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All Products - Fees and Charges

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Personal Loan - Fees and Charges

Bajaj Finserv offers attractive interest rates on personal loans up to Rs.25 lakh that can help you meet a range of financial requirements. Get collateral-free loans, with minimum documentation, flexible tenor and disbursal within 24 hours of approval.
With Bajaj Finserv Personal Loan, you do not have to worry about any hidden fees or charges. Here are more details on the personal loan interest rates and charges:
Types of Fees Charges Applicable
Personal Loan Interest Rates 12.99% onwards
Processing fees Up to 4.13% of the loan amount (plus applicable taxes)
Bounce Charges Rs. 600 - 1200 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. Recently updated
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 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.

Personal Loan Foreclosure Charges

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).

Personal Loan Part-prepayment Charges

Borrower Type Time Period Part-Prepayment Charges
All borrowers More than 1 month from date of loan disbursal 2% + applicable taxes on part-payment amount paid*

*Part-prepayment made should be more than 1 EMI.

*These charges not applicable for Flexi Loan facility.

Annual/Additional Maintenance Charges

Loan Variant Charges
Flexi Term Loan 0.25% plus applicable taxes, on the total withdrawable amount irrespective of utilization on date of levy of such charges
Flexi Hybrid Loan 0.25% plus applicable taxes, on the total withdrawable amount irrespective of utilization on date of levy of such charges

*These charges will be levied annually.
 

Quarterly Maintenance Charges :

Term Loan: Nil
Flexi Term & Flexi Hybrid Loan:

  1. For the month in which Loan amount has been disbursed (“Disbursal Month”): Nil
  2. For three (3) months after the Disbursal Month: 0.08% (plus applicable taxes) on the Total Withdrawable Amount. The same would be levied post completion of the said 3 months period.
  3. Post three (3) months (after completion of 3 months period as mentioned In clause ii above), for each quarter:
  1. 0.08% (plus applicable taxes) on the Total Withdrawable Amount, in case utilization of facility is equal to or more than 20%. The same would be levied post completion of every calendar quarter.
  2. 0.15% (plus applicable taxes) on the Total Withdrawable Amount, in case utilization of facility is less than 20%, The same would be levied post completion of every calendar quarter.

Home Loan - Fees and Charges

Bajaj Finserv gives you one of the lowest home loan interest rates in India, and clear and transparent charges on your home loan. Knowing home loan rates in advance helps you to calculate home loan EMIs easily, and thus plan your finances and repayment better. With one of the best housing loan interest rate in India, Bajaj Finserv housing loans are affordable and easy to repay. Here is a list of our current home loan interest rate and charges. You also get home loan interest tax benefit up to Rs. 2 lakh, under Section 24 of the Income Tax Act. You also get home loan tax benefit up to Rs. 50,000 under Section 80EE of the Income Tax Act.

 

Types of Interest Rates & Fees Charges Applicable
Promotional Interest Rate for Salaried 8.10%** onwards
Regular Housing Loan Interest Rate (Salaried) BFL-SAL FRR* – Margin = 9.05% to 10.30% (For Salaried)
Regular Housing Loan Interest Rate (Self Employed) BFL-SE FRR* – Margin = 9.35% - 11.15%
*BFL-SAL FRR (Bajaj Finance Limited Floating Reference Rate for Salaried customers) 20.90%
*BFL-SE FRR (Bajaj Finance Limited Floating Reference Rate for Self Employed customers) 20.90%
** Loan up to 30 Lakhs
BFL FRR for cases booked prior to 20 June 2018 was 12.95%
Other Fees and Charges Charges Applicable
Processing fees Up to 0.80% (for salaried individuals)
Up to 1.20% (for self-employed individuals)
Loan statement charges Rs. 50
Interest and principal statement charges NIL
EMI bounce charges Rs. 3,000
Penal interest 2% per month + taxes applicable taxes
Secure fee Rs. 9999 (One time)
Mortgage origination fee Rs.1,999 (non-refundable)

Bajaj Finserv Home Loans also come with transparent foreclosure charges and part-prepayment charges. Knowing the foreclosure charges and part-prepayment charges on your home loan helps you plan your repayment better. Moreover, if you are an individual borrower with a floating interest home loan, you do not have to pay any foreclosure charges or part-prepayment charges on your housing loan.

Home Loan Foreclosure Charges

Borrower Type: Interest Type Time Period (Months) Foreclosure charges
Individual: Floating rate >1 Nil
Non-individual: Floating rate >1 4% + applicable taxes
All borrowers: Fixed rate >1 4% + applicable taxes

For Term Loan, charges are calculated on the outstanding principal.

For Flexi Interest-only Loan, charges are calculated on the sanctioned limit.

For Flexi Term Loan, charges are calculated on the current dropline limit.

Home Loan Part - Prepayment Charges

Borrower Type: Interest Type Time Period (Months) Foreclosure charges
Individual: Floating rate >1 Nil
Non-individual: Floating rate >1 2% + applicable taxes
All borrowers: Fixed rate >1 2% + applicable taxes

Part-prepayment made should be more than 1 EMI.

These charges not applicable for the Flexi Interest-only Loan and Flexi Term Loan facilities.

