Fees and charges of personal loan

Bajaj Finserv offers attractive interest rates on personal loans up to Rs. 25 lakh to help you meet a range of financial requirements. Get collateral-free loans with minimum documentation, flexible tenor and disbursal within 24 hours* of approval.

With Bajaj Finserv Personal Loan, you do not have to worry about any hidden fees or charges.

Here are more details on the personal loan interest rates and charges:

Types of fees

Charges applicable

Personal loan interest rates

13% onwards

Processing fees

Up to 4% of the loan amount (inclusive of applicable taxes)

Bounce charges

Rs. 600 - Rs. 1,200 per bounce (inclusive of applicable taxes)

Penal interest

Delay in payment of monthly instalment shall attract penal interest at the rate of 3% per month on the monthly instalment outstanding, from the respective due date until the date of receipt.

Stamp duty

Payable as per state laws and deducted upfront from loan amount

Flexi fee Term Loan – Not applicable
Flexi variant (as applicable below)
Rs. 1999 (inclusive of applicable taxes) for loan amount is < 2 lakh
Rs. 3999 (inclusive of applicable taxes) for loan amount >= Rs. 2 lakh and < Rs. 4 lakh
Rs. 5999 (inclusive of applicable taxes) for the loan amount is >= Rs. 4 lakh and < Rs. 6 lakh
Rs. 6999 (inclusive of applicable taxes) for the loan amount is >= Rs. 6 lakh and < Rs. 10 lakh
Rs. 7999 (inclusive of applicable taxes) for the loan amount is >= Rs. 10 lakh
Will be deducted upfront from the loan amount

*Flexi fee is not applicable for PLCS & RPL
*Terms and conditions apply

Personal loan foreclosure charges

Loan variant

Charges

Term loan

4% (inclusive of applicable taxes) on the outstanding loan amount as on the date of full pre-payment.

Flexi term loan (Flexi dropline)

4% (inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule as on the date of full prepayment.

Flexi Hybrid loan

4% (inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule as on the date of full prepayment.

*Foreclosure can be done after the deduction of 1st EMI.

Personal loan part pre-payment charges

Borrower

Time period

Part pre-payment charges

All borrowers

More than one month from the date of disbursal

2% (inclusive of applicable taxes)

*Part pre-payment made should be more than one EMI

* These charges not applicable for flexi loan facility.

Annual/ additional maintenance charges

Loan variant

Charges

Term loan

Not applicable

Flexi term loan (Flexi dropline)

0.25% (inclusive of applicable taxes) on the total withdrawable amount (as per the repayment schedule) on the date of levy of such charges.

Flexi Hybrid loan

0.25% (inclusive of applicable taxes) on the total withdrawable amount during initial tenor. 0.25% (inclusive of applicable taxes) on total withdrawable amount during subsequent tenor.

*These charges will be levied annually.
 

Fees and charges of business loan

Bajaj Finserv offers. the lowest rate of interest on business loan. Read more about our latest interest rate and fees and charges below.

 

Types of fees

Applicable charges

Rate of interest

17% p.a. onwards

Processing fees

Up to 2% of the loan amount (Plus Applicable Taxes)

Bounce charges

Up to Rs. 3,000 (inclusive of applicable taxes)

Penal interest (applicable in case of non-payment of monthly instalment on/ before the due-date)

Any delay in payment of monthly instalment/ EMI shall attract penal interest at the rate of 2% per month on the monthly instalment/ EMI outstanding, from the date of default until the receipt of monthly instalment/ EMI.

Document processing charges

Rs. 2,360 (Inclusive of all taxes)

Stamp duty

At actuals (as per State)

Mandate rejection charges
Rs. 450 (Inclusive of applicable taxes) will be applicable if the new mandate form is not registered within 30 days from the date of rejection of the previous mandate form by the customer’s bank by any reason whatsoever.

Annual/ additional maintenance charges

Loan variant

Charges

Loan (term loan/ advance EMI/ step-up structured monthly instalment/ step-down structured monthly instalment)

0.25% plus applicable taxes of the total withdrawable amount (as per the repayment schedule) on the date of levy of such charges.

Flexi Hybrid loan

1% plus applicable taxes of the total withdrawable amount during initial tenor. 0.25% plus applicable taxes of the total withdrawable amount during subsequent tenor.

Note: Annual/ additional maintenance charge is deducted upfront every year for the complete tenor of the loan.

Foreclosure charges

Loan variant

Charges

Loan (term loan/ advance EMI/ step-up structured monthly instalment/ step-down structured monthly instalment)

4% plus applicable taxes on the outstanding loan amount payable by the borrower on the date of such full pre-payment

Flexi term loan

4% plus applicable taxes of the total withdrawable amount as per the repayment schedule, on the date of such full Pre-Payment.

Flexi Hybrid loan

4% plus applicable taxes of the total withdrawable amount as per the repayment schedule, on the date of such full Pre-Payment.

Part-prepayment charges

Borrower type

Time period

Part-prepayment charges

Not applicable if the borrower is an Individual and the loan is availed on floating interest rate and not applicable for Flexi term loan/ Hybrid flexi variant

More than one month from date of loan disbursal.

2% plus applicable taxes on part-payment amount paid.

Fees and charges of gold loan

The following charges are applicable on gold loan:

Types of fees

Applicable Charges (Rs.)

Interest rate

10% to 28% p.a.

Processing fees

Rs. 75 of the loan amount (Inclusive of applicable taxes)

Stamp duty (as per respective state)

Payable as per state laws and deducted upfront from loan amount

Cash handling charges

Rs. 50 (Inclusive of applicable taxes)
Applicable for Cash mode of disbursement

Penal interest

3% per annum on outstanding balance
Penal interest margin/ rate will be over and above the interest rate slab mentioned above which shall be applicable/ chargeable in case of default in repayment of the outstanding dues post maturity.

