Fees and charges for CA Loan

Get a Bajaj Finserv Loan for Chartered Accountants at an affordable rate of interest. Read more about the applicable fees and charges below

Types of fees

Charges applicable

Rate of interest

14%- 17% p.a.

Processing fee

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

Document/ statement charges

Download your e-statements/ letters/ certificates for free from Experia.

Physical copies of your statements/ letters/ certificates/ other documents from any of our branches at Rs. 50 (inclusive of taxes) per statement/ letter/ certificate.

Penal interest

2% per month

Bounce charges

Up to Rs. 3,000 per bounce (inclusive of 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% plus applicable taxes of the total withdrawable amount during the initial tenor. 1% plus applicable taxes of the total withdrawable amount during the 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

Charges

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

More than 1 month from the date of loan disbursal.

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


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

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

Whether it is a secured or an unsecured loan for chartered accountants, with Bajaj Finserv you are assured of attractive terms. With nominal processing fees and loan charges your borrowing remains budget-friendly. To reduce your net interest payment, you can part-prepay or foreclose your loan against minimal to nil charges. With a CIBIL score of 750 or more, you can secure the best interest rate on your CA loan.

The loan fees and charges apply as per the type of loan you avail. We guarantee zero hidden charges, so make sure to assess the total cost of borrowing by reading the loan agreement. Through our customer portal – Experia you can avail a suite of free services and save on costs by downloading your loan statements and interest certificates instead of seeking physical copies.

*Conditions apply

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