Fees and charges of personal loan

Bajaj Finserv offers attractive interest rates on personal loans up to Rs. 40 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:

Type of fee

Applicable charges

Rate of interest

11% to 38% p.a.

Processing fees

Up to 3.93% of the loan amount (inclusive of applicable taxes).

Flexi Fee

Term Loan – Not applicable

Flexi variant - A fee will be deducted upfront from the loan amount (as applicable below)

  • Up to Rs. 1,999/- for loan amount less than Rs. 2,00,000
  • Up to Rs. 3,999/- for loan amount from Rs. 2,00,000 to Rs. 3,99,999
  • Up to Rs. 5,999/- for loan amount from Rs. 4,00,000 to Rs. 5,99,999
  • Up to Rs. 7,999/- for loan amount from Rs. 6,00,000 to Rs. 9,99,999
  • Up to Rs. 8,999/- for loan amount from Rs. 10,00,000 to Rs. 14,99,999
  • Up to Rs. 9,999/- for loan amount from Rs. 15,00,000 to Rs. 19,99,999
  • Up to Rs. 10,999/- for loan amount from Rs. 20,00,000 to Rs. 24,99,999
  • Up to Rs. 11,999/- for loan amount from Rs. 25,00,000 to Rs. 29,99,999
  • Up to Rs. 12,999/- for loan amount of Rs. 30,00,000 and above

*All the Flexi charges above are inclusive of applicable taxes

*Loan amount includes approved loan amount, insurance premium, and VAS charges.

Bounce charges

In case of default of repayment instrument, Rs. 700 - Rs. 1,200/- per bounce will be levied.

Pre-payment charges

Full Prepayment

  • Term Loan: Up to 4.72% (inclusive of applicable taxes) on 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 of the date of full prepayment.


Part-prepayment

  • Term Loan: Up to 4.72% (inclusive of applicable taxes) of the principal amount of the loan prepaid on the date of such part-prepayment.
  • Not Applicable for Flexi Term Loan (Flexi Dropline) and Flexi Hybrid.


*Foreclosure will be processed post clearance of first EMI

Penal interest

Delay in payment of monthly instalment shall attract penal interest at the rate of 42% per annum applicable 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 loan amount.

Mandate rejection charges

Rs. 450 per month from the first month of the due date for the mandate rejected by customer’s bank until the registration of new mandate.

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 0.295% (inclusive of applicable taxes) of the total withdrawable amount during the initial tenure. Up to 0.295% (inclusive of applicable taxes) of total withdrawable amount during subsequent tenure.

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 will not be applicable.

***The charges are applicable per merchant EMI transaction, i.e. EMI conversion done at the time of transaction through credit card at merchant outlet/website/app.

^^Here “Overlimit Amount” is the difference between the Overlimit outstanding amount and the assigned credit limit (Only If OVL consent is provided in MyCard). There will be no upper limit capping.

+Dynamic currency conversion fee will be applicable for each international transaction performed in Indian currency at an international location or transactions performed in Indian currency with merchants located in India but registered overseas.)

*Terms and conditions apply

For Micro Finance Loans, please note below:
Purchase of any non-credit product by the microfinance borrowers is purely on a voluntary basis. Minimum interest, maximum interest, and average interest are 13%, 38%, and 35.71% per annum respectively.
Part pre-payment and Foreclosure charges are NIL.

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.

Type of fee Applicable charges
Rate of interest 9.75% - 30% per annum
Processing fee Up to 3.54% of the loan amount (inclusive of applicable taxes)
Documentation charges Up to Rs. 2,360/- (inclusive of applicable taxes)
Flexi fee

Term Loan - Not applicable

Flexi Term Loan (Flexi Dropline) - Up to Rs. 999/- (inclusive of applicable taxes)

Flexi Hybrid Loan (as applicable below)
• Up to Rs. 5,999/- (inclusive of applicable taxes) for loan amount less than Rs. 10,00,000/-
• Up to Rs. 7,999/- (inclusive of applicable taxes) for loan amount from Rs. 10,00,000/- to Rs. 14,99,999/-
• Up to Rs. 12,999/- (inclusive of applicable taxes) for loan amount from Rs. 15,00,000/- to Rs. 24,99,999/-
• Up to Rs. 15,999/- (inclusive of applicable taxes) for loan amount of Rs. 25,00,000/- and above

*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.

Prepayment charges Full prepayment
Term Loan: Up to 4.72% (inclusive of applicable taxes) on 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 Hybrid Flexi.
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 1.18% (inclusive of applicable taxes) of the total withdrawable amount during initial loan tenure. Up to 0.295% (inclusive of applicable taxes) of total withdrawable amount during subsequent loan tenure.
Bounce charges In case of default of repayment instrument, Rs. 1,500/- per bounce will be levied.
Penal interest Delay in payment of monthly instalment shall attract penal interest at the rate of 42% per annum applicable on the monthly instalment outstanding, from the respective due date until the date of receipt of monthly instalment.
Stamp duty (as per respective state)
Payable as per state laws and deducted upfront from the loan amount
Mandate rejection charges Rs. 450/- per month from the first month of due date for mandate rejected by customer’s bank until the new mandate is registered.
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 amount
For Flexi Hybrid Loan: Added to the first instalment amount

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)


*Switch Fee is applicable only in case of switch of loan. In switch cases, Processing Fees and Documentation Charges will not be applicable.

Fees and charges of secured business loan

Types of fee Applicable charges
Rate of interest 9% - 25% per annum
Processing fee Up to 3.54% of the loan amount (inclusive of applicable taxes)
Documentation charges Up to Rs. 2,360 (inclusive of applicable taxes)
Flexi fee Not applicable
Prepayment charges

Full prepayment (foreclosure)

  • Term Loan: Up to 4.72% (inclusive of applicable taxes) on 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 pre-payment

Part prepayment

  • 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 Hybrid Flexi

Note: If all borrowers and co-borrowers are individuals, loan availed on floating interest rates, and loan taken for purposes other than business use, then there will be no foreclosure/ part-prepayment charges.

Annual maintenance charges

Term Loan: Not applicable

Flexi Term Loan (Flexi Dropline): Not applicable

Flexi Hybrid Loan: Up to 0.295% (inclusive of applicable taxes) of the total withdrawable amount during the initial loan tenure. Not applicable during the subsequent loan tenure

Bounce charges In case of default of repayment instrument, Rs. 1,500 per bounce will be levied
Penal interest Delay in payment of monthly instalment shall attract penal interest at the rate of 42% per annum applicable on the monthly instalment outstanding, from the respective due date until the date of receipt of monthly instalment.
Stamp duty Payable as per state laws
Mandate rejection charges Rs. 450 per month from the first month of due date for mandate rejected by customer's bank until the new mandate is registered
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.
Mortgage origination fees Up to Rs. 6,000 per property (inclusive of applicable taxes)
Property insight (if availed) Rs. 6,999 (inclusive of applicable taxes)
CERSAI charges Up to Rs. 1 (inclusive of applicable taxes)

 

Fees and charges of Commercial Lending

Types of fees Charges applicable
Rate of interest Up to 15.00% per annum
Processing fee Up to 2.36% of the loan amount (inclusive of applicable taxes)
Prepayment charges

Full prepayment

  • As per the agreed sanctioned terms of any facility : Up to 4.72% (inclusive of applicable taxes) on the outstanding loan amount as on the date of full prepayment


Part prepayment

  • Up to 4.72% (inclusive of applicable taxes) of the outstanding amount of Loan prepaid on the date of such part prepayment.
Bounce charges In case of default of repayment instrument, Rs. 3,000/- per bounce will be levied.
Penal interest For CL Cases - Delay in payment of instalment shall attract penal interest at the rate of up to 6% per annum over and above the normal interest rate. For example, if the normal interest rate is 15%, penalty interest rate would be 15% + 6% = 21% per annum on the instalment outstanding, from the respective due date until the date of receipt of such instalment. 

For LAS cases – Penalty interest up to 24% p.a. on the outstanding.
Stamp duty (as per respective state) Payable as per state laws and deducted upfront from the loan amount
Other charges (Invoice audit charges, legal charges and other incidental charges, TSR/ Valuation/ CERSAI charges) On actuals (transaction specific)
Discounting charges/ upfront interest / front ended interest Up to 15% per annum.
Conversion Fee (Floating to Fixed)

For Term Loan - Up to 1.18% (inclusive of applicable taxes) of Principal Outstanding + Undisbursed amount (if any).

For Dropline Flexi Loan - Up to 1.18% (Inclusive of applicable taxes) on Flexi Limit + Undisbursed amount (if any).

Note:
(a) The Company would charge an additional interest rate risk premium of 200 bps over the applicable rate of interest on the borrower's loan account as on that date.
(b) Three conversions are permissible throughout the entire tenure.

Conversion Fee (Fixed to Floating)

For Term Loan - Up to 1.18% (inclusive of applicable taxes) of Principal Outstanding + Undisbursed amount (if any).

For Dropline Flexi Loan - Up to 1.18% (inclusive of applicable taxes) on Flexi Limit + Undisbursed amount (if any).

Note: Three conversions are permissible throughout the entire tenure.

Fees and charges of two-wheeler loan

Type of fee

Applicable charges

Rate of interest

Up to 35% per annum

Processing fee

Up to 12.95% of the loan amount (inclusive of applicable taxes)

Documentation and hypothecation charges

Up to Rs. 2,500/- (inclusive of applicable taxes) collected upfront

Stamp duty (as per respective state)

Payable as per state laws and collected upfront

Prepayment charges

Full prepayment
Up to 4.72% (inclusive of applicable taxes) on the outstanding loan amount as on the date of full pre-payment

Part-prepayment
Up to 4.72% (inclusive of applicable taxes) of the principal amount of loan prepaid on the date of such part-prepayment

*Full/part-prepayment will be processed post clearance of the first EMI

Bounce charge

In case of default of repayment instrument, Rs. 531/- per bounce will be levied

Penal interest

Delay in payment of monthly instalment shall attract penal interest at the rate of 42% per annum applicable on the monthly instalment outstanding, from the respective due date until the date of receipt of monthly instalment.

Mandate rejection charge

Rs. 450/- per month from the first month of due date for mandate rejected by customer’s bank until the new mandate is registered.

Loan enhancement fee

Rs. 117/- (inclusive of applicable taxes) for temporary increase in EMI card limit for the loan transaction. Same will be charged only for increase in limit in excess of Rs. 999/- to be collected along with first instalment

Legal, repossession and incidental charges

Rs. 3,540/- (inclusive of applicable taxes)

Stockyard charges

Rs. 59/- per day up to 60 days (Inclusive of applicable Taxes)

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 adding to the first instalment amount


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

NOC KIT

NA

Fees for delay in RC hypothecation

Rs. 1500/- (inclusive of applicable charges)

*This is a one-time charge levied if there is delay in receiving the RC beyond 120 days post disbursement

Loan Cancellation/ Cooling Off period Cooling off/ Look-up period of three days from the date of disbursement applicable for all digital loans (as per company policy on Cooling off period)



Fees and charges of gold loan

The below table lists the gold loan interest rate and charges applicable when you apply for a Bajaj Finserv Gold Loan

Type of fee

Applicable charges

Interest rate

9.50% to 28% per annum

Processing fees

0.12% of the loan amount (inclusive of applicable taxes).
Subject to a minimum Rs. 99 (inclusive of applicable taxes) and maximum of Rs. 600 (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 disbursement only.

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-prepayment charges

NIL

Foreclosure charges

Minimum 7 days interest

Scenario – Foreclosure charges are “0”, but in case the customer closes the loan within 7 days of booking, minimum 7 days interest is charged.

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)

The interest rates applicable on gold loans are dynamic and frequently change due to external factors.

Fees and charges of loan against securities

The following charges are applicable on loan against securities

Types of fees Charges applicable
Interest rate Up to 20% per annum
Processing fee Up to 4.72% of the loan amount (inclusive of applicable taxes).
Prepayment charges

Full prepayment - Up to 4.72% (inclusive of applicable taxes) on the outstanding loan amount 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

Annual maintenance charges/ renewal fee Up to 1.18% (inclusive of applicable taxes) on the sanctioned amount
Bounce charges
In case of default of repayment instrument, Rs. 1,200/- per bounce will be levied.
Penal interest
Delay in payment of monthly instalment shall attract penal interest up to 36% per annum applicable on the monthly instalment outstanding, from the respective due date until the date of receipt of monthly instalment.
Stamp duty (as per respective state)
Payable as per state laws
Brokerage charges*
As applicable at actuals
DP charges**
As applicable at actuals
Pledge confirmation charges** As applicable at actuals
Pledge invocation charges** As applicable at actuals
Demat share transfer charges (post invocation)** As applicable at actuals
Legal charges As applicable at actuals

*Charges levied by Broker to BFL and the same is being passed on to the clients

**Charges levied by NSDL/ CDSL to BFL and the same is being passed on to the clients

Fees and charges of loan against insurance policies

The following are the interest rates, fees and charges applicable on loan against insurance policies

Type of fee
Applicable charges
Rate of interest Up to 20% p.a.
Processing fees Up to 3% (inclusive of applicable taxes) of the loan amount or Up to Rs. 10,000 (inclusive of applicable taxes).
Flexi fee Not applicable
Prepayment charges Full prepayment - Up to 4.72% (inclusive of applicable taxes) on the outstanding loan amount 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.
Annual maintenance charges Up to Rs. 2,949/- (inclusive of applicable taxes) if the loan tenure is above 12 months
Renewal fees Up to Rs. 2,950/- (inclusive of applicable taxes) to be collected on renewal
Bounce charges In case of default of repayment instrument, Rs. 1200/- per bounce will be levied.
Penal interest Delay in payment of monthly instalment shall attract penal interest up to 42% per annum applicable on the monthly instalment outstanding, from the respective due date until the date of receipt.
Stamp duty (as per respective state) Payable as per state laws.
Mandate rejection charges Rs. 450/- per month from the first month of due date for mandate rejected by customer’s bank until the new mandate is registered.
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 adding to the first instalment amount.

