Bajaj Finance increased maximum personal loan repayment period from 96 to 108 months, giving borrowers longer EMI stretch.
Loan amounts now range between Rs 40,000 and Rs 55 lakh, with interest rates between 10% and 30% per annum based on credit profile.
Applications are processed digitally with minimal documentation, and eligible borrowers receive disbursal within 24 hours after verification.
The personal loan is unsecured, requiring no collateral, enhancing credit accessibility for customers.