What is the interest rate on MSME Loan?
Bajaj Finserv offers low interest rates along with nominal fees and charges on its MSME Loans. This ensures that your enterprise can pay its EMIs affordably.
| Types of Fees | Applicable Charges |
|---|---|
| Rate of interest | 18% onwards |
| Processing fees | Up to 3% of the loan amount |
| DOCUMENT/STATEMENT CHARGES Statement of Account/ Repayment Schedule/Foreclosure Letter/No Objection Certificate/Interest Certificate/List of documents |
Download your e-statements/letters/certificates at no extra cost by logging into Customer Portal – Experia. You can get a physical copy of your statements/letters/certificates/List of Documents from any of our branches at a charge of Rs. 50/- (Inclusive of taxes) per statement/letter/certificate. |
| Bounce charges | Up to Rs. 3000 (Inclusive of applicable taxes) |
| Penal interest (Applicable in case of non-payment of monthly Instalment on/before the Due - Date) | 2% per month + applicable taxes |
| Document processing charges | Rs. 1449 + applicable taxes |
| Outstation collection charges | Rs. 65 + applicable taxes per repayment instrument |
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