EN

BAJAJ FINANCE LIMITED ("BFL") -

Key Fact Statement

Date: 2024-06-03

Reference Number: B2C000074448730

Customer Name : DEVANAND BIBHUTI RAM

Subject : Key Fact Statement

Dear DEVANAND BIBHUTI RAM,

We thank you for choosing Bajaj Finance Limited

(“BFL”) as your financial partner and look forward to
an enduring relationship with you.

With reference to your loan application, we are

pleased to extend to you a Personal Loan.As you
embark on this journey with us, our priority is to
ensure that you are well-informed about the Total
interest payable for entire tenure of the loan, fees and
charges, Annual percentage Rate (APR), and other
important terms includingRepayment Terms
associated with this loan, all of which are detailed in
the following "Key Fact Statement"

Please note all details given in respective

sections.Your acceptance of this Key Fact Statement by
clicking on "I Agree" and/or providing your physical
signature will constitute a valid acceptance of the
“Key Fact Statement” contained therein and same
shall have binding effect on you.

Thanking You,

Authorised Signatory,

Bajaj Finance Ltd.

Key Fact Statement

Sr
Sr
Parameter
Parameter Details
Details
No
No

1 Loan Amount ₹ 5,07,440.00

2 Annualized Rate of Interest 19.00%

Total interest charge during the

3 ₹ 2,98,172.00
entire tenure of the loan (1)

Upfront charges borne by

4 customer (break-up of each ₹ 20,042.00
component given below)

Processing Fee ₹ 19,942.00

Stamp duty ₹ 100.00

Net loan amount for APR (No 1)

5 ₹ 4,87,398.00
- (No 4) (1)

Total Amount to be paid by

6 borrower towards loan (No 1) + ₹ 8,25,654.00
(No 3) + (No 4) (1)

Annual Percentage Rate -

Effective annualized interest rate
(in percentage) (computed on
7 20.84%
net loan amount (No. 5) using
IRR approach and reducing
balance method) (%) (1)

Optional value added

8 products/services opted by the ₹ 10,498.00
borrower (Not part of APR)

CPP Liv Assist ₹ 9,999.00

NIVA BUPA HEALTH PLUS ₹ 0.00

Financial Pulse Report ₹ 499.00

Net disbursement amount after

deduction of Optional value
9 ₹ 4,76,900.00
added products/services amount
(No 5) - (No 8) (1)

10 Tenure of loan (in Months) 63

Repayment frequency by the

11 Monthly
borrower

Number of instalments of
12 63
repayment

Amount of each instalment of

13 ₹ 12,787.50
repayment

Details about Contingent

14
Charges

Part Pre-Payment Charges 4.72%

Full Pre-Payment Charges

4.72%
(Foreclosure Charges)

Bounce Charges (for each

default in repayment of ₹ 700.00
instalment)

Penal charge per day for

delay in payment of ₹ 8.00
Instalment(s)

Cash Collection handling

Charges ₹ 177.00

Cash Deposit Charges ₹ 50.00

PG Facility Charges ₹ 11.00

15 Other Disclosures

Cooling off/look-up period during which

borrower shall not be charged any
a penalty on prepayment of loan (((222))) :
3 days from the date of disbursal. For cancellation
of your loan, you can call us on 8698010101, or
write to us at wecare@bajajfinserv.in

Details of Lending Service Provider

acting as recovery agent and
authorized to approach the borrower:
LSP is not acting as recovery agent.
The details of the recovery agent authorized to
b collect on behalf of Bajaj Finance Ltd will be
intimated to you at the time of recovery
collection. List of authorised associates
empanelled for handling collections are updated
on the BFL's website for reference.
https://www.bajajfinserv.in/active-partners-for-
debt-management-services

Name, designation, address, phone

number and email id of Nodal Grievance
Redressal Officer of lender:
Name: Manish Bhargav
c Designation: Chief Operations Officer
Address: Bajaj Finserv Corporate Office, Viman
Nagar, Pune, Maharashtra - 411014
Phone number: 022-41803901
Email:grievanceredressalteam@bajajfinserv.in

Privacy policy covering scope and type

d of information collected by the lender :
BFL's Privacy Policy

REPAYMENT SCHEDULE (3)