Part pre-payment charges

NIL

Foreclosure charges

NIL

Auction charges

Charge for Physical Notice – Rs. 40 (Inclusive of applicable taxes) per Notice

Recovery Charges – Rs. 500 (Inclusive of applicable taxes)

Advertisement Fee – Rs. 200 (Inclusive of applicable taxes)

*Minimum period for charging interest (Irrespective of date of repayment) (In days) 7 days
 

Fees and charges of loan against securities

The following charges are applicable on loan against securities:

Types of fees

Charges applicable

Interest rate

15% p.a.

Processing fees

Rs. 1,000 + applicable taxes

Interest and principal statement charges

NIL

Foreclosure charges

NIL

Pre-payment charges

NIL

Bounce charges

Rs. 1,200 per bounce (inclusive of applicable taxes) per bounce (Inclusive of applicable taxes)

Penal interest

2% per month per month

*Applicable only for online application for a Loan Against Securities.

Fees and charges of used car finance

The following charges are applicable on used car finance:

Types of fees

Charges applicable

Processing fee

Up to 4% plus applicable taxes

Stamp duty

At actuals (as per State)

Documentation charges

Rs. 2,360 (inclusive of applicable taxes) (recently updated)

Loan re-booking

Rs. 1,000 (Inclusive of applicable taxes)

Loan cancellation charges

Rs. 2,360 (Inclusive of applicable taxes)

Bounce charges

2,000 (Inclusive of applicable taxes)

Penal interest

Any delay in payment of monthly instalment/ EMI shall attract penal interest at the rate of 2% per month on the monthly instalment/ EMI outstanding, from the date of default until the receipt of monthly instalment/ EMI.

Legal, repossession and incidental charges

At actuals

NDC for interstate transfer

Rs. 1,000 plus applicable taxes

NDC to convert from private to commercial

Rs. 3,000 plus applicable taxes

Duplicate NDC

Rs. 500 (Inclusive of all taxes)

Statement of account/ repayment schedule/ foreclosure letter/ interest certificate/ list of documents

Download your e-statements/ letters/ certificates at no extra cost by logging into the customer portal – Experia. You can get a physical copy of your statements/ letters/ certificates/ List of documents from any of our branches at a charge of Rs. 50 (Inclusive of applicable taxes) per statement/ letter/ certificate. 
Mandate
rejection charges
Rs. 450 (Inclusive of applicable taxes) will be applicable if the new mandate form is not registered within 30 days from the date of rejection of the previous mandate form by the customer’s bank by any reason whatsoever.

Pre-payment Charges and Annual Maintenance Charges

Loan Variants

Full Pre-Payment (Foreclosure) Charges.(Foreclosure can be processed post clearance of 6th EMI)

Part Payment Charges

Annual Maintenance Charges

Term loan

4% plus applicable taxes on the outstanding loan amount payable by the borrower on the date of such full pre-payment

4% plus applicable taxes of the principal amount of loan prepaid on the date of such part pre-payment

Not applicable

Flexi Hybrid

4% plus applicable taxes of the total withdrawable amount as per the repayment schedule, during initial and subsequent tenor on the date of such full pre-payment

Not applicable

Initial tenor: (a) For 1st year of initial tenor: Nil (b) For 2nd year of initial tenor: 1.25% plus applicable taxes of total withdrawable amount, which will be charged at the beginning of year. Subsequent tenor: 0.25% plus applicable taxes of total withdrawable amount, which will be charged at the beginning of year.

Fees and charges of UCF Flexi conversion loan

The following charges are applicable on UCF Flexi conversion loan:

Types of fees

Charges applicable

Processing fee of conversion

Up to 4% plus applicable taxes

Stamp duty

At actuals (as per state)

Loan cancellation charges 

Rs. 2,360 (inclusive of applicable taxes)

 Bounce charges

Rs. 2,000 (Inclusive of applicable taxes)

Penal interest

Any delay in payment of monthly instalment/ EMI shall attract penal interest at the rate of 2% per month on the Monthly Instalment/ EMI outstanding, from the date of default until the receipt of Monthly Instalment/ EMI.

Legal, repossession and incidental charges

At actuals

NDC for interstate transfer

Rs. 1,000 plus applicable taxes

NDC to convert from private to commercial

Rs. 3,000 plus applicable taxes

Full pre-payment (foreclosure) charges. (Foreclosure can be processed post clearance of 6th EMI)

4% of the total withdrawable amount plus applicable taxes as per the repayment schedule, during initial and subsequent tenor on the date of such full pre-payment

Part payment charges

Nil

Annual maintenance charges

Initial tenor:
(a) For 1st year of initial tenor : Nil
(b) For 2nd year of initial tenor: 1.25% (plus applicable taxes) of Total withdrawable amount, which will be charged at the beginning of year
Subsequent tenor: 0.50% (plus applicable taxes) of total withdrawable amount, which will be charged at the beginning of year.

Duplicate NDC

Rs. 500 (inclusive of taxes)

Statement of account/ repayment schedule/ foreclosure letter/ interest certificate/ list of documents

Download your e-statements/ letters/ certificates at no extra cost by logging into the customer portal – Experia. You can get a physical copy of your statements/ letters/ certificates/ list of documents from any of our branches at a charge of Rs. 50 (inclusive of applicable taxes) per statement/ letter/ certificate.

Fees and charges of loan for doctors

Bajaj Finserv offers the lowest doctor loan rate of interest. Read more about our doctor loan interest rate and charges below.

The following fees and charges are applicable on a personal loan and business loan for doctors:

Types of fees

Charges applicable

Rate of interest

14% - 17% p.a.

Processing fee

Up to 2% of the loan amount (plus applicable taxes)

Penal interest

Any delay in payment of monthly instalment/ EMI shall attract penal interest at the rate of 2% per month on the monthly instalment/ EMI outstanding, from the date of default until the receipt of monthly instalment/ EMI.

Document processing charges

Rs. 2,360 (Inclusive of applicable taxes)

Bounce charges

Up to Rs. 3,000 (inclusive of applicable taxes)

Stamp duty

At actuals (as per state)

Mandate rejection charges
Rs. 450 (Inclusive of applicable taxes) will be applicable if the new mandate form is not registered within 30 days from the date of rejection of the previous mandate form by the customer’s bank by any reason whatsoever.