 


Home Loan Transfer - Fees and Charges

Types of Fees Charges Applicable
Processing fees Upto 1%
Loan statement charges Rs. 50
Interest and principal statement charges NIL
PDC swap charges NIL
Penal interest 2% per month + applicable taxes
EMI bounce charges* Up to Rs. 3,000/-

*Applicable following 1st EMI clearance


Dealer Banker Home Loan - Fees and Charges

Fees & Charges for Dealer Banker Home Loan are as follows-

Types of Fees Applicable Charges
Rate of interest 9% p.a. onwards
Processing fees Up to 2% of the loan amount (plus applicable taxes)
Bounce charges Rs.3000 (Inclusive of applicable taxes)
Penal interest (Applicable in case of non-payment of monthly Instalment on/before the Due - Date) 2% per month
Document processing charges Rs. 1710 (Inclusive of applicable taxes)
Stamp duty at actuals
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 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.

Annual/Additional Maintenance Charges

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.

Pre-payment Charges

Pre-payment Charges will be applicable to the Loan/s availed by the Borrower as per the details mentioned below:
 

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

Business Loan - Fees and Charges

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

Types of Fees Applicable Charges
Rate of interest 18% p.a. onwards
Processing fees Up to 2% of the loan amount (Plus 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 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.
Bounce charges Upto 3000 (Inclusive of applicable taxes)
Penal interest (Applicable in case of non-payment of monthly Instalment on/before the Due - Date) 2% per month
Document processing charges (Recently Updated) Rs. 2000 + applicable taxes

Annual/Additional Maintenance Charges

Loan Variant Charges
Flexi Term Loan 0.25% plus applicable taxes of the Total Withdrawable Amount (as per the repayment schedule) on the date of levy of such charges.
Flexi Hybrid Loan 1.0% plus applicable taxes of the Total Withdrawable Amount during initial tenure. 0.25% plus applicable taxes of the Total Withdrawable Amount during subsequent tenor.
Note: Annual/Additional Maintenance Charge is deducted upfront every year for the complete tenor of the loan.

Foreclosure Charges

Loan Variant Charges
Loan (Term Loan/Advance EMI/ Step-Up Structured Monthly Instalment/ Step-Down Structured Monthly Instalment) 4% + applicable taxes on the outstanding loan amount payable by the Borrower on the date of such full Pre-Payment
Flexi Term Loan 4% plus applicable taxes of the Total Withdrawable Amount as per the repayment schedule, on the date of such full Pre-Payment.
Flexi Hybrid Loan 4% plus applicable taxes of the Total Withdrawable Amount as per the repayment schedule, on the date of such full Pre-Payment.

Part-Prepayment Charges

Borrower Type Time Period Part-Prepayment Charges
Not applicable if the Borrower is an Individual and the Loan is availed on floating interest rate and not applicable for Flexi Term Loan/Hybrid Flexi variant More than 1 month from date of loan disbursal. 2% + applicable taxes on part-payment amount paid./td>

Gold Loan - Fees and Charges

Types of Fees Applicable Charges
Interest rate 12% p.a. onwards
Processing fee Rs.25 to 100 Inclusive of taxes
Part payment NIL
Foreclosure NIL
Penal interest 3 % (Exclusive of 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 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.

Loan Against Property - Fees and Charges

Avail a Bajaj Finserv Loan Against Property at affordable interest rates. There are no hidden charges involved.
Here is a list of the rates and charges of Loan Against Property.

For Salaried

LAP (Loan Against Property) = BFL-SAL FRR* – Margin = 9.70% to 11.50%

*BFL-SAL FRR (Bajaj Finance Limited Floating Reference Rate for Salaried customers) – 20.80%

For Self-employed

LAP (Loan Against Property) = BFL-SE FRR* – Margin = 10.50% to 14.50%

*BFL-SE FRR (Bajaj Finance Limited Floating Reference Rate for Self Employed customers) – 20.80%

BHFL FRR for cases booked prior to April 2018 was 12.95%

Types of Fees Charges Applicable
Processing fees Up to 1.5%
Loan statement charges Rs. 50
Interest and principal statement charges NIL
EMI bounce charges Up to Rs.3,000/-
Penal interest Up to 2% per month + applicable taxes
Mortgage origination fee Up to Rs.4,999 (One time)

*Applicable following 1st EMI clearance.

Foreclosure Charges

Borrower type: Interest type Time (Months) Foreclosure charges
Individual: Floating rate >1 Nil
Non-individual: Floating rate >1 4% + applicable taxes
All borrowers: Fixed rate >1 4% + applicable taxes

- For Term Loan, charges will be calculated on the outstanding principal.

- For Flexi Interest-only Loan, charges will be calculated on the sanctioned limit.

- For Flexi Term Loan, charges are calculated on the current dropline limit.

Part-prepayment Charges

Borrower type: Interest type Time (Months) Part-prepayment charges
Individual: Floating rate >1 Nil
Non-individual: Floating rate >1 2% + applicable taxes
All borrowers: Fixed rate >1 2% + applicable taxes

- Part-prepayment made should be more than 1 EMI.

- These charges are not applicable for the Flexi Interest-only Loan and Flexi Term Loan facilities.


Dealer Banker LAP Loan - Fees and Charges

Fees & Charges for Dealer Banker LAP loan are as follows-

Types of Fees Applicable Charges
Rate of interest 9.99% p.a. onwards
Processing fees Up to 2% of the loan amount (plus applicable taxes)
Bounce charges Rs.3000 (Inclusive of applicable taxes)
Penal interest (Applicable in case of non-payment of monthly Instalment on/before the Due - Date) 2% per month
Document processing charges Rs. 1710 (Inclusive of applicable taxes)
Stamp duty at actuals
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 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.

