Bajaj Finserv in Thane
Located in Maharashtra on the outskirts of Mumbai, Thane is a significant base for the industry as well as agriculture. It is called the City of Lakes for its numerous water bodies.
A Bajaj Finserv Personal Loan in Thane is designed to provide multiple features and benefits. Walk into our Thane branch for more information. Alternatively, get quick financial solutions online.
Features and benefits of personal loan in Thane
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High loan amount
Get a loan of up to Rs. 40 lakh and use the funds without any restriction.
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Instant approvals
Fill and submit our online application form to receive approval instantly.
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Pre-approved offers
Personalised pre-approved offers make the loan-availing process simple and quick.
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Add-ons
All these benefits are also available on personal loans in Mumbai.
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Online account management
Get access to all your loan information and facilities using the online account management facility.
Thane’s agricultural sector generates revenue by cultivating moong, horse gram, rice, finger millet and other crops. The Thane district is the third most industrialised district in Maharashtra and has more than 18,000 small scale and around 1,500+ large and medium scale industries. Thane city is also home to several educational institutes of repute.
Whether you are looking to pay for your children’s higher education or invest in home renovation, a Bajaj Finserv Personal Loan is an ideal financing tool. The versatile product can be used for multiple purposes without any end-use restriction. Get a cost-effective loan at reasonable rates of interest and with nominal associated charges. Be assured of no hidden rates, owing to our transparent terms and conditions.
*Conditions apply
Eligibility criteria
Borrowers in Thane can easily qualify for credit with our easy-to-meet personal loan eligibility criteria.
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Nationality
Indian, resident of India
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Employment
Must be a salaried employee at a reputed MNC or a private/public limited company
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Credit score
Above 685
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Age
Between 21 years to 80 years*. 80 years* or younger, at the end of the loan tenure.
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Income
Refer to our city list for minimum salary requirements
Employed individuals with job stability have higher chances of enjoying better features as they possess a more robust repayment capability. Bajaj Finserv credits the money directly to the borrower’s account. Complete the procedure by submitting the minimum documents needed.
Fees and charges
Bajaj Finserv offers credit at competitive personal loan interest rates in Thane.
Personal loan interest rates and applicable charges
Type of fee |
Applicable charges |
Rate of interest |
11% to 38% p.a. |
Processing fees |
Up to 3.93% of the loan amount (inclusive of applicable taxes). |
| Flexi Fee | Term Loan – Not applicable Flexi variant - A fee will be deducted upfront from the loan amount (as applicable below)
*All the Flexi charges above are inclusive of applicable taxes *Loan amount includes approved loan amount, insurance premium, and VAS charges. |
Bounce charges |
In case of default of repayment instrument, Rs. 700 - Rs. 1,200 per bounce will be levied. |
| Pre-payment charges | Full Prepayment
Part-prepayment
*Foreclosure will be processed post clearance of first EMI |
Penal charge |
Delay in payment of instalment(s) shall attract a penal charge of up to Rs. 12 per day per instalment from the respective due date until the date of receipt of the full instalment(s) amount. |
Stamp duty (as per respective state) |
Payable as per state laws and deducted upfront from loan amount. |
Mandate rejection charges |
Rs. 450 per month from the first month of the due date for the mandate rejected by customer’s bank until the registration of new mandate. |
| Instalment default charge | Rs. 450/- per month from the first instalment due date for mandates rejected by customers bank until the new mandate is registered. |
Annual maintenance charges |
Term Loan: Not applicable Flexi Term Loan (Flexi Dropline): Up to 0.295% (inclusive of applicable taxes) of the total withdrawable amount (as per the repayment schedule) on the date of levy of such charges. Flexi Hybrid Loan: Up to 0.295% (inclusive of applicable taxes) of the total withdrawable amount during the initial tenure. Up to 0.295% (inclusive of applicable taxes) of total withdrawable amount during subsequent tenure. |
| Broken period interest / Pre-monthly Instalment interest |
"Broken Period Interest/Pre-monthly Instalment interest" shall mean the amount of interest on Loan for the number of day(s) which is(are) charged in two scenarios: Scenario 1 - Over and above the period of 30 days from the date of disbursement of the Loan: Method of recovery of Broken Period Interest/Pre-monthly Instalment interest:
Scenario 2: Less than period of 30 days from the date of disbursement of the Loan: Interest on first instalment will be charged for actual number of days. |
| Switch fee | Up to 1.18% of the loan amount (inclusive of applicable taxes). Switch fee is applicable only in case of switch of loan. In switch cases, processing fees will not be applicable. |
| Cash collection handling charges | Rs. 177 (inclusive of applicable taxes) will be charged if customer opts to make payment in cash when the collection is done by the collection agents. This fee is charged only once per month, regardless of the number of payments made against multiple LANs. |
| Cash deposit charges | Customers will incur a cash deposition charge of Rs. 50 (inclusive of applicable taxes) when making cash payments at our branch offices. |
| PG facility charges | Rs. 11 (inclusive of applicable taxes) will be charged for utilizing the payment gateway to make part or full payments towards the loan through digital properties. |
Note: Additional cess if any, will be applicable to all charges according to state law.
*Terms and conditions apply.
For Micro Finance Loans, please note below:
Purchase of any non-credit product by the microfinance borrowers is purely on a voluntary basis. Minimum interest, maximum interest, and average interest are 13%, 38%, and 36.79% per annum respectively. Part pre-payment and Foreclosure charges are NIL.
