Bajaj Finserv Personal Loan - Affordable Interest rates @12.99% p.a

1. Bajaj Finserv Bajaj Finserv Personal Loan Personal Loan Interest Rate 2021 Interest Rate 2021

2. Description Description Bajaj Finservprovides highly customized personal loans to address the unique needs of loan seekers. And the process is quick and hassle-free to meet the urgent needs.Bajaj Finserv personal loan products are known for their highly competitive interest rates and are earmarked for both the salaried & self- employed class. Some of the most popular personal loan schemes of Bajaj Finservare: • Flexi Loan • Lifestyle Finance Personal Loan • Digital Product Finance Loan • Durable Finance Personal Loan • Medical Emergency Loan • PLOC Loan

3. Bajaj Finserv Bajaj Finserv personal loan personal loan interest rates interest rates and charges and charges 2021 2021 Category Rate/Charge Interest rate Starts from 12.99% onwards Maximum Loan amount Rs 25 lakhs Loan Tenure 12 to 60 months Processing Fee Up to 3.99% of the loan amount + GST as applicable Prepayment Charges 2% of the amount paid + Taxes (allowed only after 1st EMI) Foreclosure Charges 4% of the amount paid + Taxes (allowed only after 1st EMI) Cheque Bounce Charges Rs.600-1200 Per bounce (Inclusive of applicable taxes) Secure Fee ( for online approvals only) Rs 4499 Penal Interest 2% of EMI amount per month +taxes or Rs 200 per month, whichever is higher Outstation collection charges Rs 65 + Taxes as applicable Mandate Rejection Service Charge Rs 450 + Taxes as applicable

4. Personal loan interest rates from Bajaj Personal loan interest rates from Bajaj Finserv Finserv? ? Optfor a floating rate of interest • Also known as the variable interest rate, floating interest rates vary with the fluctuations in the market. It gives you the benefit of getting a low-interest rate if the market rate goes down at any point in your loan tenure. • Most people are tempted to go for fixed interest rates as they like to stay safe from the unpredictable fluctuations in the market. The fixed rates are kept at higher levels than the floating rates at the beginning and remain unchanged throughout the loan tenure. On the other hand, the floating interest rates are offered a bit lower at the beginning, only to be adjusted with the prevailing market rates later on. • A study of the market would reveal that it is more feasible to opt for the floating personal loan interest rate. It will help you to get the best interest rates from Bajaj Finserv. If you go for a short-term personal loan from them, you are more likely to repay it before the interest rate becomes too high later on.

5. Personal loan interest rates from Bajaj Personal loan interest rates from Bajaj Finserv Finserv? ? Check your credit score periodically and look for ways to improve it Before you apply for a Bajaj Finserv personal loan, you must check your credit score. Credit bureaus such as CIBIL and Experian usually provide personalized credit reports inside 24 hours. A higher credit score will project you to be more creditworthy to Bajaj Finserv. On the other hand, with a bad credit score, your loan application will be in danger of getting rejected. Also, you may be levied higher interest rates as compared to borrowers with better credit scores. Some ways to improve credit score are listed below- • Check your credit reports for accuracy • Avoid the tendency to buy new credit cards • Leave open unused credit accounts • Pay off dues on time • Do not apply for credit accounts too often • Opt for seasonal offers Check for tenure-based discounts Please have a check on whether Bajaj Finserv personal loan is offering a tenure-based discount. At times, some lenders offer lower interest rates for some specific personal loan tenures. Keep an eye on such offers and try to grab them, if such a scheme deems suitable to you.

6. Features of the Bajaj Features of the Bajaj Finserv Finserv personal loan personal loan Some of the useful features of the Bajaj Finserv personal loan are as follows- •Competitive interest rate starting at 12.99% p.a. •Exclusive pre-approved offers for existing Bajaj Finserv customers •Simplified documentation •Speedy procedure. Online personal loan approval in 5 minutes and cash to account within 72 hours •Diverse personal loan options based on customer requirements •Flexible repayment tenure ranging from 12 months to 60 months •Multiple loan repayment options such as PDCs & ECS •You can get real-time alerts on matters related to your personal loan through an exclusive online account

7. About Bajaj About Bajaj Finserv Finserv Bajaj Finserv, a Non-banking Financial Services Company, is based in India and instrumental in offering a diverse range of asset management, lending, insurance, and wealth management services to its customers through its efficient delivery channels. It was established in the year 2009, as a venture of Bajaj Holdings and Investments Limited Company. The firm enjoys an extensive network of more than 1,400 branches across the country with staff strength of around 20,000. The company was even ranked 119th among top 500 companies earmarked by the Economic Times in 2014.

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