Minimum Annual Percentage Rate for unsecured Personal Loans in Bajaj Finance Limited is 12.5% and maximum Annual Percentage Rate is 41%. This rate of interest varies basis our internal credit and risk policy and as per an algorithmic multivariate score card.
- Part payment charges for Flexi loans - Nil
- Part payment charge for Term loans - 2% + applicable taxes on part-payment amount paid
- Foreclosure charges on Flexi loans - 4% + applicable taxes on the total withdrawable amount (total amount that you can withdraw under flexi loan, from time to time as per repayment schedule)
- Foreclosure charges on Term loans - 4% + applicable taxes on principal outstanding
The personal loan terms mentioned here are subject to change, based on policy revisions. For the updated product details, please click here