Annual/ additional maintenance charges

Loan variant

Charges

Flexi term loan

0.25% plus applicable taxes of the total withdrawable amount (as per the repayment schedule) on the date of levy of such charges.

Flexi Hybrid loan

0.25% to 0.50% plus applicable taxes of the total withdrawable amount during initial tenor. 0.25% plus applicable taxes of the total withdrawable amount during subsequent tenor.

Foreclosure charges

Loan variant

Charges

Loan (term loan/ advance EMI/ step-up structured monthly instalment/ step-down structured monthly instalment)

4% plus applicable taxes on the outstanding loan amount payable by the borrower on the date of such full pre-payment

Flexi term loan

4% plus applicable taxes of the total withdrawable amount as per the repayment schedule, on the date of such full pre-payment.

Flexi Hybrid loan

4% plus applicable taxes of the total withdrawable amount as per the repayment schedule, on the date of such full pre-payment.

Part-prepayment charges

Borrower type

Time period

Part-prepayment charges

Not applicable if the borrower is an individual and the loan is availed on floating interest rate and not applicable for Flexi term loan/ Flexi Hybrid variant

More than one month from date of loan disbursal

2% plus applicable taxes on part-payment amount paid

Fees and charges of chartered accountant loan

Fees and charges for business loan for chartered accountant are as follows-

Types of fees

Applicable charges

Interest rate

14% to 17% p.a.

Processing fee

Up to 2% of the loan amount (Plus Applicable Taxes)

Bounce charges

Up to Rs. 3,000 (Inclusive of applicable taxes)

Penal interest (applicable in case of non-payment of monthly instalment on/ before the due date)

Any delay in payment of monthly instalment/ EMI shall attract penal interest at the rate of 2% per month on the monthly instalment/ EMI outstanding, from the date of default until the receipt of monthly instalment/ EMI.

Document processing charges

Rs. 2,000 plus applicable taxes

Stamp duty

At actuals (as per state)

Annual/ additional maintenance charges

Loan variant

Charges

Flexi term loan

0.25% plus applicable taxes of the total withdrawable amount (as per the repayment schedule) on the date of levy of such charges.

Flexi Hybrid loan

0.25% to 0.5% plus applicable taxes of the total withdrawable amount during initial tenor. 0.25% plus applicable taxes of the total withdrawable amount during subsequent tenor.

Foreclosure charges

Loan variant

Charges

Loan (term loan/ advance EMI/ step-up structured monthly instalment/ step-down structured monthly instalment)

4% plus applicable taxes on the outstanding loan amount payable by the borrower on the date of such full pre-payment

Flexi term loan

4% plus applicable taxes of the total withdrawable amount as per the repayment schedule, on the date of such full pre-payment.

Flexi Hybrid loan

4% plus applicable taxes of the total withdrawable amount as per the repayment schedule, on the date of such full pre-payment.

Part-prepayment charges

Borrower type

Time period

Part-prepayment charges

Not applicable if the borrower is an Individual and the loan is availed on floating interest rate and not applicable for Flexi term loan/ Flexi Hybrid variant

More than one month from date of loan disbursal.

2% plus applicable taxes on part-payment amount paid.

Fees and charges of platinum choice SuperCard

The following charges are applicable on platinum choice SuperCard

Types of fees

Charges applicable

Joining fee

Rs. 499 + GST

Annual fee

Rs. 499 + GST
fee waiver on annual spends of Rs. 50,000
(recently updated)

Add-on card fees

Nil

Foreign currency transaction**

3.5% + GST

Cash payment at branches

Rs. 250 + GST cash deposit transaction done at RBL branch and Bajaj Finserv branch

Surcharge on purchase/ cancellation of railway tickets

IRCTC service charges * + payment gateway. transaction charge [up to 1.8% + GST of (ticket amount + IRCTC service charge).

Fuel transaction charge - for transaction made at petrol pumps to purchase fuel^

1% + GST surcharge on fuel transaction value or Rs. 10 + GST, whichever is higher

Reward redemption fees

A reward redemption fee of Rs. 99 + GST will be levied on all redemptions made on Bajaj Finserv RBL Bank SuperCards w.e.f. June 01, 2019. T&C apply

Cash advance transaction fee

2.5% + GST of the cash amount (minimum Rs. 500 + GST)

Overdue interest on extended credit

Up to 3.99% + GST per month or 47.88% + GST per annum

Overdue interest on secured credit cards

3.33% + GST per month or 40% + GST per annum

Overdue penalty/ late payment

15% + GST of total amount due (Min Rs. 50 and Max Rs. 1,500 + GST)

Over-limit penalty

Rs. 600 + GST

Finance charges (retail purchases and cash)

APR up to 3.99% + GST p.m. (up to 47.88% + GST p.a.)

Call-a-draft fee

2.5% + GST (min Rs. 300 + GST) of the draft amount

Card replacement (lost/ stolen/ reissue/ any other replacement)

Nil (recently updated)

Duplicate statement fee

Nil (recently updated)

Charge slip retrieval/ copy fee

Rs. 100 + GST

Outstation cheque fee

Rs. 100 + GST

Cheque return/ dishonour fee auto debit reversal-bank account out of funds

Rs. 500 + GST

All the above charges are subject to change under various marketing programs. The cardmember will be informed about these changes.
^ The surcharge is applicable on minimum fuel transactions of Rs. 500 and maximum of Rs. 4,000. Maximum surcharge waiver is Rs. 100 for platinum SuperCards, Rs. 200 for world plus SuperCard and Rs. 150 for all other world SuperCards.
* Refer to IRCTC website for details
** Transactions at merchant establishments that are registered overseas even if the merchant is located in India attract a cross border charge

Fees and charges of platinum choice first-year free SuperCard

The following charges are applicable on platinum choice first-year free SuperCard:

Types of fees

Charges applicable

Annual fee

Rs. 499 + GST
Fee waiver on annual spends of Rs. 50,000
(recently updated)

Add-on card fees

NIL

Foreign currency transaction**

3.5% + GST

Cash payment at branches

Rs. 250 + GST cash deposit transaction done at RBL branch and Bajaj Finserv branch

Surcharge on purchase/ cancellation of railway tickets

IRCTC service charges* + payment gateway transaction charge (Up to 1.8% + GST of ticket amount + IRCTC service charge).

