Business loan against property interest rates and charges

Types of fee Applicable charges
Rate of interest 9% - 25% per annum
Processing fee Up to 3.54% of the loan amount (inclusive of applicable taxes)
Documentation charges Up to Rs. 2,360 (inclusive of applicable taxes)
Flexi fee Not applicable
Prepayment charges

Full prepayment (foreclosure)

  • Term Loan: Up to 4.72% (inclusive of applicable taxes) on the outstanding loan amount as on the date of full prepayment
  • Flexi Term Loan (Flexi Dropline): Up to 4.72% (inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule as on the date of full prepayment
  • Flexi Hybrid Loan: Up to 4.72% (inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule as on the date of full pre-payment

Part prepayment

  • Up to 4.72% (inclusive of applicable taxes) of the principal amount of loan prepaid on the date of such part pre-payment
  • Not Applicable for Flexi Term Loan (Flexi Dropline) and Hybrid Flexi

Note: If all borrowers and co-borrowers are individuals, loan availed on floating interest rates, and loan taken for purposes other than business use, then there will be no foreclosure/ part-prepayment charges.

Annual maintenance charges

Term Loan: Not applicable

Flexi Term Loan (Flexi Dropline): Not applicable

Flexi Hybrid Loan: Up to 0.295% (inclusive of applicable taxes) of the total withdrawable amount during the initial loan tenure. Not applicable during the subsequent loan tenure

Bounce charges In case of default of repayment instrument, Rs. 1,500 per bounce will be levied
Penal interest Delay in payment of monthly instalment shall attract penal interest at the rate of 42% per annum applicable on the monthly instalment outstanding, from the respective due date until the date of receipt of monthly instalment.
Stamp duty Payable as per state laws
Mandate rejection charges Rs. 450 per month from the first month of due date for mandate rejected by customer's bank until the new mandate is registered
Broken period interest/ pre-EMI interest

Broken period interest/ pre-EMI interest shall mean the amount of interest on Loan for the number of day(s) which is(are) charged in two scenarios:

Scenario 1 – More than 30 days from the date of loan disbursal till the first EMI is charged:

In this scenario, broken period interest is recovered by the following methods:

  • For Term Loan: Deducted from the loan disbursement
  • For Flexi Term Loan: Added to the first instalment
  • For Flexi Hybrid Loan: Added to the first instalment

Scenario 2 – Less than 30 days from the date of loan disbursal till the first EMI is charged:

  • In this scenario, interest is charged only for the actual number of days since the loan was disbursed.
Mortgage origination fees Up to Rs. 6,000 per property (inclusive of applicable taxes)
Property insight (if availed) Rs. 6,999 (inclusive of applicable taxes)
CERSAI charges Up to Rs. 1 (inclusive of applicable taxes)


The Bajaj Finserv Business Loan Against Property comes with attractive interest rates of 9% – 25% per annum, for a sanction going up to Rs. 1.05 crore. This, along with a transparent list of charges, helps you plan your repayment efficiently even before you avail of the loan.

Planning your repayment in advance helps you avoid missed payments, which can incur charges. A penal interest is levied at 42% per annum in case of any such delay.

You can part-pay your loan at an affordable charge of 4.72% of the prepaid amount, plus taxes. This charge is not applicable if you are an individual borrower with a variant of Flexi loan . If you wish to foreclose your loan at any point, you can do so at a charge of 4.72% of the outstanding amount, plus taxes.

You can easily access your loan-related documents via the customer portal – My Account, where you can download your monthly account statement, important certificates and more. If you need physical copies of these documents, you can obtain them from the nearest Bajaj Finserv branch office for a nominal fee of Rs. 50 per document.

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Frequently asked questions

What is the processing fee for a business loan?

The processing fee for a Bajaj Finserv Business Loan Against Property can go up to 3.54% of the approved loan sanction.

Is there a charge applicable on part-prepayments?

You will need to pay a nominal charge of 4.72% plus taxes on the amount you wish to part-pay.

What is the interest rate for a business loan against property?

You can avail of a secured business loan at an attractive interest rate of 9% to 25% p.a.

What is the maximum and minimum repayment tenor?

The business loan against property repayment tenor ranges up to 15 years.

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