Bajaj Finserv was formed in April 2007 as a result of its demerger from Bajaj Auto Limited to

further the Groups interests in financial services. This demerger enabled Bajaj Finserv to
independently run the core businesses of Lending, Insurance and Wealth Advisory.
Bajaj Finserv Limited is the holding company for the financial services businesses of the Bajaj
Group. Its insurance joint ventures with Allianz SE, Germany namely Bajaj Allianz Life
Insurance Company Limited and Bajaj Allianz General Insurance Company Limited are engaged
in life and general insurance business respectively. Its subsidiary Bajaj Finance Limited is a
Non-Banking Finance Company engaged in consumer finance, SME finance and commercial
lending. Bajaj Financial Solutions Limited, a wholly owned subsidiary of Bajaj Finserv Limited,
is engaged in wealth advisory business.
At Bajaj Finserv, we operate with a simple philosophy of never settling for good, and always
aiming for great. Our wide and growing portfolio of products across lending, insurance and
wealth advisory bears testimony to this belief.

Products Covered
Durable Finance is available in over 101 cities across India and covers a wide range of products
such as

LED/LCD TV
Washing Machine
Microwave Oven
Refrigerators
Air Conditioner
Music system
Smart Phones
Tablets
Camera/Camcorder
Laptop/Desktop
Inverter
Generator
Air/water purifier
Dryer
Dishwasher
Cooking range

Features and Benefits

We deploy technology and apply innovation to create unique and compelling
propositions that help you do what you always wanted to do. Hereunder are a host of
unique features and benefits that you enjoy with Durable EMI Finance. Most of these
features are industry firsts and come only with our portfolio of offerings.

Loan amounts of up to Rs.5 lacs

You can get up to 5 lacs towards the purchase of your favourite durable

Instant and on the spot approval

You don't have to visit any branch or wait for days to get your loan approved. Through
our in store representatives present in the Durable stores, you can get instant approval in
3 minutes.

Minimal documentation

Forget realms and realms of papers and never-ending forms. All you need is a few
documents like PAN card, driving license etc and basic information to be filled in the
loan application form. Most of the formalities can be completed while you are in the store
choosing your favourite durable.

Part Prepayment facility

You can prepay up to 6 times in a calendar year at any interval with the minimum amount
per prepay transaction being not less than 3 EMIs. There is no limit on the maximum
amount. This is subject to your clearing your first EMI.

Preapproved offers

As our existing privileged customer, you will get special pre-approved offers from time
to time.

Eligibility and Documents

You are a salaried person and between 21 years and 60 years of age

Documents required
Photo Id Proof
Residence proof
One cancelled cheque in case of ECS
Credit program specific documents (Any one of the following)
Credit card front side photocopy
Visiting card & Employee Id proof
Photocopy of RC book (Not applicable for
vehicles registered after 2004 & commercial cars)
Bajaj Finserv existing loan repayment Loan Account Number /

Schedule (subject to not later than 18 months old)

Any other Bank/NBFC repayment schedule
Latest salary slip

Fees and Charges

Product Category

Processing Fees

Panels (LCD/LED/Plasma)

Rs. 649

Appliances (Refrigerator/Air Conditioner/Micro wave oven/ Washing

Machine/Others)

Rs. 549

How to Apply
Partner Outlets
All you have to do is visit our dealer partner Durable outlet and contact our in-store executive.
You will need to fill an application form and submit the required documents. (Our executive will
help you fill the application form). Based on these documents an instant approval will be
obtained. Depending on the Credit program you choose, there may be a few additional
requirements that you may need to complete. To locate our dealer partner store nearest to you,
simply fill in your location detail in 'Nearest Dealer Location' tab in the Quick Links section to
the right of the page.
EMI card
Just swipe, sign and you are good to go. Click here to know more
Q1. What is a Durable loan?
A. A Durable loan is a loan for purchase of Durable like Washing Machine, Refrigerator,
Television, etc.

Q2. What is the process for availing the loan?

A. Please check out the How to apply section for more details.

Q3. What are the tenors for which I can avail of the loan?
A. You have flexible tenor options to choose from, ranging from 6 to 30 months.

Q4. What is the documentation required?

