Know more about Ambit Finvest Business Loan on Bajaj Markets
Ambit Finvest provides collateral-free loans to self-employed individuals for business expansion, working capital requirements, and so on. You can get up to ₹2 Lakhs at interest rates starting from 20% p.a. on Bajaj Markets.
These business loans come with a simple online application process and require minimal documentation.
Ambit Finvest offers tailored business loans to help small and medium enterprises meet their capital needs. With an online application process and rapid disbursal on Bajaj Markets, here are some additional highlights of the loan.
Particulars |
Details |
Minimum Loan Amount |
₹1 Lakh |
Maximum Loan Amount |
₹2 Lakhs |
Minimum Loan Tenure |
12 months |
Maximum Loan Tenure |
36 months |
Interest Rate |
Starting from 20% p.a. |
Disbursal Time |
Within 72 hours of approval |
Disclaimer: The information mentioned above is subject to change as per the financial institution's terms and policies.
Ambit Finvest business loans carry interest rates starting from 20% p.a., tailored to your credit profile and business requirements. The final rate depends on factors such as your credit score, business turnover, and repayment history. The interest rates applicable to this business loan are as follows:
Particulars |
Details |
Starting Interest Rate |
20% p.a. |
Maximum Interest Rate |
35% p.a. |
Disclaimer: The information mentioned above is subject to change as per the financial institution's terms and policies.
Ambit Finvest imposes various fees beyond interest rates. These fees can significantly impact the total cost of borrowing. It is important to understand them thoroughly before submitting an application.
Particulars |
Details |
Processing Fees |
3% of the loan amount |
Disclaimer: The information mentioned above is subject to change as per the financial institution's terms and policies.
The Ambit Finvest business loan EMI Calculator helps you determine your monthly instalments with ease.
This lender provides various business loans tailored for MSMEs. To qualify, you need to meet specific Ambit Finvest business loan eligibility criteria, listed below:
Age: You must fall under the age bracket of 23 to 60 years
CIBIL score: You must have a CIBIL score of 675 or above
Business vintage: Business vintage of more than 3 years is required
After meeting the eligibility criteria, you will have to provide certain documents. Here are the required Ambit Finvest business loan documents you need to submit:
KYC documents: (Any one of the following)
Aadhaar card
Voter ID
Passport
PAN card
Bank Statements
GST Number
Follow the simple steps listed below to apply for an Ambit business loan on Bajaj Markets:
Click on the ‘CHECK ELIGIBILITY’ option on this page
Enter your personal and business details
Choose ‘Ambit Finvest’ from the list of lenders
Select the required loan amount and preferred tenure
Submit the online application form
Following this, an executive will contact you for further proceedings
Some benefits of the Ambit Finvest business loan include quick approvals, flexible repayment options, and minimal documentation. Here are some additional features of it:
You can borrow amounts ranging up to ₹2 Lakhs to meet all your capital and business requirements
Fulfil multiple monetary obligations such as financing of working capital, business expansion, equipment purchase, and so on
Repay the loan over flexible repayment tenures of up to 3 years
No need to submit any of your personal or business assets as collateral to get this loan
Ambit business loan features a digital application process that eliminates the need for extensive paperwork
You can opt for either a small-ticket or a high-ticket loan, depending on your requirements and eligibility
The loan amount will be disbursed within 72 hours of your application being approved
Ambit Finvest provides customer care support for business loan enquiries, repayments, and grievance resolution. You can access their customer support via several methods, listed below.
Particulars |
Details |
Phone Number |
+91-9115998000 |
Email Address |
|
Registered Office Address |
Ambit Pvt. Ltd., Ambit House, 449, Senapati Bapat Marg, Lower Parel, Mumbai - 400 013, Maharashtra |
Ambit Finvest Business loan interest rates range from 20% to 35% p.a.
The processing fee charged on the Ambit Finvest business loan can go up to 2% of the loan amount.
The repayment tenure of Ambit Finvest business loans range up to 36 months.
You need to have a CIBIL score of at least 675 in order to be eligible for the Ambit Finvest business loan.
You must be between 23 and 60 years of age to be eligible.