
Bajaj Finserv | Car 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: Candidates should be between 21 to 60 years of age at the time of applying for a loan.
Annual Percentage Rate (APR): --
Minimum & Maximum period for repayment (Loan Tenure): 12 to 60 months
Loan processing charges: 2% of the loan Amount
Late Payment: --
Foreclosure Charges: 4% excluding applicable taxes
Partpayment Charges: 4% excluding applicable taxes
Maximum Loan Amount: Upto 90% of the vehicle value
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.
You will go on the Official website.
| Bajaj Finserv | ROI | Max Loan Amount | Tenure | Processing Fee | Late Payment | Foreclosure Charges | Partpayment Charges | |
|---|---|---|---|---|---|---|---|---|
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Personal Loan | 10% p.a. onwards | Upto Rs. 25 Lakhs | 12 to 60 Months | Between 0.5% and 2.50% of the loan amount | -- | -- | -- |
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Home Loan | 6.9% | Upto 3.5 Crore | Upto 20 years | Upto 2% of the loan amount | -- | -- | -- |
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Education Loan | 12.99% | Upto 25 Lakhs | Upto 5 years | 2.25%-3% of the loan amount | -- | -- | -- |
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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 |
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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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