Aditya Birla Capital UDYOG PLUS Business Loan

Aditya Birla Capital Limited (ABCL) offers the UDYOG PLUS Business Loan to help small and medium-sized enterprises (SMEs) meet their financial needs. With loans of up to ₹10 Lakhs, UDYOG PLUS is designed to assist businesses in managing working capital, purchasing equipment, or expanding operations. 

These loans come with interest rates starting from 22% p.a. and repayment tenures of up to 36 months. 

Aditya Birla Capital UDYOG PLUS Business Loan also offers features like no collateral requirement and minimal documentation. The loan comes with flexible repayment terms, making it perfect for businesses that need convenience and flexibility in funding.

Aditya Birla Capital UDYOG PLUS Business Loan helps businesses get high loan amounts, flexible terms, and zero collateral requirements. It serves as a reliable financing option for business growth. Here are the key highlights of this loan:

Understanding the interest rates is crucial when planning to borrow for your business. ABCL UDYOG PLUS Business Loan offers competitive rates to match the needs of small and medium enterprises. These rates ensure affordable borrowing while supporting your business growth goals. Here are the maximum and minimum interest rates you need to know:

Apart from the interest rate charges, the ABCL UDYOG PLUS Business Loan may come with additional costs. These can cover processing fees, late payment penalties, and foreclosure charges. Here are the details for these: 

You can use this tool to estimate your monthly EMI based on loan amount, tenure, and interest rate. It helps you plan repayments and choose a loan option that fits your business budget.

Check out the Aditya Birla Capital Udyog Plus Business Loan eligibility requirements to ensure you qualify the loan. Here are the details:

• Credit Score

You must have a CIBIL score of 700 or more

• Age

Your age must fall within the bracket of 23 to 62 years

• Residence

You must be residing in an area serviceable by ABCL

• Business Turnover

Your business must have a turnover of at least ₹5 Lakhs in the previous 6 months

Alongside fulfilling these requirements, you may also be asked to furnish the following documents:

1. Udyam Certificate (mandatory)

2. Ownership proof:

• Index copy

• Sales deed

• Electricity bill

• Gas bill

3. KYC document:

• PAN card

• Aadhaar card

• Selfie of the applicant and co-applicant

4. Business proof: 

• GST certificate

• Shop Act (Form B is acceptable)

• Trade licences

• Income tax return

• Food licences

• Drug licences

• Import and export trade certificate

• ITEA certificate if engaged in the tour and travel industry

5. Business vintage proof: 

• Current account under the firm’s name

• GST certificate

• Shop Act (Form B is acceptable)

• Trade licences

• Income tax return

• Food licences

• Drug licences

Follow these steps to apply for the Aditya Birla Capital UDYOG PLUS Business Loan online on Bajaj Markets:

1. Click on the ‘CHECK LOAN ELIGIBILITY’ button

2. Fill in your personal and business details in the application form

3. Select ‘Aditya Birla Capital’ from the list of lenders available

4. Choose your preferred loan amount and repayment tenure

5. Submit the application form

Once the application is submitted, a representative from ABCL will contact you for further processing.

Opting for the Aditya Birla Capital UDYOG PLUS Business Loan through the marketplace gives you access to a digital application process with quick approvals. You can compare offers, get personalised loan options, and enjoy end-to-end support.

• High Loan Amount

Access funds of up to ₹10 Lakhs to meet your business's financial requirements.

• Flexible Repayment Tenures

Repay the loan conveniently with tenures ranging up to 36 months.

• Low Interest Rates

Get competitive interest rates starting from 22% p.a.

• Zero Collateral

Secure high loan amounts without pledging any personal or business assets.

• Quick Disbursal

Receive the loan amount within 1 to 3 business days after approval.

• Easy Documentation

Enjoy a hassle-free application process with minimal paperwork.

If you have queries related to your UDYOG PLUS Business Loan, you can contact the dedicated customer support team. You can reach out via call or email to get timely help from their support team with the details mentioned below: