Fees and charges of all products

Types of fees

Charges applicable

Personal loan interest rates

13% onwards

Processing fees

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

Bounce charges

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

Penal interest

Any delay in payment of Monthly Instalment/ EMI shall attract penal interest at the rate of 2% to 4% per month on the Monthly Instalment/ EMI outstanding, from the date of default until the receipt of Monthly Instalment/ EMI.

Stamp duty

At actuals (as per state)

Loan variant

Charges

Term loan

4% plus applicable taxes on principal outstanding amount as on the date of such full pre-payment

Flexi term loan

4% plus applicable taxes on total withdrawable amount* (*total loan amount that you can withdraw under Flexi loan from time to time as per the repayment schedule) on the date of levy of such charges).

Flexi Hybrid loan

4% plus applicable taxes on total withdrawable amount* (*total loan amount that you can withdraw under Flexi loan from time to time as per the repayment schedule) on the date of levy of such charges).

Borrower type

Time period

Part-prepayment charges

All borrowers

More than one month from date of loan disbursal

2% + applicable taxes on part-payment amount paid*

Loan variant

Charges

Flexi term loan

0.25% plus applicable taxes, on the total withdrawable amount irrespective of utilisation on date of levy of such charges

Flexi Hybrid loan

0.25% plus applicable taxes, on the total withdrawable amount irrespective of utilisation on date of levy of such charges

Types of fees

Applicable charges

Rate of interest

6.75%* onwards

Processing fees

Up to Up to 7% of the loan amount (plus applicable taxes)

Bounce charges

Rs. 3,000 (Inclusive of applicable taxes)

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

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

Document processing charges

Rs. 1,710 to Rs. 2,360 (inclusive of applicable taxes)

Stamp duty

At actuals (as per State)

CERSAI charges

At actuals

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

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

Loan variant

Charges

Term loan

Nil

Flexi variant

0.25% plus applicable taxes of the total withdrawable amount (as per the repayment schedule) on the date of levy of such charge. Please note this is applicable only on Flexi Variant.

Floating rate of interest

Term loan

Flexi loan

Time period (months)

>1

>1

Full pre-payment (foreclosure) charges

Nil

Nil

Part pre-payment charges

Nil

Nil

Fixed rate of interest

Term loan

Flexi loan

Time period (months)

>1

>1

Full pre-payment (foreclosure) charges

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

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

Part pre-payment charges

Part pre-payment charges 2%* plus applicable taxes of the principal amount of loan prepaid on the date of such part pre-payment

Nil

Types of fees

Applicable charges

Rate of interest

17% p.a. onwards

Processing fees

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

Bounce charges

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

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

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

Document processing charges

Rs. 2,360 (Inclusive of all taxes)

Stamp duty

At actuals (as per State)

Loan variant

Charges

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

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

Flexi Hybrid loan

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

Loan variant

Charges

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

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

Flexi term loan

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

Flexi Hybrid loan

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

Borrower type

Time period

Part-prepayment charges

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

More than one month from date of loan disbursal.

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

Type of fees

Applicable charges

Interest rate

11% p.a. onwards

Documentation charges

Rs. 25 to Rs. 150 (inclusive of applicable taxes)

Stamp duty

At actuals (as per State)

Penal interest

3% per annum on Outstanding Balance

Foreclosure charges

Nil

Cash handling charges

Rs. 50 (inclusive of applicable taxes)

Part payment charges

Nil

Statement of account/ repayment schedule/ foreclosure letter/ no dues certificate/ interest certificate/ list of documents

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

Auction charges (inclusive of applicable taxes)

Demand notice 1 - Rs. 40
Demand notice 2 - Rs. 40
Auction notice - Rs. 40
Final auction notice - Rs. 40
Recovery charges - Rs. 500
Advertisement charges, armed guard charges - at actual

Types of fees

Applicable charges

Rate of interest

8.40%* p.a. onwards

Processing fees

Up to Up to 7% of the loan amount (Plus applicable taxes)

Bounce charges

Rs. 3,000 (inclusive of applicable taxes)

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

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

Document processing charges

Rs. 1,710 to Rs. 2,360 (inclusive of applicable taxes)

Stamp duty

At actuals (as per state)

CERSAI charges

At actuals

Statement of account/ repayment schedule/ foreclosure letter/ no dues certificate/ interest certificate/ list of documents

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

Loan variant

Charges

Term loan

Nil

Flexi variant

0.25% plus applicable taxes of the total withdrawable amount (as per the repayment schedule) on the date of levy of such charge. Please note this is applicable only on Flexi variant.

