Bajaj Overdraft Loan

Following is the table of complete details of Bajaj Finserv Overdraft loan:

Following is the detailed eligibility criteria for Bajaj OD loan:

• Nationality: The applicant should be an Indian citizen.
• Work status: The applicant should be a salaried individual working with a multinational company (MNC), public or private limited company.
• Age: The minimumage should be at least 21 years at the time of loan application and the maximum age should not be above 67 years at the time of loan maturity.
• CIBIL score: The applicant must have a Credit Score of 750 or above to be eligible for Bajaj Finance OD loan. 

You require the following documents to apply for Bajaj Finserv OD loan: 

• KYC documents like Aadhaar Card, PAN Card, Driving License, Voter ID, or Passport.
• Bank account statement for the last 6 months.
• Form 16 or latest salary slips 
• Employee ID card is required for overdraft Bajaj Finance. 

Additional Info: Apply for Bajaj RBL Credit Card & enjoy the benefits.

The difference between Bajaj term loan and Flexi personal loan is the amount sanctioned. Under  term loan, the entire sanctioned loan amount is disbursed in one go and the borrower has to pay interest on the same. The EMI on term loan includes the principal and interest amount. However, in case of a Bajaj Finance overdraft facility, the sanctioned amount is assigned to the borrower’s account and they can borrow the same as per their requirements. Borrowers can choose to pay only the amount of interest as their Bajaj Finance OD limit EMI. The borrower can repay the principal amount at the end of the tenure of the loan.

You can also Apply for Bajaj Finance Home Loan and check EMI, Interest rate and Eligibility Online to avail offer.

Following are the steps to apply for Bajaj OD loan online:

• Fill in your personal, financial, and employment details.
• Then select the loan amount you require and the tenure of the loan.
• Submit the required documents for verification and wait for approval of Bajaj Finance OD facility.
• Once the application is approved, the loan amount will directly be credited to your bank account within 30 minutes.