Fuel transaction charge for transaction made at petrol pumps to purchase fuel^

1% + GST surcharge on fuel transaction value or Rs. 10 + GST, whichever is higher

Reward redemption fees

A reward redemption fee of Rs. 99 + GST will be levied on all redemptions made on Bajaj Finserv RBL Bank SuperCards w.e.f. June 01, 2019. T&C Apply

Cash advance transaction fee

2.5% + GST of the cash amount (Minimum Rs. 500 + GST)

Overdue interest on extended credit

Up to 3.99% + GST per month or 47.88% + GST per annum

Overdue interest on secured credit cards

3.33% + GST per month or 40% + GST per annum

Overdue penalty/ late payment

15% + GST of total amount due (Min Rs. 50 and Max Rs. 1,500 + GST)

Over-limit penalty

Rs. 600 + GST

Finance charges (retail purchases and cash)

APR up to 3.99% + GST p.m. (up to 47.88% + GST p.a.)

Call-a-draft fee

2.5% + GST (min Rs. 300 + GST) of the draft amount

Card replacement (lost/ stolen/ reissue/ any other replacement)

Nil (recently updated)

Duplicate statement fee

Nil (recently updated)

Charge slip retrieval/ copy fee

Rs. 100 + GST

Outstation cheque fee

Rs. 100 + GST

Cheque return/ dishonour fee auto debit reversal-bank account out of funds

Rs. 500 + GST

All the above charges are subject to change under various marketing programs. The cardmember will be informed about these changes.
^ The surcharge is applicable on minimum fuel transactions of Rs. 500 and maximum of Rs. 4,000. Maximum surcharge waiver is Rs. 100 for platinum SuperCards, Rs. 200 for world plus SuperCard and Rs. 150 for all other world SuperCards.
* Refer to IRCTC website for details
** Transactions at merchant establishments that are registered overseas even if the merchant is located in India attract a cross border charge

Fees and charges of platinum plus SuperCard

The following charges are applicable on platinum plus SuperCard:

Types of fees

Charges applicable

Joining fee

Rs. 999 + GST

Annual fee

Rs. 999 + GST

Fee waiver on annual spends of Rs. 50,000
(recently updated)

Add-on card fees

Nil

Foreign currency transaction**

3.5% + GST

Cash payment at branches

Rs. 250 + GST cash deposit transaction done at RBL branch and Bajaj Finserv branch

Surcharge on purchase/ cancellation of railway tickets

IRCTC service charges * + payment gateway. Transaction charge (Up to 1.8% + GST of ticket amount +IRCTC service charge). Refer IRCTC website for details

Fuel transaction charge for transaction made at petrol pumps to purchase fuel^

1% + GST surcharge on fuel transaction value or Rs. 10 + GST, whichever is higher

Reward redemption fees

A reward redemption fee of Rs. 99 + GST will be levied on all redemptions made on Bajaj Finserv RBL Bank SuperCards w.e.f. June 01, 2019. T&C Apply

Cash advance transaction fee

2.5% + GST of the cash amount (minimum Rs. 500 + GST)

Overdue interest on extended credit

Up to 3.99% + GST per month or 47.88% + GST per annum

Overdue interest on secured credit cards

3.33% + GST per month or 40% + GST per annum

Overdue penalty/ late payment

15% + GST of total amount due (minimum Rs. 50 and maximum Rs. 1,500 + GST)

Over-limit penalty

Rs. 600 + GST

Finance charges (retail purchases and cash)

APR up to 3.99% + GST p.m. (up to 47.88% + GST p.a.)

Call-a-draft fee

2.5% + GST (min Rs. 300 + GST) of the draft amount

Card replacement (lost/ stolen/ reissue/ any other replacement)

Nil (recently updated)

Duplicate statement fee

Nil (recently updated)

Charge slip retrieval/ copy fee

Rs. 100 + GST

Outstation cheque fee

Rs. 100 + GST

Cheque return/ dishonour fee auto debit reversal-bank account out of funds

Rs. 500 + GST

All the above charges are subject to change under various marketing programs. The cardmember will be informed about these changes.
^ The surcharge is applicable on minimum fuel transactions of Rs. 500 and maximum of Rs. 4,000. Maximum surcharge waiver is Rs. 100 for platinum SuperCards, Rs. 200 for world plus SuperCard and Rs. 150 for all other world SuperCards.
* Refer to IRCTC website for details
** Transactions at merchant establishments that are registered overseas even if the merchant is located in India attract a cross border charge

Fees and charges of platinum plus first-year free SuperCard

The following charges are applicable on platinum plus first-year free SuperCard:

Types of fees

Charges applicable

Annual fee

Rs. 999 + GST
Fee waiver on annual spends of up to Rs. 50,000 (recently updated)

Add-on card fees

Nil

Foreign currency transaction**

3.5% + GST

Cash payment at branches

Rs. 250 + GST cash deposit transaction done at RBL branch and Bajaj Finserv branch

Surcharge on purchase/ cancellation of railway tickets

IRCTC service charges * + payment gateway. Transaction charge (up to 1.8% + GST of ticket amount +IRCTC service charge). Refer IRCTC website for details

Fuel transaction charge for transaction made at petrol pumps to purchase fuel^

1% + GST surcharge on fuel transaction value or Rs. 10 + GST, whichever is higher

Reward redemption fees

A reward redemption fee of Rs. 99 + GST will be levied on all redemptions made on Bajaj Finserv RBL Bank SuperCards w.e.f. June 01, 2019. T & C Apply

Cash advance transaction fee

2.5% + GST of the cash amount (minimum Rs. 500 + GST)

Overdue interest on extended credit

Up to 3.99% + GST per month or 47.88% + GST per annum

Overdue interest on secured credit cards

3.33% + GST per month or 40% + GST per annum

Overdue penalty/ late payment

15% + GST of total amount due (minimum Rs. 50 and maximum Rs. 1,500 + GST)

Over-limit penalty

Rs. 600 + GST

Finance charges (retail purchases and cash)

APR up to 3.99% + GST p.m. (up to 47.88% + GST p.a.)

