Business loan against property interest rates and charges

Types of fee Applicable charges
Rate of interest 10% - 26% 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 Facility Charge

Term Loan - Not applicable

Flexi term loan (Flexi dropline) (as applicable below) –

  • Up to Rs. 999 (inclusive of applicable taxes) for loan amount less than Rs. 10,00,000.
  • Up to Rs. 999 (inclusive of applicable taxes) for loan amount between Rs. 10,00,000 and Rs. 14,99,999.
  • Up to Rs. 999 (inclusive of applicable taxes) for loan amount between Rs. 15,00,000 and Rs. 24,99,999.
  • Up to Rs. 1,999 (inclusive of applicable taxes) for loan amount between Rs. 25,00,000 and Rs. 49,99,999.
  • Up to Rs. 2,999 (inclusive of applicable taxes) for loan amount between Rs. 50,00,000 and Rs. 74,99,999.
  • Up to Rs. 2,999 (inclusive of applicable taxes) for loan amount Rs. 75,00,000 and above.

Flexi Hybrid loan (as applicable below) –

  • Up to Rs. 5,499 (inclusive of applicable taxes) for loan amount less than Rs. 10,00,000.
  • Up to Rs. 6,999 (inclusive of applicable taxes) for loan amount between Rs. 10,00,000 and Rs. 14,99,999.
  • Up to Rs. 9,999 (inclusive of applicable taxes) for loan amount between Rs. 15,00,000 and Rs. 24,99,999.
  • Up to Rs. 11,999 (inclusive of applicable taxes) for loan amount between Rs. 25,00,000 and Rs. 49,99,999.
  • Up to Rs. 13,999 (inclusive of applicable taxes) for loan amount between Rs. 50,00,000 and Rs. 74,99,999.
  • Up to Rs. 14,999 (inclusive of applicable taxes) for loan amount Rs. 75,00,000 and above.

Note –

  1. The above flexi facility charges will be deducted upfront from the loan amount.
  2. The loan amount includes the approved loan amount, insurance premium, VAS charges, and documentation charges.
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
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

Rs. 1,500 per bounce.

“Bounce charges” shall mean charges for (i) dishonour of any payment instrument; or (ii) non-payment of instalment (s) on their respective due dates due to dishonour of payment mandate or non-registration of the payment mandate or any other reason.
Penal Charge

Penal charge is applicable in the following scenarios:

a. Penal Charge: Any payment default shall attract penal charge of Rs. 36 per day for period of such delay from the respective due date and continue to apply until the date of receipt of amounts under the said default.

b. Covenant Perfection Charge: i) Rs. 800/- per day for non-submission of critical documents after 90 days of disbursement. Levy from the date when due on non-compliance of any one or all heads in the category. ii) Rs. 500/- per day for non-submission of non-critical documents after 120 days of disbursement. Levy from the date when due.
Stamp duty Payable as per state laws
Broken period interest/ pre-EMI interest

Method of recovery of "Broken Period Interest/Pre monthly instalment Interest" would be as follows:

Scenario 1: If Loan is disbursed on 1st or post 10th of the month:

For Term Loan: BPI amount will be capitalised, i.e added to Principal amount on Due date / Deducted from disbursement
For Flexi Loans: BPI amount will be capitalised, i.e added to Principal amount on Due date / Added to first instalment
For Quick disbursal process: BPI amount will be capitalised, i.e added to Principal amount on Due date / Added to first instalment

Scenario 2: If Loan is disbursed between 3rd and 10th of the month:
First instalment will consist of interest for actual number of days.
Mortgage origination fees Up to Rs. 6,000 per property (inclusive of applicable taxes)
Legal charges Recovery of charges
Repossession and incidental charges Recovery of charges
Principal Holiday Facility Fees Principal Holiday (as applicable below) -
Up to Rs. 5,499 (Inclusive of applicable taxes) for loan amount less than Rs. 10,00,000.
Up to Rs. 6,999 (Inclusive of applicable taxes) for loan amount between Rs. 10,00,000 and 14,99,999.
Up to Rs. 9,999 (Inclusive of applicable taxes) for loan amount between Rs. 15,00,000 and Rs. 24,99,999.
Up to Rs. 11,999 (Inclusive of applicable taxes) for loan amount between Rs. 25,00,000 and Rs. 49,99,999.
Up to Rs. 13,999 (Inclusive of applicable taxes) for loan amount between Rs. 50,00,000 and Rs. 74,99,999.
Up to Rs. 14,999 (Inclusive of applicable taxes) for loan amount Rs. 75,00,000 and above.
Note-
(1) The above principal holiday facility fees will be deducted upfront from loan amount.
(2) The loan amount includes approved loan amount, Insurance Premium, VAS Charges and Documentation charges.


The Bajaj Finserv Business Loan Against Property comes with attractive interest rates of 10% – 26% 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 36% 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.

Read More Read Less

Frequently asked questions

What is the processing fee for a secured business loan?

The processing fee for a Bajaj Finserv Business Loan Against Property can go up to 3.54% of the loan amount sanctioned, (inclusive of applicable taxes).

Is there a charge applicable on part-prepayments?

You will need to pay a nominal charge of up to 4.72% (inclusive of applicable 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 10% to 26% p.a.

What is the maximum and minimum repayment tenor?

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

Read More Read Less
‌
‌