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

Upscale your company with the help of a Bajaj Finance Business Loan of up to ₹30 Lakhs, now available on bajajfinservmarkets.in. You can enjoy affordable interest rates starting from 9.75% p.a. and repay the loan over tenures of up to 6 years. Furthermore, you can choose between term loans and flexi hybrid loans, as per your needs and financial situation. 

Interest Rates and Charges

Here are the interest rates and charges applicable to these business loans offered by Bajaj Finance.

Interest Rate

9.75% to 30% p.a.


Up to 4.72% (Inclusive of applicable taxes)

BPI (Broken Period Interest)

Added to first instalment amount

Processing Fees 

Up to 3.54% (Inclusive of applicable taxes) of the loan amount

Foreclosure Charges

Up to 4.72% (Inclusive of applicable taxes)

Annual Maintenance Charges

  • Up to 1.18% (inclusive of applicable taxes) of the total withdrawable amount during initial loan tenure
  • Up to 0.413% (inclusive of applicable taxes) of total withdrawable amount during subsequent loan tenure

Bounce Charges

  • ₹1500 per bounce.
  • “Bounce charges” shall mean charges for non-payment of instalment (s) on their respective due dates due to dishonour of payment mandate or non-registration of the payment mandate or any other reason

Penal Charges

Delay in payment of instalment(s) shall attract Penal Charge of ₹24 per day per instalment from the respective due date until the date of receipt of the full instalment(s) amount

Stamp Duty

As per state laws

Flexi Fee


Term Loan - Not applicable

Flexi Hybrid Loan

  • Up to ₹6,499 for loan amount up to ₹10,00,000
  • ₹8,999 for loan amount ranging from ₹10,00,000 to ₹15,00,000
  • ₹13,999 for loan amount ranging from ₹5,00,000 to ₹25,00,000
  • ₹16,999 for loan amount above ₹25,00,000


Cash Collection Handling Charges

₹177 (inclusive of applicable taxes) will be charged if customer opts to make payment in cash when the collection is done by the collection agents. This fee is charged only once per month, regardless of the number of payments made against multiple LANs

Cash Deposit Charges

Customers will incur a cash deposition charge of ₹50 (Inclusive of Applicable taxes) when making cash payments at our branch offices

PG Facility Charges

₹11 (Inclusive of Applicable taxes) will be charged for utilizing the payment gateway to make part or full payments towards the loan through digital properties

*Disclaimer: The details mentioned above are subject to changes as per the terms and policies of the lender.

Features and Benefits

Instant Loans

Get loan amounts as high as ₹30 Lakhs instantly with this loan

Flexible Tenure

Repay the loan over flexible repayment tenures ranging from 1 to 6 years

Competitive Interest Rates

Benefit from affordable interest rates starting from just 9.75% p.a.

Flexi Hybrid Loan Facility

The Flexi Hybrid Loan feature allows you to only withdraw the amount that you need for your business. Here, the interest is calculated only on the amount withdrawn instead of the entire credit limit sa Read Morenctioned. Read Less

Zero Collateral

No need to submit any of your assets as collateral when applying for this loan

Eligibility Criteria and Documents Required

Fulfil the requirements listed below to be eligible for a business loan from Bajaj Finance:

  • You must fall under the age bracket of 24 to 66 years

  • The business must have 3 years of vintage

  • You must be a self-employed individual

  • You must be a citizen of India


The documents that you will need to submit while applying for this business loan are as follows:

1. KYC Documents

  • Passport
  • Driving License
  • Voter ID
  • Job Card issued by NREGA duly signed by an officer of the State Government
  • Letter issued by the National Population Register containing details of name
  • Address of the customer having photograph of the card holder
  • Proof of possession of Aadhaar Number: Aadhaar letter, Aadhaar letter downloaded from UIDAI website, or offline verification of Aadhaar (a XML document generated by the UIDAI)

2. Financial Documents

  • Copies of ITR filings of the last 2 years 
  • Latest bank statements of the past 6 months
  • Profit and Loss statement and the balance sheet for last two years (audited by a CA)

3. Proof of business ownership

  • For sole proprietors 

  1. Sole proprietorship deed or registration document 

  2. PAN card

  3. GST returns

  4. Income Tax Return (ITR) filngs

  • For partnership firms or private limited companies
  1. Partnership agreement (for partnership firms)

  2. Incorporation certificate, memorandum and articles of association (for private limited companies) 

  3. ITR filings

  4. GST returns

  5. Individuals proofs of partners or directors of the company 

How to Apply?

Follow these simple steps to apply for a Bajaj Finance Business Loan on Bajaj Markets:

  • Click on the ‘Apply Now’ option on this page

  • Enter your personal and business details

  • Select ‘Bajaj Finance’ from the list of lenders

  • Choose the preferred tenure and the required loan amount

  • Click on ‘Submit’

  • After this, a representative will reach out to you to further process your loan application.

How to Apply?


Where can I use the amount borrowed with a Bajaj Finance Business Loan?

You can use the borrowed amount to purchase raw-materials and inventory, upgrade infrastructure, expand operations, hire new staff, and much more.

Is a foreclosure or prepayment facility available with these business loans?

Yes, you can foreclose your business loan. However, there are certain fees and processing charges associated with the same.

What is the tenure offered on this business loan?

The tenure of these business loans range from 1 to 6 years. 

What is the maximum amount I can borrow with a business loan from Bajaj Finance?

You can borrow up to ₹30 Lakhs with the help of a Bajaj Finance Business Loan. However, the loan amount offered to you will depend on your eligibility.

Do I need to submit any collateral for these business loans?

No. You don’t have to pledge any asset as collateral for securing this business loan.

What is cooling-off or look-up period?

If you decide to cancel or exit the loan, you have a 3-day window from the loan booking date to initiate the cancellation. During this cooling-off period, you can review the loan's rates, terms, and conditions.

If you wish to cancel the loan, you are obligated to repay the principal amount and the Annual Percentage Rate (APR) charged without incurring any penalties. Once this period ends, standard prepayment charges will apply in accordance with RBI guidelines.


To cancel the loan within the cooling-off/look-up period, visit the customer portal at https://www.bajajfinservmarkets.in/custaccount/#/contact, contact the customer service at 8698010101, or send a cancellation request to BFL at wecare@bajajfinserv.in. Further information can be found at https://www.bajajfinserv.in/.

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