Annual/Additional Maintenance Charges

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.

Pre-payment Charges

Pre-payment Charges will be applicable to the Loan/s availed by the Borrower as per the details mentioned below:
 

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

Fees & Charges of flexi conversion for Dealer Banker LAP loan are as follows-

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
Bounce charges Rs.3000 (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 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.

Annual/Additional Maintenance Charges

Loan Variant Applicable Charges
Hybrid Flexi Annual Maintenance Charge will be applicable every year @0.25%+ Applicable taxes of Total withdrawable amount (as per the repayment schedule) on the date of levy such charges.

Prepayment Charges

Charges Hybrid Flexi 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

Lease Rental Discounting - Fees and Charges

Here are the charges that apply to Lease Rental Discounting from Bajaj Finserv:

Types of Fees Charges Applicable
Rate of Interest BFL- I-FRR*– Margin = 9.75% to 13%
BFL- I-FRR* – 20.80% (Bajaj Finance Limited Floating Reference Rate for Institutional Finance cases)
Processing fees Up to 2% of the loan amount
Loan statement charges NIL
Interest and principal statement charges NIL
PDC swap charges NIL
Bounce charges Rs. 3600 per bounce
Penal interest 2% per month + applicable taxes

Lease rental discounting is a great way to generate funds from owned assets and use them for further investments. Read on to know more about other benefits associated with it:

Part-prepayment Charges

At times when you have some extra cash in hand, you can choose to pre-pay a part of your loan amount which would in turn reduce your overall tenure/EMIs.

Part prepayment charges will be applicable if you choose to prepay more than 25% of your sanctioned loan amount. However, no charges will be applicable for part prepayments done up to 25% of the loan amount in a financial year. This facility is allowed post clearance of your first EMI. After 48 months there will be no charges. Refer to the table mentioned below:

Part-prepayment Charges

Borrower type   Interest type Time (Months)
Individual Floating rate >1 Nil
Non-individual Floating rate >1 2% + applicable taxes
All borrowers Fixed rate >1 2% + applicable taxes

The amount of part-prepayment made should be more than 1 EMI.
These charges are not applicable for the Flexi Interest-only Loan and Flexi Term Loan facilities.

Foreclosure Charges

Borrower type: Interest type Time (Months) Foreclosure charges
Individual: Floating rate >1 Nil
Non-individual: Floating rate >1 4% + applicable taxes
All borrowers: Fixed rate >1 4% + applicable taxes

- For Term Loan, charges will be calculated on the outstanding principal.

- For Flexi Interest-only Loan, charges will be calculated on the sanctioned limit.

- For Flexi Term Loan, charges are calculated on the current dropline limit.


Loan Against Securities - Fees and Charges

Types of Fees Charges Applicable
Interest rate 9.50% to 12% p.a
Processing fees 0.10*% - 1% of the loan amount
Interest and principal statement charges NIL
Foreclosure charges NIL
Pre-payment charges NIL
Bounce Charges Rs.1200 per bounce (Inclusive of applicable taxes)
Penal interest 2% 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 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.

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


Used Car Finance - Fees & Charges

Types of Fees Charges Applicable
Processing fee Upto 4% plus applicable taxes
Stamp duty at actuals
Documentation charges (Recently Updated) Rs. 1770 (Inclusive of applicable taxes)
Loan re-booking Rs. 1000 (Inclusive of applicable taxes)
Loan cancellation charges (Recently Updated) Rs. 2360 (Inclusive of applicable taxes)
Bouncing charges (Recently Updated) Rs. 2000 (Inclusive of applicable taxes)
Penal charges 2% per month
Legal, repossesion and incidental charges at actuals
NDC for interstate transfer Rs. 1000 + applicable taxes
NDC to convert from private to commercial Rs. 3000 + applicable taxes
Duplicate NDC Rs. 500(Inclusive of taxes)
Statement Of Account/ Repayment Schedule/Foreclo- sure Letter/ Interest Certifi- cate/List of documents Download your e-statements/letters/certificates at no extra cost by logging into Customer Portal – Experia. You can get a physical copy of your statements/letters/certificate s/List of
Documents from any of our branches at a charge of Rs. 50/- (Inclusive of applicable taxes) per statement/letter/certificate.

PREPAYMENT CHARGES AND ANNUAL MAINTENANCE CHARGES-

Loan Variants Full Pre-Payment (Foreclosure) Charges Part Payment Charges Annual Maintenance Charges
Term Loan 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 principal amount of Loan prepaid on the date of such part Pre-Payment Not Applicable
Hybrid Flexi 4% + applicable taxes of the total withdrawable amount as per the repayment schedule, during initial and subsequent tenure on the date of such full pre-payment Not Applicable Initial Tenure: (a) For 1st Year of initial tenor: Nil (b) For 2nd year of initial tenor: 1.25% + applicable taxes of Total Withdrawable Amount, which will be charged at the beginning of year. Subsequent Tenure: 0.25 + applicable taxes of Total Withdrawable Amount, which will be charged at the beginning of year.

