Fees and Charges of Bajaj Finance Loans

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On Bajaj Markets, you can apply for various loans offered by Bajaj Finance Limited like personal loans, business loans, and professional loans. While you apply for the loan, it is also essential to check the interest rates and other fees charged on the loan. Here are the interest rates and fees charged on Bajaj Finance Loans:

1. Salaried Personal Loan

Particulars	Details
Pre-payment Charges	Full Pre-payment: Foreclosure can be processed post clearance of first EMIs. Term Loan : Up to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount as on the date of full pre-payment. Flexi Term Loan (Flexi Dropline): Up 4.72% (Inclusive of applicable taxes) of the Dropline limit as per the repayment schedule as on the date of full prepayment. Flexi Hybrid Term Loan : Up to 4.72% (Inclusive of applicable taxes) of the Dropline limit as per the repayment schedule as on the date of full prepayment. Part Pre-payment : Up to 4.72% (Inclusive of applicable taxes) of the principal amount of Loan prepaid on the date of such part Pre-Payment. Not Applicable for Flexi Term Loan (Flexi Dropline) and Flexi Hybrid Term Loan.
Principal Holiday Facility Fees	Up to ₹1999/- for loan amount less than ₹2,00,000 Up to ₹3999/- for loan amount from ₹200000 to ₹399999 Up to ₹5999/- for loan amount from ₹400000 to ₹599999 Up to ₹7,999/- for loan amount from ₹600000 to ₹999999 Up to ₹8,999/- for loan amount from ₹10,00,000 to ₹1499999 Up to ₹9999/- for loan amount from ₹15,00,000 to ₹19,99999 Up to ₹10,999/- for loan amount from ₹20,00,000 to ₹2499999 Up to ₹11,999/- for loan amount from ₹25,00,000 to ₹29,99999 Up to ₹12,999/- for loan amount of ₹30,00,000 and above Above charges are inclusive of applicable taxes & will be deducted upfront from loan amount *(Loan amount includes approved loan amount, Insurance Premium & VAS Charges)
Annual Maintenance Charges (AMC)	Term Loan : Not Applicable Flexi Term Loan (Flexi Dropline): Up to 0.295% (Inclusive of applicable taxes) of the Dropline limit (as per the repayment schedule) on the date of levy of such charges Flexi Hybrid Term Loan: Up to 0.295% (Inclusive of applicable taxes) of the Dropline limit during Initial Tenure. Up to 0.295% (Inclusive of applicable taxes) of Dropline limit during Subsequent Tenure
Penal Charges	Delay in payment of instalment(s) shall attract Penal Charge at the rate of up to 36% per annum per instalment from the respective due date until the date of receipt of the full instalment(s) amount.
Bounce Charges	Up to ₹1,200/- per bounce “Bounce charges” shall mean charges for (i) Dishonor of any payment instrument; or (ii) Non-payment of instalment (s) on their respective due dates due to dishonor of payment mandate or non-registration of the payment mandate or any other reason.
Stamp Duty	Payable as per state laws and deducted upfront from loan amount.
Flexi Facility Charge	Term Loan: NA Flexi Hybrid Loan: Up to ₹1,999 for loan amounts up to ₹1,99,999 Up to ₹3,999 for loan amounts ranging from ₹2,00,000 to ₹3,99,999 Up to ₹5,999 for loan amounts ranging from ₹4,00,000 to ₹5,99,999 Up to ₹7,999 for loan amounts ranging from ₹6,00,000 to ₹9,99,999 Up to ₹8,999 for loan amounts ranging from ₹10,00,000 to ₹14,99,999 Up to ₹9,999 for loan amounts ranging from ₹15,00,000 to ₹19,99,999 Up to ₹10,999 for loan amounts ranging from ₹20,00,000 to ₹24,99,999 Up to ₹11,999 for loan amounts ranging from ₹25,00,000 to ₹29,99,999 Up to ₹12,999 for loan amounts equal to and above ₹30,00,000 All the Flexi facility charges above are inclusive of applicable taxes Loan amount includes approved loan amount, insurance premium, and VAS charges.

Disclaimer: The mentioned values are subject to change at the lender’s discretion.

