Disclaimer
Results generated by the calculator(s) are indicative in nature. The interest rate applied on the loan will depend on the prevailing rates at the time of loan booking.
The calculator(s) are not intended to provide its users/ customers with results that are either certified by Bajaj Finance Limited (“BFL”) or are an obligation, assurance, warranty, undertaking or commitment, financial and professional advice by BFL, under any circumstances. The calculator(s) is only a tool that assists the users/ customers arrive at results of various illustrative scenarios generated from data input by the user/ customer. The use of the calculator is entirely at the risk of the user/ customer, BFL is not responsible for any reason, for any errors in any outcome resulting from the use of the calculator.
Frequently asked questions
You can use the Bajaj Finserv EMI calculator to know your down payment amount and EMIs instantly. Fill in the details needed in the fields.
A scheme type refers to the combination of the down payment equalling a certain number of EMIs and the further monthly instaments you wish to pay.
For example, you want to buy a GoPro camera worth Rs. 54,500/- and decide to pay a down payment equal to 4 EMIs. You need to select the scheme type as 12x4 (4 EMI Down payment, 8 EMIs). Here, from a total of 12 EMIs you will have to pay 4 EMIs as the down payment and the remaining 8 EMIs as the regular monthly instalments.
By this calculation, you will have to pay Rs. 13,625/- as the down payment and your EMI will be Rs. 3,406/- for a tenure of 8 months.
Check your favourite product on Bajaj Mall and if falls under a zero down payment scheme. This is offered on select products.
If it does, you can certainly select 8x0 as your scheme type when using the calculator.
Yes, you can reduce your EMI amount by selecting a longer repayment tenure.