Floating rate of interest

Term loan

Flexi loan

“Loan can be foreclosed only after paying at least one EMI”

>1

>1

Full pre-payment (foreclosure) charges

4% + applicable taxes on the outstanding loan amount payable by the borrower on the date of such full pre-payment
(not applicable where borrower is an individual and loan is for purpose other than business)

4% +applicable taxes except where borrower is an individual and loan is for purpose other than business.
Charges levy on the total withdrawable
amount as per the repayment schedule, on the date of such full pre-payment.

Part pre-payment charges

2%* + applicable taxes of the principal amount of loan prepaid on the date of such part pre-payment (not applicable where borrower is an individual and loan is for purpose other than business)

NA

Fixed rate of interest

Term loan

Flexi loan

Loan can be foreclosed only after paying at least one EMI

>1

>1

Full pre-payment (foreclosure) charges

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

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

Part pre-payment charges

Part pre-payment charges 2% + applicable taxes of the principal amount of loan prepaid on the date of such part pre-payment

NA

Types of fees

Applicable charges

Rate of interest

9.99% p.a. onwards

Processing fees

1% to 4% of the loan amount outstanding (plus applicable taxes)

Stamp duty

At actuals (as per state)

Bounce charges

Rs. 3,000 (inclusive of applicable taxes)

Penal interest

2% per month on the amount of monthly instalment outstanding as on that date

Statement of account/ repayment schedule/ foreclosure letter/ no dues certificate/ interest certificate/ list of documents

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

Loan variant

Applicable charges

Flexi Hybrid

Annual maintenance charge will be applicable every year at 0.25% + applicable taxes of total withdrawable amount (as per the repayment schedule) on the date of levy such charges.

Charges

Flexi Hybrid loan (fixed/ floating rate of interest)

Time period (months)

>1

Full pre-payment (foreclosure) charges

4% +applicable taxes plus except where borrower is an individual and loan is for purpose other than business. Charges levy on the total withdrawable amount as per the repayment schedule, on the date of such full pre-pay.

Part pre-payment charges

Nil

Types of fees

Charges applicable

Interest rate

10% p.a. + applicable taxes

Processing fees

Rs. 1,000 + applicable taxes

Interest and principal statement charges

NIL

Foreclosure charges

NIL

Pre-payment charges

NIL

Bounce charges

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

Penal interest

2% per month + applicable taxes per month

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

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

Types of fees

Charges applicable

Processing fee

Up to 4% plus applicable taxes

Stamp duty

At actuals (as per State)

Documentation charges

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

Loan re-booking

Rs. 1,000 (Inclusive of applicable taxes)

Loan cancellation charges

Rs. 2,360 (Inclusive of applicable taxes)

Bounce charges

2,000 (Inclusive of applicable taxes)

Penal interest

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

Legal, repossession and incidental charges

At actuals

NDC for interstate transfer

Rs. 1,000 plus applicable taxes

NDC to convert from private to commercial

Rs. 3,000 plus applicable taxes

Duplicate NDC

Rs. 500 (Inclusive of all taxes)

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

Loan Variants

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

Part Payment Charges

Annual Maintenance Charges

Term loan

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

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

Not applicable

Flexi Hybrid

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

Not applicable

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

Types of fees

Charges applicable

Processing fee of conversion

Up to 4% plus applicable taxes

Stamp duty

At actuals (as per state)

Loan cancellation charges 

Rs. 2,360 (inclusive of applicable taxes)

 Bounce charges

Rs. 2,000 (Inclusive of applicable taxes)

Penal interest

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

Legal, repossession and incidental charges

At actuals

NDC for interstate transfer

Rs. 1,000 plus applicable taxes

NDC to convert from private to commercial

Rs. 3,000 plus applicable taxes

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

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

Part payment charges

Nil

Annual maintenance charges

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

Duplicate NDC

Rs. 500 (inclusive of taxes)

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

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

Types of fees

Charges applicable

Rate of interest

14% - 17% p.a.

