I authorize BFL to exchange, share all information and details as provided by me and in relation to my existing loans and/or repayment history to any third party including but not limited to its group companies, service providers, banks, financial institutions, credit bureaus, telecommunication companies, statutory bodies, business partners etc. I confirm that I have/had no insolvency proceedings against me nor have I ever been adjudicated insolvent by any court or other authority and I further confirm that I have read the information on various loan products made available by BFL on. I declare that all the particulars and information provided by me are true, correct, complete and up-to-date in all respects and that I have not withheld any information whatsoever. I agree that my action of entering the OTP sent by BFL and clicking the “Submit” button, constitutes a valid acceptance by me of the Terms contained herein and creates a binding and enforceable agreement between me and BFL. Have read and understood the terms and conditions contained below (“Terms”). Can understand, read and write in the English language,. By checking the 'Submit' button below and by entering the one-time password (“OTP”) sent by Bajaj Finance Limited (“BFL”), I hereby agrees and acknowledges that I. It is hereby clarified that the rate of interest is fixed in nature and is calculated on reducing balance bases. Same are dynamic and may get revised periodically as per experience and performance of past portfolio and hence are subject to change. 
These variables have been recognized as material risk explaining variables in company segmentation analysis.
Annualized rate of interest applicable for these EMI Lite(s) in BFL varies from 6 % to 25%, on the basis algorithmic multivariate score card which includes following variable (inclusive and not exhaustive): (a) Interest rate risk (fixed or floating loan) (b) Credit and default risk in the related business segment (c) Historical performance of similar homogeneous clients (d) Profile of the Customer (e) Industry segment (f) Repayment track record of the Customer (g) Secured or unsecured loan (h) Ticket size of loan (i) Bureau Score (j) Tenure of Loan (k) Location delinquency and collection performance (l) Customer Indebtedness (other existing loans).
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