What is an Annual Maintenance Charge (AMC)?
An Annual Maintenance Charge (AMC) is a nominal fee charged every year to keep your Flexi Loan account active and provide you with additional services such as:
- Withdrawal and part-prepayment of funds as per your preference.
- Access your loan account details anywhere and anytime.
Note: These charges are applied as per the terms and conditions mentioned in your loan agreement.
When and how can I pay the Annual Maintenance Charge?
You need to pay the Annual Maintenance Charge (AMC) every year during your loan disbursement month. The amount automatically gets debited from your bank account. And you will be informed about this deduction through SMS notification 5 to 7 days before your AMC due date.
Note: These charges are applied as per the terms and conditions mentioned in your loan agreement.
Steps To pay Flexi loan Annual Maintenance Charge (AMC)
This amount is debited from your registered bank account on your anniversary month . You can also pay your overdue Annual Maintenance Charges online by using below link - https://bfin.in/?A1938Z0WOS
To pay through your My Account portal please follow the below steps:
- 1 Click on 'Quick Pay' located at the top left part of the screen
- 2 Under 'Online Payment', select 'EMI and Overdue Payments'
- 3 Choose the loan for which you wish to clear your overdue and click on 'Pay'
- 4 Enter the amount and click on ‘Proceed to Payment’
- 5 Choose a payment portal and click on ‘Proceed’
- 6 Select your payment mode and complete the transaction
* You can also pay through your New Bajaj Finserv App. To download your New Bajaj Finserv App from Google Play Store, simply search the keyword 'Bajaj Finserv Loan, UPI, Payment'.
Flexi FAQ- Annual Maintenance Charge
Annual Maintenance Charge (AMC) is a nominal fee that we levy every year to keep your account active and provide you with services such as:
- Part Pay and Drawdown/ Withdraw loan amount as per your needs
- Access your loan account details anywhere and anytime. Refer to your loan Agreement
You need to pay the Annual Maintenance charge every year on the anniversary month as per T&C mentioned in your agreement.