Bajaj Finserv Personal Loan Interest Rates

Bajaj Finserv offers ample of personal loans to its customer considering general factors such as CIBIL report, customer’s credit history, repayment capacity, monthly income, etc. the interest rates applied is generally 16%. The processing fee, in addition, shall be 2 to 3% of the loan amount. The company charges Rs 1000 on EMI bounce as 2% as penal charges every month. However, no foreclosure penalties apply on the foreclosure of the loan.

Interest Rates on Bajaj Finserv Personal Loan 2017



Rate of interest

Starts from 11.99% per annum.

Amount of loan

1 lakh to 25 lakh

Tenure of the loan

24 to 60 months

Lowest EMI

Rs.2,224 per month (It is calculated on the  least loan amount for the maximum tenure at the lowest interest rate presented.).

Processing Fee

2.25 to 3 % of the loan value.


25 to 53 years

Prepayment Fee

2% + taxes applicable on value paid 
*Partial Prepayment permissible if 1 EMI is paid.

Foreclosure Fee

4% + taxes applicable on the outstanding principal amount.

Things you should know about the interest rates applicable on Bajaj Finserv Personal loans

  • The interest rates on the personal loans are subject to the repo rates of RBI. The same may be abridged in the coming months but not instantly.
  • The company doesn’t ask you to provide any guarantor, collateral or any other form of security. Again, giving them a security or a guarantee will not bring an impact on the interest rates offered.
  • The CIBIL score has a huge impact on the interest rates offered. The rates differ for different CIBIL scores even if the amount and tenure are the same.

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