Lending Partner Details |
| Name of the Lender |
Bajaj Finance Limited |
| Loan products sourced |
Loan against Mutual Funds |
| Relation |
Lending Service Provider (LSP) of https://www.bajajfinserv.in/bajaj-finserv-partners |
Detail About Charges |
| Interest Rate |
10-16% Per Annum |
| Pledge Charges |
INR 999 + GST |
| Processing Fee Amount |
0.1% - 1% of Sanctioned Amount |
Detail about Other Contingent Charges |
| Part Pre-Payment Charges |
Nil |
| Full Pre-Payment Charges (Foreclosure Charges) |
Nil |
| Bounce Charges Per Bounce, which means charges for i) Dishonour of payment instrument, ii) Non-Payment on time of Instalment on their respective due dates, due to dishonour of Payment mandate or non-registration of payment mandate or any other reason. |
Rs 1200 or Applicable from time to time |
Penal Charges |
| Penal Charges per day for delay in Payment of Instalment(s) |
Charges applicable on |
| From respective due date until the date of receipt of the full Instalment(s) amount |
Interest Payment default & Principal repayment default |
| Brokerage Charges |
As applicable at actual |
| DP Charges |
As applicable at actual |
| Pledge Confirmation Charges |
As applicable at actual |
| Pledge Invocation Charges |
As applicable at actual |
| Demat Share Transfer Charges (Post Invocation) |
As applicable at actual |
| Legal Charges |
As applicable at actual |