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% |
| Processing fee | Up to 2% of the loan amount |
| Statement Of Account/ Repayment Schedule/ Foreclosure Letter charge. | Download your e-statements at no extra cost by logging into Customer Portal – Experia. You can get a physical copy of your e-statements from any of our branches at a charge of Rs. 250/- (inclusive of taxes) per statement per account. |
| Penal interest | 2% per month + applicable taxes |
| Bounce Charges | Upto Rs. 3000 per bounce (Inclusive of applicable taxes) |
| Document processing charges | Rs. 1449 + applicable taxes |
| Outstation Collection Charges | Rs. 65 + applicable taxes per repayment instrument |
The following fees and charges are applicable on a Home Loan for Doctors:
| Types of Fees | Charges Applicable |
|---|---|
| Rate of interest | 8.50% to 9% p.a |
| Processing fee | Up to 1% |
| Statement Of Account/ Repayment Schedule/ Foreclosure Letter charge. | Download your e-statements at no extra cost by logging into Customer Portal – Experia. You can get a physical copy of your e-statements from any of our branches at a charge of Rs. 250/- (inclusive of taxes) per statement per account. |
| Penal interest | 2% per month + applicable taxes |
| EMI bounce charges | Rs. 3000 per bounce (Inclusive of applicable taxes) |
| Document processing charges | Rs. 1449 + applicable taxes |
| Outstation Collection Charges | Rs. 65 + applicable taxes per repayment instrument |
The following fees and charges are applicable on a Loan Against Property for Doctors:
| Types of Fees | Charges Applicable |
|---|---|
| Rate of interest | 9.50% to 11% p.a |
| Processing fee | Up to 1% |
| Statement Of Account/ Repayment Schedule/ Foreclosure Letter charge. | Download your e-statements at no extra cost by logging into Customer Portal – Experia. You can get a physical copy of your e-statements from any of our branches at a charge of Rs. 250/- (inclusive of taxes) per statement per account. |
| Penal interest | 2% per month + applicable taxes |
| EMI bounce charges | Rs. 3000 per bounce (Inclusive of applicable taxes) |
| Document processing charges | Rs. 1449 + applicable taxes |
| Outstation Collection Charges | Rs. 65 + applicable taxes per repayment instrument |
| 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 |
| Details | Full Pre-Payment Charges |
|---|---|
| Loan (Term Loan/Advance EMI/ Step-Up Structured Monthly Instalment/ Step-Down Structured Monthly Installment | 4% on the Loan amount + Applicable taxes outstanding as on the date of such full Pre-Payment |
| Flexi Term Loan | 4% on the current Flexi Term Loan amount + Applicable taxes (as per the repayment schedule) on the date of levy of such charges |
| Flexi Hybrid Loan | 4%+aplicable taxes on the Loan amount during Initial Tenure. 4% +aplicable taxes on the current Flexi Term Loan amount during Subsequent Tenure |
| Borrower Type | Time Period | Foreclosure Charges |
|---|---|---|
| Not applicable if the Borrower is an Individual and the Loan is availed on floating interest rate | More than 1 month from date of loan disbursal. | 2% + applicable taxes on part-payment amount paid. |
Rejection Mandate Charge:
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.