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.
Legal charges At actuals

Fees and charges of used car finance

The following charges are applicable on used car finance:

Type of fee

Applicable charges

Rate of interest

10.50% to 22% p.a.

Processing fee

Up to 2.95% of the loan amount (inclusive of applicable taxes).

Documentation charges

Up to Rs. 2,360 (inclusive of applicable taxes).

Flexi fee

Term Loan – Not applicable

Flexi Term Loan (Flexi Dropline) - Up to Rs. 999/- (inclusive of applicable taxes)

Flexi Hybrid Loan (as applicable below)

  • Up to Rs. 1,999/- (inclusive of applicable taxes) for loan amount less than Rs. 2,00,000/-

  • Up to Rs. 3,999/- (inclusive of applicable taxes) for loan amount from Rs. 2,00,000/- to Rs. 3,99,999/-

  • Up to Rs. 5,999/- (inclusive of applicable taxes) for the loan amount from Rs. 4,00,000/- to Rs. 5,99,999/-

  • Up to Rs. 6,999/- (inclusive of applicable taxes) for the loan amount from Rs. 6,00,000/- to Rs. 9,99,999/-

  • Up to Rs. 7,999/- (inclusive of applicable taxes) for the loan amount of Rs. 10,00,000/- and above

The charges above will be deducted upfront from the loan amount

*Loan amount includes approved loan amount, insurance premium, VAS charges, and documentation charges.

Prepayment charges

Full prepayment (foreclosure)

  • Term Loan: Up to 4.72% (inclusive of applicable taxes) on 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, during initial and subsequent tenure, on the date of such full prepayment.


Part-prepayment

  • Term Loan: 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 variants
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 0.59% (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.

Bounce charges

In case of default of repayment instrument, Rs. 1,500 per bounce will be levied.

Penal Interest

Delay in payment of monthly instalment shall attract penal interest at the rate of 42% per annum applicable on the monthly instalment outstanding, from the respective due date until the date of receipt of monthly instalment.

Stamp duty (as per respective state)

Payable as per state laws and deducted upfront from the loan amount.

Legal and incidental charges

Actual legal and incidental charges under applicable laws

Repossession charges

Repossession charges at actuals with a maximum capping of Rs. 50,000 (inclusive of applicable taxes)

Auction charges

At actuals

Valuation charges

At actuals

Stockyard charges

Rs. 118 per day for 60 days (inclusive of applicable taxes)

Mandate rejection charge

Rs. 450/- per month from the first month of due date for mandate rejected by customer’s bank until the new mandate is registered.

Loan re-booking charges

Rs. 1,000 (inclusive of applicable taxes).

Loan cancellation charges

Rs. 2,360 (inclusive of applicable taxes) (Interest till cancellation to be borne by the customer).

NOC for interstate transfer

Rs. 1,180 (inclusive of applicable taxes).

NOC to convert from private to commercial

Rs. 3,540 (inclusive of applicable taxes).

Duplicate NOC

Rs. 500 (inclusive of applicable taxes).

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: Added to the first instalment amount
  • For Flexi Term Loan: Added to the first instalment amount
  • For Flexi Hybrid Loan: Added to the first instalment amount


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.

Fees and charges of new car finance

Type of fee Applicable charges
Rate of interest 7.50% to 14% p.a.
Processing fees Up to 2.95% of the loan amount (inclusive of applicable taxes).
Documentation charges Up to Rs. 2,360 (inclusive of applicable taxes).
Flexi fee

Term Loan – Not applicable

Flexi Loan variant (as applicable below) - will be deducted upfront from the loan amount

  • Up to Rs. 999 (inclusive of applicable taxes) for a loan amount up to Rs. 9,99,999
  • Up to Rs. 1,499 (inclusive of applicable taxes) for a loan amount of Rs. 10,00,000 and above


*Loan amount includes approved loan amount, insurance premium, VAS charges, and documentation charges.

Prepayment charges

Full prepayment (foreclosure)

  • Term Loan – Up to 4.72% (inclusive of applicable taxes) on the outstanding loan amount payable by the borrower as on the date of such full prepayment

  • Flexi Hybrid Loan/Flexi Term Loan – Up to 4.72% (inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule, during initial and subsequent tenure on the date of such full prepayment.


Part-prepayment

  • Term Loan – 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 Loan variants.
Annual maintenance charges

Term Loan - Not applicable

Flexi Term Loan

  • 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 0.59% (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.
Bounce charges In case of default of repayment instrument, Rs. 1,500 per bounce will be levied.
Penal interest Delay in payment of monthly instalment shall attract penal interest at the rate of 42% per annum applicable on the monthly instalment outstanding, from the respective due date until the date of receipt of monthly instalment.
Stamp duty (as per respective state) Payable as per state laws and deducted upfront from the loan amount.
Legal, and incidental charges Actual legal and incidental charges under applicable laws.
Repossession charges At actuals with a maximum capping of Rs. 50,000 (inclusive of applicable taxes)
Auction charges At actuals
Valuation charges At actuals
Stockyard charges Rs. 118 per day for 60 days (inclusive of applicable taxes)
Mandate rejection charges Rs. 450 per month from the first month of the due date for the mandate rejected by the customer’s bank until the new mandate is registered.
NOC for interstate transfer Rs. 1,180 (inclusive of applicable taxes).
NOC to convert from private to commercial Rs. 3,540 (inclusive of applicable taxes).
Duplicate NOC Rs. 500 (inclusive of applicable taxes).
Other NOC Rs. 1,180 (inclusive of applicable taxes).
Loan
cancellation charges

“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 method:

For Term Loan, Flexi Term Loan, and Flexi Hybrid Loan: Added to the first instalment amount

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.

Loan cancellation charges

Up to Rs. 2,360/- (inclusive of applicable taxes).

Note - In the event of loan cancellation, the customer shall also bear the interest accrued on the loan till the date of cancellation and stamp duty charges levied on the loan at the time of loan origination.

 

Fees and charges of chartered accountant loan

Also Get a Bajaj Finserv CA Loan of up to Rs. 80 lakh with minimal documentation and flexible tenure to meet your financial requirements.

Types of fees Charges applicable
Rate of interest 11% to 22% per annum
Processing fee Up to 2.95% of the loan amount (inclusive of applicable taxes)
Documentation charges Up to Rs. 2,360 (inclusive of applicable taxes)
Flexi fee

Term Loan: Not applicable

Flexi Term Loan (Flexi Dropline): Up to Rs. 999/- (inclusive of applicable taxes)

Flexi Hybrid Loan (as applicable below):

• Up to Rs. 1,999/- (inclusive of applicable taxes) for loan amount less than Rs. 2,00,000/-
• Up to Rs. 3,999/- (inclusive of applicable taxes) for loan amount from Rs. 2,00,000/- to Rs. 3,99,999/-
• Up to Rs. 5,999/- (inclusive of applicable taxes) for the loan amount from Rs. 4,00,000/- to Rs. 5,99,999/-
• Up to Rs. 6,999/- (inclusive of applicable taxes) for the loan amount from Rs. 6,00,000/- to Rs. 9,99,999/-
• Up to Rs. 7,999/- (inclusive of applicable taxes) for the loan amount of Rs. 10,00,000/- and above

*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.

Prepayment 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 total withdrawable amount as per the repayment schedule as on the date of such 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 such 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
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 0.59% (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.
Bounce charges In case of default of repayment instrument, Rs. 1,500 per bounce will be levied.
Penal interest Delay in payment of monthly instalment shall attract penal interest at the rate of 3.50% per month on the monthly instalment outstanding, from the respective due date until the date of receipt of monthly instalment.
Stamp duty Payable as per state laws and deducted upfront from the loan amount.
Mandate rejection service charges Rs. 450 per month from the first month of due date for mandate rejected by customer’s bank until the new mandate is registered.
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 fees 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)

Fees and charges of home loan

Type of fee Applicable charges
Rate of interest (fresh loan) Salaried Self-employed Doctors
8.50%* to 14.00%* p.a.
9.10%* to 15.00%* p.a. 8.60%* to 14.00%* p.a.
Rate of interest (balance transfer) Salaried Self-employed Doctors
8.50%* to 15.00%* p.a.
9.50%* to 15.00%* p.a. 8.80%* to 15.00%* p.a
Processing fee Up to 7% of the loan amount
Bounce charge In case of default of repayment instrument, the following charges per bounce will be applicable:
•For loan amounts up to Rs. 15 lakhs: Rs. 500
•For loan amounts from Rs. 15,00,001 to Rs. 30,00,000: Rs. 1,000
•For loan amounts from Rs. 30,00,001 to Rs. 50,00,000: Rs. 1,500
•For loan amounts from Rs. 50,00,001 to Rs. 1,00,00,000: Rs. 2,000
•For loan amounts from Rs. 1,00,00,001 to Rs. 5,00,00,000: Rs. 3,000
•For loan amounts from Rs. 5,00,00,001 to Rs. 10,00,00,000: Rs. 5,000
•For loan amounts more than Rs. 10 crores: Rs. 10,000
Penal interest Up to 24% per annum in addition to the applicable interest rate on the overdue amount
Secure fee Up to Rs. 10,000 + GST as applicable
Interest and principal statement charges NIL
Part-prepayment charges NIL
Forclosure charges NIL
Hard copy loan statement charges Up to Rs. 500 per request + GST as applicable

Fees and charges of loan for doctors

Get a Bajaj Finserv Doctor Loan of up to Rs. 80 lakh and repay it easily over flexible tenures of up to 8 years.

Types of fees Charges applicable
Rate of interest 11% to 22% per annum
Processing fee Up to 2.95% of the loan amount (inclusive of applicable taxes)
Documentation charges Up to Rs. 2,360/- (inclusive of applicable taxes)
Flexi fee

Term Loan: Not applicable

Flexi Term Loan (Flexi Dropline): Up to Rs. 999/- (inclusive of applicable taxes)

Flexi Hybrid Loan (as applicable below):
• Up to Rs. 1,999/- (inclusive of applicable taxes) for loan amount less than Rs. 2,00,000/-
• Up to Rs. 3,999/- (inclusive of applicable taxes) for loan amount from Rs. 2,00,000/- to Rs. 3,99,999/-
• Up to Rs. 5,999/- (inclusive of applicable taxes) for the loan amount from Rs. 4,00,000/- to Rs. 5,99,999/-
• Up to Rs. 6,999/- (inclusive of applicable taxes) for the loan amount from Rs. 6,00,000/- to Rs. 9,99,999/-
• Up to Rs. 7,999/- (inclusive of applicable taxes) for the loan amount of Rs. 10,00,000/- and above

*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.

Prepayment 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 total withdrawable amount as per the repayment schedule as on the date of such 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 such 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
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 0.59% (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.
Bounce charges In case of default of repayment instrument, Rs. 1,500/- per bounce will be levied.
Penal interest Delay in payment of monthly instalment shall attract penal interest at the rate of 42% per annum applicable on the monthly instalment outstanding, from the respective due date until the date of receipt of monthly instalment.
Stamp duty (as per respective state)
Payable as per state laws and deducted upfront from the loan amount.
Mandate rejection service charges Rs. 450 per month from the first month of due date for mandate rejected by customer’s bank until the new mandate is registered.
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 fees 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)

Fees and charges of Bajaj Finserv RBL bank Platinum Choice SuperCard

The following are the charges applicable on the Platinum Choice SuperCard:

Type of fee

Charges applicable

Joining fee

Rs. 499 + GST

Annual fee

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

Add-on card fees

NIL

Cash payment at branches

Rs. 100 cash deposit transaction done at RBL branch and Bajaj Finserv branch effective from 1st July 2022

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 transactions made at petrol pumps to purchase fuel^

1.00% + GST surcharge on fuel transaction value of Rs. 10 + GST, whichever is higher
and it may vary from 1% to 2.5%

Reward redemption fees

A reward redemption fee of Rs. 99 + GST will be levied on all redemptions made on Bajaj Finserv RBL Bank co-brand credit card.

T&C apply

Cash advance transaction fee

2.5% of the cash withdrawn amount or Rs. 500 + GST (whichever is higher, is applicable)

Over-limit penalty^^

Rs. 600+ GST

(w.e.f Oct 9, 2023) Higher of 2.5% of overlimit amount or Rs. 500 + GST

Finance charges (retail purchases and cash)

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

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

NIL

 

Duplicate statement fee

NIL

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

Rs. 500 + GST

Dynamic Currency Conversion Fee Markup +
3.5% of the transaction amount + GST

Merchant EMI transaction***

Rs. 199 + GST per merchant EMI transaction

Rental transactions
1% fee on the transaction amount will be levied on all rental transactions done on any applicable merchant

Late payment charges

Late payment fee 
12.5% of the outstanding amount 
Minimum Rs. 5  Maximum Rs. 1,300

All the above charges are subject to change under various organisational policies. However, the cardholder will be duly informed about the changes.