Processing fee

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

Penal interest

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

Document processing charges

Rs. 2,360 (Inclusive of applicable taxes)

Bounce charges

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

Stamp duty

At actuals (as per state)

Loan variant

Charges

Flexi term loan

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

Flexi Hybrid loan

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

Loan variant

Charges

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

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

Flexi term loan

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

Flexi Hybrid loan

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

Borrower type

Time period

Part-prepayment charges

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

More than one month from date of loan disbursal

2% plus applicable taxes on part-payment amount paid

Types of fees

Applicable charges

Interest rate

14% to 17% p.a.

Processing fee

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

Bounce charges

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

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

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

Document processing charges

Rs. 2,000 plus applicable taxes

Stamp duty

At actuals (as per state)

Loan variant

Charges

Flexi term loan

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

Flexi Hybrid loan

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

Loan variant

Charges

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

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

Flexi term loan

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

Flexi Hybrid loan

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

Borrower type

Time period

Part-prepayment charges

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

More than one month from date of loan disbursal.

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

Tenor in months

Minimum deposit (in Rs.)

Cumulative

Non-cumulative

Monthly

Quarterly

Half-yearly

Annual

12 – 23

25,000

5.75% p.a.

5.60% p.a.

5.63% p.a.

5.67% p.a.

5.75% p.a.

24 – 35

6.40% p.a.

6.22% p.a.

6.25% p.a.

6.30% p.a.

6.40% p.a.

36 - 60

7.00% p.a.

6.79% p.a.

6.82% p.a.

6.88% p.a.

7.00% p.a.

Tenor in months

Minimum deposit (in Rs.)

Cumulative

Non-cumulative

Monthly

Quarterly

Half Yearly

Annual

12 – 23

25,000

6.00% p.a.

5.84% p.a.

5.87% p.a.

5.91% p.a.

6.00% p.a.

24 – 35

6.65% p.a.

6.46% p.a.

6.49% p.a.

6.54% p.a.

7.25% p.a.

36 - 60

7.25% p.a.

7.02% p.a.

7.06% p.a.

7.12% p.a.

7.25% p.a.

Types of fees

Charges applicable

Joining fee

Rs. 499 + GST

Annual fee

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

Add-on card fees

Nil

Foreign currency transaction**

3.5% + GST

Cash payment at branches

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

Surcharge on purchase/ cancellation of railway tickets

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

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

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

Reward redemption fees

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

Cash advance transaction fee

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

Overdue interest on extended credit

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

Overdue interest on secured credit cards

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

Overdue penalty/ late payment

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

Over-limit penalty

Rs. 600 + GST

Finance charges (retail purchases and cash)

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

Call-a-draft fee

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

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

Nil (recently updated)

Duplicate statement fee

Nil (recently updated)

Charge slip retrieval/ copy fee

Rs. 100 + GST

Outstation cheque fee

Rs. 100 + GST

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

Rs. 500 + GST

Types of fees

Charges applicable

Annual fee

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

Add-on card fees

NIL

Foreign currency transaction**

3.5% + GST

Cash payment at branches

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

Surcharge on purchase/ cancellation of railway tickets

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

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

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

Reward redemption fees

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

Cash advance transaction fee

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

Overdue interest on extended credit

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

Overdue interest on secured credit cards

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

Overdue penalty/ late payment

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

Over-limit penalty

Rs. 600 + GST

Finance charges (retail purchases and cash)

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

Call-a-draft fee

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

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

Nil (recently updated)

Duplicate statement fee

Nil (recently updated)

Charge slip retrieval/ copy fee

Rs. 100 + GST

Outstation cheque fee

Rs. 100 + GST

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

Rs. 500 + GST

Types of fees

Charges applicable

Joining fee

Rs. 999 + GST

Annual fee

Rs. 999 + GST

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

Add-on card fees

Nil

Foreign currency transaction**

3.5% + GST

Cash payment at branches

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

Surcharge on purchase/ cancellation of railway tickets

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

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

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

Reward redemption fees

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

Cash advance transaction fee

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

Overdue interest on extended credit

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

Overdue interest on secured credit cards

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

Overdue penalty/ late payment

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

Over-limit penalty

Rs. 600 + GST

Finance charges (retail purchases and cash)

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

Call-a-draft fee

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

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

Nil (recently updated)

Duplicate statement fee

Nil (recently updated)