Call-a-draft fee

2.5% + GST (minimum Rs. 300 + GST) of the draft amount

Card replacement (lost/ stolen/ reissue/ any other replacement)

Nil (recently updated)

Duplicate statement fee

Nil (recently updated)

Charge slip retrieval/ copy fee

Rs. 100 + GST

Outstation cheque fee

Rs. 100 + GST

Cheque return/ dishonour fee auto debit reversal-bank account out of funds

Rs. 500 + GST

All the above charges are subject to change under various marketing programs. The cardmember will be informed about these changes.
^ The surcharge is applicable on minimum fuel transactions of Rs. 500 and maximum of Rs. 4,000. Maximum surcharge waiver is Rs. 100 for Platinum SuperCards, Rs. 200 for World Plus SuperCard and Rs. 150 for all other World SuperCards.
* Refer to IRCTC website for details
** Transactions at merchant establishments that are registered overseas even if the merchant is located in India attract a cross border charge

Fees and charges of world prime SuperCard

The following charges are applicable on world prime SuperCard:

Types of fees

Charges applicable

Joining fee

Rs. 2,999 + GST

Annual fee

Rs. 2,999 + GST

Renewal fee

Rs. 2,999 + GST

Add-on card fees

Nil

Foreign currency transaction**

3.5% + GST

Cash payment at branches

Rs. 250 + GST cash deposit transaction done at RBL branch and Bajaj Finserv branch

Surcharge on purchase/ cancellation of railway tickets

IRCTC service charges * + payment gateway. Transaction charge (up to 1.8% + GST of ticket amount +IRCTC service charge). Refer IRCTC website for details

Fuel transaction charge for transaction made at petrol pumps to purchase fuel^

1% + GST surcharge on fuel transaction value or Rs. 10 + GST, whichever is higher

Reward redemption fees

A reward redemption fee of Rs. 99 + GST will be levied on all redemptions made on Bajaj Finserv RBL Bank SuperCards w.e.f. June 01, 2019. T&C Apply

Cash advance transaction fee

2.5% + GST of the cash amount (minimum Rs. 500 + GST)

Overdue interest on extended credit

Up to 3.99% + GST per month or 47.88% + GST per annum

Charge slip retrieval/ copy fee

Rs. 100

Overdue interest on secured credit cards

3.33% + GST per month or 40% + GST per annum

Overdue penalty/ late payment

15% + GST of total amount due (minimum Rs. 50 and maximum Rs. 1,500 + GST)

Over-limit penalty

Rs. 600 + GST

Finance charges (retail purchases and cash)

APR up to 3.99% + GST p.m. (up to 47.88% + GST p.a.)

Call-a-draft fee

2.5% + GST (min Rs. 300 + GST) of the draft amount

Card replacement (lost/ stolen/ reissue/ any other replacement)

Nil (recently updated)

Duplicate statement fee

Nil (recently updated)

Charge slip retrieval/ copy fee

Rs. 100 + GST

Outstation cheque fee

Rs. 100 + GST

Cheque return/ dishonour fee auto debit reversal-bank account out of funds

Rs. 500 + GST

All the above charges are subject to change under various marketing programs. The cardmember will be informed about these changes.
^ The surcharge is applicable on minimum fuel transactions of Rs. 500 and maximum of Rs. 4,000. Maximum surcharge waiver is Rs. 100 for platinum SuperCards, Rs. 200 for world plus SuperCard and Rs. 150 for all other world SuperCards.
* Refer to IRCTC website for details
** Transactions at merchant establishments that are registered overseas even if the merchant is located in India attract a cross border charge

Fees and charges of world plus SuperCard

The following charges are applicable on world plus SuperCard:

Types of fees

Charges applicable

Joining fee

Rs. 4,999 + GST

Annual fee

Rs. 4,999 + GST

Add-on card fees

Nil

Foreign currency transaction**

3.5% + GST

Cash payment at branches

Rs. 250 + GST cash deposit transaction done at RBL branch and Bajaj Finserv branch

Surcharge on purchase/ cancellation of railway tickets

IRCTC service charges * + payment gateway. Transaction charge [Up to 1.8% + GST of (ticket amount +IRCTC service charge). Refer IRCTC website for details

Fuel transaction charge for transaction made at petrol pumps to purchase fuel^

1% + GST surcharge on fuel transaction value or Rs. 10 + GST, whichever is higher

Reward redemption fees

A reward redemption fee of Rs. 99 + GST will be levied on all redemptions made on Bajaj Finserv RBL Bank SuperCards w.e.f. June 01, 2019. T&C Apply

Cash advance transaction fee

2.5% + GST of the cash amount (minimum Rs. 500 + GST)

Overdue interest on extended credit

Up to 3.99% + GST per month or 47.88% + GST per annum

Overdue interest on secured credit cards

3.33% + GST per month or 40% + GST per annum

Overdue penalty/ late payment

15% + GST of total amount due (minimum Rs. 50 and maximum Rs. 1,500 + GST)

Over-limit penalty

Rs. 600 + GST

Finance charges (retail purchases and cash)

APR up to 3.99% + GST p.m. (up to 47.88% + GST p.a.)

