✓Minimal Documentation ✓Flexible Repayment ✓Collateral Free Loan | Apply for Business Loan Now! Check Eligibility

You can now apply for a business loan of up to ₹50 Lakhs on Bajaj Markets, where you can compare offers from multiple lenders. Enjoy competitive interest rates starting from 9.75% p.a. with convenient repayment tenures of up to 72 months.

 

Easy-to-meet eligibility criteria, minimum documentation, and hassle-free approval are some of the unique benefits you get to enjoy. Don't be left wondering what could have been – make the smart move today and secure your financial future with Bajaj Markets.

Compare Business Loans

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Minimum Interest Rate
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Maximum Loan Amount
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Maximum Loan Tenure
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Ambit Finvest

20% p.a.

₹50 Lakhs

36 months

4.4
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AYE Finance

29.50% p.a.

₹2 Lakhs

30 months

4.2
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Bajaj Finance Limited

9.75% p.a.

₹30 Lakhs

72 months

4.8
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FlexiLoans

18% p.a.

₹50 Lakhs

36 months

3.9
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IIFL Finance

16.50% p.a.

₹30 Lakhs

48 months

3.9
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InCred

24% p.a.

₹3 Lakhs

60 months

4.1
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Indifi

22% p.a.

₹30 Lakhs

36 months

3.8
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KreditBee

14% p.a.

₹2 Lakhs

12 months

3.9
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Lendingkart

19.20% p.a.

₹35 Lakhs

36 months

4.3
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Protium

20.5% p.a.

₹35 Lakhs

36 months

4.0
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Credit Saison

22% p.a.

₹10 Lakhs

36 months

4.1
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U GRO Capital

26% p.a.

₹2 Lakhs

12 months

4.5
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Disclaimer: The details mentioned above are subject to change at the lender’s discretion.

Features and Benefits

High Loan Amount

Choose to boost your working capital, expand your operations, or hire the staff you need, with a loan of up to ₹50 Lakhs

Quick Approvals

Basis your eligibility, get your business loan application approved instantly from the comfort of your home

Zero Collateral

Apply for a big or small business loan on Bajaj Markets and avoid submitting your valuable assets as collateral

Competitive Interest Rates

Repay at your own pace with competitive interest rates starting at just 9.75% p.a. while enjoying tenures of up to 72 months

Disclaimer: Terms and conditions apply to the above-mentioned benefits, and these may vary based on the lender

Eligibility Criteria and Documents Required

Check the list of terms you need to meet to be eligible for a business loan below.

  • Indian citizen

  • Self-employed professionals such as doctors, chartered accountants, etc.

  • Self-employed non-professionals like traders, manufacturers, etc.

  • Age between 21 and 60 years

  • Partnerships, limited liability partnerships, and private limited companies

  • Minimum business experience of 1 year in the current business and at least 5 years of business experience on the whole

  • Minimum annual income (as per ITR) must be ₹1.5 Lakhs per annum

 

While checking your eligibility is crucial, keeping the required documents handy is equally important. Here is a compiled list of documents required to apply for a business loan in India.

  • Identity Proof: PAN/Aadhaar card, passport, driving licence, Voter’s ID

  • Address Proof: Aadhaar card, passport, utility bills, lease agreement

  • Income Proof: Bank statement for the last 6 months, ITR in addition to certified copies with details, such as income computation, Profit and Loss (P&L) statement and balance sheet for the last 2 years

  • Business Proof: Sole Proprietorship Declaration or authenticated copy of Partnership Deed or Certified copy of Memorandum and Articles of Association

Read More

How to Apply for a Business Loan on Bajaj Markets

Getting a business loan online on Bajaj Markets is now really simple. Just follow these steps:

  • Step 1

    Click on the ‘Apply Now’ button on this page

  • Step 2

    Enter your basic personal details on the online application form

  • Step 3

    Enter the loan amount and preferred repayment tenure

  • Step 4

    Submit the form for verification

business loan

Why Choose Bajaj Markets for a Business Loan?

  • Quick Approval

Applying digitally enables you to get approval on your business loan application within 2 minutes.

  • Instant Disbursal

On meeting the eligibility criteria and receiving approval, you may receive the sanctioned amount within minutes.

  • Minimal Paperwork

Uploading the paperwork online is easy, making the documentation process smoother and faster. 

FAQs and Support

What is a business loan and how does it work?

A business loan involves borrowing capital that you can use to support an existing or a new business. You can use the borrowed funds to increase employee headcount, expand the enterprise, purchase equipment, build working capital, and more.

What is the minimum CIBIL score needed to get a business loan?

To get a business loan, you must have a CIBIL score of at least 685. The higher your score, the better your chances of getting a business loan at negotiable rates.

What is the maximum tenure for a business loan?

On Bajaj Markets, you can get a business loan for a maximum tenure of 72 months.

Can I get a business loan without any collateral?

Yes, a business loan is usually unsecured. This essentially means that you can acquire the funds without having to pledge an asset as security. 

What is the minimum turnover requirement for a business loan?

The minimum turnover required to qualify for a business loan can vary based on the criteria set by different lenders. Typically, it can range from around ₹1 Lakh to around ₹40 Lakhs or so. 

Which entities can avail of a business loan?

Any entity engaged in a legal business in India can avail a business loan if it qualifies for one, depending on the eligibility criteria in place. This includes entities like partnership firms, private companies, public companies, as well as government-owned subsidiary companies.

What is the minimum and maximum loan limit offered for a business loan?

The minimum and maximum limits on business loans vary from one lender to another. The minimum amount you can borrow may be around ₹1200. On the other hand, the maximum amount can be as high as ₹50 Lakhs.

What is the typical interest rate for business loans in India?

The business loan interest rate you get differs from lender to lender and is affected by the lender’s internal policy and benchmark rate. It is also based on your eligibility. On Bajaj Markets, you can get a business loan starting at 9.75% interest p.a.

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