Instl No. Opening Principal Instl Amt Principal

1 5,07,440.00 12,787.50 4,753.03

2 5,02,686.97 12,787.50 4,828.29

3 4,97,858.68 12,787.50 4,904.74

4 4,92,953.94 12,787.50 4,982.40

5 4,87,971.54 12,787.50 5,061.28

6 4,82,910.26 12,787.50 5,141.42

7 4,77,768.84 12,787.50 5,222.83

8 4,72,546.01 12,787.50 5,305.52

9 4,67,240.49 12,787.50 5,389.53

10 4,61,850.96 12,787.50 5,474.86

11 4,56,376.10 12,787.50 5,561.55

12 4,50,814.55 12,787.50 5,649.60

13 4,45,164.95 12,787.50 5,739.05

14 4,39,425.90 12,787.50 5,829.92

15 4,33,595.98 12,787.50 5,922.23

16 4,27,673.75 12,787.50 6,016.00

17 4,21,657.75 12,787.50 6,111.25

18 4,15,546.50 12,787.50 6,208.01

19 4,09,338.49 12,787.50 6,306.31

20 4,03,032.18 12,787.50 6,406.16

21 3,96,626.02 12,787.50 6,507.59

22 3,90,118.43 12,787.50 6,610.62

23 3,83,507.81 12,787.50 6,715.29

24 3,76,792.52 12,787.50 6,821.62

25 3,69,970.90 12,787.50 6,929.63

26 3,63,041.27 12,787.50 7,039.35

27 3,56,001.92 12,787.50 7,150.80

28 3,48,851.12 12,787.50 7,264.02

29 3,41,587.10 12,787.50 7,379.04

30 3,34,208.06 12,787.50 7,495.87

31 3,26,712.19 12,787.50 7,614.56

32 3,19,097.63 12,787.50 7,735.12

33 3,11,362.51 12,787.50 7,857.59

34 3,03,504.92 12,787.50 7,982.01

35 2,95,522.91 12,787.50 8,108.39

36 2,87,414.52 12,787.50 8,236.77

37 2,79,177.75 12,787.50 8,367.19

38 2,70,810.56 12,787.50 8,499.67

39 2,62,310.89 12,787.50 8,634.24

40 2,53,676.65 12,787.50 8,770.95

41 2,44,905.70 12,787.50 8,909.83

42 2,35,995.87 12,787.50 9,050.90

43 2,26,944.97 12,787.50 9,194.20

44 2,17,750.77 12,787.50 9,339.78

45 2,08,410.99 12,787.50 9,487.66

46 1,98,923.33 12,787.50 9,637.88

47 1,89,285.45 12,787.50 9,790.48

48 1,79,494.97 12,787.50 9,945.50

49 1,69,549.47 12,787.50 10,102.97

50 1,59,446.50 12,787.50 10,262.93

51 1,49,183.57 12,787.50 10,425.43

52 1,38,758.14 12,787.50 10,590.50

53 1,28,167.64 12,787.50 10,758.18

54 1,17,409.46 12,787.50 10,928.52

55 1,06,480.94 12,787.50 11,101.55

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56 95,379.39 12,787.50 11,277.33

57 84,102.06 12,787.50 11,455.88

58 72,646.18 12,787.50 11,637.27

59 61,008.91 12,787.50 11,821.53

60 49,187.38 12,787.50 12,008.70

61 37,178.68 12,787.50 12,198.84

62 24,979.84 12,787.50 12,391.99

63 12,587.85 12,787.16 12,587.85

(1) Actual interest calculation would change based on days

gap between date of loan disbursement and first due date of
instalment basis below scenario:

i) Scenario 1 - if gap is more than 30 days then Broken

Period Interest / Pre-instalment Interest would be
deducted from amount finance or added to the first
instalment amount.
ii) Scenario 2 - if gap is less than 30 days then interest of
the first instalment will be charged for actual number of
gap days.

(2) BFL provides an explicit option to the borrower to exit

loan within the Cooling off/Look-up period, by repaying the
principal amount and the proportionate Annual Percentage
Rate (APR) without any penalty during the said period. Stamp
duty, GST and other statutory charges/ taxes levied/ collected
will not be refunded.

(3)
(3) The
The repayment
repayment schedule
schedule is is for
for illustrative
illustrative
purpose.
purpose. There
There might
might be
be aa difference
difference in in the
the actual
actual
repayment
repayment amount
amount due
due to
to rounding
rounding offoff the
the
instalment
instalment amount
amount vis-à-vis
vis-à-vis the
the instalment
instalment amount
amount
mentioned
mentioned inin the
the Key
Key Fact
Fact Statement.
Statement.

KFS/Eng/2024/Apr/V.1

I Disagree I Agree