What are personal loan foreclosure charges?

2 min read

Loan foreclosure is the full repayment of your remaining loan amount in one single payment instead of paying multiple EMIs. If you have surplus funds that you would like to use to repay your ongoing personal loan, you can opt for the personal loan foreclosure facility.

Bajaj Finserv charges a nominal fee of 4% (plus taxes) on the personal loan principal outstanding on the day of prepayment as a foreclosure fee.

Learn more about the interest rates and charges applicable on your personal loan.

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