Business Loan for Manufacturers

A business loan for manufacturers can be a smart solution to meet the financial demands of running a manufacturing unit. Whether you need working capital or funds for expansion, manufacturing loans offer the flexibility to support your goals. 

Apply online through Bajaj Markets and enjoy customised loan solutions with a range of features and benefits. With flexible repayments and minimal documentation, you can apply online and benefit from quick fund disbursal.

Here are the key features and benefits of a manufacturing business loan on Bajaj Markets:

• Comfortable Upper Limit: Whether you are running a small unit or a large-scale facility, there's a financing option to match your business size. On Bajaj Markets, you can obtain loan amounts of up to ₹80 Lakhs.

• Flexible Repayment Option: A business loan for manufacturers comes with a flexible repayment option to match your needs. On Bajaj Markets, you can choose a repayment tenure up to 96 months.

• Quick Disbursal: Once approved, the loan amount is credited to your bank account within 48 hours, ensuring fast access to funds when needed.

• Minimal Documentation: Enjoy a stress-free application process with simple, minimal paperwork. A business loan for manufacturers on Bajaj Markets is straightforward to apply for, requiring only essential documents to speed up approval and disbursement.

• No Collateral Required: Get a manufacturing business loan without pledging any asset. These loans are unsecured, making the process faster and easier. 

To qualify for a manufacturing business loan, you must meet the following eligibility criteria:

• Nationality: You must be an Indian citizen

• Age: You should be at least 21 years old

• CIBIL Score: You must have a credit score of 700 or more 

• Work Status: Must be self-employed, either professional or non-professional 

• Business Experience: The business should be operational for at least 1-3 years

• Business Type: The business must be registered as a partnership, LLP, or private limited company

• Turnover: Your business must have an annual turnover of at least ₹1 Lakh 

Keep these documents ready when applying for a manufacturing business loan:

• Identity Proof (any one): PAN Card, Aadhaar Card, Passport, Driving Licence, or Voter ID

• Address Proof (any one): Aadhaar Card, Passport, Utility Bills (electricity, water, etc.), Driving Licence, or Lease Agreement

• Income Proof (any one): Latest Income Tax Returns (ITR), Certified copies of income computation, Profit & Loss statement, and balance sheet for the last 2 years, or bank account statement for the last 6 months

• Business Proof (any one): Sole Proprietorship Declaration, Authenticated copy of Partnership Deed, Certified copy of Memorandum and Articles of Association

Applying for a manufacturing business loan is simple and quick. Just follow these easy steps to get started:

1. Click the ‘Apply For Loan’ button on this page

2. Select your profession, then enter your mobile number and pincode

3. Verify your mobile number using the OTP sent to your phone

4. Carefully read and accept the terms and conditions

5. Click ‘CHECK YOUR OFFER’ and wait for a representative to contact you

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.