2. Business Loan

Particulars	Details
Processing Charges	Up to 3.54% (Inclusive of applicable taxes) of the loan amount
Document Processing Charges	₹2360 (Inclusive of applicable taxes)
Part-prepayment Charges	Up to 4.72% of the prepaid principal amount Not applicable for Flexi Term Loans (Flexi Dropline) and Hybrid Flexi Loans
Loan Foreclosure Charges	Term Loan: A charge of up to 4.72% on the remaining loan balance (inclusive of applicable taxes) Flexi Term Loan (Flexi Dropline): Up to 4.72% of the total withdrawable amount as per the repayment schedule Flexi Hybrid Loan: Up to 4.72% of the total withdrawable amount as per the repayment schedule
Annual Maintenance Charges	Term Loan: Not applicable Flexi Term Loan (Flexi Dropline): Up to 0.41% of the total withdrawable amount (inclusive of taxes) Flexi Hybrid Loan: Up to 1.18% of the total withdrawable amount during both initial and subsequent tenures
Penal Charges	Delay in payment of instalment(s) shall attract Penal Charges of ₹40 per day per instalment from the respective due date until the date of receipt of the full instalment(s) amount.
Bounce Charges	Up to ₹1,500 per bounce Bounce charges apply for dishonoured instruments or non-payment due to mandate rejection or any other reason
Broken Period Interest	Broken period interest/ pre-EMI interest shall mean the amount of interest on Loan for the number of day(s) which is(are) charged in two scenarios: Scenario 1 – More than 30 days from the date of loan disbursal till the first EMI is charged: In this scenario, broken period interest is recovered by the following methods: For Term Loan: Deducted from the loan disbursement For Flexi Term (Dropline) Loan: Added to the first instalment For Flexi Hybrid Loan: Added to the first instalment Scenario 2 – Less than 30 days from the date of loan disbursal till the first EMI is charged: In this scenario, interest is charged only for the actual number of days since the loan was disbursed.
Stamp Duty	As per the laws of the state
Legal & Incidental Charges	Recovery of charges
Flexi Facility Charges	Term Loan: Not applicable Flexi Term Loan (Flexi Dropline): Up to ₹999/- Flexi Hybrid Loan: Based on loan amount: For loan amount up to ₹10 Lakhs - up to ₹6,499 For loan amount >=₹10 Lakhs & <₹15 Lakhs - ₹8,999 For loan amount >=₹15 Lakhs & <₹25 Lakhs - ₹13,999 For loan amount >=₹25 Lakhs - ₹16,999 * The Flexi charges above will be deducted upfront from the loan amount * Loan amount includes approved loan amount, insurance premium, VAS charges, and documentation charges.

*Disclaimer: The mentioned charges are subject to change at the lender's discretion.

3. Chartered Accountant Loan

Fees & Charges	Particulars
Principal Holiday Facility Fees	Principal Holiday (as applicable below) - Up to ₹1,999 (Inclusive of applicable taxes) for loan amount less than ₹2,00,000. Up to ₹3,999 (Inclusive of applicable taxes) for loan amount between ₹2,00,000 and 3,99,999. Up to ₹5,999 (Inclusive of applicable taxes) for loan amount between ₹4,00,000 and ₹5,99,999. Up to ₹6,999 (Inclusive of applicable taxes) for loan amount between ₹6,00,000 and ₹9,99,999. Up to ₹7,999 (Inclusive of applicable taxes) for loan amount ₹10,00,000 and above. Note- The above mentioned Principal Holiday Facility Fees charges are inclusive of applicable taxes. The above principal holiday facility fees will be deducted upfront from loan amount. Loan amount includes approved loan amount, Insurance Premium and VAS Charges.
Interest Rate	11%  - 19%
Processing Fee	Up to 2.95% of the loan amount (inclusive of applicable taxes)
Pre-payment charges	Full prepayment • Term Loan: Up to 4.72% (inclusive of applicable taxes) of the outstanding loan amount as on the date of such full prepayment. • Flexi Term Loan (Flexi Dropline): Up to 4.72% (inclusive of applicable taxes) of the dropline limit as per the repayment schedule as on the date of full prepayment. • Flexi Hybrid Term Loan: Up to 4.72% (inclusive of applicable taxes) of the dropline limit as per the repayment schedule as on the date of full prepayment. Part prepayment • Term Loan: Up to 4.72% (inclusive of applicable taxes) of principal loan amount prepaid on the date of such part pre-payment. • Not applicable for Flexi Term Loan (Flexi Dropline) and Flexi Hybrid Term Loan
Penal Charge	Delay in payment of instalment(s) shall attract Penal Charge at the rate of 36% per annum per instalment from the respective due date until the date of receipt of the full instalment(s) amount.
Legal & Incidental Charges	Recovery of charges
Stamp Duty (as per respective state)	Payable as per state laws and deducted upfront from the loan amount
Bounce Charges	₹1500/- per bounce. “Bounce charges” shall mean charges for (i) dishonour of any payment instrument; or (ii) non-payment of instalment (s) on their respective due dates due to dishonour of payment mandate or non-registration of the payment mandate or any other reason
AMC (Annual Maintenance Charges)	Term Loan: Not Applicable
	Flexi Term Loan (Flexi Dropline): Up to 0.295% (Inclusive of applicable taxes) of the Dropline limit (as per the repayment schedule) on the date of levy of such charges.
	Flexi Hybrid Loan: Up to 0.59% (Inclusive of applicable taxes) of the Dropline limit during Initial tenure. Up to 0.295% (Inclusive of applicable taxes) of Dropline limit during Subsequent tenure
Flexi Facility Charge	Term Loan: Not applicable
	Flexi Term Loan (Flexi Dropline) - Up to ₹999/- (inclusive of applicable taxes)
	Flexi Hybrid Loan (as applicable below): Up to ₹1,999/- (inclusive of applicable taxes) for loan amount less than ₹2,00,000/- Up to ₹3,999/- (inclusive of applicable taxes) for loan amount from ₹2,00,000/- to ₹3,99,999/- Up to ₹5,999/- (inclusive of applicable taxes) for the loan amount from ₹4,00,000/- to ₹5,99,999/- Up to ₹6,999/- (inclusive of applicable taxes) for the loan amount from ₹6,00,000/- to ₹9,99,999/ - Up to ₹7,999/- (inclusive of applicable taxes) for the loan amount of ₹10,00,000/- and above The above flexi facility charges will be deducted upfront from the loan amount. Loan amount includes approved loan amount, insurance premium and VAS charges.