*Refer to the IRCTC website for details.

^The surcharge is applicable on a minimum fuel transaction of Rs. 500 and a maximum of Rs. 4,000. Maximum waiver is Rs. 100

***The charges are applicable per merchant EMI transaction, i.e. EMI conversion done at the time of transaction through credit card at merchant outlet/ website/ app.

EMI transactions will not accrue base reward points

^^Here “Overlimit Amount” is the difference between the Overlimit outstanding amount and the assigned credit limit (Only If OVL consent is provided in MyCard). There will be no upper limit capping.

+ Dynamic currency conversion fee will be applicable for each international transaction performed in Indian currency at an international location or transactions performed in Indian currency with merchants located in India but registered overseas.)

Terms and Conditions apply

Fees and charges of Bajaj Finserv RBL bank Platinum Choice SuperCard – First-Year-Free

The following are the charges applicable on the Platinum Choice SuperCard – First-Year-Free:

Type of fee

Charges applicable

Joining fee

NIL

Annual fee

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

Add-on card fees

NIL

Cash payment at branches

Rs. 100 cash deposit transaction done at RBL branch and Bajaj Finserv branch effective from 1st July 2022

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 transactions made at petrol pumps to purchase fuel^

1.00% + GST surcharge on fuel transaction value of Rs. 10 + GST, whichever is higher
 
Fuel surcharge will depend on the merchant and it may vary from 1% to 2.5%

Reward redemption fees

A reward redemption fee of Rs. 99 + GST will be levied on all redemptions made on Bajaj Finserv RBL Bank co-brand credit card w.e.f. 1st June 2019.

T&C apply

Cash advance transaction fee

2.5% of the cash withdrawn amount or Rs. 500 + GST (whichever is higher, is applicable)

Over-limit penalty^^

Rs. 600+ GST

(w.e.f Oct 9, 2023) Higher of 2.5% of overlimit amount or Rs. 500 + GST

Finance charges (retail purchases and cash)

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

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

NIL

Duplicate statement fee

NIL

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

Rs. 500 + GST

Dynamic Currency Conversion Fee Markup+ 3.5% of the transaction amount + GST

Merchant EMI transaction***

Rs. 199 + GST per merchant EMI transaction

Rental transactions 1% fee on transaction amount will be levied on all rental transactions done on any applicable merchant (w.e.f February 1, 2023)

 

Late payment charges

Late payment fee 
12.5% of the outstanding amount 
Minimum Rs. 5  Maximum Rs. 1,300

All the above charges are subject to change under various organisational policies. However, the cardholder will be duly informed about the changes.

*Refer to the IRCTC website for details.

^The surcharge is applicable on a minimum fuel transaction of Rs. 500 and a maximum of Rs. 4,000. Maximum waiver is Rs. 100

***The charges are applicable per merchant EMI transaction, i.e. EMI conversion done at the time of transaction through credit card at merchant outlet/ website/ app.

EMI transactions will not accrue base reward points

^^Here “Overlimit Amount” is the difference between the Overlimit outstanding amount and the assigned credit limit (Only If OVL consent is provided in MyCard). There will be no upper limit capping.

+ Dynamic currency conversion fee will be applicable for each international transaction performed in Indian currency at an international location or transactions performed in Indian currency with merchants located in India but registered overseas.)

Terms and Conditions apply

Fees and charges of Bajaj Finserv RBL bank Platinum Plus SuperCard

The following are the charges applicable on the 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. 1,00,000 Effective from 1st April 2023)
Add-on card fees NIL
Cash payment at branches  Rs. 100 cash deposit transaction done at RBL branch and Bajaj Finserv branch effective from 1st July 2022 
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 transactions made at petrol pumps to purchase fuel^  1.00% + GST surcharge on fuel transaction value of Rs. 10 + GST, whichever is higher 
 
Fuel surcharge will depend on the merchant and it may vary from 1% to 2.5% 
Reward redemption fees  A reward redemption fee of Rs. 99 + GST will be levied on all redemptions made on Bajaj Finserv RBL Bank co-brand credit card.
 
T&C apply 
Cash advance transaction fee  2.5% of the cash withdrawn amount or Rs. 500 + GST (whichever is higher, is applicable) 
Over-limit penalty ^^  Rs. 600+ GST 
 
(w.e.f Oct 9, 2023) Higher of 2.5% of overlimit amount or Rs. 500 + GST 
 
 
Finance charges (retail purchases and cash)  APR up to 3.99% + GST p.m. (up to 47.88% + GST p.a.) 
Card replacement (Lost/stolen/reissue/any other replacement)  NIL 
Duplicate statement fee  NIL 
Cheque return/dishonour fee auto debit reversal-bank account out of funds  Rs. 500 + GST 
Dynamic Currency Conversion Fee Markup +  3.5% of the transaction amount + GST 
Merchant EMI transaction***  Rs. 199 + GST per merchant EMI transaction 
Rental transactions  1% fee on the transaction amount will be levied on all rental transactions done on any applicable merchant 

Late payment charges

Late payment fee 
12.5% of the outstanding amount 
Minimum Rs. 5 Maximum Rs. 1,300

All the above charges are subject to change under various organisational policies. However, the cardholder will be duly informed about the changes. 

*Refer to the IRCTC website for details.

^The surcharge is applicable on a minimum fuel transaction of Rs. 500 and a maximum of Rs. 4,000. Maximum waiver is Rs. 100

***The charges are applicable per merchant EMI transaction, i.e. EMI conversion done at the time of transaction through credit card at merchant outlet/ website/ app.

EMI transactions will not accrue base reward points

^^Here “Overlimit Amount” is the difference between the Overlimit outstanding amount and the assigned credit limit (Only If OVL consent is provided in MyCard). There will be no upper limit capping.

+ Dynamic currency conversion fee will be applicable for each international transaction performed in Indian currency at an international location or transactions performed in Indian currency with merchants located in India but registered overseas.)

Terms and Conditions apply

Fees and charges of Bajaj Finserv RBL bank Platinum Plus SuperCard – First-Year-Free

The following are the charges applicable on the Platinum Plus SuperCard – First-Year-Free:

Types of fees Charges applicable
Joining fee NIL
Annual fee Rs. 999 + GST (fee waiver on annual spends of Rs. 1,00,000 Effective from 1st April 2023)
Add-on card fees NIL
Cash payment at branches  Rs. 100 cash deposit transaction done at RBL branch and Bajaj Finserv branch effective from 1st July 2022 
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 transactions made at petrol pumps to purchase fuel^  1.00% + GST surcharge on fuel transaction value of Rs. 10 + GST, whichever is higher 
 
Fuel surcharge will depend on the merchant and it may vary from 1% to 2.5% 
Reward redemption fees  A reward redemption fee of Rs. 99 + GST will be levied on all redemptions made on Bajaj Finserv RBL Bank co-brand credit card.
 
T&C apply 
Cash advance transaction fee  2.5% of the cash withdrawn amount or Rs. 500 + GST (whichever is higher, is applicable) 
Over-limit penalty ^^  Rs. 600+ GST 
 
(w.e.f Oct 9, 2023) Higher of 2.5% of overlimit amount or Rs. 500 + GST 
 
 
Finance charges (retail purchases and cash)  APR up to 3.99% + GST p.m. (up to 47.88% + GST p.a.) 
Card replacement (Lost/stolen/reissue/any other replacement)  NIL 
Duplicate statement fee  NIL 
Cheque return/dishonour fee auto debit reversal-bank account out of funds  Rs. 500 + GST 
Dynamic Currency Conversion Fee Markup +  3.5% of the transaction amount + GST 
Merchant EMI transaction***  Rs. 199 + GST per merchant EMI transaction 
Rental transactions  1% fee on the transaction amount will be levied on all rental transactions done on any applicable merchant 

Late payment charges

Late payment fee
12.5% of the outstanding amount
Minimum Rs. 5 Maximum Rs. 1,300

All the above charges are subject to change under various organisational policies. However, the cardholder will be duly informed about the changes.

*Refer to the IRCTC website for details.

^The surcharge is applicable on a minimum fuel transaction of Rs. 500 and a maximum of Rs. 4,000. Maximum waiver is Rs. 100

***The charges are applicable per merchant EMI transaction, i.e. EMI conversion done at the time of transaction through credit card at merchant outlet/ website/ app.

EMI transactions will not accrue base reward points

^^Here “Overlimit Amount” is the difference between the Overlimit outstanding amount and the assigned credit limit (Only If OVL consent is provided in MyCard). There will be no upper limit capping.

+ Dynamic currency conversion fee will be applicable for each international transaction performed in Indian currency at an international location or transactions performed in Indian currency with merchants located in India but registered overseas.)

Terms and Conditions apply

Fees and charges of Bajaj Finserv RBL bank World Prime SuperCard

The following are the charges applicable on the World Prime SuperCard:

Types of fees Charges applicable
Joining fee Rs. 2,999 + GST
Annual fee Rs. 2,999 + GST
Add-on card fees NIL
Cash payment at branches  Rs. 100 cash deposit transaction done at RBL branch and Bajaj Finserv branch effective from 1st July 2022 
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 transactions made at petrol pumps to purchase fuel^  1.00% + GST surcharge on fuel transaction value of Rs. 10 + GST, whichever is higher 
 
Fuel surcharge will depend on the merchant and it may vary from 1% to 2.5% 
Reward redemption fees  A reward redemption fee of Rs. 99 + GST will be levied on all redemptions made on Bajaj Finserv RBL Bank co-brand credit card.  
 
T&C apply 
Cash advance transaction fee  2.5% of the cash withdrawn amount or Rs. 500 + GST (whichever is higher, is applicable) 
Over-limit penalty ^^  Rs. 600+ GST 
 
(w.e.f Oct 9, 2023) Higher of 2.5% of overlimit amount or Rs. 500 + GST 
 
 
Finance charges (retail purchases and cash)  APR up to 3.99% + GST p.m. (up to 47.88% + GST p.a.) 
Card replacement (Lost/stolen/reissue/any other replacement)  NIL 
Duplicate statement fee  NIL 
Cheque return/dishonour fee auto debit reversal-bank account out of funds  Rs. 500 + GST 
Dynamic Currency Conversion Fee Markup +  3.5% of the transaction amount + GST  
Merchant EMI transaction***  Rs. 199 + GST per merchant EMI transaction 
Rental transactions  1% fee on the transaction amount will be levied on all rental transactions done on any applicable merchant 

Late payment charges

Late payment fee 
12.5% of the outstanding amount 
Minimum Rs. 5 Maximum Rs. 1,300

All the above charges are subject to change under various organisational policies. However, the cardholder will be duly informed about the changes.

*Refer to the IRCTC website for details.

^The surcharge is applicable on a minimum fuel transaction of Rs. 500 and a maximum of Rs. 4,000. Maximum waiver is Rs. 100

***The charges are applicable per merchant EMI transaction, i.e. EMI conversion done at the time of transaction through credit card at merchant outlet/ website/ app.

EMI transactions will not accrue base reward points

^^Here “Overlimit Amount” is the difference between the Overlimit outstanding amount and the assigned credit limit (Only If OVL consent is provided in MyCard). There will be no upper limit capping.

+ Dynamic currency conversion fee will be applicable for each international transaction performed in Indian currency at an international location or transactions performed in Indian currency with merchants located in India but registered overseas.)

Terms and Conditions apply

Fees and charges of Bajaj Finserv RBL bank World Plus SuperCard

The following are the charges applicable on the 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
Cash payment at branches  Rs. 100 cash deposit transaction done at RBL branch and Bajaj Finserv branch effective from 1st July 2022 
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 transactions made at petrol pumps to purchase fuel^  1.00% + GST surcharge on fuel transaction value of Rs. 10 + GST, whichever is higher 
 
Fuel surcharge will depend on the merchant and it may vary from 1% to 2.5% 
Reward redemption fees  A reward redemption fee of Rs. 99 + GST will be levied on all redemptions made on Bajaj Finserv RBL Bank co-brand credit card.  
 
T&C apply 
Cash advance transaction fee  2.5% of the cash withdrawn amount or Rs. 500 + GST (whichever is higher, is applicable) 
Over-limit penalty ^^  Rs. 600+ GST 
 
(w.e.f Oct 9, 2023) Higher of 2.5% of overlimit amount or Rs. 500 + GST 
 
 
Finance charges (retail purchases and cash)  APR up to 3.99% + GST p.m. (up to 47.88% + GST p.a.) 
Card replacement (Lost/stolen/reissue/any other replacement)  NIL 
Duplicate statement fee  NIL 
Cheque return/dishonour fee auto debit reversal-bank account out of funds  Rs. 500 + GST 
Dynamic Currency Conversion Fee Markup +  3.5% of the transaction amount + GST  
Merchant EMI transaction***  Rs. 199 + GST per merchant EMI transaction 
Rental transactions  1% fee on the transaction amount will be levied on all rental transactions done on any applicable merchant 

Late payment charges

Late payment fee 
12.5% of the outstanding amount 
Minimum Rs. 5 Maximum Rs. 1,300

All the above charges are subject to change under various organisational policies. However, the cardholder will be duly informed about the changes.