A. You need to provide a valid income document, photo id proof, residence proof and
PDC's/ECS. Depending on the Credit program you opt for, you will be required to give some
minimal additional document(s). For more details, please check out the Documents column
within the Eligibility section.

Q5. What is the interest and processing fees charged for the loan?
A. We offer Durable Finance under which there is absolutely no interest charged. These offers
are available on a range of products. For products that are not covered under Durable Finance,
you will be charged nominal interest as per the prevailing company interest rate and policy. A
nominal processing fee is charged depending on the special offers running at the time.

Q6. How does Bajaj Finserv offer durable finance at rate to customers?
A. We do not charge any interest component to our customers. All that a customer has to pay is
some upfront instalments (as applicable) for the amount financed and a nominal amount of
processing charges. The manufacturers bear an annualised rate of interest which is based on risk
gradation, cost of funds, margin & risk premium. There are no hidden charges whatsoever.

Q7. Whom do I contact in case of any further queries regarding the loan? Where can I get
this loan?
A. You can walk into our dealer partner Durable outlets and connect with our in-store
executives. To find out our dealer partner store nearest to you, simply fill in your location detail
in our Find the nearest store section.

Q8. Can I foreclose the loan, and what is the procedure for the same?
A. Yes, you can foreclose after 6 months from the loan disbursement date. Just walk into one of
our branches or contact us on wecare@bajajfinserv.in and we will be happy to help you.

Q9. Are there any charges for foreclosing the loan?

A. There are absolutely no charges or penalty for foreclosing your loan.

Self employed
Products Covered
Durable Finance is available in over 101 cities across India and covers a wide range of products
such as

LED/LCD TV
Washing Machine
Microwave Oven
Refrigerators
Air Conditioner
Music system
Smart Phones
Tablets
Camera/Camcorder
Laptop/Desktop
Inverter
Generator
Air/water purifier
Dryer
Dishwasher
Cooking range

Features and Benefits

We deploy technology and apply innovation to create unique and compelling propositions that
help you do what you always wanted to do. Hereunder are a host of unique features and benefits

that you enjoy with Durable EMI Finance. Most of these features are industry firsts and come
only with our portfolio of offerings.
Loan amounts of up to Rs.5 lacs

You can get up to 5 lacs towards the purchase of your favourite durable
Instant and on the spot approval

You don't have to visit any branch or wait for days to get your loan approved. Through our in
store representatives present in the Durable stores, you can get instant approval in 3 minutes.
Minimal documentation

Forget realms and realms of papers and never-ending forms. All you need is a few documents
like PAN card, driving license etc and basic information to be filled in the loan application form.
Most of the formalities can be completed while you are in the store choosing your favourite
durable.
Part Prepayment facility

You can prepay up to 6 times in a calendar year at any interval with the minimum amount per
prepay transaction being not less than 3 EMIs. There is no limit on the maximum amount. This is
subject to your clearing your first EMI.
Preapproved offers

As our existing privileged customer, you will get special pre-approved offers from time to time.

Eligibility and Documents

You are a Self employed professional and between 21 years and 65 years of age

Documents required
Photo Id Proof
Residence proof
One cancelled cheque in case of ECS
Credit program specific documents (Any one of the following)

Credit card front side photocopy

Visiting card & Employee Id proof
Photocopy of RC book (Not applicable for
vehicles registered after 2004 & commercial cars)
Bajaj Finserv existing loan repayment Loan Account Number /
Schedule (subject to not later than 18 months old)
Any other Bank/NBFC repayment schedule
Banking details (latest 6 months) account type- OD/ CC

Fees and Charges

Product Category

Processing Fees

Panels (LCD/LED/Plasma)

Rs. 649

Appliances (Refrigerator/Air Conditioner/Micro wave oven/ Washing

Machine/Others)

Rs. 549

How to Apply
Partner Outlets

All you have to do is visit our dealer partner Durable outlet and contact our in-store executive.
You will need to fill an application form and submit the required documents. (Our executive will
help you fill the application form). Based on these documents an instant approval will be
obtained. Depending on the Credit program you choose, there may be a few additional
requirements that you may need to complete. To locate our dealer partner store nearest to you,
simply fill in your location detail in Nearest Dealer Location tab in the Quick Links section to
the right of the page.
EMI card

Just swipe, sign and you are good to go. Click here to know more