Highlights of Bajaj Finance Business Loan
Interest Rate9.75% to 25% p.a.
Loan AmountUp to Rs 80 lakh
TenureUp to 12 years
Processing FeeUp to 3.54%

Bajaj Finance Business Loan Interest Rates

MSME Loans

Loan TypeInterest Rates (p.a.)
Unsecured Business Loan9.75%-30%
Business Loan for Chartered Accountant11%-18%
Business Loan for Doctors11%-18%
Medical Equipment LoanUp to 14%
Secured Business Loan9%-22%

Bajaj Finance Business Loan Fees and Charges

Unsecured Business Loans

ParticularsFees and Charges
Processing FeesUp to 3.54% of loan amount
Prepayment Charges4.72%
Bounce ChargesRs 1,500 per bounce
Documents processing chargesRs 2,360
Penal Interest3.50% per month
Mandate rejection chargesRs 450 per month
Foreclosure ChargesTerm Loan- 4.72%Flexi Term Loan and Flexi Hybrid Loan- 4.72%
Annual Maintenance ChargesFlexi Term Loan- 0.295%Flexi Hybrid Loan- 1.18% during initial loan tenure and 0.295% during subsequent loan tenure

Secured Business Loans

ParticularsFees and Charges
Processing FeesUp to 3.54% of loan amount
Penal Interest3.50%
Document Processing ChargesRs 2,360
MOF (legal and technical charges)Rs 6,000
Annual/additional maintenance chargesFlexi Term Loan- 0.295%Flexi Hybrid Loan- 0.59% during initial tenure and 0.25% during subsequent tenure

Foreclosure and Prepayment Charges

Loan VariantsCharges
Term Loan/Advance EMI/step-up structured monthly instalment/ step-down structured monthly instalment4.72%
Flexi Term Loan4.72%
Flexi Hybrid Loan4%
Prepayment Charges2%Not applicable if the borrower is an individual and loan is availed at floating rates. Also not applicable for Flexi term loan or Hybrid flexi variantTime Period- More than 1 month from date of loan disbursal

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