*Refer to the IRCTC website for details.

^The surcharge is applicable on a minimum fuel transaction of Rs. 500 and a maximum of Rs. 4,000. Maximum waiver is Rs. 100

***The charges are applicable per merchant EMI transaction, i.e. EMI conversion done at the time of transaction through credit card at merchant outlet/ website/ app.

EMI transactions will not accrue base reward points

^^Here “Overlimit Amount” is the difference between the Overlimit outstanding amount and the assigned credit limit (Only If OVL consent is provided in MyCard). There will be no upper limit capping.

+ Dynamic currency conversion fee will be applicable for each international transaction performed in Indian currency at an international location or transactions performed in Indian currency with merchants located in India but registered overseas.)

Terms and Conditions apply

Fees and Charges of Bajaj Finserv RBL Bank Binge First Year Free Supercard

Types of fees Charges applicable
Joining fee NIL
Annual fee Rs. 999 + GST (fee waiver on annual spends of Rs. 1,00,000)
Add-on card fees NIL
Cash payment at branches  Rs. 100 cash deposit transaction done at RBL branch and Bajaj Finserv branch effective from 1st July 2022 
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 transactions made at petrol pumps to purchase fuel^  1.00% + GST surcharge on fuel transaction value of Rs. 10 + GST, whichever is higher 
 
Fuel surcharge will depend on the merchant and it may vary from 1% to 2.5% 
Reward redemption fees  A reward redemption fee of Rs. 99 + GST will be levied on all redemptions made on Bajaj Finserv RBL Bank co-brand credit card.  
 
T&C apply 
Cash advance transaction fee  2.5% of the cash withdrawn amount or Rs. 500 + GST (whichever is higher, is applicable) 
Over-limit penalty ^^  Rs. 600+ GST 
 
(w.e.f Oct 9, 2023) Higher of 2.5% of overlimit amount or Rs. 500 + GST 
 
 
Finance charges (retail purchases and cash)  APR up to 3.99% + GST p.m. (up to 47.88% + GST p.a.) 
Card replacement (Lost/stolen/reissue/any other replacement)  NIL 
Duplicate statement fee  NIL 
Cheque return/dishonour fee auto debit reversal-bank account out of funds  Rs. 500 + GST 
Dynamic Currency Conversion Fee Markup +  3.5% of the transaction amount + GST  
Merchant EMI transaction***  Rs. 199 + GST per merchant EMI transaction 
Rental transactions  1% fee on the transaction amount will be levied on all rental transactions done on any applicable merchant 

Late payment charges

Late payment fee 
12.5% of the outstanding amount 
Minimum Rs. 5 Maximum Rs. 1,300

All the above charges are subject to change under various organisational policies. However, the cardholder will be duly informed about the changes.

*Refer to the IRCTC website for details.

^The surcharge is applicable on a minimum fuel transaction of Rs. 500 and a maximum of Rs. 4,000. Maximum waiver is Rs. 100

***The charges are applicable per merchant EMI transaction, i.e. EMI conversion done at the time of transaction through credit card at merchant outlet/ website/ app.

EMI transactions will not accrue base reward points

^^Here “Overlimit Amount” is the difference between the Overlimit outstanding amount and the assigned credit limit (Only If OVL consent is provided in MyCard). There will be no upper limit capping.

+ Dynamic currency conversion fee will be applicable for each international transaction performed in Indian currency at an international location or transactions performed in Indian currency with merchants located in India but registered overseas.)

Terms and Conditions apply

Fees and Charges of Bajaj Finserv RBL Bank Binge SuperCard

Types of fees Charges applicable
Joining fee Rs. 999 + GST
Annual fee Rs. 999 + GST (fee waiver on annual spends of Rs. 1,00,000)
Add-on card fees NIL
Cash payment at branches  Rs. 100 cash deposit transaction done at RBL branch and Bajaj Finserv branch effective from 1st July 2022 
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 transactions made at petrol pumps to purchase fuel^  1.00% + GST surcharge on fuel transaction value of Rs. 10 + GST, whichever is higher 
 
Fuel surcharge will depend on the merchant and it may vary from 1% to 2.5% 
Reward redemption fees  A reward redemption fee of Rs. 99 + GST will be levied on all redemptions made on Bajaj Finserv RBL Bank co-brand credit card.  
 
T&C apply 
Cash advance transaction fee  2.5% of the cash withdrawn amount or Rs. 500 + GST (whichever is higher, is applicable) 
Over-limit penalty ^^  Rs. 600+ GST 
 
(w.e.f Oct 9, 2023) Higher of 2.5% of overlimit amount or Rs. 500 + GST 
 
 
Finance charges (retail purchases and cash)  APR up to 3.99% + GST p.m. (up to 47.88% + GST p.a.) 
Card replacement (Lost/stolen/reissue/any other replacement)  NIL 
Duplicate statement fee  NIL 
Cheque return/dishonour fee auto debit reversal-bank account out of funds  Rs. 500 + GST 
Dynamic Currency Conversion Fee Markup +  3.5% of the transaction amount + GST  
Merchant EMI transaction***  Rs. 199 + GST per merchant EMI transaction 
Rental transactions  1% fee on the transaction amount will be levied on all rental transactions done on any applicable merchant 

Late payment charges

Late payment fee
12.5% of the outstanding amount
Minimum Rs. 5 Maximum Rs. 1,300

All the above charges are subject to change under various organisational policies. However, the cardholder will be duly informed about the changes. 

*Refer to the IRCTC website for details.

^The surcharge is applicable on a minimum fuel transaction of Rs. 500 and a maximum of Rs. 4,000. Maximum waiver is Rs. 100

***The charges are applicable per merchant EMI transaction, i.e. EMI conversion done at the time of transaction through credit card at merchant outlet/ website/ app.

EMI transactions will not accrue base reward points

^^Here “Overlimit Amount” is the difference between the Overlimit outstanding amount and the assigned credit limit (Only If OVL consent is provided in MyCard). There will be no upper limit capping.

+ Dynamic currency conversion fee will be applicable for each international transaction performed in Indian currency at an international location or transactions performed in Indian currency with merchants located in India but registered overseas.)

Terms and Conditions apply

Fees and Charges of Bajaj Finserv RBL Bank Platinum ShopDaily Supercard

To know about the fees and charges applicable on this credit card, refer the table below

Types of fees Charges applicable
Joining fee Rs. 499 + GST
Annual fee Rs. 499 + GST
Add-on card fees NIL
Cash payment at branches  Rs. 100 cash deposit transaction done at RBL branch and Bajaj Finserv branch effective from 1st July 2022 
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 transactions made at petrol pumps to purchase fuel^  1.00% + GST surcharge on fuel transaction value of Rs. 10 + GST, whichever is higher 
 
Fuel surcharge will depend on the merchant and it may vary from 1% to 2.5% 
Reward redemption fees  A reward redemption fee of Rs. 99 + GST will be levied on all redemptions made on Bajaj Finserv RBL Bank co-brand credit card.  
 
T&C apply 
Cash advance transaction fee  2.5% of the cash withdrawn amount or Rs. 500 + GST (whichever is higher, is applicable) 
Over-limit penalty ^^  Rs. 600+ GST 
 
(w.e.f Oct 9, 2023) Higher of 2.5% of overlimit amount or Rs. 500 + GST 
 
 
Finance charges (retail purchases and cash)  APR up to 3.99% + GST p.m. (up to 47.88% + GST p.a.) 
Card replacement (Lost/stolen/reissue/any other replacement)  NIL 
Duplicate statement fee  NIL 
Cheque return/dishonour fee auto debit reversal-bank account out of funds  Rs. 500 + GST 
Dynamic Currency Conversion Fee Markup +  3.5% of the transaction amount + GST  
Merchant EMI transaction***  Rs. 199 + GST per merchant EMI transaction 
Rental transactions  1% fee on the transaction amount will be levied on all rental transactions done on any applicable merchant 

Late payment charges

Late payment fee
12.5% of the outstanding amount
Minimum Rs. 5 Maximum Rs. 1,300

All the above charges are subject to change under various organisational policies. However, the cardholder will be duly informed about the changes.

*Refer to the IRCTC website for details.

^The surcharge is applicable on a minimum fuel transaction of Rs. 500 and a maximum of Rs. 4,000. Maximum waiver is Rs. 100

***The charges are applicable per merchant EMI transaction, i.e. EMI conversion done at the time of transaction through credit card at merchant outlet/ website/ app.

EMI transactions will not accrue base reward points

^^Here “Overlimit Amount” is the difference between the Overlimit outstanding amount and the assigned credit limit (Only If OVL consent is provided in MyCard). There will be no upper limit capping.

+ Dynamic currency conversion fee will be applicable for each international transaction performed in Indian currency at an international location or transactions performed in Indian currency with merchants located in India but registered overseas.)

Terms and Conditions apply

Fees and Charges of Bajaj Finserv RBL Bank Platinum Edge SuperCard

To know about the fees and charges applicable on this credit card, refer the table below

Types of fees Charges applicable
Joining fee Rs. 1,999 + GST
Annual fee Rs. 1,999 + GST
Add-on card fees NIL
Cash payment at branches  Rs. 100 cash deposit transaction done at RBL branch and Bajaj Finserv branch effective from 1st July 2022 
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 transactions made at petrol pumps to purchase fuel^  1.00% + GST surcharge on fuel transaction value of Rs. 10 + GST, whichever is higher 
 
Fuel surcharge will depend on the merchant and it may vary from 1% to 2.5% 
Reward redemption fees  A reward redemption fee of Rs. 99 + GST will be levied on all redemptions made on Bajaj Finserv RBL Bank co-brand credit card.  
 
T&C apply 
Cash advance transaction fee  2.5% of the cash withdrawn amount or Rs. 500 + GST (whichever is higher, is applicable) 
Over-limit penalty ^^  Rs. 600+ GST 
 
(w.e.f Oct 9, 2023) Higher of 2.5% of overlimit amount or Rs. 500 + GST 
 
 
Finance charges (retail purchases and cash)  APR up to 3.99% + GST p.m. (up to 47.88% + GST p.a.) 
Card replacement (Lost/stolen/reissue/any other replacement)  NIL 
Duplicate statement fee  NIL 
Cheque return/dishonour fee auto debit reversal-bank account out of funds  Rs. 500 + GST 
Dynamic Currency Conversion Fee Markup +  3.5% of the transaction amount + GST  
Merchant EMI transaction***  Rs. 199 + GST per merchant EMI transaction 
Rental transactions  1% fee on the transaction amount will be levied on all rental transactions done on any applicable merchant 

Late payment charges

Late payment fee
12.5% of the outstanding amount
Minimum Rs. 5 Maximum Rs. 1,300

All the above charges are subject to change under various organisational policies. However, the cardholder will be duly informed about the changes.

*Refer to the IRCTC website for details.

^The surcharge is applicable on a minimum fuel transaction of Rs. 500 and a maximum of Rs. 4,000. Maximum waiver is Rs. 100

***The charges are applicable per merchant EMI transaction, i.e. EMI conversion done at the time of transaction through credit card at merchant outlet/ website/ app.

EMI transactions will not accrue base reward points

^^Here “Overlimit Amount” is the difference between the Overlimit outstanding amount and the assigned credit limit (Only If OVL consent is provided in MyCard). There will be no upper limit capping.

+ Dynamic currency conversion fee will be applicable for each international transaction performed in Indian currency at an international location or transactions performed in Indian currency with merchants located in India but registered overseas.)

Terms and Conditions apply

Fees and Charges of Bajaj Finserv RBL Bank Travel Easy SuperCard

To know about the fees and charges applicable on this credit card, refer the table below

Types of fees Charges applicable
Joining fee Rs. 999 + GST
Annual fee Rs. 999 + GST
Add-on card fees NIL
Cash payment at branches Rs. 100 cash deposit transaction done at RBL branch and Bajaj Finserv branch effective from 1st July 2022
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 transactions made at petrol pumps to purchase fuel^ 1.00% + GST surcharge on fuel transaction value of Rs. 10 + GST, whichever is higher
Fuel surcharge will depend on the merchant and it may vary from 1% to 2.5%
Reward redemption fees A reward redemption fee of Rs. 99 + GST will be levied on all redemptions made on Bajaj Finserv RBL Bank co-brand credit card. 
T&C apply
Cash advance transaction fee 2.5% of the cash withdrawn amount or Rs. 500 + GST (whichever is higher, is applicable)
Over-limit penalty^^  Rs. 600+ GST 
 
(w.e.f Oct 9, 2023) Higher of 2.5% of overlimit amount or Rs. 500 + GST
Finance charges (retail purchases and cash) APR up to 3.99% + GST p.m. (up to 47.88% + GST p.a.)
Card replacement (Lost/stolen/reissue/any other replacement) NIL
Duplicate statement fee NIL
Cheque return/dishonour fee auto debit reversal-bank account out of funds Rs. 500 + GST
Dynamic Currency Conversion Fee Markup + 3.5% of the transaction amount + GST 
Merchant EMI transaction*** Rs. 199 + GST per merchant EMI transaction
Rental transactions 1% fee on the transaction amount will be levied on all rental transactions done on any applicable merchant

Late payment charges

Late payment fee
12.5% of the outstanding amount 
Minimum Rs. 5  Maximum Rs. 1,300

All the above charges are subject to change under various organisational policies. However, the cardholder will be duly informed about the changes.

