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Bajaj Finserv Business Loan Interest & Charges

Bajaj Finserv Business Loan will help you meet all your business requirements, be it expanding your operations, purchasing new machinery or clearing all your debts. These loans come at attractive interest rates making your process of availing the loan hassle-free. There are certain processing charges that you need to pay when availing of the loan. But be rest assured that there is complete transparency ensured and there are no hidden charges.

At Finserv MARKETS, you can get Bajaj Finserv Business Loans at affordable interest rates & processing charges. Take a look at the business loan interest rates & charges with the help of the table given below.

  • Hybrid Flexi
  • Term

Hybrid Flexi

  • Interest Rate

    18% p.a
    onwards
  • Processing Fees Upto

    3%
    of the Loan Amount
  • Foreclosure Charges

    4%
    of the Outstanding Loan Amount + Applicable taxes outstanding as on the date of such full pre-payment
  • Annual Maintenance Charges

    0.5%
  • Convenience Fees

    Rs. 4,499
  • Bounce Charges

    Rs. 3,000
    Inclusive of applicable taxes
  • Penal Interest

    2%
    Per month on Overdue EMI + Applicable taxes
  • Outstation Collection Charges

    Rs. 65
    + Applicable taxes
  • ECS Return Fees

    Rs. 450
    Inclusive of taxes

*The above charges are excluding taxes 
These are indicative and subject to change at the discretion of lender/ without prior notice.

Term Loan

  • Interest Rate

    12.99% p.a
    onwards
  • Processing Fees Upto

    3.99%
    of the Loan Amount
  • Foreclosure Charges

    4%
    Of Outstanding Loan Amount + Applicable taxes
  • Convenience Fees

    Rs. 4,499
  • Bounce Charges

    Rs. 3,000
    Inclusive of applicable taxes
  • Penal Interest

    2%
    Per month on Overdue EMI + Applicable taxes
  • Outstation Collection Charges

    Rs. 65
    + Applicable taxes
  • Part-Prepayment Charges

    2%
    On Part Payment amount + Applicable taxes
  • ECS Return Fees

    Rs. 450
    Inclusive of taxes
  • Secure Fee

    NIL
  • Upfront Interest

    NIL
  • Stamp Duty Charges

    Percentage/Amount mentioned state-wise

*The above charges are excluding taxes 
These are indicative and subject to change at the discretion of lender/ without prior notice.

Factors That Determine Your Business Loan Interest Rate

  • Credit Score

A great score will always give you a competitive interest rate. High credit score will always be appreciated and will make your loan process smoother.

  • Business Experience

It basically means how much experience do you have in your business. The higher the experience, the easier it will be to avail a business loan with an affordable interest rate.

  • Monthly Revenue of your Business

Regular & stable income has a strong bearing on the repayment capability of your business. We make it a point to analyse the daily average balance before deciding your business loan interest rate.

  • Collateral

This means the security that you are willing to pledge for availing the business loan. The higher the value of the secured asset, the higher the chances of you getting the business loan at an affordable interest rate. Collateral such as home equity, deposits, equipment and investment real estate can be pledged as a security.

Why Choose Finserv MARKETS?

A Loan from us will always give you benefits such as

  • End To End Online Process

  • Minimal Documentation

  • No Hidden Charges

To know more benefits on availing a business loan from Finserv MARKETS, please visit our Business Loan Features & Benefits section.   

Frequently Asked Questions on Bajaj Finserv Business Loan Interest Rates and Charges

✔️ How is EMI calculated on a Bajaj Finserv business loan?

EMI can be calculated as E = P * r * (1+r)^n / ((1+r)^n-1).

Where, P is principal loan amount, r is the interest rate, n is repayment tenure in months 

✔️What is the minimum and maximum business loan repayment tenure at Bajaj Finserv?

The minimum and maximum business loan repayment tenure at Bajaj Finserv is 1 year and 5 years respectively.

✔️How to choose the ideal repayment tenor for business loans?

Basis the loan amount you wish to avail, interest rate charged, and your monthly budgeting, you can choose the ideal repayment tenor for business loans.

✔️What is the processing fee charged by Bajaj Finserv on business loan?

The processing fee charged by Bajaj Finserv on business loan is up to 3% of the principal amount.

✔️Is age an eligibility factor to get loan for business from Bajaj Finserv?

Yes, you must be between 25-65 years of age to apply for Business Finserv Business Loan.