Bajaj Finserv Personal Loan
Apply for Bajaj Finserv Personal Loan if you need quick cash for family, health, education, travel, business or more. Bajaj Finserv Personal Loan comes at interest rate starting from 13% p.a. You can get up to Rs. 25 lakhs as loan amount for tenure up to 7 years and processing fee of up to 4.13% of the loan amount.
Bajaj Finserv Personal Loan Details
| Interest Rates | 13% |
| Loan Amount | Up to Rs. 25 Lakhs |
| Tenure | 1 Year to 7 Years |
| Loan Processing Fee | Up to 4.13%% of the Loan amount |
| EMI Bounce Charges | 600+ GST |
| Prepayment Charges | 2% on principal outstanding + GST |
| EMI | Rs. 1104 Per Lakh* |
Features and Benefits of Bajaj Finserv Personal Loan
- Flexi Interest Only Loan: Bajaj Finserv Limited (BFL) Personal Loan can be borrowed as Flexi Interest Only Loan. Herein, your EMIs can be 45% lower every month as compared to Term Loan.
- Instant loans up to Rs. 25 - Rs. 30 lakhs: People with stable income source can apply online and avail approval for instant loan up to Rs. 25 - Rs. 30 lakhs.
- Disbursal within 24 hours: BFL offers India's fastest Personal Loan with fastest disbursal in just 24 hours of loan approval.
- Minimal documentation: Bajaj Finserv offers pre-approved loans with minimal documents to borrowers with a good credit score of 750 points or above. You can check cibil score by pan card.
- Flexible tenure: BFL personal loans are available for flexible tenure ranging from 12 months to 60 months.
- No collateral required: This loan is unsecured and does not need any guarantor or collateral.
- Free part prepayment: There is no part prepayment charge on your Bajaj Flexi Personal Loan.
Bajaj Finserv Personal Loan Processing Fees and Other Charges
| Types of Fees | Charges Applicable |
| Penal interest | 2% - 4% per month on EMI outstanding |
| Charges for physical documents retrieval | Rs. 250 + + applicable taxes |
| Charges for physical statement retrieval | Rs. 50 per statement/letter/certificate |
| Foreclosure charges | 4% on principal outstanding + applicable taxes |
| Part prepayment charges for non flexi loan | 2% on amount to be part prepaid + applicable taxes |
| Annual maintenance charges | 0.25% + applicable taxes |