Call-a-draft fee

2.5% + GST (min Rs. 300 + GST) of the draft amount

Card replacement (lost/ stolen/ reissue/ any other replacement)

Nil (recently updated)

Duplicate statement fee

Nil (recently updated)

Charge slip retrieval/ copy fee

Rs. 100 + GST

Outstation cheque fee

Rs. 100 + GST

Cheque return/ dishonour fee auto debit reversal-bank account out of funds

Rs. 500 + GST

All the above charges are subject to change under various marketing programs. The cardmember will be informed about these changes.
^ The surcharge is applicable on minimum fuel transactions of Rs. 500 and maximum of Rs. 4,000. Maximum surcharge waiver is Rs. 100 for Platinum SuperCards, Rs. 200 for World Plus SuperCard and Rs. 150 for all other World SuperCards.
* Refer to IRCTC website for details
** Transactions at merchant establishments that are registered overseas even if the merchant is located in India attract a cross border charge

Fees and charges of doctor's SuperCard

The following charges are applicable on doctor's SuperCard:

Types of fees

Charges applicable

Joining fee

Rs. 999 + GST

Annual fee

Rs. 999 + GST
Fee waiver on annual spends of Rs. 1 lakh (recently updated)

Add-on card fee

Nil

Foreign currency transaction**

3.5% + GST

Cash payment at branches

Rs. 250 + GST cash deposit transaction done at RBL bank branch and Bajaj Finserv branch.

Surcharge on purchase/ cancellation of railway tickets

IRCTC service charges** + payment gateway transaction charge (Up to 1.8% + GST of ticket amount + IRCTC service charge).

Fuel transaction charge for transaction made at petrol pumps to purchase fuel^

1%  + GST surcharge on fuel transaction value or
Rs. 10 + GST, whichever is higher

Reward redemption fees

A reward redemption fee of Rs. 99 + GST will be levied on all redemptions made on Bajaj Finserv RBL Bank SuperCards w.e.f. June 01, 2019. T&C Apply

Cash advance transaction fee

2.5% + GST (min Rs. 100 + GST) of the cash amount

Overdue interest on extended credit

Up to 3.99%  + GST per month or 47.88% + GST per annum

Overdue interest on secured credit cards

2.5%  + GST per month or 30% + GST per annum

Overdue penalty/ late payment

Fee 15% + GST of total amount due (minimum Rs. 50 + GST, maximum Rs. 1,000 + GST)

Over-limit penalty

Rs. 600 + GST

Finance charges (retail purchases and cash)

APR up to 3.99% + GST p.m. (up to 47.88% + GST p.a.)

Call-a-draft fee

2.5% + GST (minimum Rs. 300 + GST) of the draft amount

Card replacement (lost/ stolen/ reissue/ any other replacement)

Nil (recently updated)

Duplicate statement fee

Nil (recently updated)

Charge slip retrieval/ copy fee

Rs. 100 + GST

Outstation cheque fee

Rs. 100 + GST

Cheque return/ dishonour fee auto debit reversal-bank account out of funds

Rs. 500 + GST

Personal indemnity insurance* + annual fee

Rs. 4,999 + GST

All the above charges are subject to change under various marketing programs. The cardmember will be informed about these changes.
^ The surcharge is applicable on minimum fuel transactions of Rs. 500 and maximum of Rs. 4,000. Maximum surcharge waiver is Rs. 100 for platinum SuperCards, Rs. 200 for world plus SuperCard and Rs. 150 for all other world SuperCards.
* Personal Indemnity Insurance cover is provided free of cost for first year to all the customers. Charges will be levied only post customer consent in the second year if Rs. 3.5 lakh spend criteria is not met in the first year.
** Refer to IRCTC website for details
*** Transactions at merchant establishments that are registered overseas even if the merchant is in India attract a cross border charge

Fees and charges of EMI Network Card

EMI NETWORK CARD

EMI Network Card fee

Rs. 530/- (Inclusive of applicable taxes)

Add-on Card Fee

Rs. 199/- (Inclusive of applicable taxes)

Convenience Fee

Rs. 99/- + (Applicable taxes) will be added in the 01st EMI

Loan Enhancement Fees

Rs. 99/- + (Applicable taxes) will be added in the 01st EMI

Mandate Registration Charges

Rs.118 (inclusive of applicable taxes) will be applicable for the below banks:

• Bank of Maharashtra
• Development Credit Bank Limited
• IDFC Bank
• Karnataka Bank Limited
• Punjab & Sind Bank
• Rajkot Nagarik Sahakari Bank Limited
• Tamilnad Mercantile Bank Limited
• UCO Bank
• Indian Overseas Bank
• United Bank of India

Bounce charges 

Rs. 450/- (Inclusive of applicable taxes)

Mandate Rejection Charges

Rs. 450/- inclusive of applicable taxes. Will be applicable if new mandate form is not registered within 30 days from the date of rejection of previous mandate form by Customer’s Bank for any reasons whatsoever.

Penal interest

Any delay in payment of Monthly Instalment/ EMI shall attract penal interest at the rate of 4% per month on the Monthly Instalment/ EMI outstanding, from the date of default until the receipt of Monthly Instalment/ EMI.

Annual Fee

Rs. 117/- (Inclusive of applicable taxes). Annual fee will only be charged to the EMI Network Card holders who have not availed any loan using the EMI Network Card in the preceding year.

The duration of the preceding year is calculated 12 months from last year’s validity month, which is printed on the face of your EMI Network Card.

For example, If the EMI Network Card is issued in the month of February 2019 (referred to as ‘Member Since’, on the EMI Network Card) the date for payment of the annual fee will be March 2020.

Add-on card fee
An EMI Network Card is offered to the family members of the existing primary EMI Network Card holder. The limit will be shared with the primary EMI Network Card holder.

Annual fee
Annual/ renewal fee will only be charged to the EMI Network Card holders. who have not availed any loan using the EMI Network Card in the preceding year. The preceding year will be 12 months calculated from last year’s validity month, which is printed on the face of your EMI Network Card. For example, if you were issued the EMI Network Card on August 2014 (referred to as ‘Valid From’) and no transaction between August 2015 and August 2016; the payment of fee will be in September 2016.

Convenience fee
Convenience fee is charged for the ease of conversion of purchases in to easy EMIs at the point of sale through his EMI Network Card. These are not surcharge.

ECS return fee
A penalty is levied if your EMI payment fails due to insufficient funds or other bank rejection reasons.

Joining fee
Joining fee also known as participation or membership fee. This fee is charged once only.

Penal interest
These are charges for your delinquency in paying due amount on time is known as Penal interest.
 

