Bajaj Finserv Business Loan - Fees and Charges
In order to check your Business Loan interest rate with Bajaj Finserv, we have a Business Loan calculator for you. Other charges applicable are:
|
Charges applicable |
Processing fees |
2% of the loan amount will be deducted at the time of disbursal of approved loan amount |
EMI bounce charges |
Rs.1000 will be charged in the subsequent month for every bounce |
Penal interest |
2.00% p.m. overdue charges will be levied basis 360 days per year |
Foreclosure Charges
Borrower Type: Interest Type |
Time Period (Months) |
Foreclosure charges |
NA |
>1 |
4% plus applicable taxes on principal outstanding * |
*Foreclosure: charges will be applicable on the current principal outstanding.
*Foreclosure charges for line of credit and Flexi loans will be calculated on the Current principal outstanding
Part prepayment charges
Borrower Type: Interest Type |
Time Period (Months) |
Part payment charges |
NA |
>1 |
2% plus applicable taxes on part payment amount paid |
*Nil part payment charges for flexi
