Bajaj Finserv Business Loan

Bajaj Finserv | Business Loan | 25-Feb,2021

About Bajaj Finserv: Bajaj Finserv Limited, formally known as Bajaj Finserv, is a non-banking financial company headquartered in Pune and founded by Jamnalal Bajaj in May 2007. The company has been operating continuously since May 2007.

Detail: The applicant’s age must be between 25 to 55 years to be eligible for a business loan.

Annual Percentage Rate (APR): 18%

Minimum & Maximum period for repayment (Loan Tenure): Min 1 Year – Max 5 Years

Loan processing charges: Upto 3% of the loan amount

Late Payment: 4% + applicable charges

Foreclosure Charges: 2% per month + applicable taxes

Partpayment Charges: 2% + applicable taxes

Maximum Loan Amount: Rs. 30 Lakhs

Bajaj Finserv Profile

Sector : Finance

Industry : Regional Banks

Bajaj Finance Limited is a non-banking financial company. It offers consumer finance, SME finance, and commercial lending services. Bajaj Finserv is headquartered in Pune, India, with hundreds of branches across various cities in the country. The company was founded by Jamnalal Bajaj in May 2007. Currently, Sanjiv Bajaj holds the position of CEO at Bajaj Finserv.

Know more

You will go on the Official website.

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Loan Type

Bajaj Finserv ROI Max Loan Amount Tenure Processing Fee Late Payment Foreclosure Charges Partpayment Charges
Personal Loan 10% p.a. onwards Upto Rs. 25 Lakhs 12 to 60 Months Between 0.5% and 2.50% of the loan amount -- -- --
Home Loan 6.9% Upto 3.5 Crore Upto 20 years Upto 2% of the loan amount -- -- --
Education Loan 12.99% Upto 25 Lakhs Upto 5 years 2.25%-3% of the loan amount -- -- --
Car Loan -- Upto 90% of the vehicle value 12 to 60 months 2% of the loan Amount -- 4% excluding applicable taxes 4% excluding applicable taxes
Business Loan 18% Rs. 30 Lakhs Min 1 Year – Max 5 Years Upto 3% of the loan amount 4% + applicable charges 2% per month + applicable taxes 2% + applicable taxes

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