A ₹25 Lakh loan can help you meet diverse business needs. These can include expanding your operations, upgrading infrastructure, purchasing equipment, and managing your working capital requirements. With Bajaj Markets, you can gain access to quick and hassle-free funding options.
The loan usually comes with competitive interest rates, and repayment plans tailored to your cash flow. Whether you're a seasoned entrepreneur or just starting out, the business loan can help you achieve your business goals without straining your finances.
Here are the charges and interest rates associated with a ₹25 Lakh business loan:
Lender |
Starting Interest Rate (p.a) |
Associated Charges |
Bajaj Finance |
14.00% |
|
FlexiLoans |
18.00% |
|
IIFL Finance |
16.50% |
|
Indifi |
22.00% |
|
KreditBee |
18.00% |
|
Lendingkart |
19.20% |
|
Protium |
20.50% |
|
U GRO Capital |
24.00% |
|
*Disclaimer: The mentioned rates are subject to change at the lender’s discretion.
Let’s say you got a ₹25 Lakh business loan at an interest rate of 14% p.a. for a tenure of up to 60 months. In this case, the instalment amount is about ₹58,170.63. Here is a breakdown of the loan repayment schedule for the above example:
Tenure |
Principal Paid |
Interest Charges |
Outstanding Dues |
1st Year |
₹3,71,271 |
₹3,26,775 |
₹21,28,728 |
2nd Year |
₹4,26,719 |
₹2,71,330 |
₹17,02,009 |
3rd Year |
₹4,90,447 |
₹2,07,602 |
₹12,11,563 |
4th Year |
₹5,63,690 |
₹1,34,357 |
₹6,47,873 |
5th Year |
₹6,47,873 |
₹50,175 |
₹0 |
*Note: These are approximate values and are meant only for illustration. For actual EMI values, reach out to your lender.
Calculating EMIs manually can be challenging and may result in errors. For quick and accurate results, try using the business loan EMI calculator provided on Bajaj Markets.
To qualify for a business loan of ₹25 Lakh, you may need to meet the following eligibility requirements:
Age: 21–60 years
Citizenship: Indian with a good CIBIL score
Eligibility: Self-employed professional/non-professionals
Business Type: Partnerships, LLPs, and private limited companies
Experience: Minimum 1 year in current business
Income: Annual income of over ₹1.5 Lakhs as per ITR
Do note that these requirements may vary depending on the lender you choose to get the loan from. Thus, ensure to get a complete list of the criteria set by the loan provider and take active measures to meet the set requirements.
When applying for a ₹25 Lakh business loan, prepare the following documents:
Identity Proof (any one):
Aadhaar Card
Passport
PAN Card
Driving Licence
Voter ID Card
Address Proof (any one):
Aadhaar Card
Utility Bills
Passport
Lease Agreement
Income Proof:
Income Tax Return (ITR) along with the income computation
Bank statement of the last 6 months
Profit and Loss Statement and Balance Sheet of the last 2 years
Business Proof (as applicable):
Partnership Deed (certified copy)
Sole Proprietorship Declaration
Memorandum and Articles of Association (certified copy)
Some lenders may ask you to furnish some additional documents when applying for the loan. Promptly submit these to ensure a smooth and hassle-free application process.
Applying for a ₹25 Lakh business loan on Bajaj Markets is simple:
Click on the ‘Check Eligibility’ option on this page
Fill in your personal and business details
Enter your desired loan amount and repayment tenure
Submit the application form for processing
Following this, the loan provider will process your application and contact you for further proceedings.
A ₹25 Lakh business loan provides financial support for various business needs. These include scaling your business operations, purchasing machinery, and managing working capital. It often comes with flexibility in repayment, competitive interest rates, and a simple application process.
Yes, you can get a business loan without providing any collateral. The approval of such loans depends on factors like your credit score and the performance of your business.
The repayment tenure for a ₹25 Lakh business loan typically ranges from 12 months to 96 months. The exact tenure depends on the lender's terms and your repayment capacity.
The approval time for a ₹25 Lakh business loan depends on the lender and your application completeness. Generally, loans are approved within 24-72 hours if all required documents are submitted and eligibility criteria are met.