What Bajaj Finserv charges for a personal loan, what it costs in rupees, and how it compares with every other provider we track.
Rate, maximum and fees
| Advertised rate | Maximum rate | Terms | Fee |
|---|---|---|---|
| 10.00% | 30.50% | Up to 9 years | Up to 4.13% (incl. taxes) |
as of 2026-09-17 · Lender rate pages, checked individually
The advertised figure is a starting rate, not an offer. Bajaj Finserv can charge up to 30.50% for this product.
What that costs in rupees
On ₹5,00,000 over 5 years.
| EMI at 10.00% | ₹10,624/month |
|---|---|
| Total interest | ₹1,37,411 |
| EMI at the 30.50% maximum | ₹16,331/month |
| Extra interest at the maximum rate | ₹3,42,424 |
Principal and interest only. Processing fee, GST, documentation and any insurance sold alongside the loan are additional.
Run your own numbers on the EMI calculator.
How it compares
Bajaj Finserv is the joint 5th cheapest of the 8 providers we track — 0.01% above HDFC Bank at 9.99%.
See the full table: all personal loan rates.
What moves this rate
Non-banking financial company. Prices off an internal reference rate rather than an external benchmark, and is not a bank — deposits with it are not DICGC-insured.
Personal loan rate ranges are much wider than home loan ranges. The reason is simple: nothing backs the loan. There is no property to recover, so the rate has to cover the whole risk. A bank advertising from around 10% can quote more than double that to someone with a thin credit history.
The tenure is much shorter than a home loan, usually five or six years. That keeps your total interest down but pushes the EMI up. Check the early-closure terms before you sign. Being able to prepay without a charge is worth more than a small difference in the rate.
Where to go next
An unsecured rate is set almost entirely by your credit file, so it is worth reading the factors affecting your credit score before you apply, and the usual personal loan rejection reasons if you have already been declined once. To see how this lender sits against the rest of the field, compare it with the best personal loans we track. Where the borrowing is for a property purchase rather than a shortfall, a home loan will always be the cheaper instrument.
Bajaj Finserv personal loan in detail
- Bajaj Finserv personal loan interest rate — What the bank advertises against the most it can charge. The gap is much wider than on a home loan.
- Bajaj Finserv personal loan EMI — What it costs a month at both ends of the published range.
- Bajaj Finserv personal loan fees and charges — The processing fee as published, plus the 18% GST charged on top of it.