Check the Branch Personal Loan interest rate, processing fees, foreclosure charges, and other borrowing costs before applying. Compare the charges and understand how they may affect your overall repayment amount.
Last updated on: Jul 25, 2026
A Branch Personal Loan comes with interest charges and other fees that determine the total cost of borrowing. Reviewing these costs before applying for a personal loan can help you compare offers and choose a one that fits your budget.
The Branch Personal Loan interest rate is the percentage charged by the lender on the loan amount borrowed. This rate influences both your EMI and the total amount repaid over the loan tenure.
Branch currently offers personal loans at interest rates starting from 16% p.a. on Bajaj Markets. The exact rate offered may vary based on the lender's assessment of your profile and eligibility. The lender may also charge fees such as processing fees, late payment charges, and foreclosure charges, depending on the loan terms.
Loan interest rates are usually displayed on an annual basis (per annum or p.a.). However, some borrowers prefer to understand the equivalent monthly rate to estimate the cost of borrowing more easily:
| Interest Rate | Monthly Interest Rate | Annual Interest Rate |
|---|---|---|
Starting at |
about 1.33% per month |
16% p.a. |
Up to |
3.00% per month |
36% p.a. |
*Disclaimer: The above-mentioned details are subject to change at the lender's discretion.
While monthly rates may appear lower, it is advisable to compare loans using the annual interest rate and total repayment amount, as these provide a clearer picture of the overall borrowing cost.
A Branch Personal Loan comes with several features that can make borrowing convenient and accessible. Here are some key benefits:
You can complete the entire loan application process online without visiting a physical branch. This makes it easier to apply from anywhere and reduces the time spent on paperwork.
Once your application is approved, the loan amount is credited to your bank account within 2 hours. This can be useful when you need funds for urgent or planned expenses.
You can borrow up to ₹2 Lakhs, depending on your eligibility and financial profile. This allows you to choose a loan amount that matches your specific requirement.
With a Branch Personal Loan you can enjoy flexible repayment tenure up to 36 months. You can select a tenure that balances your EMI affordability and overall repayment cost.
The application process requires only a few basic documents and details, such as your Aadhaar, PAN, and a selfie for verification. Since details are fetched digitally, the process is quicker and more streamlined.
A Branch Personal Loan is an unsecured loan, which means you do not need to pledge assets such as gold, property, or investments as security to access funds.
The applicable interest rate, processing fee, and other charges are disclosed upfront. This helps you understand the total cost of borrowing before you proceed with the application.
Apart from the interest rate, a Branch Personal Loan may include additional fees and charges. Understanding these costs beforehand can help you estimate the total borrowing cost more accurately:
| Particulars | Details |
|---|---|
Processing Fee |
3.50% |
Prepayment / Foreclosure Charges |
Up to 6% of the outstanding principal + GST |
Late Payment Charges |
3% of the EMI on D+3, followed by 1% of the EMI per day until late fees reach 10% of the EMI or ₹500, whichever is lower |
Before applying, keep the following points in mind:
Processing fees are generally deducted or charged at the time of loan processing.
Foreclosure and prepayment charges may apply if you choose to close the loan before the scheduled tenure ends.
Delayed EMI payments can lead to additional charges and may affect your credit profile.
Charges and fee structures are subject to change at the lender's discretion.
Disclaimer: The fees and charges mentioned above are subject to revision by the lender.
The rate you receive depends on your individual profile. Here are the key factors lenders typically consider:
Before applying for a Branch Personal Loan, ensure that you meet the lender's eligibility requirements and have the necessary documents ready.
Note: You must have a bank account in your name for loan disbursement.
You can apply for a Branch Personal Loan on Bajaj Markets by following the steps given below:
Click here to start your application
Enter your basic personal and professional details
Select 'Branch' from the list of available lending partners
Download the Branch app and complete the required KYC process
Submit the loan application through the Branch app
Upon approval, the loan amount will be disbursed directly to your bank account
A Branch Personal Loan can be used for a variety of planned and unplanned expenses. Since it is an unsecured loan, you can use the funds based on your financial requirements.
Manage hospital bills, medical treatments, or other healthcare-related costs without dipping into your savings.
Cover expenses related to repairs, remodelling, or upgrading your home.
Meet education-related costs such as course fees, certification programmes, or skill development courses.
Fund domestic or international travel plans and repay the amount through manageable EMIs.
Combine multiple outstanding debts into a single loan for easier repayment management.
Access funds quickly to deal with unexpected financial situations or urgent requirements.
While the final loan terms depend on the lender's assessment, there are several steps you can take to improve your borrowing profile.
A healthy credit score can strengthen your loan application and improve your overall creditworthiness.
Borrow only the amount you need and can comfortably repay based on your income and financial obligations.
Selecting a tenure that balances EMI affordability and total interest cost can help manage your repayments better.
A consistent income and employment history can positively influence the lender's assessment of your application.
Reviewing the interest rates, fees, charges, and repayment terms can help you understand the overall cost of borrowing.
If you need assistance with your Branch Personal Loan, you can contact the lender through its customer support channels. Keep your registered mobile number and loan details handy for faster resolution.
If your concern remains unresolved, you can escalate it to the Grievance Redressal Officer.
You can reach out to the appropriate support or grievance channel depending on the nature of your query and the lending entity associated with your loan.
Reviewer
Branch offers personal loans at interest rates starting from 16% p.a. on Bajaj Markets. The exact rate offered depends on factors such as your eligibility, credit profile, and income.
Branch discloses its interest rate on an annual (per annum) basis.
Whether the interest rate is high depends on your financial profile and the loan offers available to you. It is advisable to compare the interest rate, fees, and total repayment amount before applying.
Branch charges a processing fee of 3.50%. This fee is separate from the interest rate and forms part of the overall cost of borrowing.
Branch may consider factors such as your credit score, income, repayment capacity, and overall eligibility while assessing your loan application and determining the applicable interest rate.
You can borrow up to ₹2 Lakhs through a Branch Personal Loan on Bajaj Markets, subject to the lender's eligibility criteria and assessment of your profile.
Yes, the Branch Loan App is operated by Branch International Financial Services Private Limited, an RBI-registered Non-Banking Financial Company (NBFC). The platform offers a fully digital loan application process, allowing eligible borrowers to apply for and manage loans online.
You can compare Branch Personal Loan offers with loans from other lending partners on Bajaj Markets by reviewing factors such as interest rates, fees, loan amounts, and repayment tenures.