Bajaj offers Personal Loan Line of Credit, helps you manage your cash flow in a smarter manner. A unique offering that allows you to manage your finances more effectively. 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.
Bajaj Personal Loan Line of Credit – Quick, Online Approval
Bajaj Personal Loan Line of Credit Details
|Interest Rate||14.00% On wards|
|Processing Fees||2.25% to 3%|
|Annual Maintenance charges||0.25% of loan amount|
Features of Bajaj Personal Loan Line of Credit
- The EMI for Line of Credit will consist only of the interest amount.
- You can repay the principal amount at the last of the period.
- You have the freedom to part prepay the loan availed and withdraw amounts within your assigned line, as per your convenience
- You may withdraw the complete amount from the part pre-payment done earlier
Benefits of Line of Credit Personal Loan
- Pay only interest as EMI
- No Collateral required
- Part prepay or withdraw online
- No limit on part prepayments with your personal line of credit
- Flexibility to convert to term loan as per convenience
- No charges for withdrawal
- Pay up to 45%* lower EMI