Charge slip retrieval/ copy fee

Rs. 100 + GST

Outstation cheque fee

Rs. 100 + GST

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

Rs. 500 + GST

Types of fees

Charges applicable

Annual fee

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

Add-on card fees

Nil

Foreign currency transaction**

3.5% + GST

Cash payment at branches

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

Surcharge on purchase/ cancellation of railway tickets

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

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

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

Reward redemption fees

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

Cash advance transaction fee

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

Overdue interest on extended credit

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

Overdue interest on secured credit cards

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

Overdue penalty/ late payment

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

Over-limit penalty

Rs. 600 + GST

Finance charges (retail purchases and cash)

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

Call-a-draft fee

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

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

Nil (recently updated)

Duplicate statement fee

Nil (recently updated)

Charge slip retrieval/ copy fee

Rs. 100 + GST

Outstation cheque fee

Rs. 100 + GST

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

Rs. 500 + GST

Types of fees

Charges applicable

Joining fee

Rs. 2,999 + GST

Annual fee

Rs. 2,999 + GST

Renewal fee

Rs. 2,999 + GST

Add-on card fees

Nil

Foreign currency transaction**

3.5% + GST

Cash payment at branches

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

Surcharge on purchase/ cancellation of railway tickets

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

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

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

Reward redemption fees

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

Cash advance transaction fee

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

Overdue interest on extended credit

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

Charge slip retrieval/ copy fee

Rs. 100

Overdue interest on secured credit cards

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

Overdue penalty/ late payment

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

Over-limit penalty

Rs. 600 + GST

Finance charges (retail purchases and cash)

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

Call-a-draft fee

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

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

Nil (recently updated)

Duplicate statement fee

Nil (recently updated)

Charge slip retrieval/ copy fee

Rs. 100 + GST

Outstation cheque fee

Rs. 100 + GST

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

Rs. 500 + GST

Types of fees

Charges applicable

Joining fee

Rs. 4,999 + GST

Annual fee

Rs. 4,999 + GST

Add-on card fees

Nil

Foreign currency transaction**

3.5% + GST

Cash payment at branches

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

Surcharge on purchase/ cancellation of railway tickets

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

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

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

Reward redemption fees

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

Cash advance transaction fee

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

Overdue interest on extended credit

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

Overdue interest on secured credit cards

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

Overdue penalty/ late payment

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

Over-limit penalty

Rs. 600 + GST

Finance charges (retail purchases and cash)

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

Call-a-draft fee

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

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

Nil (recently updated)

Duplicate statement fee

Nil (recently updated)

Charge slip retrieval/ copy fee

Rs. 100 + GST

Outstation cheque fee

Rs. 100 + GST

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

Rs. 500 + GST

Types of fees

Charges applicable

Joining fee

Rs. 999 + GST

Annual fee

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

Add-on card fee

Nil

Foreign currency transaction**

3.5% + GST

Cash payment at branches

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

Surcharge on purchase/ cancellation of railway tickets

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

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

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

Reward redemption fees

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

Cash advance transaction fee

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

Overdue interest on extended credit

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

Overdue interest on secured credit cards

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

Overdue penalty/ late payment

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

Over-limit penalty

Rs. 600 + GST

Finance charges (retail purchases and cash)

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

Call-a-draft fee

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

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

Nil (recently updated)

Duplicate statement fee

Nil (recently updated)

Charge slip retrieval/ copy fee

Rs. 100 + GST

Outstation cheque fee

Rs. 100 + GST

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

Rs. 500 + GST

Personal indemnity insurance* + annual fee

Rs. 4,999 + GST

EMI NETWORK CARD

EMI Network card Fee

Rs. 530/- (Inclusive of applicable taxes)

Add-on Card Fee

Rs. 199/- (Inclusive of applicable taxes)

Convenience Fee

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

Loan Enhancement Fees

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

Mandate Registration Charges

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

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

NACH/ Cheque Bounce Charges

Rs. 450/- (Inclusive of applicable taxes)

Mandate Rejection Charges

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

Penal interest

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

Annual Fee

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

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

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

Type of fees*

Minimum

Maximum

Processing fees

Nil

Rs. 1,078

Penal interest

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

Bounce charges

Rs. 450 (inclusive of taxes)

