Bajaj Finserv personal loan interest rate
11.00%p.a. onwards
Bajaj Finserv can charge up to 31.00% for this product. The advertised figure is a starting rate, not an offer.
Data as of 15 Aug 2026Source: Lender rate cards and published comparisons, August 2026Pending issuer verification
Rate, maximum and fees
Data as of 15 Aug 2026Source: Lender rate cards and published comparisons, August 2026Pending issuer verification
What that costs in rupees
On ₹5,00,000 over 5 years.
- EMI at 11.00%
- ₹10,871/month
- Total interest
- ₹1,52,273
- EMI at the 31.00% maximum
- ₹16,485/month
- Extra interest at the maximum rate
- ₹3,36,837
Principal and interest only. Processing fee, GST, documentation and any insurance sold alongside the loan are additional.
Run your own numbersHow it compares
Bajaj Finserv is the 7th cheapest of the 8 providers we track — 1.01% above HDFC Bank at 9.99%.
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.
Bajaj Finserv personal loan in detail
- Bajaj Finserv personal loan interest rateWhat the bank advertises against the most it can charge. The gap is much wider than on a home loan.
- Bajaj Finserv personal loan EMIWhat it costs a month at both ends of the published range.
- Bajaj Finserv personal loan fees and chargesThe processing fee as published, plus the 18% GST charged on top of it.