Personal Loan

Personal Loan - Fees and Charges

Personal Loan - Fees and Charges

Bajaj Finserv offers attractive interest rates on personal loans up to Rs.25 lakh that can help you meet a range of financial requirements. Get collateral-free loans, with minimum documentation, flexible tenor and disbursal within 24 hours of approval.
With Bajaj Finserv Personal Loan, you do not have to worry about any hidden fees or charges. Here are more details on the personal loan interest rates and charges:



Types of Fees Charges Applicable
Personal Loan Interest Rates 12.99% onwards
Processing fees Up to 3.99% of the loan amount
Bounce Charges Rs. 600 - 1200 Per bounce (Inclusive of applicable taxes)
Penal interest 2% per month + applicable taxes or Rs. 200(inclusive of taxes) whichever is higher
Secure fee (only for online approvals) Rs. 4,499
Outstation collection charges Rs. 65 + applicable taxes per repayment instrument
Statement Of Account/ Repayment Schedule/ Foreclosure Letter charge. Download your e-statements at no extra cost by logging into Customer Portal – Experia.
You can get a physical copy of your e-statements from any of our branches at a charge of Rs. 250/- (inclusive of taxes) per statement per account.

Personal Loan Foreclosure Charges



Borrower Type Time Period Foreclosure Charges
All borrowers More than 1 month from date of loan disbursal 4% + applicable taxes on principal outstanding*

*Foreclosure charges for term loan will be applicable on the current principal outstanding.

*Foreclosure charges for Flexi loans will be calculated on the reduced assigned limit.

*Foreclosure charges for Flexi Hybrid loan will be as per following

- Initial tenor - 4% + applicable taxes, on sanctioned amount

- Subsequent tenor - 4% + applicable taxes on reduced assigned limit


Personal Loan Part-prepayment Charges



Borrower Type Time Period Foreclosure Charges
All borrowers More than 1 month from date of loan disbursal 2% + applicable taxes on part-payment amount paid*

*Part-prepayment made should be more than 1 EMI.

*These charges not applicable for Flexi Loan facility.


Annual/Additional Maintenance Charges



Hybrid Flexi Loan Flexi Term Loan Loan Limit
0.25% on sanctioned amount* + applicable taxes for 2 years
0.25% on reduced assigned limit + applicable taxes for rest of the tenor
0.25% on reduced assigned limit + applicable taxes 0.25% on Flexi Term Loan* + applicable taxes

*These charges will be levied annually.

Mandate Rejection Service Charge: Rs 450 (Inclusive of applicable taxes) Charges will be levied if new mandate form is not registered within 30 days from the date of rejection of previous mandate form by Customer’s Bank for any reasons whatsoever.


Eligibility Criteria:


If you are a salaried professional aged between 25 and 58 years living in India, you can easily qualify for a loan. As long as you match the personal loan eligibility criteria and minimum net salary specified based on your city of residence, you can avail a loan with ease and best personal loan interest rates.

Online Loan Calculators:


Try the Personal Loan Eligibility Calculator to understand your loan eligibility and use the Loan EMI calculator to determine your EMI before you apply for an instant loan online. This simplifies the loan approval process considerably.

Online Loan Application Procedure:


Wondering! How to apply for personal loan online? Simply fill in your personal and financial details and submit the basic documents required for personal loan to get loan at affordable interest rates. You can also check out your pre-approved offer that helps you save more time.


Check Your Personal Loan EMI

loan amount

Please enter loan amount


Please enter tenor

interest rate

Please enter interest rate

Your EMI amount is


Apply Now

Disclaimer :

Calculator is an indicative tool to check personal loan eligibility and assist the user to calculate the loan amount that the user will be eligible to borrow. Calculation results are approximations and for information purposes only and interest rates quoted are indicative. Actual interest rates and loan eligibility amount will vary. To check eligibility for Personal Loan and know the actual eligibility amount, the user should share his complete and accurate details by clicking on the ‘apply now’ tab and provide additional information/ documents required for assessment of user’s application. Calculation results are not intended to substitute professional advice which the user is advised to seek. Loan terms and conditions apply.