*Refer to the IRCTC website for details.

^The surcharge is applicable on a minimum fuel transaction of Rs. 500 and a maximum of Rs. 4,000. Maximum waiver is Rs. 100

***The charges are applicable per merchant EMI transaction, i.e. EMI conversion done at the time of transaction through credit card at merchant outlet/ website/ app.

EMI transactions will not accrue base reward points

^^Here “Overlimit Amount” is the difference between the Overlimit outstanding amount and the assigned credit limit (Only If OVL consent is provided in MyCard). There will be no upper limit capping.

+ Dynamic currency conversion fee will be applicable for each international transaction performed in Indian currency at an international location or transactions performed in Indian currency with merchants located in India but registered overseas.)

Terms and Conditions apply

Fees and Charges of Bajaj Finserv RBL Bank Shop Smart SuperCard

To know about the fees and charges applicable on this credit card, refer the table below

Types of fees Charges applicable
Joining fee Rs. 499 + GST
Annual fee Rs. 499 + GST
Add-on card fees NIL
Cash payment at branches  Rs. 100 cash deposit transaction done at RBL branch and Bajaj Finserv branch effective from 1st July 2022 
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 transactions made at petrol pumps to purchase fuel^  1.00% + GST surcharge on fuel transaction value of Rs. 10 + GST, whichever is higher 
 
Fuel surcharge will depend on the merchant and it may vary from 1% to 2.5% 
Reward redemption fees  A reward redemption fee of Rs. 99 + GST will be levied on all redemptions made on Bajaj Finserv RBL Bank co-brand credit card.  
 
T&C apply 
Cash advance transaction fee  2.5% of the cash withdrawn amount or Rs. 500 + GST (whichever is higher, is applicable) 
Over-limit penalty ^^  Rs. 600+ GST 
 
(w.e.f Oct 9, 2023) Higher of 2.5% of overlimit amount or Rs. 500 + GST 
 
 
Finance charges (retail purchases and cash)  APR up to 3.99% + GST p.m. (up to 47.88% + GST p.a.) 
Card replacement (Lost/stolen/reissue/any other replacement)  NIL 
Duplicate statement fee  NIL 
Cheque return/dishonour fee auto debit reversal-bank account out of funds  Rs. 500 + GST 
Dynamic Currency Conversion Fee Markup +  3.5% of the transaction amount + GST  
Merchant EMI transaction***  Rs. 199 + GST per merchant EMI transaction 
Rental transactions  1% fee on the transaction amount will be levied on all rental transactions done on any applicable merchant 

Late payment charges

Late payment fee
12.5% of the outstanding amount
Minimum Rs. 5 Maximum Rs. 1,300

All the above charges are subject to change under various organisational policies. However, the cardholder will be duly informed about the changes.

*Refer to the IRCTC website for details.

^The surcharge is applicable on a minimum fuel transaction of Rs. 500 and a maximum of Rs. 4,000. Maximum waiver is Rs. 100

***The charges are applicable per merchant EMI transaction, i.e. EMI conversion done at the time of transaction through credit card at merchant outlet/ website/ app.

EMI transactions will not accrue base reward points

^^Here “Overlimit Amount” is the difference between the Overlimit outstanding amount and the assigned credit limit (Only If OVL consent is provided in MyCard). There will be no upper limit capping.

+ Dynamic currency conversion fee will be applicable for each international transaction performed in Indian currency at an international location or transactions performed in Indian currency with merchants located in India but registered overseas.)

Terms and Conditions apply

Fees and charges of Bajaj Finserv RBL Bank credit cards

Card Variant Annual fee (1st year) Annual fee (2nd year onwards)
Spend limit for annual fee waiver
Binge SuperCard Rs. 999 + GST Rs. 999 + GST 1,00,000
Binge SuperCard - First-year-free NIL Rs. 999 + GST 1,00,000
Platinum Choice SuperCard Rs. 499 + GST Rs. 499 + GST 50,000
Platinum Choice SuperCard - First-year-free NIL Rs. 499 + GST 50,000
Platinum Plus SuperCard Rs. 999 + GST Rs. 999 + GST 1,00,000
Platinum Plus SuperCard - First-year-free NIL Rs. 999 + GST 1,00,000
Platinum ShopDaily SuperCard Rs. 499 + GST Rs. 499 + GST  
Platinum Edge SuperCard Rs. 1,999 + GST Rs. 1,999 + GST  
World Prime SuperCard Rs. 2,999 + GST Rs. 2,999 + GST  
World Plus SuperCard Rs. 4,999 + GST Rs. 4,999 + GST  
Platinum ValuePlus SuperCard Rs. 4,999 + GST Rs. 4,999 + GST  
Platinum ShopSmart SuperCard Rs. 4,99 + GST Rs. 4,99 + GST  
Platinum TravelEast SuperCard Rs. 999 + GST Rs. 999 + GST  
Platinum LifeEasy SuperCard Rs. 1,499 + GST Rs. 1,499 + GST  
Platinum ShopGain SuperCard Rs. 1,499 + GST Rs. 1,499 + GST  
Platinum Advantage SuperCard Rs. 4,99 + GST Rs. 4,99 + GST  
MyFirst SuperCard Rs. 999 Rs. 999  
MyFirst SuperCard - First-year-free NIL    
EasySaver SuperCard Rs. 499 Rs. 499  
EasySaver SuperCard - First-year-free NIL    

Click here to know the applicable schedule of charges on SuperCard.

Fees and charges of loan against property

Types of fees

Applicable charges

Rate of interest (floating rate of interest)

8% to 14% per annum

Processing fee

Up to 3.54% of the loan amount (inclusive of applicable taxes)

Documentation charges

Up to Rs. 2,360/- (inclusive of applicable taxes)

Flexi fee

Term Loan - Not applicable
Flexi Variant - Not applicable

Prepayment charges

Full prepayment

  • Term Loan: Up to 4.72% (inclusive of applicable taxes) on 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 Hybrid Flexi


Note: If all borrowers and co-borrowers are individuals, loan availed on floating interest rates, and loan taken for purposes other than business use, then there will be no foreclosure/ part-prepayment charges.

Annual maintenance charges

Term Loan: Not applicable

Flexi Term Loan (Flexi Dropline): Not applicable

Flexi Hybrid Loan: Up to 0.295% (inclusive of applicable taxes) of the total withdrawable amount during Initial loan tenure. Not applicable for subsequent loan tenure.

Bounce charges

In case of default of repayment instrument, Rs. 1,500/- per bounce will be levied

Penal interest

Penal interest is applicable in the following scenarios:

1. Delay in payment of monthly instalment shall attract penal interest at the rate of 42% per annum on the monthly instalment outstanding, from the date of default until the receipt of monthly instalment.

2. Default of other condition(s): In case of breach of terms of the loan agreement and/ or sanction letter terms, including but not limited to non-submission of requisite documents to BFL, it shall attract penal interest at the rate of 1% per annum on the loan amount till the date of rectification of such default to the satisfaction of BFL. The effective date of levying of penal interest shall commence from the date of committing the default, unless otherwise communicated to the borrower(s) in writing before the penal interest is levied.

Stamp duty (as per respective state)

Payable as per state laws

Mandate rejection charges

Rs. 450/- per month from the first month of due date for mandate rejected by customer's bank until the new mandate is registered

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 QDP process and disbursement mode is cheque: Added to the first instalment

•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.

Mortgage origination fees

Up to Rs. 6,000/- per property (inclusive of applicable taxes)

Property insight (if availed)

Rs. 6,999/- (inclusive of applicable taxes)

CERSAI charges Up to Rs. 118/- (inclusive of applicable taxes)
Conversion fee (floating to fixed)

For Term Loan: Up to 1.18% (inclusive of applicable taxes) of principal outstanding + undisbursed amount (if any)

For Flexi Term Loan and Hybrid Flexi Loan: Up to 1.18% (inclusive of applicable taxes) on flexi limit + undisbursed amount (if any)

Note:

a) The company would charge additional interest rate risk premium of 200 bps over the applicable rate of interest on the borrower's loan account as on that date.

b) Three conversions are permissible throughout the entire tenure

Conversion fee (fixed to floating)

For Term Loan: Up to 1.18% (inclusive of applicable taxes) of principal outstanding + undisbursed amount (if any)

For Flexi Term Loan and Hybrid Flexi Loan: Up to 1.18% (inclusive of applicable taxes) on flexi limit + undisbursed amount (if any)

Note: Three conversions are permissible throughout the entire tenure.

Switch fee for ROI change Up to 2.36%
(inclusive of applicable taxes) of principal outstanding
Commitment fee Maximum up to total PF amount.

Fees and charges of Bajaj Pay Wallet

The following charges are applicable on Bajaj Pay Wallet:

Bajaj Pay Wallet – Fees and Charges

Service

Charges (Rs.)

Account opening

Rs. 0

Load money

Charges (Rs.)

Through credit card

Up to 5% 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 Bajaj Finserv RBL bank Value Plus SuperCard

To know about the fees and charges applicable on this credit card, refer the table below

Types of fees Charges applicable
Joining fee Rs. 499 + GST
Annual fee Rs. 499 + GST
Add-on card fees NIL
Cash payment at branches  Rs. 100 cash deposit transaction done at RBL branch and Bajaj Finserv branch effective from 1st July 2022 
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 transactions made at petrol pumps to purchase fuel^  1.00% + GST surcharge on fuel transaction value of Rs. 10 + GST, whichever is higher 
 
Fuel surcharge will depend on the merchant and it may vary from 1% to 2.5% 
Reward redemption fees  A reward redemption fee of Rs. 99 + GST will be levied on all redemptions made on Bajaj Finserv RBL Bank co-brand credit card.  
 
T&C apply 
Cash advance transaction fee  2.5% of the cash withdrawn amount or Rs. 500 + GST (whichever is higher, is applicable) 
Over-limit penalty ^^  Rs. 600+ GST 
 
(w.e.f Oct 9, 2023) Higher of 2.5% of overlimit amount or Rs. 500 + GST 
 
 
Finance charges (retail purchases and cash)  APR up to 3.99% + GST p.m. (up to 47.88% + GST p.a.) 
Card replacement (Lost/stolen/reissue/any other replacement)  NIL 
Duplicate statement fee  NIL 
Cheque return/dishonour fee auto debit reversal-bank account out of funds  Rs. 500 + GST 
Dynamic Currency Conversion Fee Markup +  3.5% of the transaction amount + GST  
Merchant EMI transaction***  Rs. 199 + GST per merchant EMI transaction 
Rental transactions  1% fee on the transaction amount will be levied on all rental transactions done on any applicable merchant 

Late payment charges

Late payment fee
12.5% of the outstanding amount
Minimum Rs. 5 Maximum Rs. 1,300

All the above charges are subject to change under various organisational policies. However, the cardholder will be duly informed about the changes.

*Refer to the IRCTC website for details.

^The surcharge is applicable on a minimum fuel transaction of Rs. 500 and a maximum of Rs. 4,000. Maximum waiver is Rs. 100

***The charges are applicable per merchant EMI transaction, i.e. EMI conversion done at the time of transaction through credit card at merchant outlet/ website/ app.

EMI transactions will not accrue base reward points

^^Here “Overlimit Amount” is the difference between the Overlimit outstanding amount and the assigned credit limit (Only If OVL consent is provided in MyCard). There will be no upper limit capping.

+ Dynamic currency conversion fee will be applicable for each international transaction performed in Indian currency at an international location or transactions performed in Indian currency with merchants located in India but registered overseas.)

Terms and Conditions apply

Fees and Charges of Bajaj Finserv RBL bank Platinum ShopGain SuperCard

To know about the fees and charges applicable on this credit card, refer the table below

Types of fees Charges applicable
Joining fee Rs. 1,499 + GST
Annual fee Rs. 1,499 + GST
Add-on card fees NIL
Cash payment at branches Rs. 100 cash deposit transaction done at RBL branch and Bajaj Finserv branch effective from 1st July 2022
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 transactions made at petrol pumps to purchase fuel^

1.00% + GST surcharge on fuel transaction value of Rs. 10 + GST, whichever is highe

Fuel surcharge will depend on the merchant and it may vary from 1% to 2.5%

Reward redemption fees

A reward redemption fee of Rs. 99 + GST will be levied on all redemptions made on Bajaj Finserv RBL Bank co-brand credit card.

T&C apply

Cash advance transaction fee 2.5% of the cash withdrawn amount or Rs. 500 + GST (whichever is higher, is applicable)
Over-limit penalty^^ 

Rs. 600+ GST

(w.e.f Oct 9, 2023) Higher of 2.5% of overlimit amount or Rs. 500 + GST

Finance charges (retail purchases and cash) APR up to 3.99% + GST p.m. (up to 47.88% + GST p.a.)
Card replacement (Lost/stolen/reissue/any other replacement) NIL
Duplicate statement fee NIL
Cheque return/dishonour fee auto debit reversal-bank account out of funds Rs. 500 + GST
 Dynamic Currency Conversion Fee Markup  3.5% of the transaction amount + GST 
Merchant EMI transaction*** Rs. 199 + GST per merchant EMI transaction
Rental transactions 1% fee on the transaction amount will be levied on all rental transactions done on any applicable merchant

Late payment charges

Late payment fee
12.5% of the outstanding amount 
Minimum Rs. 5  Maximum Rs. 1,300

All the above charges are subject to change under various organisational policies. However, the cardholder will be duly informed about the changes.