Fees and charges of EMI Network

Processing fees varies from products, schemes and dealers purchased on the EMI Network categories.

Type of fees*

Minimum

Maximum

Processing fees

Nil

Rs. 1,078

Penal interest

Any delay in payment of monthly instalment/ EMI shall attract penal interest at the rate of 4% per month on the monthly instalment/ EMI outstanding, from the date of default until the receipt of monthly instalment/ EMI.

Bounce charges

Rs. 450 (inclusive of taxes)

Document/ statement charges
statement of account/ repayment schedule/ foreclosure letter/ no dues certificate/ interest certificate/ list of documents

Download your e-statements/ letters/ certificates at no extra cost by logging into the customer portal – Experia.
You can get a physical copy of your statements/ letters/ certificates/ list of documents from any of our branches at a charge of Rs. 50 (inclusive of taxes) per statement/ letter/ certificate.

CIBIL TransUnion report fees

Rs. 36 - Rs. 46 (inclusive of applicable taxes)

*Fees amount subject to change.

EMI Network categories are as below:

Appliances, electronics, lifecare treatments, home, kitchen and furniture, sports, fitness and travel

Mandate registration charge of Rs. 118 (inclusive applicable taxes) will be applicable for below banks -

  • Bank of Maharashtra
  • Development Credit Bank Ltd.
  • IDFC Bank
  • Karnataka Bank Ltd.
  • Punjab and Sind Bank
  • Rajkot Nagarik Sahakari Bank Ltd.
  • Tamil Nadu Mercantile Bank Ltd.
  • UCO Bank
  • Indian Overseas Bank
  • United Bank Of India

Fees and charges of Health EMI Network Card

The following charges are applicable on Health EMI Network Card:

Types of fees

Charges applicable

Health EMI Card Network Card fee - Gold

Rs. 707 (inclusive of applicable taxes)

Health EMI Card Network Card fee - Platinum

Rs. 999 (inclusive of applicable taxes)

Mandate registration charges

Rs. 118 (inclusive of applicable taxes) will be applicable for the below banks:

    Bank of Maharashtra

    Development Credit Bank Limited

    IDFC Bank

    Karnataka Bank Limited

    Punjab & Sind Bank

    Rajkot Nagarik Sahakari Bank Limited

    Tamilnad Mercantile Bank Limited

    UCO Bank

    Indian Overseas Bank

    United Bank of India

NACH/ Cheque bounce charges

Rs. 450 (inclusive of applicable taxes)

Mandate rejection charges

Rs. 450 (inclusive of applicable taxes) applicable if new mandate form is not registered within 30 days from the date of rejection of previous mandate form by the customer's bank for any reason whatsoever

Document/ statement charges/ statement of account/ repayment schedule/ foreclosure letter/ no due certificate/ interest certificate/ list of documents

Download your e-statements/ letters/ certificates at no extra cost by logging into the customer portal. You can get a physical copy of your statements/ letters/ certificates/ list of documents from any of our branches at a charge of Rs. 50 (inclusive of applicable taxes) per statement/ letter/ certificate.

Penal interest charges

Any delay in payment of monthly instalment/ EMI shall attract penal interest at the rate of 4% per month on the monthly instalment/ EMI outstanding, from the date of default until the receipt of monthly instalment/ EMI.

Annual fee

Rs. 117 (inclusive of applicable taxes)
Annual fee will only be charged to the Health EMI Network Card holders who have not availed of any loan using the Health EMI Network Card in the preceding year. The duration of the preceding year is calculated 12 months from last year's validity month, which is printed on the face of your Health EMI Network Card. For example, if the Health EMI Network Card is issued in the month of February 2019 (referred to as "Member since", on Health EMI Network Card) the date of payment of the annual fee will be March 2020.

Note: Additional cess will be applicable on all charges in accordance with the state specific laws.

Fees and charges of Insta EMI Card

The following charges are applicable on Insta EMI Card:

INSTA EMI CARD

EMI Network card Fee

Rs. 530/- (Inclusive of applicable taxes)

Add-on Card Fee

Rs. 199/- (Inclusive of applicable taxes)

Convenience Fee

Rs. 99/- plus (Applicable taxes) will be added in the 01st EMI

Loan Enhancement Fees

Rs. 99/- plus (Applicable taxes) will be added in the 01st EMI

Mandate Registration Charges

Rs. 118/- (Inclusive of applicable taxes)

NACH/ Cheque Bounce Charges

Rs. 450/- (Inclusive of applicable taxes)

Mandate Rejection Charges

Rs. 450/- inclusive of applicable taxes. Will be applicable if new mandate form is not registered within 30 days from the date of rejection of previous mandate form by Customer’s Bank for any reasons whatsoever.

Penal interest

Any delay in payment of Monthly Instalment/ EMI shall attract penal interest at the rate of 4% per month on the Monthly Instalment/ EMI outstanding, from the date of default until the receipt of Monthly Instalment/ EMI.

Annual Fee

Rs. 117/- (Inclusive of applicable taxes). Annual fee will only be charged to the EMI Network Card holders who have not availed any loan using the EMI Network Card in the preceding year.

The duration of the preceding year is calculated 12 months from last year’s validity month, which is printed on the face of your EMI Network Card.

For example, If the EMI Network Card is issued in the month of February 2019 (referred to as ‘Member Since’, on the EMI Network Card) the date for payment of the annual fee will be March 2020.

Fees and charges for Bajaj Finserv Wallet

The following charges are applicable on Bajaj Finserv Wallet:

Bajaj Finserv Wallet – Fees and Charges

Service

Charges (Rs.)

Account opening

Rs. 0

Load money

Charges (Rs.)

Through credit card

Up to 2% per transaction (inclusive of applicable taxes)

Through debit card

Up to 2% per transaction (inclusive of applicable taxes)

Through UPI

Up to 2% per transaction (inclusive of applicable taxes)

Through Net Banking

Up to 2% per transaction (inclusive of applicable taxes)

*Charges basis agreement with the merchant and aggregator, based on selected payment instrument and subject to revision time to time

Payment

Charges (Rs.)

