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Bajaj Finance Limited offers personal loans with an annualised interest rate ranging from 11% to 37% p.a. which can be repaid over tenures between 6 months to 96 months. For instance, Priya took a personal loan of Rs. 1,00,000 at an annualised interest rate of 15% p.a. for a tenure of 12 months.
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Bajaj Finance Ltd. ('BFL', 'Bajaj Finance', or 'the Company'), a subsidiary of Bajaj Finserv Ltd., is a deposit taking Non-Banking Financial Company (NBFC-D) registered with the Reserve Bank of India (RBI) and is classified as an NBFC-Investment and Credit Company (NBFC-ICC). BFL is engaged in the business of lending and acceptance of deposits.
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6 April 2023 No Cost EMI options have grown rapidly over the last few years, thus proving the popularity and convenience offered by this type of financing. By paying through EMIs, you split up your purchase cost over a long tenure, making it easier for you to manage your monthly budget.
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Applicable charges. Rate of interest. 11% to 37% p.a. Processing fees. Up to 3.93% of the loan amount (inclusive of applicable taxes). Flexi Fee. Term Loan - Not applicable. Flexi variant - A fee will be deducted upfront from the loan amount (as applicable below) Up to Rs. 1,999/- for loan amount less than Rs. 2,00,000.
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bajaj finance company logo Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. bajaj finance company logo Blogs, Comments and Archive News on Economictimes.com. Corporate FDs pay higher interest than bank FDs, usually 0.75 per cent to 1.5 per cent higher. Senior citizens can even earn additional interest.
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About Bajaj Finance. Bajaj Finance Limited operates as a non-banking financial company in India. The company offers consumer durable, lifestyle, lifecare, digital product, two and three wheeler, developer, used car, medical equipment, vendor, light engineering, specialty chemicals, financial institution, corporate, and warehouse finance services; IPO and ESOP finance, margin trading finance.
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Bajaj Finance Limited (BFL) is an Indian non-banking financial company headquartered in Pune. It is one of the leading non-banking financial companies (NBFCs) of India with a customer base of 73 million and holds assets under management worth โน 270,050 crore (US$34 billion).. As per the 2023 list of NBFCs issued by the Reserve Bank of India, Bajaj Finance Limited holds the second position in.