*Refer to the IRCTC website for details.

^The surcharge is applicable on a minimum fuel transaction of Rs. 500 and a maximum of Rs. 4,000. Maximum waiver is Rs. 100

***The charges are applicable per merchant EMI transaction, i.e. EMI conversion done at the time of transaction through credit card at merchant outlet/ website/ app.

EMI transactions will not accrue base reward points

^^Here “Overlimit Amount” is the difference between the Overlimit outstanding amount and the assigned credit limit (Only If OVL consent is provided in MyCard). There will be no upper limit capping.

+ Dynamic currency conversion fee will be applicable for each international transaction performed in Indian currency at an international location or transactions performed in Indian currency with merchants located in India but registered overseas.)

Terms and Conditions apply

Fees and Charges of Bajaj Finserv RBL bank Platinum LifeEasy SuperCard

To know about the fees and charges applicable on this credit card, refer the table below

Types of fees Charges applicable
Joining fee Rs. 1999 + GST
Annual fee Rs. 1999 + GST
Add-on card fees NIL
Cash payment at branches Rs. 100 cash deposit transaction done at RBL branch and Bajaj Finserv branch effective from 1st July 2022
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 transactions made at petrol pumps to purchase fuel^

1.00% + GST surcharge on fuel transaction value of Rs. 10 + GST, whichever is higher

Fuel surcharge will depend on the merchant and it may vary from 1% to 2.5%

Reward redemption fees

A reward redemption fee of Rs. 99 + GST will be levied on all redemptions made on Bajaj Finserv RBL Bank co-brand credit card.

T&C apply

Cash advance transaction fee 2.5% of the cash withdrawn amount or Rs. 500 + GST (whichever is higher, is applicable)
Over-limit penalty^^ 

Rs. 600+ GST

(w.e.f Oct 9, 2023) Higher of 2.5% of overlimit amount or Rs. 500 + GST

Finance charges (retail purchases and cash) APR up to 3.99% + GST p.m. (up to 47.88% + GST p.a.)
Card replacement (Lost/stolen/reissue/any other replacement) NIL
Duplicate statement fee NIL
Cheque return/dishonour fee auto debit reversal-bank account out of funds Rs. 500 + GST
Dynamic Currency Conversion Fee Markup + 3.5% of the transaction amount + GST 
Merchant EMI transaction*** Rs. 199 + GST per merchant EMI transaction
Rental transactions 1% fee on the transaction amount will be levied on all rental transactions done on any applicable merchant

Late payment charges

Late payment fee
12.5% of the outstanding amount
Minimum Rs. 5 Maximum Rs. 1,300

All the above charges are subject to change under various organisational policies. However, the cardholder will be duly informed about the changes.

*Refer to the IRCTC website for details.

^The surcharge is applicable on a minimum fuel transaction of Rs. 500 and a maximum of Rs. 4,000. Maximum waiver is Rs. 100

***The charges are applicable per merchant EMI transaction, i.e. EMI conversion done at the time of transaction through credit card at merchant outlet/ website/ app.

EMI transactions will not accrue base reward points

^^Here “Overlimit Amount” is the difference between the Overlimit outstanding amount and the assigned credit limit (Only If OVL consent is provided in MyCard). There will be no upper limit capping.

+ Dynamic currency conversion fee will be applicable for each international transaction performed in Indian currency at an international location or transactions performed in Indian currency with merchants located in India but registered overseas.)

Terms and Conditions apply

Fees and charges of medical equipment finance

Types of fees Charges applicable
Rate of interest Up to 14% per annum
Processing fee Up to 2.95% of the loan amount (inclusive of applicable taxes)
Documentation charges Up to Rs. 2,360/- (inclusive of applicable taxes).
Flexi fee Not applicable
Prepayment charges

Full prepayment

  • Term Loan: Up to 4.72% (inclusive of applicable taxes) on 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 total withdrawable amount as per the repayment schedule as on the date of such 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 such 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 Hybrid Flexi
Annual maintenance charges Not applicable
Bounce charges In case of default of repayment instrument, Rs. 1,500/- per bounce will be levied.
Penal interest Delay in payment of monthly instalment shall attract penal interest at the rate of 42% per annum applicable on the monthly instalment outstanding, from the respective due date until the date of receipt of the monthly instalment.
Stamp duty (As per respective state)
Payable as per state laws
Mandate rejection charges Rs. 450/- per month from the first month of due date for mandate rejected by customer's bank until the new mandate is registered
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: Added to the first instalment amount
  • For QDP process: Added to first instalment amount
  • For Flexi Term Loan: Added to the first instalment amount
  • For Flexi Hybrid Loan: Added to the first instalment amount


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.

Legal, repossession and incidental charges Actual legal and incidental charges under applicable laws.
LC processing fees  Up to 2.36% of the loan amount (inclusive of applicable taxes)
CERSAI charges Up to Rs. 118/- (inclusive of applicable taxes)

Fees and Charges of Bajaj Finserv RBL bank Platinum Advantage SuperCard

To know about the fees and charges applicable on this credit card, refer the table below

Types of fees Charges applicable
Joining fee Rs. 499 + GST
Annual fee Rs. 499 + GST
Add-on card fees NIL
Cash payment at branches  Rs. 100 cash deposit transaction done at RBL branch and Bajaj Finserv branch effective from 1st July 2022 
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 transactions made at petrol pumps to purchase fuel^  1.00% + GST surcharge on fuel transaction value of Rs. 10 + GST, whichever is higher 
 
Fuel surcharge will depend on the merchant and it may vary from 1% to 2.5% 
Reward redemption fees  A reward redemption fee of Rs. 99 + GST will be levied on all redemptions made on Bajaj Finserv RBL Bank co-brand credit card.  
 
T&C apply 
Cash advance transaction fee  2.5% of the cash withdrawn amount or Rs. 500 + GST (whichever is higher, is applicable) 
Over-limit penalty ^^  Rs. 600+ GST 
 
(w.e.f Oct 9, 2023) Higher of 2.5% of overlimit amount or Rs. 500 + GST 
 
 
Finance charges (retail purchases and cash)  APR up to 3.99% + GST p.m. (up to 47.88% + GST p.a.) 
Card replacement (Lost/stolen/reissue/any other replacement)  NIL 
Duplicate statement fee  NIL 
Cheque return/dishonour fee auto debit reversal-bank account out of funds  Rs. 500 + GST 
Dynamic Currency Conversion Fee Markup +  3.5% of the transaction amount + GST  
Merchant EMI transaction***  Rs. 199 + GST per merchant EMI transaction 
Rental transactions  1% fee on the transaction amount will be levied on all rental transactions done on any applicable merchant 

Late payment charges

Late payment fee
12.5% of the outstanding amount
Minimum Rs. 5  Maximum Rs. 1,300

All the above charges are subject to change under various organisational policies. However, the cardholder will be duly informed about the changes.

*Refer to the IRCTC website for details.

^The surcharge is applicable on a minimum fuel transaction of Rs. 500 and a maximum of Rs. 4,000. Maximum waiver is Rs. 100

***The charges are applicable per merchant EMI transaction, i.e. EMI conversion done at the time of transaction through credit card at merchant outlet/ website/ app.

EMI transactions will not accrue base reward points

^^Here “Overlimit Amount” is the difference between the Overlimit outstanding amount and the assigned credit limit (Only If OVL consent is provided in MyCard). There will be no upper limit capping.

+ Dynamic currency conversion fee will be applicable for each international transaction performed in Indian currency at an international location or transactions performed in Indian currency with merchants located in India but registered overseas.)

Terms and Conditions apply

Fees and charges of EMI Network Card

To know more about terms & conditions for availing loan through EMI Card, click here

The following charges are applicable on Insta EMI Card/ EMI Network Card

Type of fee

Applicable charges

EMI Network Card fee

Rs. 530/- (inclusive of applicable taxes)

Online convenience fee

Rs. 69/- (inclusive of applicable taxes) applicable to customers who avail Insta EMI Card exclusively through digital mode.

EMI Network Card loan limit enhancement fee

Rs. 117/- (inclusive of applicable taxes)

EMI Netword Card Annual fee

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

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

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

Add-on EMI Network Card fee

Rs. 199/- (inclusive of applicable taxes)

The following charges are applicable for availing loan limit through Insta EMI Card/ EMI Network Card

Type of fee

Applicable charges

Processing fee

Up to Rs. 5000/- (inclusive of applicable taxes) collected upfront.

Bounce charges

In case of default of repayment instrument, up to Rs. 500/- per bounce will be levied.

Penal interest

Delay in payment of monthly instalment shall attract penal interest at the rate of 3.50% per month on the monthly instalment outstanding, from the date of default until the receipt of monthly instalment.

Mandate rejection charge

Rs. 450/- per month from the first instalment due date for mandates rejected by the customer’s bank until the new mandate is registered.

Mandate registration charges

Rs. 118/- (inclusive of applicable taxes) if applicable.

Loan enhancement fees

Rs. 117/- (inclusive of applicable taxes) will be added to the first instalment.

Convenience fee

Rs. 117/- (inclusive of applicable taxes) will be collected along with first instalment.

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 Health EMI Network Card

FEES AND CHARGES

The following charges are applicable on Health EMI Network Card:

Type 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)

Corporate/ Hospital Health EMI Network Card Fee Up to Rs. 599 (inclusive of applicable taxes)

Annual fee

Up to Rs. 117/- (inclusive of applicable taxes). Annual fee will only be charged to the Health EMI Network Card holders who have not availed 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 the Health EMI Network Card) the date for payment of the annual fee will be March 2020.

The following charges are applicable for availing loan limit through Health EMI Network Card:

Processing fee

Up to Rs. 1,017/- (inclusive of applicable taxes) collected upfront.

Bounce charges

In case of default of repayment instrument, Rs. 500/- per bounce will be levied.

Penal interest

Delay in payment of monthly instalment shall attract penal interest at the rate of 3.50% per month on the instalment outstanding, from the respective due date until the date of receipt of monthly instalment.

Mandate rejection charges

Rs. 450/- per month from the first instalment due date for mandates rejected by customers bank until the new mandate is registered.

Mandate registration charges

Rs. 118/- (inclusive of applicable taxes) if applicable.

Loan enhancement fees

Rs. 117/- (inclusive of applicable taxes) for temporary increase in Health EMI card limit for the loan transaction. Same will be charged only for increase in limit in excess of Rs. 999/- to be collected along with the first instalment.

Convenience fee

Rs. 117/- (inclusive of applicable taxes) will be collected along with first instalment.

Full prepayment (foreclosure) charges

Nil, anytime post disbursal of loan.

Part prepayment charges

Nil, anytime post disbursal of loan.

Fees and charges of EMI Network

To know more about the terms and conditions for availing loan through EMI Card, click here.

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

Type of fees

Amount (Rs.)/ Percentage (%) and Description

Processing fee and upfront interest

Up to Rs. 5,000 (inclusive of applicable taxes) collected upfront

Bounce charge

In case of default of repayment instrument, Rs. 500 per bounce will be levied.

Penal interest

Delay in payment of monthly instalment shall attract penal interest at the rate of 42% per annum applicable on the outstanding monthly instalment, from the respective due date until the date of receipt of monthly instalment.

Mandate rejection charge

Rs. 450 per month from the first instalment due date for mandates rejected by customers bank until the new mandate is registered.

Loan enhancement fee

Rs. 117 (inclusive of applicable taxes) for temporary increase in EMI card limit for the loan transaction. Same will be charged only for increase in limit in excess of Rs. 999/- to be collected along with the first instalment.

Convenience fee

Rs. 117 (inclusive of applicable taxes) will be collected along with the first instalment.

Transaction fee**

Rs. 147 (inclusive of applicable taxes) will be collected along with the first instalment.

**"Transaction fees" refers to sum payable by customer (i) who does not hold valid EMI card; (ii) to whom the loan is facilitated; and (iii) at the time of making payment of first EMI/upfront payment as part of loan transaction

Credit Suraksha fee

Rs. 117 (inclusive of applicable taxes) if applicable

Full prepayment

NIL

Part-prepayment

NIL

Fees and Charges of Bajaj Finserv DBS Bank 5X Rewards SuperCard

FEES AND CHARGES
Type of fee Fees (in Rs.)
Joining fee Rs. 499 + GST
Renewal fee Rs. 499 + GST
Reward redemption fee Rs. 99 + GST per redemption
Cash advance fee 2.5% of the cash amount (minimum Rs. 500)
Late payment fee • No charge for the amount due up to Rs. 100
• Rs. 99 for the total due amount greater than Rs. 100 and up to Rs. 500
• Rs. 499 for the total due amount greater than Rs. 500 and up to Rs. 5,000
• 10% of the total due amount greater than Rs. 5,000 (maximum Rs. 1,299)
Over limit fee Rs. 600 + GST
Finance charges Up to 4% per month or 48% per annum
EMI conversion processing fee 2% of the conversion amount. Subject to a minimum of Rs. 249

Click here to read the detailed schedule of charges and MITCs.

Click here to read product benefits and terms.