Payment at merchant

Rs. 0

Payment to utility bill/ recharges/ DTH

Up to 2% per transaction (Inclusive of applicable taxes)

*Charges basis agreement with the merchant and aggregator, based on selected payment instrument and subject to revision time to time

Transfer

Charges (Rs.)

Bajaj Pay Wallet to wallet

Rs. 0

Bajaj Pay Wallet (full KYC only) to bank

Up to 5% per transaction (inclusive of applicable taxes)

*For failed transactions, total amount including charges except taxes are reversed.

*Additional cess will be applicable on all charges in accordance with the state specific laws.

Fees and charges of professional loan against property

The following fees and charges are applicable on a loan against property for professionals:

Types of fees

Charges applicable

Rate of interest

12.5 % p.a. onwards

Processing fee

Up to 2% of the loan amount (Plus Applicable Taxes)

Penal interest

Any delay in payment of monthly instalment/ EMI shall attract penal interest at the rate of 2% per month on the monthly instalment/ EMI outstanding, from the date of default until the receipt of monthly instalment/ EMI.

Bounce charges

Rs. 2,000 inclusive of applicable taxes

Document processing charges

Rs. 2,360 (Inclusive of applicable taxes)

Property insight

Rs. 6,999 inclusive of applicable taxes

Stamp duty

At actuals (as per state)

Mortgage origination fees Rs. 6,000 (Inclusive of applicable taxes)
Mandate rejection charges Rs. 450 (Inclusive of applicable taxes) will be applicable if the new mandate form is not registered within 30 days from the date of rejection of the previous mandate form by the customer’s bank by any reason whatsoever.

Annual/ additional maintenance charges –

Details

Charges

Flexi Term loan

0.25% plus applicable taxes of total withdrawable amount (as per the repayment schedule) on the date of levy of such charges.

Flexi Hybrid loan

0.5% plus applicable taxes of the total withdrawable amount during the initial tenor. 0.25% plus applicable taxes of the total withdrawable amount during subsequent tenor.

Full pre-payment (foreclosure) charges

Loan variant

Applicable charges

Loan (term loan/ advance EMI/ step-up structured monthly instalment/ step-down structured monthly instalment)

4% plus applicable taxes on the outstanding loan amount payable by the borrower on the date of such full pre-payment.

Flexi term loan

4% plus applicable taxes of the total withdrawable amount as per the repayment schedule, on the date of such full pre-payment.

Flexi Hybrid loan

4% plus applicable taxes of the total withdrawable amount as per the repayment schedule, on the date of such full pre-payment

Part-prepayment charges

Borrower type

Time period

Part-prepayment charges

Not applicable if the borrower is an Individual and the loan is availed on floating interest rate and not applicable for Flexi term loan/ Flexi Hybrid variant

More than one month from date of loan disbursal.

2% plus applicable taxes on part-payment amount paid.

 

Fees and charges of business loan against property

The following charges are applicable on loan against property for business loan:

Types of fees

Applicable charges

Rate of interest

17% p.a. onwards

Processing fees

Up to 2% of the loan amount (Plus Applicable Taxes)

Penal interest

Any delay in payment of monthly instalment/ EMI shall attract penal interest at the rate of 2% per month on the monthly instalment/ EMI outstanding, from the date of default until the receipt of monthly instalment/ EMI.

Bounce charges

Rs. 2,000 inclusive of applicable taxes

Document processing charges

Rs. 2,360 plus applicable taxes

Property insight

Rs. 6,999 inclusive of applicable taxes

Stamp duty

At actuals (as per state)

Annual/ additional maintenance charges

Loan variant

Charges

Flexi term loan

0.25% plus applicable taxes of the total withdrawable amount (as per the repayment schedule) on the date of levy of such charges.

Flexi Hybrid loan

0.50% plus applicable taxes of the total withdrawable amount during initial tenor. 0.25% plus applicable taxes of the total withdrawable amount during subsequent tenor.

Full pre-payment (foreclosure) charges

Loan variant

Applicable charges

Loan (term loan/ advance EMI/ step-up structured monthly instalment/ step-down structured monthly instalment)

4% plus applicable taxes on the outstanding loan amount payable by the borrower on the date of such full pre-payment.

Flexi term loan

4% plus applicable taxes of the total withdrawable amount as per the repayment schedule, on the date of such full pre-payment.

Flexi Hybrid loan

4% plus applicable taxes of the total withdrawable amount as per the repayment schedule, on the date of such full pre-payment

Part pre-payment charges

Borrower type

Time period

Part-prepayment charges

Not applicable if the borrower is an Individual and the loan is availed on floating interest rate and not applicable for Flexi term loan/ Flexi Hybrid variant

More than one month from date of loan disbursal.

2% plus applicable taxes on part-payment amount paid.

Fees and charges of healthcare/ medical equipment finance

Types of fees

Charges applicable

Rate of interest

Starting 10.49% to 16%

Processing fees

1%-2% of the sanctioned loan amount plus applicable taxes

Stamp duty/ legal, repossession and incidental charges

The actual stamp duty payable and the actual legal and incidental charges under applicable law

Bounce charges

Rs. 3,000 (inclusive of applicable taxes)

Legal, repossession and incidental charges

At actuals

Penal interest

Any delay in payment of monthly instalment/ EMI shall attract penal interest at the rate of 2% per month on the monthly instalment/ EMI outstanding, from the date of default until the receipt of monthly instalment/ EMI.

Prepayment charges and annual maintenance charges

Part pre-payment charges

Nil

Full Pre-payment (Foreclosure) Charges

Nil

For Flexi Hybrid loan AMC charges

0.25 to 0.5% plus applicable taxes of the total withdrawable amount during initial tenor. 0.25% plus applicable taxes of the total withdrawable amount during subsequent tenor.

Mandate rejection service charge*: Rs. 450 (inclusive of applicable taxes)

*Charges will be levied if new mandate form is not registered within 30 days from the date of rejection of previous mandate form by customer’s bank for any reasons whatsoever.

Applicable for all products.