Fees & Charges of UCF flexi conversion loan are as follows-

Types of fees Charges applicable
Processing fee of conversion Upto 4% plus applicable taxes
Stamp duty at actuals
Loan cancellation charges  Rs. 2360 (Inclusive of applicable taxes)
Bouncing charges Rs. 2000 (Inclusive of applicable taxes)
Penal charges 2% per month on the amount of monthly instalment outstanding as on that date
Legal, repossession and incidental charges at actuals
NDC for interstate transfer Rs. 1000 + applicable taxes
NDC to convert from private to commercial Rs. 3000 + applicable taxes
Full Pre-Payment (Foreclosure) Charges 4% of the total withdrawable amount plus applicable taxes as per the repayment schedule, during initial and subsequent tenure on the date of such full pre-payment
Part payment charges Nil
Annual Maintenance Charges Initial Tenure:
(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 Tenure: 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/Foreclo- sure Letter/ Interest Certifi- cate/List of documents Download your e-statements/letters/certificates at no extra cost by logging into Customer Portal – Experia. You can get a physical copy of your statements/letters/certificate s/List of Documents from any of our branches at a charge of Rs. 50/- (Inclusive of applicable taxes) per statement/letter/certificate.

Loan for Doctors - Fees & Charges

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

The following fees and charges are applicable on a Personal Loan and Business Loan for Doctors:

Types of Fees Charges Applicable
Rate of interest 14-16% p.a.
Processing fee Up to 2 % of the loan amount (Plus 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 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.
Penal interest 2% per month
Document processing charges (Recently Updated) Rs. (1449 to 2000 ) Plus Applicable taxes
Bounce Charges Upto 3000 (Inclusive of applicable taxes)

Annual/Additional Maintenance Charges

Loan Variant Charges
Flexi Term Loan 0.25% plus applicable taxes of the Total Withdrawable Amount (as per the repayment schedule) on the date of levy of such charges.
Flexi Hybrid Loan 0.25 to 0.5% plus applicable taxes of the Total Withdrawable Amount during initial tenure. 0.25% plus applicable taxes of the Total Withdrawable Amount during subsequent tenor.

Foreclosure Charges

Loan Variant Charges
Loan (Term Loan/Advance EMI/ Step-Up Structured Monthly Instalment/ Step-Down Structured Monthly Instalment) 4% + applicable taxes on the outstanding loan amount payable by the Borrower on the date of such full Pre-Payment
Flexi Term Loan 4% plus applicable taxes of the Total Withdrawable Amount as per the repayment schedule, on the date of such full Pre-Payment.
Flexi Hybrid Loan 4% plus applicable taxes of the Total Withdrawable Amount as per the repayment schedule, on the date of such full Pre-Payment.

Part-Prepayment Charges

Borrower Type Time Period Part-Prepayment Charges
Not applicable if the Borrower is an Individual and the Loan is availed on floating interest rate and not applicable for Flexi Term Loan/Hybrid Flexi variant More than 1 month from date of loan disbursal. 2% + applicable taxes on part-payment amount paid.

Chartered Accountant Loan - Fees & Charges

Fees & Charges for Business Loan for Chartered Accountant are as follows-

Types of Fees Applicable Charges
Interest rate 14 to 17% p.a
Processing fee Up to 2 % of the loan amount (Plus Applicable Taxes))
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 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.
Bounce charges Upto 3000 (Inclusive of applicable taxes)
Penal interest (Applicable in case of non-payment of monthly instalment on/before the due date) 2% per month
Document processing charges (Recently Updated) Rs. (1449 to 2000 ) Plus Applicable taxes

Annual/Additional Maintenance Charges -

Loan Variant Charges
Flexi Term Loan 0.25% plus applicable taxes of the Total Withdrawable Amount (as per the repayment schedule) on the date of levy of such charges.
Flexi Hybrid Loan 0.25 to 0.5% plus applicable taxes of the Total Withdrawable Amount during initial tenure. 0.25% plus applicable taxes of the Total Withdrawable Amount during subsequent tenor.

Foreclosure Charges

Loan Variant Charges
Loan (Term Loan/Advance EMI/ Step-Up Structured Monthly Instalment/ Step-Down Structured Monthly Instalment) 4% + applicable taxes on the outstanding loan amount payable by the Borrower on the date of such full Pre-Payment
Flexi Term Loan 4% plus applicable taxes of the Total Withdrawable Amount as per the repayment schedule, on the date of such full Pre-Payment.
Flexi Hybrid Loan 4% plus applicable taxes of the Total Withdrawable Amount as per the repayment schedule, on the date of such full Pre-Payment.

Part-Prepayment Charges

Borrower Type Time Period Part-Prepayment Charges
Not applicable if the Borrower is an Individual and the Loan is availed on floating interest rate and not applicable for Flexi Term Loan/Hybrid Flexi variant More than 1 month from date of loan disbursal. 2% + applicable taxes on part-payment amount paid.

Engineer Loan - Fees & Charges

Salaried and self-employed engineers can get a Loan for Engineers by paying the following basic fees and charges:

Types of Fees Charges Applicable
Interest rate 14-16% p.a. for salaried professionals
16-19% p.a. for self-employed individuals
Processing fee 2% onwards of the loan amount (Plus 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 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.
Bounce charges Upto 3000 (Inclusive of applicable taxes)
Penal interest (Applicable in case of non-payment of monthly instalment on/before the due date) 2% per month
Document processing charges (Recently Updated) Rs. (1449 to 2000 ) Plus Applicable taxes

Annual/Additional Maintenance Charges

Loan Variant Charges
Flexi Term Loan 0.25% plus applicable taxes of the Total Withdrawable Amount (as per the repayment schedule) on the date of levy of such charges.
Flexi Hybrid Loan 0.25 to 0.5% plus applicable taxes of the Total Withdrawable Amount during initial tenure. 0.25% plus applicable taxes of the Total Withdrawable Amount during subsequent tenor.

