You can now get a Credit Saison Business Loan of up to ₹10 Lakhs on Bajaj Markets. Enjoy multiple benefits like flexible repayment tenures ranging up to 3 years, easy documentation, and zero collateral requirements.
With the help of this loan, you can renovate your workspace, purchase inventory, manage cash flow and eventually, upscale your business.
The lender offers a range of business loans for small and medium enterprises (SMEs) to help improve sales, upgrade technology, enhance personnel, and manage short-term operational expenses. Here are the key points of the Credit Saison Business Loan:
Particulars |
Details |
Maximum Loan Amount |
₹10 Lakhs |
Minimum Tenure |
12 months |
Maximum Tenure |
36 months |
Interest Rate |
Starting from 22% p.a. |
Disbursal Time |
Within 2 working days |
Disclaimer: The aforementioned details are subject to change at the lender’s discretion.
Credit Saison offers collateral-free business loans with interest rates that vary based on the specific loan product and applicant profile. Here are the interest rates associated with a Credit Saison Business Loan:
Particulars |
Details |
Minimum Interest Rate |
22% p.a. |
Maximum Interest Rate |
28% p.a. |
Disclaimer: The above rates and charges are subject to change at the lender’s discretion.
Like most financial products, this lender also levies some additional charges. Take a look at the details of these fees below to stay informed:
Particulars |
Details |
Processing Fee |
Up to 4.72% (Inclusive of applicable taxes) |
Foreclosure Fees |
5% of the outstanding principal amount |
Disclaimer: The above rates and charges are subject to change at the lender’s discretion.
Use the Credit Saison Business Loan EMI Calculator to quickly calculate your monthly repayment amount.
Meet these basic Credit Saison Business Loan eligibility terms to have a better chance at securing the loan:
Age
The applicant must fall in the age bracket of 23 to 60 years
Business Vintage
The business vintage should be at least 2 years
Business Turnover
The business’s annual turnover should be at least ₹25 Lakhs
CIBIL Score
The applicant must have a CIBIL score of 650 and above
Here is a list of the Credit Saison Business Loan documents you may be asked to submit when applying for the loan:
Identity Proof: (Any one of the following)
Voter ID
Passport
Driving licence
Aadhaar card
Address Proof: (Any one of the following)
Passport
Aadhaar card
Driving licence
Trade Licence
Business Proof: (Any one of the following)
GST Registration Certificate
Trade Licence
Income Proof:
Bank statements of the last 6 to 12 months
How to Apply for a Credit Saison Business Loan on Bajaj Markets
Apply for a Credit Saison Business Loans on Bajaj Markets by following the steps given below:
-
Click on the ‘CHECK LOAN ELIGIBILITY’ option on this page
-
Fill in your personal and professional information in the online application form
-
Choose ‘Credit Saison India’ from the list of business loan providers
-
Mention your preferred repayment tenure and loan amount
-
Submit the application
-
Following this, an executive will reach out to you for further proceedings
Why Opt for Credit Saison Business Loan via Bajaj Markets
Bajaj Markets provides business loans with an easy application process and quick disbursal. Here's why you should opt for this platform to secure a Credit Saison Business Loan:
High Loan Amount
Borrow amounts as high as ₹10 Lakhs to fulfil all of your business’ financial needs
Flexible Repayment Tenures
Repay your business loan easily with flexible repayment tenures ranging up to 3 years
Zero Collateral
You do not need to submit any personal or business assets as collateral to get this loan
Quick Disbursal
Once the loan is sanctioned, you can receive the approved amount within 2 working days
Preclosure Facility
You can opt for a preclosure facility to close your loan prior to the set tenure. For this, you will be required to pay about 5% of the outstanding principal amount.
The company offers different online and offline ways to contact them for your convenience. You can reach out to them through the following means:
Particulars |
Details |
Toll-Free Number |
1800-1038-961 |
+91 9987098137 |
|
Email (Service-Related) |
support@creditsaison-in.com |
You can also visit their branch to reach out to them in person. Simply visit Credit Saison’s online website and go to their ‘Contact Us’ page. Scroll down and put your location in the search bar to find the nearest branch.
Frequently Asked Questions
How much can I borrow with a Credit Saison Business Loan?
You can borrow up to ₹10 Lakhs with a Credit Saison Business Loan. However, the amount you are eligible to get depends on whether you meet the defined criteria. Make sure to check your CIBIL score, annual business turnover, and so forth, prior to applying.
What are the associated charges on a Credit Saison Business Loan?
Along with the interest rate, starting at 22% p.a., you also have to pay a processing fee, which can go up to 4.72%. Furthermore, if you opt for the pre-closure facility, you will be required to pay an extra 5% of the outstanding principal amount.
What is the ideal credit score to get a Credit Saison Business Loan?
The minimum credit score requirement for a Credit Saison Business Loan is 650. However, it is better to have a score higher than 650 to increase your chances of securing the required loan amount at favourable terms.
Check Your Cibil Score
