Bajaj Finance Business Loan Interest Rates

Bajaj Finance Limited offers business loans with interest rates starting from 14% p.a., providing financial support for various business needs. Borrowers can get loans of up to ₹80 Lakhs with a maximum tenure of 96 months. The interest rate on Bajaj Finance Business Loans may depend on factors such as the applicant's credit score, business turnover, loan amount, and repayment capacity.

Here are the details of Bajaj Finance Business Loan interest rates, loan tenure, and loan amount:

Disclaimer: The information provided is for reference only and may vary; please verify with Bajaj Finance for the latest details.

Here are the key details of the fees and charges associated with Bajaj Finance Business Loan:

*Disclaimer: The mentioned charges are subject to change at the lender's discretion.

Calculating EMI for business loans is easy. Let’s break down the process using an example to see how EMI changes with different repayment tenures.

Consider taking a business loan of ₹10 Lakhs at an annual interest rate of 14%. Here’s how your EMI would vary based on the loan tenure:

The interest rate on a Bajaj Finance business loan is influenced by several factors, which vary based on the borrower's credit and financial profile. Here are the key factors that may impact the rate:

Credit Score

Your credit score indicates your creditworthiness; a higher score (750 or above) could result in a lower interest rate as it reduces the lender's risk perception.

Business Financials

Strong financial statements, including stable revenue and healthy profit margins, demonstrate a business's repayment capacity and can result in more favourable interest rates.

Loan Amount

The loan amount requested can influence the rate, as higher loan amounts may sometimes qualify for lower interest rates depending on lender policies.

Loan Tenure

The tenure, or repayment period, affects the rate—shorter tenures may attract lower interest rates, while longer tenures typically involve higher rates due to increased risk.

Type of Business

The industry and nature of your business determine its risk profile, with stable and established sectors often attracting more competitive interest rates.

Applicant's Profile

Lenders evaluate your financial history, including income stability and repayment behaviour, to assess risk, which directly impacts the interest rate offered.

Applying for a Bajaj Finance business loan through Bajaj Markets is a simple and hassle-free process. Follow these steps to complete your application:

1. Click on the 'Check Eligibility' button available on the page

2. Fill in your personal details, such as name, contact information, and income details

3. From the list of lenders displayed, choose Bajaj Finance as your preferred option

4. Specify the loan amount you need and select your desired tenure

5. Review all the details carefully and submit your application

Once submitted, your application will go through a verification process. Bajaj Finance will then contact you to proceed with the next steps.