Foreclosure Charges

Loan Variant Charges
Loan (Term Loan/Advance EMI/ Step-Up Structured Monthly Instalment/ Step-Down Structured Monthly Instalment) 4% + applicable taxes on the outstanding loan amount payable by the Borrower on the date of such full Pre-Payment
Flexi Term Loan 4% plus applicable taxes of the Total Withdrawable Amount as per the repayment schedule, on the date of such full Pre-Payment.
Flexi Hybrid Loan 4% plus applicable taxes of the Total Withdrawable Amount as per the repayment schedule, on the date of such full Pre-Payment.

Part prepayment charge

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 1 month from date of loan disbursal 2% + applicable taxes on part-payment amount paid*

Fixed Deposit - Fees and Charges

Investing in a Bajaj Finance Fixed Deposit can help you get guaranteed returns, so you can grow your savings easily. With the highest credibility ratings by CRISIL and ICRA, you can safeguard your savings easily and choose your tenure and payout frequency.

With Bajaj Finance Fixed Deposit, multiply your savings easily and choose your tenure as per your convenience. Here are more details on the interest rates offered:    

For new customers:

Annual rate of interest valid for deposits up to Rs.5 crore (w.e.f 04 Jul 2020)

Tenure in Months Minimum deposit (in Rs.) Cumulative Non-Cumulative
Monthly Quarterly Half Yearly Annual
12 – 23 25,000 6.90% 6.69% 6.73% 6.79% 6.90%
24 – 35 7.00% 6.79% 6.82% 6.88% 7.00%
36 - 60 7.10% 6.88% 6.92% 6.98% 7.10%

Rate benefits basis customer category (w.e.f. 04 Jul 2020):

+ 0.25% for senior citizens
+ 0.10% for online customer

Renewal:

+0.10% over and above the rate of interest at which the deposit is booked
 


Platinum Choice SuperCard - Fees & Charges

Types of Fees Charges Applicable
Joining fee Rs. 499+GST
Annual fee Rs. 499+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 Effective 1st June’2018
Surcharge on Purchase / Cancellation of Railway Tickets IRCTC Service charges * + Payment Gateway. Transaction charge [Upto 1.8%+GST of (ticket amount +IRCTC service charge).
Fuel Transaction Charge - for transaction made at petrol pumps to purchase fuel^ 1% +GSTSurcharge 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 Upto 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 (Min Rs. 50+GST, Max Rs. 1000+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) Rs. 200+GST
Duplicate Statement Fee Rs. 100+GST
Charge Slip Retrieval / Copy Fee Rs. 100+GST
Outstation Cheque Fee Rs. 100+GST
Cheque Return / Dishonour Fee Auto debit Reversal-Bank Account out of funds Rs. 500+GST

All the above charges are subject to change under various marketing programs. The cardmember will be informed about these changes.
^ The surcharge is applicable on minimum fuel transactions of Rs. 500 and maximum of Rs. 4000. Maximum surcharge waiver is Rs. 100 for Platinum SuperCards, Rs. 200 for World Plus SuperCard and Rs. 150 for all other World SuperCards.
* Refer to IRCTC website for details
** Transactions at merchant establishments that are registered overseas even if the merchant is located in India attract a cross border charge
 


Platinum Choice First-Year-Free SuperCard - Fees & Charges

Types of Fees Charges Applicable
Annual fee Rs. 499+GST
Add-on Card Fees NIL
Foreign Currency Transaction** 3.5%+GST
Cash Payment at branches Rs. 100 / cash deposit transaction done at RBL bank branch and Bajaj Finserv branch.
Note : Effective 1st June 2018 – Cash Deposit charges will increase to Rs. 250+GST
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 Upto 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 (Min Rs. 50+GST, Max Rs. 1000+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) Rs. 200+GST
Duplicate Statement Fee Rs. 100+GST
Charge Slip Retrieval / Copy Fee Rs. 100+GST
Outstation Cheque Fee Rs. 100+GST
Cheque Return / Dishonour Fee Auto debit Reversal-Bank Account out of funds Rs. 500+GST

All the above charges are subject to change under various marketing programs. The cardmember will be informed about these changes.
^ The surcharge is applicable on minimum fuel transactions of Rs. 500 and maximum of Rs. 4000. Maximum surcharge waiver is Rs. 100 for Platinum SuperCards, Rs. 200 for World Plus SuperCard and Rs. 150 for all other World SuperCards.
* Refer to IRCTC website for details
** Transactions at merchant establishments that are registered overseas even if the merchant is located in India attract a cross border charge
 