Fees and Charges of Bajaj Finserv DBS Bank 5X Plus Rewards SuperCard

FEES AND CHARGES
Type of fee Fees (in Rs.)
Joining fee Rs. 999 + GST
Renewal fee Rs. 999 + GST
Reward redemption fee Rs. 99 + GST per redemption
Cash advance fee 2.5% of the cash amount (minimum Rs. 500)
Late payment fee • No charge for the amount due up to Rs. 100
• Rs. 99 for the total due amount greater than Rs. 100 and up to Rs. 500
• Rs. 499 for the total due amount greater than Rs. 500 and up to Rs. 5,000
• 10% of the total due amount greater than Rs. 5,000 (maximum Rs. 1,299)
Over limit fee Rs. 600 + GST
Finance charges Up to 4% per month or 48% per annum
EMI conversion processing fee 2% of the conversion amount. Subject to a minimum of Rs. 249

Click here to read the detailed schedule of charges and MITCs.

Click here to read product benefits and terms.

Fees and Charges of Bajaj Finserv DBS Bank 5X Rewards First-Year-Free

FEES AND CHARGES
Type of fee Fees (in Rs.)
Joining fee NIL
Renewal fee Rs. 499 + GST
Reward redemption fee Rs. 99 + GST (per redemption)
Cash advance fee 2.5% of the cash amount (minimum Rs. 500)
Late payment fee • No charge for the amount due up to Rs. 100
• Rs. 99 for the total due amount greater than Rs. 100 and up to Rs. 500
• Rs. 499 for the total due amount greater than Rs. 500 and up to Rs. 5,000
• 10% of the total due amount greater than Rs. 5,000 (maximum Rs. 1,299)
Over limit fee Rs. 600 + GST
Finance charges Up to 4% per month or 48% per annum
EMI conversion processing fee 2% of the conversion amount. Subject to a minimum of Rs. 249

Click here to read the detailed schedule of charges and MITCs.

Click here to read product benefits and terms.

Fees and Charges of Bajaj Finserv DBS Bank 5X Plus Rewards First-Year-Free

FEES AND CHARGES
Type of fee Fees (Rs.)
Joining fee Nil
Renewal fee Rs. 999 + GST
Reward redemption fee Rs. 99 + GST per redemption
Cash advance fee 2.5% of the cash amount (minimum Rs. 500)
Late payment fee • No charge for the amount due up to Rs. 100
• Rs. 99 for the total due amount greater than Rs. 100 and up to Rs. 500
• Rs. 499 for the total due amount greater than Rs. 500 and up to Rs. 5,000
• 10% of the total due amount greater than Rs. 5,000 (maximum Rs. 1,299)
Over limit fee Rs. 600 + GST
Finance charges Up to 4% per month or 48% per annum
EMI conversion processing fee 2% of the conversion amount. Subject to a minimum of Rs. 249

Click here to read the detailed schedule of charges and MITCs.

Click here to read product benefits and terms.

Fees and Charges of Bajaj Finserv DBS Bank 7X Rewards SuperCard

FEES AND CHARGES
Type of fee Fees (in Rs.)
Joining fee Rs. 1,499 + GST
Renewal fee Rs. 1,499 + GST
Reward redemption fee Rs. 99 + GST per redemption
Cash advance fee 2.5% of the cash amount (minimum Rs. 500)
Late payment fee • No charge for the amount due up to Rs. 100
• Rs. 99 for the total due amount greater than Rs. 100 and up to Rs. 500
• Rs. 499 for the total due amount greater than Rs. 500 and up to Rs. 5,000
• 10% of the total due amount greater than Rs. 5,000 (maximum Rs. 1,299)
Over limit fee Rs. 600 + GST
Finance charges Up to 4% per month or 48% per annum
EMI conversion processing fee 2% of the conversion amount. Subject to a minimum of Rs. 249

Click here to read the detailed schedule of charges and MITCs.

Click here to read product benefits and terms.

Fees and Charges of Bajaj Finserv DBS Bank 7X Plus Rewards SuperCard

FEES AND CHARGES
Type of fee Fees (in Rs.)
Joining fee Rs. 1,999 + GST
Renewal fee Rs. 1,999 + GST
Reward redemption fee Rs. 99 + GST per redemption
Cash advance fee 2.5% of the cash amount (minimum Rs. 500)
Late payment fee • No charge for the amount due up to Rs. 100
• Rs. 99 for the total due amount greater than Rs. 100 and up to Rs. 500
• Rs. 499 for the total due amount greater than Rs. 500 and up to Rs. 5,000
• 10% of the total due amount greater than Rs. 5,000 (maximum Rs. 1,299)
Over limit fee Rs. 600 + GST
Finance charges Up to 4% per month or 48% per annum
EMI conversion processing fee 2% of the conversion amount. Subject to a minimum of Rs. 249

Click here to read the detailed schedule of charges and MITCs.

Click here to read product benefits and terms.

Fees and Charges of Bajaj Finserv DBS Bank 10X Signature SuperCard

FEES AND CHARGES
Type of fee Fees (in Rs.)
Joining fee Rs. 2,999 + GST
Renewal fee Rs. 2,999 + GST
Reward redemption fee Rs. 99 + GST per redemption
Cash advance fee 2.5% of the cash amount (minimum Rs. 500)
Late payment fee • No charge for the amount due up to Rs. 100
• Rs. 99 for the total due amount greater than Rs. 100 and up to Rs. 500
• Rs. 499 for the total due amount greater than Rs. 500 and up to Rs. 5,000
• 10% of the total due amount greater than Rs. 5,000 (maximum Rs. 1,299)
Over limit fee Rs. 600 + GST
Finance charges Up to 4% per month or 48% per annum
EMI conversion processing fee 2% of the conversion amount. Subject to a minimum of Rs. 249

Click here to read the detailed schedule of charges and MITCs.

Click here to read product benefits and terms.

Fees and Charges of Bajaj Finserv DBS Bank 10X Plus Signature SuperCard

FEES AND CHARGES
Type of fee Fees (in Rs.)
Joining fee Rs. 4,999 + GST
Renewal fee Rs. 4,999 + GST
Reward redemption fee Rs. 99 + GST per redemption
Cash advance fee 2.5% of the cash amount (minimum Rs. 500)
Late payment fee • No charge for the amount due up to Rs. 100
• Rs. 99 for the total due amount greater than Rs. 100 and up to Rs. 500
• Rs. 499 for the total due amount greater than Rs. 500 and up to Rs. 5,000
• 10% of the total due amount greater than Rs. 5,000 (maximum Rs. 1,299)
Over limit fee Rs. 600 + GST
Finance charges Up to 4% per month or 48% per annum
EMI conversion processing fee 2% of the conversion amount. Subject to a minimum of Rs. 249

Click here to read the detailed schedule of charges and MITCs.

Click here to read product benefits and terms.

Fees and charges of Mobile Recharge and Bill Payments

The following charges are applicable on mobile recharges and bill payments:

Mobile recharge and bill payments – Fees and charges

Payment

Charges (Rs.)

Payment for bills and recharges

Convenience fee up to 2% per transaction (inclusive of applicable taxes) *

Platform fee

Up to Rs. 5/- for each prepaid mobile recharge

*Convenience fee is applicable on specific payment instrument and subject to revision time to time

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

Fees and charges of B2B Dealer Banker

Types of fees Applicable charges
Rate of interest Business Loan: 9.75% to 25% per annum
Home Loan: 6% to 12% per annum
Loan against Property: 6% to 15% per annum
Secured Business Loan: 8% to 20% per annum
Processing fee • HL and LAP: Up to 2.36% of the loan amount (inclusive of applicable taxes)
• BL: Up to 4.72% of the loan amount (inclusive of applicable taxes)
Documentation charges Up to Rs. 2360 (inclusive of applicable taxes)
Prepayment charges Full prepayment (foreclosure)

 Term Loan: Up to 4.72% (inclusive of applicable taxes) on 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 the loan prepaid on the date of such part-prepayment.
• Not applicable for Flexi Term Loan (Flexi Dropline) and Hybrid Flexi Loan.
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 0.295% (inclusive of applicable taxes) of the total withdrawable amount during the initial loan tenure and applicable to the subsequent tenure.
Bounce charges In case of default of the repayment instrument, Rs. 1,500 per bounce will be levied.
Penal interest Delay in payment of monthly instalment shall attract penal interest at the rate of 42% per annum on the monthly instalment outstanding, from the respective due date until the date of receipt of the monthly instalment.
Stamp duty (as per respective state) Secured loans - Payable as per state laws 
Unsecured loans - Payable as per state laws and deducted from the loan amount.
Mandate rejection charges Rs. 450 per month from the first month of the due date for the mandate rejected by the customer’s bank until the new mandate is registered.
Broken period interest/ pre-EMI interest Broken period interest/ pre-EMI interest shall mean the amount of interest on the 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 amount.
• For Flexi Hybrid Loan: Added to the first instalment amount.

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.
CERSAI charges Rs. 118 (inclusive of applicable taxes)
(not applicable for unsecured loans)
Mortgage origination fee Up to Rs. 6000 (inclusive of applicable taxes)
(not applicable for unsecured loans)
Commitment fee Maximum up to total PF amount
 Switch fee HL and LAP: Up to 1.18% (inclusive of applicable taxes) in case customer approaches for ROI change in secured cases.

Fees and charges of Lease Rental Discounting (LRD)

Type of fee Applicable charges
Processing fees Up to 3.54% of the loan amount (inclusive of applicable taxes)
Document processing charges Up to Rs. 2,360/- (inclusive of applicable taxes)
Flexi fee Term Loan: Not applicable
Flexi variant: Not applicable
Pre-payment charges

Full pre-payment/Foreclosure

·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 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: Not applicable

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.
·Flexi Term Loan (Flexi Dropline): Not applicable

Note: If all borrowers and co-borrowers are Individual, loan availed on floating interest rates, and loan taken for purpose other than business use, then there will be no foreclosure/part-payment charges.

Annual maintenance charges Term Loan: Not applicable
Flexi Term Loan (Flexi Dropline): Not applicable
Flexi Hybrid Loan: Not applicable
Bounce charges In case of default of repayment instrument Rs. 1,500/- per bounce will be levied.
Penal Interest Penal interest is applicable in the following scenarios:
1. Delay in payment of monthly instalment shall attract penal interest at the rate of 42% per annum on the monthly instalment outstanding, from the date of default until the receipt of monthly instalment.
2. Default of other condition(s): In case of breach of terms of the loan agreement and/ or sanction letter terms, including but not limited to non-submission of requisite documents to BFL, it shall attract penal interest at the rate of 1% per annum on the loan amount till the date of rectification of such default to the satisfaction of BFL. The effective date of levying of penal interest shall commence from the date of committing the default, unless otherwise communicated to the borrower(s) in writing before the penal interest is levied.
Stamp duty (as per respective state) Payable as per state laws
Mandate rejection charges Rs. 450/- per month from the first month of due date for mandate rejected by customer’s bank until the new mandate is registered.Broken Period Interest/ Pre-EMI Interest
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):
Scenario 1 - Over and above the period of 30 (thirty) days from the date of disbursement of the loan:
Method of recovery of Broken Period Interest/Pre-EMI Interest:
For Term Loan: Deduct from disbursement
For QDP process & disbursement mode is cheque: Added to first instalment amount
For Flexi Term Loan: Added to first instalment amount
For Hybrid Flexi Loan: Added to first instalment amount
Scenario 2 - Less than period of 30 (thirty) days from the date of disbursement of the loan, Interest on first instalment will be charged for actual number of days.
Mortgage origination fees Up to Rs. 6,000/- (inclusive of applicable taxes) per property
Property insight (if availed) Rs. 6,999 (inclusive of applicable taxes)
Mandate registration charges In case of UPI mandate registration, Rs. 1 (inclusive of applicable taxes) will be collected from the customer.
CERSAI charges Up to Rs. 118/- (inclusive of applicable taxes)
Conversion fee (floating to fixed)

For Term Loan: Up to 1.18% (inclusive of applicable taxes) of principal outstanding + undisbursed amount (if any)

For Flexi Term Loan and Hybrid Flexi Loan: Up to 1.18% (inclusive of applicable taxes) on flexi limit + undisbursed amount (if any)

Note:

a) The company would charge additional interest rate risk premium of 200 bps over the applicable rate of interest on the borrower's loan account as on that date.

b) Three conversions are permissible throughout the entire tenure

Conversion fee (fixed to floating)

For Term Loan: Up to 1.18% (inclusive of applicable taxes) of principal outstanding + undisbursed amount (if any)

For Flexi Term Loan and Hybrid Flexi Loan: Up to 1.18% (inclusive of applicable taxes) on flexi limit + undisbursed amount (if any)

Note: Three conversions are permissible throughout the entire tenure.

Switch fee for ROI change Up to 2.36%
(inclusive of applicable taxes) of principal outstanding
Commitment fee Maximum up to total PF amount.

Fees and charges for Bajaj Pay FASTag

The following are the fees and charges applicable on the Bajaj Pay FASTag:

Bajaj Pay FASTag – Fees and charges

Service

Charges (Rs.)

Issuance fee

Up to Rs. 100

Replacement fee

Up to Rs. 100

Fees and charges of microfinance group loan

Rate of Interest

Minimum

Maximum

Average rate of interest
in last quarter (%)

24% p.a.

 25% p.a.

24.76% p.a.

