50Fin Fees & Charges
Bajaj Finserv Limited
Bajaj Finserv
Rate of Interest
10.50% p.a
Processing Fees
Starting ₹999 + GST
Bounce Charges *
₹1200 per bounce (“Bounce charges” shall mean charges for (i) dishonor of any payment instrument; or (ii) non-payment of instalment (s) on their respective due dates due to dishonor of payment mandate or non-registration of the payment mandate or any other reason.) (added to the loan outstanding)
Penal Charges *
1.5% per month or 18% p.a. + GST on the principal (Delay in payment of instalment(s) shall attract Penal Charge at the rate of 18% per annum per instalment from the respective due date until the date of receipt of the full instalment(s) amount.) (in addition to the ongoing ROI)
Pre-payment Charges
Full Pre-payment–
Sanction amount up-to 5 Cr - Nil
Sanction amount >5 Cr – Up-to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount as on the date of full pre-payment
Part Pre-payment -
Sanction amount Up-to 5 Cr - Nil
Sanction amount >5 Cr – Up to 4.72% (Inclusive of applicable taxes) of the principal amount of Loan prepaid on the date of such part Pre-Payment.
Note: - If all borrowers and co-borrowers are Individual, Or Micro And Small Enterprises (Mses) and loan availed on floating interest rates, and loan taken for purpose other than business use, then there will be no foreclosure / part payment charges.
Brokerage charges
As applicable at actuals
DP charges
As applicable at actuals
Pledge Confirmation Charges
As applicable at actuals
Pledge Invocation Charges
As applicable at actuals
Demat Share Transfer Charges
(Post Invocation)
As applicable at actuals
Pledging Charges
(For Demat Folio)
₹50 (per ISIN )
Un-pledging Charges
₹400 (if the user doesn't take loan)
Part Payment
ZERO
Preclosure
ZERO
Legal Charges
At Actuals
Infina Finance
Bajaj Finserv
Rate of Interest *
Starting from 10.50% p.a
Processing Fees
Starting ₹999 + GST
Documentation Charges
₹2,500 + GST
Cheque bounce / dishonor / E Nach bounce
Rs. 500/- plus taxes as applicable (per instance)
Non-Creation of Security under Facility Documents
In the event of non-creation of Security under the Facility Documents, the Borrower’s Dues shall carry Penal Charges at 9% per annum plus taxes as applicable, from the date of said default to the date on which the said default is cured by the Borrower, to the satisfaction of the Lender
Default in payment of Borrower’s Dues
Any Borrower’s Dues or part thereof which are not paid or repaid (as the case may be) to the Lender on the respective Due Date(s), shall carry Penal Charges at 9% per annum plus taxes as applicable, from the date on which such payment is due up to the date on which the relevant Borrower’s Dues are actually repaid
Breach of other material terms and conditions under Facility Documents
In the event of any default in the due discharge and performance of any other material obligations under the Facility Documents including upon the occurrence of any other Event of Default, the Borrower’s Dues shall carry a penal charge at 2% per annum plus taxes as applicable, from the date of default up
Pledging Charges
(For Demat Folio)
₹150 (per ISIN )
Un-pledging Charges
₹200 (if the user doesn't take loan)
Part Payment
ZERO
Preclosure
ZERO
Legal Charges
At Actuals
*Rate of Interest Policy - The Lender/Infina follows gradation of risk approach while determining the interest rates to be charged. The pricing for different loan products would be different considering the differences in the underlying risks for these products and factors such as the borrowing cost for the product, operating cost, risk premium needed in the product, Interest Rate, expected return on equity and return on assets. Further within a product, the interest rate for different customers would be different considering various factors (including borrower risk factors) like profile of the borrower, financial strength, CIBIL score, credit history, type of security and security cover, tenor of the loan, competition scenario, relationship history.