Platinum Plus SuperCard - Fees & Charges

Types of Fees Charges Applicable
Joining fee Rs. 999+GST
Annual fee Rs. 999+GST
Add-on Card Fees NIL
Foreign Currency Transaction** 3.5%+GST
Cash Payment at branches Rs. 100 / cash deposit transaction done at RBL bank branch and Bajaj Finserv branch.
Note : Effective 1st June 2018 – Cash Deposit charges will increase to Rs. 250+GST
Surcharge on Purchase / Cancellation of Railway Tickets IRCTC Service charges * + Payment Gateway. Transaction charge [Upto 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% +GSTSurcharge 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 Upto 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 (Min Rs. 50+GST, Max Rs. 1000+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) Rs. 200+GST
Duplicate Statement Fee Rs. 100+GST
Charge Slip Retrieval / Copy Fee Rs. 100+GST
Outstation Cheque Fee Rs. 100+GST
Cheque Return / Dishonour Fee Auto debit Reversal-Bank Account out of funds Rs. 500+GST

All the above charges are subject to change under various marketing programs. The cardmember will be informed about these changes.
^ The surcharge is applicable on minimum fuel transactions of Rs. 500 and maximum of Rs. 4000. Maximum surcharge waiver is Rs. 100 for Platinum SuperCards, Rs. 200 for World Plus SuperCard and Rs. 150 for all other World SuperCards.
* Refer to IRCTC website for details
** Transactions at merchant establishments that are registered overseas even if the merchant is located in India attract a cross border charge
 


Platinum Plus First-Year-Free SuperCard - Fees & Charges

Types of Fees Charges Applicable
Annual fee Rs. 999 + GST
Fee Waiver on Annual Spends of up to Rs.50,000
Add-on Card Fees NIL
Foreign Currency Transaction** 3.5%+GST
Cash Payment at branches Rs. 100 / cash deposit transaction done at RBL bank branch and Bajaj Finserv branch.
Note : Effective 1st June 2018 – Cash Deposit charges will increase to Rs. 250+GST
Surcharge on Purchase / Cancellation of Railway Tickets IRCTC Service charges * + Payment Gateway. Transaction charge [Upto 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 (min Rs. 100+GST)of the cash amount
Overdue Interest on extended Credit Upto 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 (Min Rs. 50+GST, Max Rs. 1000+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) Rs. 200+GST
Duplicate Statement Fee Rs. 100+GST
Charge Slip Retrieval / Copy Fee Rs. 100+GST
Outstation Cheque Fee Rs. 100+GST
Cheque Return / Dishonour Fee Auto debit Reversal-Bank Account out of funds Rs. 500+GST

All the above charges are subject to change under various marketing programs. The cardmember will be informed about these changes.
^ The surcharge is applicable on minimum fuel transactions of Rs. 500 and maximum of Rs. 4000. Maximum surcharge waiver is Rs. 100 for Platinum SuperCards, Rs. 200 for World Plus SuperCard and Rs. 150 for all other World SuperCards.
* Refer to IRCTC website for details
** Transactions at merchant establishments that are registered overseas even if the merchant is located in India attract a cross border charge
 


World Prime SuperCard - Fees & Charges

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. 100 / cash deposit transaction done at RBL bank branch and Bajaj Finserv branch.
Note : Effective 1st June 2018 – Cash Deposit charges will increase to Rs. 250+GST
Surcharge on Purchase / Cancellation of Railway Tickets IRCTC Service charges * + Payment Gateway. Transaction charge [Upto 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% +GSTSurcharge 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 Upto 3.99% +GST per month or 47.88%+GST per annum
Charge Slip Retrieval / Copy Fee Rs. 100
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 (Min Rs. 50+GST, Max Rs. 1000+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) Rs. 200+GST
Duplicate Statement Fee Rs. 100+GST
Charge Slip Retrieval / Copy Fee Rs. 100+GST
Outstation Cheque Fee Rs. 100+GST
Cheque Return / Dishonour Fee Auto debit Reversal-Bank Account out of funds Rs. 500+GST

All the above charges are subject to change under various marketing programs. The cardmember will be informed about these changes.
^ The surcharge is applicable on minimum fuel transactions of Rs. 500 and maximum of Rs. 4000. Maximum surcharge waiver is Rs. 100 for Platinum SuperCards, Rs. 200 for World Plus SuperCard and Rs. 150 for all other World SuperCards.
* Refer to IRCTC website for details
** Transactions at merchant establishments that are registered overseas even if the merchant is located in India attract a cross border charge
 


World Plus SuperCard - Fees & Charges

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. 100 / cash deposit transaction done at RBL bank branch and Bajaj Finserv branch.
Note : Effective 1st June 2018 – Cash Deposit charges will increase to Rs. 250+GST
Surcharge on Purchase / Cancellation of Railway Tickets IRCTC Service charges * + Payment Gateway. Transaction charge [Upto 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% +GSTSurcharge 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 Upto 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 (Min Rs. 50+GST, Max Rs. 1000+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) Rs. 200+GST
Duplicate Statement Fee Rs. 100+GST
Charge Slip Retrieval / Copy Fee Rs. 100+GST
Outstation Cheque Fee Rs. 100+GST
Cheque Return / Dishonour Fee Auto debit Reversal-Bank Account out of funds Rs. 500+GST

All the above charges are subject to change under various marketing programs. The cardmember will be informed about these changes.
^ The surcharge is applicable on minimum fuel transactions of Rs. 500 and maximum of Rs. 4000. Maximum surcharge waiver is Rs. 100 for Platinum SuperCards, Rs. 200 for World Plus SuperCard and Rs. 150 for all other World SuperCards.
* Refer to IRCTC website for details
** Transactions at merchant establishments that are registered overseas even if the merchant is located in India attract a cross border charge


