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EMI STORE

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sample textZero downpayment, Four Hour delivery

Smart appliances

EMI STORE

sample textZero Downpayment
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Latest Gadgets

EMI STORE

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Features and benefits

Top-up Loan

Hassle-free top-up loans at attractive interest rates

Easy Balance Transfer Facility

Transfer your existing Home Loan, for lower interest rates

Part-prepayment and Foreclosure Facility

No additional charges will be levied.

How to Avail

01

Share your basic details

and request your OTP to log in.

02

Find your pre-approved offer

on your Home Loan, instantly.

03

Get pre-approved in an instant

with faster loan disbursal

Documentation

To avail pre-approved Home Loan by Bajaj Finserv, you need to provide the following documents:

  • KYC Documents
  • Address Proof
  • Identity Proof
  • Photograph
  • Form 16 or latest salary slips (For Salaried Individuals)/ ITR Document and P&L Statement of last 2 years (For Self-employed individuals)
  • Bank account statements of the previous 6 months

Interest Rate and Charges

Here’ a look at the Interest Rate and Charges applicable on your Home Loan:

 
  • Type of Fees & Interest Rates
    Charges Applicable
  • Regular Interest Rate
    BFL-SAL FRR* – Margin = 9.05% to 10.30% (For Salaried)
  • Self Employed Interest Rate
    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%
  • Processing fees
    Up to 0.80% (Salaried)
    Upto 1.20% (Self Employed)
  • Loan Statement Charges
    Rs. 50
  • Interest and principal statement charges
    NIL
  • EMI bounce charges
    Rs. 3,000
  • Penal interest
    2% per month + applicable taxes
  • Secure fee
    Rs. 9999 (One time)

     Foreclosure Charges:

  • Borrower Type
    Time Period
    Foreclosure Charges
  • Individual: Floating rate
    >1
    Nil
  • Non-individual: Floating rate
    >1
    4% plus applicable taxes
  • All borrowers: Fixed rate
    >1
    4% plus 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.
 

     Part-Prepayment Charges:

  • Borrower Type
    Time Period
    Part-Prepayment Charges
  • Individual: Floating rate
    >1
    Nil
  • Non-individual: Floating rate
    >1
    2% plus applicable taxes
  • All borrowers: Fixed rate
    >1
    2% plus 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.