4. Doctor Loan

Fees & Charges	Particulars
Interest Rate	11%  - 19% per annum
Processing Fee	Up to 2.95% of the loan amount (inclusive of applicable taxes)
Pre-payment charges	Full prepayment Term Loan: Up to 4.72% (inclusive of applicable taxes) of the outstanding loan amount as on the date of full prepayment Flexi Term Loan (Flexi Dropline): Up to 4.72% (inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule as on the date of full prepayment Flexi Hybrid Loan: Up to 4.72% (inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule as on the date of full prepayment Part prepayment Up to 4.72% (inclusive of applicable taxes) of the principal amount of loan prepaid on the date of such part prepayment Not applicable for Flexi Term Loan (Flexi Dropline) and Flexi Hybrid Loan
Penal Interest	Delay in payment of monthly instalment shall attract penal interest at the rate of 36% per month on the monthly instalment outstanding, from the respective due date until the date of receipt of the monthly instalment.
Stamp Duty	Payable as per state laws and deducted upfront from the loan amount
Broken period interest/ pre-EMI interest	Broken period interest/ pre-EMI interest shall mean the amount of interest on loan for the number of day(s), which is(are) charged in two scenarios: Scenario 1 – More than 30 days from the date of loan disbursal till the first EMI is charged: In this scenario, broken period interest is recovered by the following methods: For Term Loan: Deducted from the loan disbursement For Flexi Term Loan: Added to the first instalment For Flexi Hybrid Loan: Added to the first instalment Scenario 2 – Less than 30 days from the date of loan disbursal till the first EMI is charged: In this scenario, interest is charged only for the actual number of days since the loan was disbursed.
Switch Fee	Up to 1.18% of the loan amount (inclusive of applicable taxes) (Switch fee is applicable only in case of switch of loan. In switch cases, processing fees and documentation charges will not be applicable.)
Mandate Rejection Charges	₹450 per month from the first month of due date for mandate rejected by customer’s bank until the new mandate is registered
Cheque Bounce Charges	In case of default of repayment instrument, ₹1,500 per bounce will be levied.
AMC (Annual Maintenance Charges)	Term Loan: Not Applicable
	Flexi Term Loan (Flexi Dropline): Up to 0.295% (inclusive of applicable taxes) of the total withdrawable amount (as per the repayment schedule) on the date of levy of such charges
	Flexi Hybrid Loan: Up to 0.590% (inclusive of applicable taxes) of the total withdrawable amount during initial tenure Up to 0.295% (inclusive of applicable taxes) of total withdrawable amount during subsequent tenure
Flexi Facility Charge	Term Loan: Not applicable
	Flexi Term Loan (Flexi Dropline)- Up to ₹999/-
	Term Loan: Not applicable Flexi Term Loan (Flexi Dropline): Up to ₹999/- (inclusive of applicable taxes) Flexi Hybrid Loan (as applicable below): Up to ₹1,999/- (inclusive of applicable taxes) for loan amount less than ₹2,00,000/- Up to ₹3,999/- (inclusive of applicable taxes) for loan amount from ₹2,00,000/- to ₹3,99,999/- Up to ₹5,999/- (inclusive of applicable taxes) for the loan amount from ₹4,00,000/- to ₹5,99,999/- Up to ₹6,999/- (inclusive of applicable taxes) for the loan amount from ₹6,00,000/- to ₹9,99,999/- Up to ₹7,999/- (inclusive of applicable taxes) for the loan amount of ₹10,00,000/- and above The Flexi Facility charges above will be deducted upfront from the loan amount Loan amount includes approved loan amount, insurance premium, VAS charges.