Type of fee

Applicable charges

Processing fees

Up to 1.5% (inclusive of applicable taxes) of the total loan amount

Prepayment charges

Part-prepayment – NIL

Full prepayment – NIL

Bounce charges

In case of default of repayment instrument, up to Rs. 50/- per bounce will be levied.

Penal charge

Delay in payment of monthly instalment for more than 7 days from the due date of instalment shall attract penal charge of up to Rs. 100/- per month for every delayed instalment, until the receipt of instalment

Mandate registration charges

Not applicable

Mandate rejection charges

Up to Rs. 50/- per month from the first instalment due date for mandate rejected by customer’s bank until the new mandate is registered.

Broken period interest/ pre-monthly instalment interest

Broken period interest/ pre-monthly instalment interest shall be charged for actual number of days from the date of disbursement.

*Terms and conditions apply

Fees and charges of pharma loan

Types of fees

Charges applicable

Rate of interest

11% - 22% per annum

Processing fee

Up to 2.95% of the loan amount (inclusive of applicable taxes)

Flexi fee

Term Loan: Not applicable

Flexi Term Loan (Flexi Dropline): Up to Rs. 999/- (inclusive of applicable taxes)

Flexi Hybrid Loan (as applicable below)

· Up to Rs. 1,999/- (inclusive of applicable taxes) for loan amount less than Rs. 2,00,000/-

· Up to Rs. 3,999/- (inclusive of applicable taxes) for loan amount from Rs. 2,00,000/- to Rs. 3,99,999/-

· Up to Rs. 5,999/- (inclusive of applicable taxes) for the loan amount from Rs. 4,00,000/- to Rs. 5,99,999/-

· Up to Rs. 6,999/- (inclusive of applicable taxes) for the loan amount from Rs. 6,00,000/- to Rs. 9,99,999/-

· Up to Rs. 7,999/- (inclusive of applicable taxes) for the loan amount of Rs. 10,00,000/- and above

*The Flexi charges will be collected upfront from the loan amount

*Loan amount includes approved loan amount, insurance premium, and VAS charges.

Prepayment 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)

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 0.295% (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

Bounce charges

In case of default of repayment instrument, Rs. 1,500/- per bounce will be levied.

Penal interest

Delay in payment of monthly instalment shall attract penal interest at the rate of 42% per annum per month on the monthly instalment outstanding, from the respective due date until the date of the receipt of monthly instalment.

Stamp duty (as per respective state)

Payable as per state laws and deducted upfront from the loan amount

Mandate rejection service charges

Rs. 450/- per month from the first month of due date for mandate rejected by customer's bank until the new mandate is registered

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.

Fees and charges on ESOP financing

The following charges are applicable on ESOP financing:

Types of fees

Charges applicable

Interest rate

Up to 20% per annum

Processing fee

Up to 4.72% of the loan amount (inclusive of applicable taxes)

Prepayment charges

Full prepayment – Up to 4.72% (inclusive of applicable taxes) on the outstanding loan amount as on the date of full prepayment

Part-prepayment – Up to 4.72% (inclusive of the applicable taxes) of the principal amount of loan prepaid on the date of such part-prepayment

Bounce charges

In case of default of repayment instrument, Rs. 1,200/- per bounce will be levied.

Annual maintenance charges

Up to 1.18% (inclusive of applicable taxes) on the sanctioned amount

Penal interest

Delay in payment of monthly instalment shall attract penal interest up to 36% per annum applicable on the monthly instalment outstanding, from the respective due date until the date of receipt of monthly instalment.

Stamp duty

Payable as per state laws

Brokerage charges*

As applicable at actuals

DP charges**

As applicable at actuals

Pledge confirmation charges**

As applicable at actuals

Pledge invocation charges**

As applicable at actuals

Demat share transfer charges (post invocation)**

As applicable at actuals

Legal charges

As applicable at actuals

*Charges levied by Broker to BFL and the same is being passed on to the clients.
**Charges levied by NSDL to BFL and the same is being passed on to the clients.

Fees and charges of IPO financing

The following charges are applicable on IPO financing

Types of fees

Charges applicable

Interest rate

Up to 24% per annum and/or flat interest up to Rs. 30,000 per IPO application till the date of allotment

Processing fee

Up to 4.72% of the loan amount (inclusive of applicable taxes)

Part-prepayment charges

Not applicable

Annual maintenance charges

Not applicable

Bounce charges

Not applicable

Penal interest

Up to 24% p.a. in case of default or in case of non-observance of any of the terms of the agreement

Stamp duty

As applicable

Brokerage charges*

As applicable

DP charges**

As applicable

Account opening charges Up to Rs. 5000 (inclusive of applicable taxes)

Foreclosure charges

Not applicable

Pledge confirmation charges*

As applicable

Pledge invocation charges*

As applicable

Demat share transfer charges (post invocation)

0.024% + flat Rs. 5.9 (minimum being Rs.64.9) (inclusive of applicable taxes)

Legal charges

At actuals

*Charges levied by Broker to BFL and the same is being on to the clients.
**Charges levied by NSDL to BFL and the same is being passed on to the clients.

Fees and charges of new tractor finance

Type of fee

Applicable charges

Rate of interest

12% to 20% p.a.

Processing fees

Up to 3% of the loan amount (inclusive of applicable taxes).

Documentation charges

Up to Rs. 2,360 (inclusive of applicable taxes).

Flexi fee

Term Loan - Not applicable

Flexi Term Loan - Up to Rs. 999 (inclusive of applicable taxes)

Flexi Hybrid Loan (as applicable below)

  • Up to Rs. 1,999 (inclusive of applicable taxes) for a loan amount up to Rs. 5,00,000

  • Up to Rs. 3,999 (inclusive of applicable taxes) for a loan amount of Rs. 5,00,000 and above


*Loan amount includes approved loan amount, insurance premium, VAS charges, and documentation charges.

Stamp duty (as per the respective state)

Payable as per state laws and deducted upfront from loan amount.

Prepayment charges

Full prepayment (foreclosure) charges

  • Term Loan: Up to 4.72% (inclusive of applicable taxes) on the outstanding loan amount payable by the borrower on the date of such full prepayment.

  • Hybrid Flexi Loan/ Flexi Term Loan: Up to 4.72% (inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule, during initial and subsequent tenure on the date of such full prepayment.

Part-prepayment charges

  • Term Loan: Up to 4.72% (inclusive of applicable taxes) of the principal amount of loan prepaid on the date of such part-prepayment.

  • Hybrid Flexi Loan/ Flexi Term Loan: Not applicable

Bounce charges

In case of default of repayment instrument Rs. 1,000 per bounce will be levied

Annual maintenance charges

Term Loan - Not applicable

Flexi Hybrid Loan

  • Up to 0.59 % (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 Term Loan

  • 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.

Penal interest

Delay in payment of monthly instalment shall attract penal interest at the rate of 42% per annum on the monthly instalment outstanding, from the respective due date until the date of receipt of monthly instalment.

Mandate rejection charges

Rs. 450 per month from the first month of the due date for the mandate rejected by the customer’s bank until the new mandate is registered.

Legal, repossession and incidental charges

Up to Rs. 50,000 (inclusive of applicable taxes)

Stockyard charges

Up to Rs. 250 per day up to 60 days (inclusive of applicable taxes) 

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):

Scenario 1: Over and above the period of 30 days from the date of disbursement of the loan

Method of recovery of broken period interest/ pre-EMI interest:

For Term Loan, Flexi Hybrid Loan, Flexi Term Loan (Dropline Flexi): Added to first instalment amount.

Scenario 2: Less than period of 30 days from the date of disbursement of the loan, interest on first instalment will be charged for actual number of days.

NOC KIT

NA

NOL to convert from private to commercial or interstate transfer

Rs. 500 (inclusive of applicable taxes)

(Will be charged separately for tractor and registered implements)

Duplicate NOC

Rs. 500 (inclusive of applicable taxes).

(Will be charged separately for tractor and registered implements)

Loan rebooking charge

Rs. 1,000 (inclusive of applicable taxes) – In case of rebooking requested by customer

Loan cancellation charge

Rs. 2,360 (inclusive of applicable taxes) - In case of cancellation requested by customer. Interest till cancellation to be borne by customer.

Cancellation allowed till 90 days post disbursal date.

Fees and charges of small implement finance

Type of fee

Applicable charges

Rate of interest

12% to 20% p.a.

Processing fees

Up to 3% of the loan amount (inclusive of applicable taxes).

Documentation charges

Nil

Stamp duty (as per the respective state)

Payable as per state laws and deducted upfront from loan amount.

Prepayment charges

Full prepayment (foreclosure) charges

  • Term Loan: Up to 4.72% (inclusive of applicable taxes) on the outstanding loan amount payable by the borrower on the date of such full prepayment.

Part-prepayment charges

  • Term Loan: Up to 4.72% (inclusive of applicable taxes) of the principal amount of loan prepaid on the date of such part-prepayment.

Bounce charges

In case of default of repayment instrument Rs. 250 per bounce will be levied.

Penal interest

Delay in payment of monthly instalment shall attract penal interest at the rate 42% per annum applicable on the monthly instalment outstanding, from the respective due date until the date of receipt of monthly instalment.

Mandate rejection charges

Rs. 450 per month from the first month of the due date for the mandate rejected by the customer’s bank until the new mandate is registered.

Legal, repossession and incidental charges

Up to Rs. 25,000 (inclusive of applicable taxes)

Stockyard charges

Up to Rs. 250 per day up to 60 days (inclusive of applicable taxes) 

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):

Scenario 1: Over and above the period of 30 (thirty) days from the date of disbursement of the Loan

Method of recovery of Broken Period Interest/ pre-EMI Interest:

For Term Loan: Added to first instalment amount.

Scenario 2: Less than period of 30 (thirty) days from the date of disbursement of the loan, Interest on first instalment will be charged for actual number of days.

NOC KIT

NA

NOL to convert from private to commercial or interstate transfer

Rs. 500 (inclusive of applicable taxes)

(In case of registered implements)

Duplicate NOC

Rs. 500 (inclusive of applicable taxes).

(In case of registered implements)

Loan rebooking charge

Rs. 500 (inclusive of applicable taxes) – In case of rebooking requested by customer

Loan cancellation charge

Rs. 1,000 (inclusive of applicable taxes) - In case of cancellation requested by customer. Interest till cancellation to be borne by customer.

Cancellation allowed till 90 days post disbursal date.

Fees and charges of used tractor finance

Type of fee

Applicable charges

Rate of interest

18% to 26% p.a.

Processing fees

Up to 3% of the loan amount (inclusive of applicable taxes).

Documentation charges

Up to Rs. 2,360 (inclusive of applicable taxes).

Flexi fee

Term Loan - Not applicable

Flexi Term Loan - Up to Rs. 999 (inclusive of applicable taxes)

Flexi Hybrid Loan (as applicable below)

  • Up to Rs. 1,999 (inclusive of applicable taxes) for a loan amount up to Rs. 5,00,000

  • Up to Rs. 3,999 (inclusive of applicable taxes) for a loan amount of Rs. 5,00,000 and above


*Loan amount includes approved loan amount, insurance premium, VAS charges, and documentation charges.

Stamp duty

Payable as per state laws and deducted upfront from the loan amount.

Prepayment charges

Full prepayment (foreclosure) charges

  • Term Loan: Up to 4.72% (inclusive of applicable taxes) on the outstanding loan amount payable by the borrower on the date of such full prepayment.

  • Hybrid Flexi Loan/ Flexi Term Loan: Up to 4.72% (Inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule, during initial and subsequent tenure on the date of such full prepayment.

Part-prepayment charges

  • Term Loan: Up to 4.72% (inclusive of applicable taxes) of the principal amount of loan prepaid on the date of such part-prepayment.

  • Hybrid Flexi Loan/ Flexi Term Loan: NA

Bounce charges

In case of default of repayment instrument Rs. 1,000 per bounce will be levied

Annual maintenance charges

Term Loan - Not applicable

Flexi Hybrid Loan

  • Up to 0.59% (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 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.

Penal interest

Delay in payment of monthly instalment shall attract penal interest at the rate 42% per annum applicable on the monthly instalment outstanding, from the respective due date until the date of receipt of monthly instalment.

Mandate rejection charges

Rs. 450 per month from the first month of the due date for the mandate rejected by the customer’s bank until the new mandate is registered.

Legal, repossession and incidental charges

Up to Rs. 50,000 (inclusive of applicable taxes)

Stockyard charges

Up to Rs. 250 per day up to 60 days (inclusive of applicable taxes) 

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):

Scenario 1: Over and above the period of 30 days from the date of disbursement of the loan

Method of recovery of broken period interest/ pre-EMI interest:

For Term Loan, Flexi Hybrid Loan, Flexi Term Loan (Dropline Flexi): Added to first instalment amount.

Scenario 2: Less than period of 30 days from the date of disbursement of the loan, interest on first instalment will be charged for actual number of days.

NOC KIT

NA

NOL to convert from private to commercial or interstate transfer

Rs. 500 (inclusive of applicable taxes)

Duplicate NOC

Rs. 500 (inclusive of applicable taxes).

Loan rebooking charge

Rs. 1,000 (inclusive of applicable taxes) – In case of rebooking requested by customer

Loan cancellation charge

Rs. 2,360 (inclusive of applicable taxes) - In case of cancellation requested by customer. Interest till cancellation to be borne by customer.

Cancellation allowed till 90 days post disbursal date.