Archive · 28 Sep 2026
Bajaj Finance Loan Tenure Choices Affect EMI and Interest Costs
Bajaj Finance offers personal loans that can be repaid over 12 to 108 months.
A longer repayment period usually makes each monthly payment smaller.
However, paying for more months can mean paying more interest overall.
A shorter period may cost more each month but could reduce total interest.
The loan amount and interest rate also affect the monthly payment.
Borrowers can use an EMI calculator to compare different choices.
The calculator gives an estimate, not a guaranteed final payment.
Applicants must meet the lender’s requirements and complete document verification.
The lender says disbursal can happen within 24 hours when verification is successful and the applicable terms are met.
Bajaj Finance personal loans offer repayment tenures from 12 to 108 months.
Loan amounts range from Rs. 40,000 to Rs. 55 lakh, with interest rates of 10% to 30.5% annually.
Longer tenures may reduce monthly EMIs but can increase total interest payable.
Borrowers are advised to compare loan amount, rate, EMI, total repayment, charges and prepayment terms.
Online applications require personal, financial and employment details, KYC verification and lender approval.
- Who
- Bajaj Finance Ltd. and people considering its personal loans.
- What
- Bajaj Finance has outlined personal-loan tenure, pricing, eligibility, application and repayment considerations.
- When
- The information was issued on September 28.
- Where
- Pune, Maharashtra, India.
- Why
- The selected tenure affects the monthly EMI and the total interest payable.
- Repayment tenure
- 12 to 108 months
- Loan amount
- Rs. 40,000 to Rs. 55 lakh
- Interest rate
- 10% to 30.5% per annum
- Age criterion stated
- The customer should be 80 years old or younger at the end of the loan tenure.
- Application channel
- Customers can begin applying online through the Bajaj Finance website.
- Stated disbursal timeline
- Within 24 hours, subject to successful document verification and applicable terms.
- Calculator use
- An EMI calculator estimates monthly instalments and total repayment using the loan amount, interest rate and tenure.