Delhi-NCR, Bajaj Finserv can be a good choice as it offers the following:

A complete online application process
Collateral-free personal loans
100% transparent terms and conditions
Repayment over tenors ranging from 84 months to 96 months
High loan value of up to Rs. 55 lakh
Minimal documentation
Instant approval and quick credit to account
Online account management facility
Flexi loans, reducing EMIs by up to 45%*

The essential documents are your employee ID card, salary slips, account statements, KYC documents, and a photograph. However, you may have to submit additional papers during the process, if required.

Irrespective of your location in Delhi-NCR, you can easily apply for a Bajaj Finserv Personal Loan online by following these steps:

Fill up the application form accurately
Submit essential documents
Get approval and money in your account within hours

To know the highest loan amount you are qualified to avail of, use the online Bajaj Finserv Eligibility Calculator.

EMIs or Equated Monthly Instalments comprise the outstanding principal amount and the payable interest. Borrowers must pay these EMIs on fixed due dates every month until the tenor ends.