Bajaj Markets is a marketplace where multiple lenders offer different loan limits and charges, so the final offer depends on your profile, business vintage, and repayment capacity.
| Available Offerings | Maximum Loan Amount | Starting Interest Rate | Maximum Loan Tenure | Processing Fees |
|---|---|---|---|---|
₹80 Lakhs |
14% p.a. |
96 months |
Up to 4.72% (Inclusive of applicable taxes) of the loan amount |
|
₹50 Lakhs |
18% p.a. |
42 months |
Up to 2.5% of the loan amount |
|
₹35 Lakhs |
19.2% p.a. |
36 months |
Up to 3% of the loan amount + GST |
|
₹30 Lakhs |
22% p.a. |
36 months |
Up to 3% of the loan amount + GST |
|
₹30 Lakhs |
18% p.a. |
36 months |
3% to 4.25% |
|
₹75 Lakhs |
15.5% p.a. |
60 months |
Up to 2% + GST |
|
₹35 Lakhs |
20.5% p.a. |
36 months |
1% - 6% |
|
₹75 Lakhs |
17% p.a. |
72 months |
Up to 3% of the loan amount |
Disclaimer: The above-mentioned details are subject to change at the lender’s discretion.
Your EMI changes with the interest rate and repayment tenure, so a longer tenure lowers the monthly EMI but increases the total interest paid.
For example, the table below uses an interest rate of 14% p.a.:
| Tenure | EMI Amount | Interest Rate | Total Interest Payable | Total Repayment Cost |
|---|---|---|---|---|
12 Months |
₹3,14,254 |
14% p.a. |
₹2,71,046 |
₹37,71,046 |
24 Months |
₹1,68,032 |
14% p.a. |
₹5,32,773 |
₹40,32,773 |
36 Months |
₹1,19,626 |
14% p.a. |
₹8,06,539 |
₹43,06,539 |
48 Months |
₹95,730 |
14% p.a. |
₹10,95,025 |
₹45,95,025 |
60 Months |
₹81,438 |
14% p.a. |
₹13,86,253 |
₹48,86,253 |
Disclaimer: The EMI figures shown above are illustrative estimates based on the assumed loan amount, interest rate, and tenure. Actual EMI amounts may vary depending on the lender’s approved loan terms and applicable charges.
Reviewer
You need to apply through marketplaces like Bajaj Markets, meet eligibility criteria, and submit business and income documents. Approval depends on your credit profile, business stability, and repayment capacity.
Lenders usually prefer a strong credit score, and Bajaj Markets mentions a score of 700 or more for long-term business loans. A higher score improves your chances and may help you get a better rate.
It depends on the interest rate and repayment tenure. For example, at an interest rate of 14% p.a., the EMI for a 36-month tenure is roughly ₹1.20 Lakh per month. Choosing a longer tenure can reduce the monthly EMI, although it may increase the total interest paid over the life of the loan.
Yes, many MSME and SME loans are available without collateral, subject to lender policy and your eligibility. Loans on Bajaj Markets can go up to ₹80 Lakhs in some cases.
MSME/SME loans can be offered through Bajaj Markets with repayment tenures of up to 96 months with certain lenders. The exact tenure depends on the chosen lender and your profile.
Approval time varies by lender and document verification, but digital applications are typically faster than offline ones. Final disbursal depends on eligibility checks and lender approval.
Yes, working capital is one of the most common uses of a business loan. You can use it for day-to-day expenses, vendor payments, payroll, and inventory management.
Yes, many lenders allow part-prepayment or foreclosure, though charges may apply. These charges can vary by lender on Bajaj Markets and may go up to 4.72% of the principal outstanding.