Line of Credit facility | Flexible tenor options  

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Existing Loan Details

Enter your existing loan details

Maximum 5 loans

Add it to the Consolidator

See how

Click on “Done”

Loan Amount

INR
TenorMonth
Rate of InterestPercent

Your EMI will be Rs.66,429 per month

Consolidator

Loan Type

  • Home Loan
  • Home Loan
  • Home Loan
  • Home Loan
  • Home Loan

Loan Amount

(lacs)
  • 2
  • 2
  • 2
  • 2
  • 2

Loan Tenor

(months)
  • 24
  • 24
  • 24
  • 24
  • 24

Rate of Interest

(percent)
  • 12
  • 12
  • 12
  • 12
  • 12

EMI

  • 1,69,892
  • 1,71,591
  • 1,73,290
  • 1,74,989
  • 1,76,688

Debt Consolidation Calculator

What is Debt Consolidation?

Debt consolidation is a fresh loan which you borrow from Bajaj Finserv, in order to clear off all the other existing smaller loans. The debts can be unpaid medical bills, credit card dues or any other kind of loan. Bajaj Finserv provides debt consolidation programs, in order to help people in consolidating multiple debts into one major loan.

Is debt consolidation helpful?

Debt consolidation helps you to harness and channelize your financial planning. By integrating smaller debts into a single loan, you can direct your finances in a focused manner. This is because you will be required to make only one monthly payment, instead of numerous. Plus, other types of loans come with comparatively higher interest rates, which are also likely to get influenced by the market. However, debt consolidation loans come with fixed interest rate.

How different is the interest rate in a debt consolidation program?

Bajaj Finserv provides debt consolidation plan at a lower interest rate, as compared to the other types of loans. Plus, the rate of interest is fixed and is not liable to change, as per any fluctuation in the market rates.

What is Bajaj Finserv debt consolidation calculator?

Bajaj Finserv debt consolidation calculator is an application that helps you to calculate the amount of loan, which is required to consolidate all your debts into one. There is a self-explanatory form given on the website, where you can fill in the required details to get started.

How is the debt consolidation calculator helpful?

Bajaj Finserv debt consolidation calculator is significantly beneficial, since it helps you to calculate the consolidated loan amount and helps you to decide, whether amalgamating all your debts into a single loan is appropriate for you or not. Being aware of your loan amount in advance, helps you to plan your finances better. Also, this calculator helps you to adjust a consolidation plan as per your budget and requirement.

How to operate the debt consolidation calculator?

The instructions to use Bajaj Finserv debt consolidation calculator are mentioned on the website. You can refer to the step by step procedure, by clicking on 'Debt Calculator' link.

Who can use this kind of calculator?

Anyone who intends to apply for Bajaj Finserv debt consolidation program, can use debt consolidation calculator. You can refer to the link www.bajajfinserv.in/finance/debt-consolidatorcalculator.aspx for better understanding, irrespective of whether you are an existing customer of Bajaj Finserv or not.

How can I avail help while using debt consolidation calculator?

The instructions to use the calculator are mentioned on the website, and are self-explanatory. However, should you face problems while using the calculator, feel free to visit our nearest branch. Our skilful customer service team will assist you with your respective query at the earliest.

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