Bajaj Finserv

Bajaj Finserv Overdraft Facility

Bajaj Finserv has made its mark as the one of the top-notch non-banking financial company in India through a gamut of Loans & credit cards services provider in India. The Overdraft Facility and EMI card loan services are offered across 139 locations. Bajaj Finserv has adopted a service delivery model which ensures is not only quick but hassle free as well. It is one of the first companies to offer Virtual Overdraft Facility services with minimum set of documents.

Bajaj Finance Flexi loan is an industry intensive loan facility. The product is one of its kinds wherein the company can pre-pay and draw down money as well using a self-service portal in the drop-line facility. The product is easy and hassle-free. The borrowing company gets benefit of saving interest cost by pre-paying through idle or any surplus funds that they customer may have.

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Bajaj Overdraft Facility Offer


Flexi Loans from Bajaj Finserv come as a strategic plan that could help you better manage your finances. You can deposit or withdraw money from your flexi loan accounts, depending on your cash flow. That means, you can either prepay or ‘down-draw’ against your loan as well as make multiple withdrawals as long as you stay within your credit limit. It’s akin to an overdraft facility.

Eligibility Criteria

The following people are eligible to apply for a Flexi Loan:
- Self Employed Professionals - Allopathic doctors, chartered accountants, company secretaries and architects who are practicing their profession.
- Self Employed Non Professionals - Traders and manufacturers, retailers, Proprietors, and service providers etc.
- Entities - Partnerships, Limited Liability Partnership, Private Limited and closely held Limited companies. Apply now

Business Overdraft Account

Business OD from Bajaj Finserv come as a strategic plan that could help you better manage your finances. You can deposit or withdraw money from your flexi loan accounts, depending on your cash flow. That means, you can either prepay or ‘down-draw’ against your loan as well as make multiple withdrawals as long as you stay within your credit limit. It’s akin to an overdraft facility.
Interest Rates
Rate of Interest Up to 16% -35%
Processing Fees Up to 2%
Loan Statement Charges NIL
Interest & principle statement charges NIL
Penal interest 2.00% p.m

Eligibility Criteria

The following people are eligible to apply for a Business OD Loan:
- Self Employed Professionals - Allopathic doctors, chartered accountants, company secretaries and architects who are practicing their profession.
- Self Employed Non Professionals - Traders and manufacturers, retailers, Proprietors, and service providers etc.
- Entities - Partnerships, Limited Liability Partnership, Private Limited and closely held Limited companies. Apply now

Personal line of credit(Overdraft Facility)

Personal Line of Credit,a unique and innovative offering that allows you to manage your cash flows in a smarter and more effective manner. Personal Line of Credit is a facility where you are given a “credit line” and during the term of the facility you pay interest component only on the amount utilized. Unlike our Flexi Loans, the credit line assigned does not reduce by any dropline amount.
Interest Rates
Rack Interest Rate 14.99% onwards
Processing fees 1% - 2.5% of Loan amount
EMI bounce charges ₹ 1,000 for every bounce
Penal interest 2.00% p.m
Flexi Fee ₹ 4,999/-

Eligibility Criteria for Personal Line of Credit(Overdraft Facility)

The following people are eligible to apply for a Personal Line of Credit:
- You are a salaried professional between 25 to 55 years of age.
- Salaried employee of either an MNC, public or private company
- An Indian citizen residing in any of the 30 cities mentioned below Apply Now


Our Happy "Bajaj Finserv Overdraft Account" Customer

We Love to Hear from Our Customers


Happy Client

Pradeep.

Accenture

“It was a good experience with Salariedloans.com for the personal loan. I am happy with Salariedloans. The whole process went smooth with them. Interest rate is good and there was no challenges with the bank in taking the loan. They provided good customer service.”

Happy Client

Arunkumar H.

Wipro

“Thanks for your quick support. Due to my travel plan and urgent need, they arranged the loan within record time. Didn't believe that third party can influence the banks to bring such a quick turnaround.”

Happy Client

Priya

School Director

“Salariedloans has helped us a lot in getting a loan for our School.”

Happy Client

Sharanu M.

Director - Open Help Desk Services

“Salariedloans team have been great and I am really impressed with the support you give and all the effort.”

Simple Loan Process

Turning Money Problem Into Solutions
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Choose Loan Amount

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Provide Document

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Approved Loan

Our loan specialist ask fews question and verify docuements.

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Get your Money

Once loan aprroved you get loan amount credit.