Bajaj Finserv offers an affordable rate of interest on Loan for Doctors. 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 |
| DOCUMENT/STATEMENT CHARGES Statement of Account/ Repayment Schedule/Foreclosure Letter/No Objection 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 + 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% |
| DOCUMENT/STATEMENT CHARGES Statement of Account/ Repayment Schedule/Foreclosure Letter/No Objection 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 + applicable taxes |
| Bounce charges | Rs. 2000 inclusive of 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% |
| DOCUMENT/STATEMENT CHARGES Statement of Account/ Repayment Schedule/Foreclosure Letter/No Objection 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 + applicable taxes |
| Bounce charges | Rs. 2000 inclusive of 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 Dropline 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 Dropline 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.