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

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

CIBIL TransUnion report fees

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

Types of fees

Charges applicable

Health EMI Card Network Card fee - Gold

Rs. 707 (inclusive of applicable taxes)

Health EMI Card Network Card fee - Platinum

Rs. 999 (inclusive of applicable taxes)

Mandate registration charges

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

Bank of Maharashtra

Development Credit Bank Limited

IDFC Bank

Karnataka Bank Limited

Punjab & Sind Bank

Rajkot Nagarik Sahakari Bank Limited

Tamilnad Mercantile Bank Limited

UCO Bank

Indian Overseas Bank

United Bank of India

NACH/ Cheque bounce charges

Rs. 450 (inclusive of applicable taxes)

Mandate rejection charges

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

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

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

Penal interest charges

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

Annual fee

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

INSTA EMI CARD

EMI Network card Fee

Rs. 530/- (Inclusive of applicable taxes)

Add-on Card Fee

Rs. 199/- (Inclusive of applicable taxes)

Convenience Fee

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

Loan Enhancement Fees

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

Mandate Registration Charges

Rs. 118/- (Inclusive of applicable taxes)

NACH/ Cheque Bounce Charges

Rs. 450/- (Inclusive of applicable taxes)

Mandate Rejection Charges

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

Penal interest

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

Annual Fee

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

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

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

Bounce charges

Rs. 450 (Inclusive of taxes)

Penal interest

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

Foreclosure charges

Nil

Foreclosure charges (only after 1st EMI payment)

2% on loan outstanding amount as on date plus the applicable taxes.

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

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

Bounce charges of the repayment instrument(s)

In case of default because of the repayment instrument(s) being dishonoured, BFL shall charge Rs. 450 (incl. taxes) (Rupees Four Hundred Fifty Only) per month/per default towards its dishonour.

Rate of interest

Insta credit of Rs. 5,000 -: 28% (p.a.)
Insta credit of Rs. 7,000 -: 19% (p.a.)
Insta credit of Rs. 10,000-: 13% (p.a.)

Penal interest

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

Bajaj Finserv Wallet – Fees and Charges

Service

Charges (Rs.)

Account opening

Rs. 0

Load money

Charges (Rs.)

Through credit card

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

Through debit card

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

Through UPI

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

Through Net Banking

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

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

Payment

Charges (Rs.)

Payment at merchant

Rs. 0

Payment to utility bill/ recharges/ DTH

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

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

Transfer

Charges (Rs.)

Bajaj Pay Wallet to wallet

Rs. 0

Bajaj Pay Wallet (full KYC only) to bank

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

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

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

Types of fees

Charges applicable

Rate of interest

12.5 % p.a. onwards

Processing fee

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

Penal interest

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

Bounce charges

Rs. 2,000 inclusive of applicable taxes

Document processing charges

Rs. 2,360 (Inclusive of applicable taxes)

Property insight

Rs. 6,999 inclusive of applicable taxes

Stamp duty

At actuals (as per state)

Details

Charges

Flexi Term loan

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

Flexi Hybrid loan

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

Loan variant

Applicable charges

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

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

Flexi term loan

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

Flexi Hybrid loan

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

Borrower type

Time period

Part-prepayment charges

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

More than one month from date of loan disbursal.

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

Types of fees

Applicable charges

Rate of interest

17% p.a. onwards

Processing fees

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

Penal interest

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

Bounce charges

Rs. 2,000 inclusive of applicable taxes

Document processing charges

Rs. 2,360 plus applicable taxes

Property insight

Rs. 6,999 inclusive of applicable taxes

Stamp duty

At actuals (as per state)

Loan variant

Charges

Flexi term loan

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

Flexi Hybrid loan

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

Loan variant

Applicable charges

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

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

Flexi term loan

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

Flexi Hybrid loan

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

Borrower type

Time period

Part-prepayment charges

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

More than one month from date of loan disbursal.

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

Types of fees

Charges applicable

Rate of interest

Starting 10.49% to 16%

Processing fees

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

Stamp duty/ legal, repossession and incidental charges

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

Bounce charges

Rs. 3,000 (inclusive of applicable taxes)

Legal, repossession and incidental charges

At actuals

Penal interest

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

Part pre-payment charges

Nil

Full Pre-payment (Foreclosure) Charges

Nil

For Flexi Hybrid loan AMC charges

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