Doctor's SuperCard - Fees & Charges

Types of Fees Charges Applicable
Joining Fees Rs. 999+GST
Annual fee Rs. 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 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% +GSTSurcharge 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 Upto 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 (Min Rs. 50+GST, Max Rs. 1000+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) Rs. 200+GST
Duplicate Statement Fee Rs. 100+GST
Charge Slip Retrieval / Copy Fee Rs. 100+GST
Outstation Cheque Fee Rs. 100+GST
Cheque Return / Dishonour Fee Auto debit Reversal-Bank Account out of funds Rs. 500+GST
Personal Indemnity Insurance* + annual fee Rs. 4,999+GST

All the above charges are subject to change under various marketing programs. The cardmember will be informed about these changes.
^ The surcharge is applicable on minimum fuel transactions of Rs. 500 and maximum of Rs. 4000. Maximum surcharge waiver is Rs. 100 for Platinum SuperCards, Rs. 200 for World Plus SuperCard and Rs. 150 for all other World SuperCards.
* Personal Indemnity Insurance cover is provided free of cost for first year to all the customers. Charges will be levied only post customer consent in the second year if 3.5 lacs spend criteria is not met in the first year.
** Refer to IRCTC website for details
*** Transactions at merchant establishments that are registered overseas even if the merchant is in India attract a cross border charge


EMI Network Card Fees & Charges:

EMI Network Card (Existing Member Identification Network Number)
Joining Fee Rs.412 (Inclusive of applicable taxes)
Rs.449 (Inclusive of applicable taxes)
Rs.499 (Inclusive of applicable taxes
Instant Activation Fee Rs. 118/- Inclusive of applicable taxes
Add-on Card Fee Rs. 199/-Inclusive of applicable taxes
Convenience Fee Rs. 34/- to 293/- inclusive of applicable taxes
Loan Enhancement Fees Up to Rs. 999/- + Applicable Taxes
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.
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 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.
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. Recently updated
Annual Fee Rs. 117 (inclusive of applicable taxes )
Annual fee will only be charged to the EMI Network Card holders who have not availed any loan using the EMI Network Card in the preceding year. The duration of the preceding year is calculated 12 months from last year’s validity month, which is printed on the face of your EMI Network Card. For example, If the EMI Network Card is issued in the month of February 2019 (referred to as ‘Member Since’, on the EMI Network Card) the date for payment of the annual fee will be March, 2020.

*Fees amount subject to change

Definitions for reference:


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.

Card inactive 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 & August 2016; the payment of fee will be in September 2016.
*Applicable only for cards activated in Feb and March.

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.

Insta Activation Fee
Instant activation fee is one time fee charged to immediately activate the EMI Network Card which is ready to use. This fee is charged once only.

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.

Upgrade Fee
Upgrade fee are charged on availing of improved quality or additional benefits on the card.


EMI Network - Fees & Charges

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

Type of Fees*
Min
Max
Processing Fees NIL Rs. 1017(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. Recently updated
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 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. 46/- (Inclusive of applicable taxes) Recently Updated.
*Fees amount subject to change.

EMI Network Categories are as below:

Appliances, Electronics, Lifecare Treatments, Home, Kitchen & Furniture, Sports, Fitness and Travel

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

INDIAN OVERSEAS BANK
UCO BANK
TAMILNADU MERCANTILE BANK LTD
KARNATAKA BANK LTD
UNITED BANK OF INDIA

Health EMI Network Card Fees & Charges:

Types of Fees Charges Applicable
Joining Fees Rs. 589 - inclusive of applicable taxes
Instant Activation Fee Rs. 118 - inclusive of applicable taxes
Add-on Card Fee Rs. 199 - inclusive of applicable taxes
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 reasons whatsoever
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 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.
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. Recently updated
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 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.

EMI Reduction Offer Fees and Charges

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. Recently updated
Foreclosure charges NIL

Fees & charges for Wallet (Insta credit)

Foreclosure charges(Only after 1st EMI payment) 2% on Loan outstanding amount as on date plus the applicable taxes.
Part payment charges(Only after 1st EMI payment) 2% on part payment amount of Loan outstanding amount on the date plus the applicable taxes.
Bounce charges of the repayment instrument(s) In case of default because of the repayment instrument(s) being dishonoured, BFL shall chargeRs.450/- (Incl. taxes) (Rupees Four Hundred Fifty Only) per month/per default towards its dishonour.
Rate of Interest Insta credit of Rs.5000 -: 28% (p.a)
Insta credit of Rs.7000 -: 19% (p.a)
Insta credit of Rs.10000-: 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.  Recently updated

Professional Loan Against Property

The following fees and charges are applicable on a Loan Against Property for Professionals:

Types of Fees Charges Applicable
Rate of interest 12.5 % p.a. onwards
Processing fee Up to 2% of the loan amount (Plus Applicable Taxes)
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 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 2% per month
Bounce charges Rs. 2000 inclusive of Applicable taxes
Document processing charges (Recently Updated) Rs. 2000 + applicable taxes
Property Insight Rs.6999 inclusive of applicable taxes

