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

Loan Against Property: Fees and Charges

In order to check your Business Loan interest rate with Bajaj Finserv, we have a Business Loan calculator for you. Other charges applicable are:

Charges applicable

Processing fees

Upto 1% of the loan amount will be deducted at the time of disbursal of approved loan amount

EMI bounce charges

Rs.1000 will be charged in the subsequent month for every bounce

Penal interest

2.00% p.m. overdue charges will be levied basis 360 days per year

Foreclosure Charges

Borrower Type: Interest Type

Time Period (Months)

Foreclosure charges

Validation

NA

>1

4%

1) Foreclosure charges will be applicable on the current POS outstanding for Term Loan

2) Foreclosure charges for Line of Credit will be calculated on the sanctioned amount

3) Foreclosure charges for Flexi saver will be calculated on the Dropline amount

Part prepayment charges

Borrower Type: Interest Type Time Period (Months) Part payment charges Validation
NA >1 Nil

1) Part payment made should be more than 1 EMI

2) The full and/ or part prepayment can be made by the borrower only after clearance of first monthly instalment by the borrower

3) The above prepayment charges are not applicable to Flexi and Line of Credit loans availed by the Borrower, unless otherwise communicated by the lender to the Borrower at a subsequent date

  • Part payment made should be more than 1 EMI.
  • Charges not applicable for Line of credit (Flexi Pure) & Flexi Saver (Dropline Flexi)

Contact Us

Not yet an existing customer?

You can visit our branch or call us at 1800-103-3535 or SMS 'SHOL' to 9773633633

For existing customers

Call us on our  toll free IVR:

  •  Dial 020 3957 4151 (call charges apply) (W.e.f. 2 May 2015)
  •  Enter your 7-digit Bajaj Finserv 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

Customer portal

Email

wecare@bajajfinserv.in for all your queries

SMS updates

(Your mobile number should be registered with us for this facility). Standard SMS charges applicable

APP

To receive the download URL for mobile app

GETEMAIL

Know your current email address

UPDEMAIL

Know your current email address

GETADD

Know your current mailing address

CUSTID

Know your customer ID

LAN

Know your Loan Account Number (LAN)

EMI LAN

Know your loan/EMI details

EXPERIA

Know your Customer Portal username and password

PIN

Know your 4 digit EMI Card PIN

SOA

Statement of account

NOC

No objection certificate

REPSCH

Repayment schedule

FEEDBACK

Give your valuable feedback

SAT Y

Give a positive feedback

SAT N

Give a negative feedback

Visit Our branch  to:

  • Change of mode of payment (swapping)
  • Purchase/cancellation of insurance policy
  • Foreclosure of loan
  • Refund

To know the address of your nearest branch Click Here.