A loan given against the mortgage of property is called Loan against Property. This is one of the cheapest retail loans after Home Loans.

Fees and Charges:

Bajaj Finserv offers attractive interest rates on Loan against Property with very nominal fees and charges. Read below for the details and feel free to use our Loan against Property EMI Calculator for further estimates, if needed.

Processing Fees

Up to 2% of the loan amount

Loan Statement charges

Nil

Interest and Principle Statement charges

Nil

PDC Swap charges

Nil

EMI Bounce charges

Rs.1000 for every bounce

Penal Interest

2% p. m.

*Refer to Agreements and T&C.

 

Foreclosure Charges

Borrower Type: Interest Type Time Period (Months) Foreclosure charges
Individual: Floating rate >1 Nil
Non-Individual: Floating rate
&
All borrowers: Fixed rate
1 – 24 4% plus applicable taxes on principal outstanding *
25 – 48 2% plus applicable taxes on principal outstanding*
>48 Nil

*Foreclosure: charges will be applicable on the current principal outstanding.
*Foreclosure charges for line of credit and Flexi loans will be calculated on the Current principal outstanding

 

Part prepayment charges

Borrower Type: Interest Type Time
Period (Months
Part payment charges
Individual: Floating Rate >1 Nil
Non-Individual: Floating Rate
All borrowers: Fixed Rate
1 – 24 2% plus applicable taxes on part payment amount paid
25 – 48
>48

*Part payment made should be more than 1 EMI
*Nil part payment charges for flexi loans

Contact Us

Not yet an existing customer?

You’ll be surprised how easy it is to get a Durable Finance loan with Bajaj Finserv even if you’ve never used our services before. Just visit any of our 12000+ retail partner outlets across over 140 cities in the country and our in-store representative shall guide through the entire process.
Click here to find the nearest outlet in your city.

For existing customers

Follow these steps to use our toll free IVR:

  •  Dial 020 3957 5152 (call charges apply) (W.e.f. 2 May 2015)
  •  Enter your 7-digit BFL Customer ID
  •  Select from various IVR options
  •  Access IVR in 10 languages: English, Hindi, Bengali, Marathi, Punjabi, Gujarati, Tamil, Telugu, Kannada and Malayalam
  •  Access to all loan details

Email

[email protected] for all your queries

SMS updates

SMS <<keyword below>> to +91 92275 64444
GETEMAIL for your current email address 
UPDEMAIL <New email> to update your email address 
GETADD for your current registered email address
CUSTID to know your customer ID
LAN to know your Loan Account Number
EMI LAN to know your loan/ EMI details
EXPERIA to know your Experia user ID and password 
PIN to know your 4 digit EMI card PIN
FEEDBACK to give your valuable feedback 
SAT Y Give a positive feedback 
SAT N to give a negative feedback
(Your mobile number should be registered with us for this facility). Standard SMS Charges applicable

Visit our branch  to:

  • Change mode of payment (Swapping)
  • Purchase/cancel insurance policy
  • Foreclose loan
  • Claim refund

To know the address of your nearest branch Click Here.

Follow these simple steps to log on to our customer portal (Experia)

  • Visit www.bajajfinserv.in
  • Log in using your user ID and password
  • Access all loan details
  • Manage your loans
  • View special offers