Annual Maintenance Charges -

Details Charges
Flexi Term Loan 0.25% of the current Flexi Term Loan amount + Applicable taxes (as per the repayment schedule) on the date of levy of such charges
Flexi Hybrid Loan 0.5% of the loan amount + Applicable taxes during initial tenure. 0.25% of the current Flexi Term Loan amount + Applicable taxes during Subsequent Tenure

Full Pre-Payment (Foreclosure) Charges

Loan Variant Applicable Charges
Loan (Term Loan/Advance EMI/ Step-Up Structured Monthly Instalment/ Step-Down Structured Monthly Instalment) If the loan is foreclosed before 12 months from the date of the sanction of the loan - 6% + applicable taxes on the outstanding loan amount payable by the Borrower on the date of such full Pre-Payment.
If the loan is foreclosed after 12 months from the date of the sanction of the loan – 4% + applicable taxes on the outstanding loan amount payable by the Borrower on the date of such full Pre-Payment.
Flexi Term Loan If the loan is foreclosed before 12 months from the date of the sanction of the loan – 6% + applicable taxes of the Total Withdrawable Amount as per the repayment schedule, on the date of such full Pre-Payment.
If the loan is foreclosed after 12 months from the date of the sanction of the loan – 4% + applicable taxes of the Total Withdrawable Amount as per the repayment schedule, on the date of such full Pre-Payment.
Flexi Hybrid Loan If the loan is foreclosed before 12 months from the date of the sanction of the loan – 6% + applicable taxes of the Total Withdrawable Amount as per the repayment schedule, on the date of such full Pre-Payment.
If the loan is foreclosed after 12 months from the date of the sanction of the loan – 4% + applicable taxes of the Total Withdrawable Amount as per the repayment schedule, on the date of such full Pre-Payment

Part-Prepayment Charges

Borrower Type Time Period Part-Prepayment Charges
Not applicable if the Borrower is an Individual and the Loan is availed on floating interest rate and not applicable for Flexi Term Loan/Hybrid Flexi variant More than 1 month from date of loan disbursal. 2% + applicable taxes on part-payment amount paid.

Business Loan Against Property

The following charges are applicable on Loan Against Property for Business Loan-

Types of Fees Applicable Charges
Rate of interest 16% p.a. onwards
Processing fees Up to 2% of the loan amount (Plus 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 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 2% per month
Bounce charges Rs. 2000 inclusive of Applicable taxes
Document processing charges (Recently Updated) Rs. 2000 + applicable taxes
Property Insight Rs.6999 inclusive of applicable taxes

Annual Maintenance Charges -

Loan Variant Charges
Flexi Term Loan 0.25% plus applicable taxes of the Total Withdrawable Amount (as per the repayment schedule) on the date of levy of such charges.
Flexi Hybrid Loan 0.5% plus applicable taxes of the Total Withdrawable Amount during initial tenure. 0.25% plus applicable taxes of the Total Withdrawable Amount during subsequent tenor.

Full Prepayment (Foreclosure) Charges

Loan Variant Applicable Charges
Loan (Term Loan/Advance EMI/ Step-Up Structured Monthly Instalment/ Step-Down Structured Monthly Instalment) If the loan is foreclosed before 12 months from the date of the sanction of the loan - 6% + applicable taxes on the outstanding loan amount payable by the Borrower on the date of such full Pre-Payment.
If the loan is foreclosed after 12 months from the date of the sanction of the loan – 4% + applicable taxes on the outstanding loan amount payable by the Borrower on the date of such full Pre-Payment.
Flexi Term Loan If the loan is foreclosed before 12 months from the date of the sanction of the loan – 6% + applicable taxes of the Total Withdrawable Amount as per the repayment schedule, on the date of such full Pre-Payment.
If the loan is foreclosed after 12 months from the date of the sanction of the loan – 4% + applicable taxes of the Total Withdrawable Amount as per the repayment schedule, on the date of such full Pre-Payment.
Flexi Hybrid Loan If the loan is foreclosed before 12 months from the date of the sanction of the loan – 6% + applicable taxes of the Total Withdrawable Amount as per the repayment schedule, on the date of such full Pre-Payment.
If the loan is foreclosed after 12 months from the date of the sanction of the loan – 4% + applicable taxes of the Total Withdrawable Amount as per the repayment schedule, on the date of such full Pre-Payment

Part Prepayment Charges

Borrower Type Time Period Part-Prepayment Charges
Not applicable if the Borrower is an Individual and the Loan is availed on floating interest rate and not applicable for Flexi Term Loan/Hybrid Flexi variant More than 1 month from date of loan disbursal. 2% + applicable taxes on part-payment amount paid.

Medical Equipment Finance- Fees and Charges

Types of Fees Charges Applicable
Processing fees 1% of the sanctioned loan amount plus Applicable taxes
Stamp Duty payable/Legal, Repossession and Incidental Charges The actual stamp duty payable and the actual legal and incidental charges under Applicable Law.
Bounce Charges Rs. 3000 (Inclusive of applicable taxes)
Penal interest 2% per month on an amount of Instalment outstanding as on that date. In case of delay in payment of any Instalment
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 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.

Prepayment Charges

Part Prepayment Charges 2 % of the principal amount of Loan prepaid on the date of such part pre-payment plus applicable taxes
Full Prepayment (Foreclosure) Charges Nil

Mandate Rejection Service Charge*: Rs 450 (Inclusive of applicable taxes)

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

Applicable for all products.


Additional cess will be applicable for Kerala State for all products.