Overview

Bajaj Finance Ltd, a subsidiary of Bajaj Finserv Ltd and a deposit‑taking NBFC registered with the RBI, has launched Loan Utsav 2026, a limited‑period reward bundle aimed at customers whose Bajaj Finance Personal Loan is successfully disbursed during the campaign. The campaign is open until 10 September 2026 and is subject to applicable terms and conditions.

Reward Bundle Details

Eligible borrowers will receive a suite of entertainment, music, dining and shopping benefits, namely:

  • Free six‑month memberships to Zee 5, Sony Liv and 14 other OTT platforms;
  • Three‑month JioHotstar membership;
  • Three‑month free Zomato Gold membership;
  • Three‑month free JioSaavn Pro membership;
  • Forty‑five‑day free Gaana membership;
  • Over 40 vouchers across partner brands.

The rewards are credited only after the personal loan is disbursed within the campaign window and are governed by the campaign’s specific terms.

Personal Loan Features

The Bajaj Finance Personal Loan offers:

  • Loan amount: Rs 40,000 to Rs 55 lakh, subject to eligibility;
  • Repayment tenure: 12 to 108 months, providing flexibility to lower monthly EMIs;
  • Interest rate: 10% to 30.5% per annum, varying with the borrower’s profile and applicable terms;
  • Collateral: None required, making it a collateral‑free product;
  • Disbursal timeline: Funds can be transferred within 24 hours* after completion of documentation and verification.

While a longer tenure reduces the monthly EMI, it increases the total interest payable over the loan life, and borrowers are advised to assess their cash‑flow capacity before selecting a tenure.

Application Process

Customers can initiate the loan application online by checking eligibility, submitting required personal and financial details, and uploading supporting documents. Upon successful verification, the loan amount is disbursed, typically within the stipulated 24‑hour window, provided all conditions are met. To qualify for the reward bundle, the loan must be disbursed before the 10 September 2026 cut‑off.

Company Background

Bajaj Finance Ltd (BFL) serves 124.43 million customers through a diversified portfolio that includes consumer loans, SME finance, commercial lending, rural lending, fixed deposits and payments. The company operates via its website, mobile app and 4,000+ physical locations across India. BFL holds the highest domestic credit ratings of AAA/Stable for long‑term borrowing and A1+ for short‑term borrowing, along with CRISIL AAA/Stable, ICRA AAA/Stable for its FD programme, a long‑term issuer rating of BBB/Stable, a short‑term rating of A‑2 from S&P Global, and a Moody’s Baa3 Corporate Family Rating with a stable outlook.

*Terms and conditions apply.

Disclaimer

The press release is provided under an arrangement with Newsvoir; PTI assumes no editorial responsibility for its content.