Bajaj Finserv Engineer Loan Against Property comes with multiple benefits to help you meet your big-ticket expenses and repay easily. This unsecured loan is easy to avail following a simple application procedure at competitive engineer loan interest rates.
Other attractive features include Flexi Loan facility, long repayment tenure, quick processing, online account management and many more. The loan is available for both salaried and self-employed individuals against the mortgage of residential/commercial property.
Have a look at the interest rate and other charges applicable for Bajaj Finserv Engineer Loan.
|Rate of interest||16% and above.|
|Processing fees (One-time)||Flat 1.5% + applicable taxes.(Inclusive of taxes)|
|Charges for loan statement||Nil.|
|Other penal charges||Nil.|
|Charges for outstation collection||₹65* on every repayment instrument.|
|Upfront interest applicable||Nil.|
|Stamp duty||Amount/percentage (As applicable for each state).|
|Mortgage Origination Fee (One-time)||₹5,000/-|
|Interest applicable as a penalty||2% for each month of default + applicable taxes.|
|Bounce charges||₹2,000 (Inclusive of all taxes).|
Apart from the engineer loan interest rates and the fees/charges mentioned above, an individual or an entity also has to pay the applicable charges on availing prepayment or foreclosure facility.
With this information about the interest rate, fees and charges choose a suitable engineer loan rate and apply for the loan. Repay in easy instalments over the tenure.