Here is all you need to know about Bajaj Finance Business Loan
Upscale your company with the help of a Bajaj Finance Business Loan of up to ₹80 Lakhs, now available on bajajFinancemarkets.in. You can enjoy affordable interest rates starting from 14% p.a. and repay the loan over tenures of up to 8 years. Furthermore, you can choose between term loans and flexi (and hybrid) term loans, as per your needs and financial situation.
Bajaj Finance offers secure and convenient business loans to assist businesses in expansion and financial management. Popular for its instant approval process and easy repayment schedules, here are some highlights of this loan:
Particulars |
Details |
Minimum Loan Amount |
₹2 Lakhs |
Maximum Loan Amount |
₹80 Lakhs |
Interest Rate |
Starting from 14% p.a. |
Minimum Loan Tenure |
12 months |
Maximum Loan Tenure |
96 months |
Disbursal Time |
Within 48 hours of approval |
Disclaimer: The information mentioned above is subject to change as per the financial institution's terms and policies.
With transparent terms and a range of loan options, the Bajaj Finance business loan ensures that you can access the capital with reasonable terms. Here are more details about the interest rates applicable to business loans:
Particulars |
Details |
Minimum Interest Rate |
14% p.a. |
Maximum Interest Rate |
25% p.a. |
Disclaimer: The information mentioned above is subject to change as per the financial institution's terms and policies.
Apart from the interest rate, Bajaj Finance business loans come with certain additional fees and charges that you must know:
Particulars |
Details |
Processing Fees |
Up to 4.72% of the loan amount (Inclusive of applicable taxes) |
Disclaimer: The details mentioned above are subject to changes as per the terms and policies of the lender.
This calculator helps estimate monthly EMIs and interest, making it easier to plan and manage business finances effectively.
Fulfilling the Bajaj Finance Business Loan eligibility criteria is the first step toward securing quick and hassle-free funds. Here are the eligibility criteria for the Bajaj Finance loan:
You must fall under the age bracket of 21 to 70 years
The business must have 3 years of vintage
Good CIBIL score is recommended
You must be a self-employed individual
You must be a citizen of India
To ensure a smooth application process, it is important to have all the necessary Bajaj Finance business loan documents ready. The documents required 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
A letter issued by the National Population Register containing essential details
The address of the customer having a 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
Sole proprietorship deed or registration document
PAN card
GST returns
Income Tax Return (ITR) filings
For partnership firms or private limited companies
Partnership agreement (for partnership firms)
Incorporation certificate, memorandum and articles of association (for private limited companies)
ITR filings
GST returns
Individuals proof of partners or directors of the company
*Bajaj Markets takes no guarantee that your application will be approved, as loan approval is solely at the discretion of the lender.
Follow these simple steps to apply for the Bajaj Finance Business Loan:
Click on the ‘CHECK ELIGIBILITY’ option on this page
Enter your personal and business details
Provide the loan amount you need, choose the tenure and select ‘Bajaj Finance’ as the lender
Submit the application
After this, a representative will reach out to you to further process your loan application.
A Bajaj Finance unsecured business loan is a smart way to fund your business without pledging any collateral. Here are some additional benefits of this loan:
Get loan amounts as high as ₹80 Lakhs instantly with this loan
Repay the loan over flexible repayment tenures ranging up to 8 years
Benefit from affordable interest rates starting from just 14% p.a.
The Flexi Hybrid Loan feature allows you to withdraw only the amount that you need for your business
No need to submit any of your assets as collateral when applying for this loan
Bajaj Finance provides dedicated customer care support to assist business loan customers with their queries and service needs. Here are the details:
Method |
Details |
Phone Number (Monday- Friday between 9:30 AM to 5:30 PM) |
+91-8698010101 +91- 7757000000 022 41803901 |
E-mail ID |
Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.
You can use the borrowed amount to purchase raw-materials and inventory, upgrade infrastructure, expand operations, hire new staff, and much more.
Yes, you can foreclose your business loan. However, there are certain fees and processing charges associated with the same.
The tenure of these business loans range from 1 to 8 years.
You can borrow up to ₹80 Lakhs with the help of a Bajaj Finance Business Loan. However, the loan amount offered to you will depend on your eligibility.
No. You don’t have to pledge any asset as collateral for securing this business loan.
If you decide to cancel or exit the loan, you have a 7-14 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.