Long-term Business Loan

Access long-term business loans on Bajaj Markets at competitive interest rates and with flexible repayment terms. These loans can help finance business expansion, equipment purchases, or day-to-day operational expenses, with or without collateral, depending on the lender.

Use the Loan EMI Calculator to estimate your monthly instalments based on the loan amount, tenure, and interest rate. Compare offers from various lenders to assess total interest and repayment obligations, and make an informed borrowing decision.

Businesses take long-term business loans to cover their business-related expenses or to fund their expansion plans. These loans are repaid over extended periods, usually ranging from 3 to 8 years. 

The main reason why businesses go for such a loan is that after getting one, they will have to pay a lower amount as Equated Monthly Instalments (EMIs) to repay it.

Businesses typically use these loans to fund major investments, such as:

• Purchasing commercial real estate

• Acquiring machinery or equipment

• Expanding the workforce

• Launching a new venture

• Setting up a new branch or office

• Buying business assets

• Upgrading operational capacity

If you are seeking a loan for your business, you can explore various financing options on Bajaj Markets. The table below provides a comparison of long-term business loan interest rates, loan amounts, and associated charges across different lending partners:

Disclaimer: The above-mentioned details are subject to change at the lender’s discretion

Despite the convenience on offer, lenders set up certain eligibility criteria that you must fulfil to secure the loan. Read on to learn the eligibility criteria for availing a business loan on Bajaj Markets:

• You must be an Indian citizen

• Your credit score should be 700 or more

• Your minimum age must be 21

• The business must be operational for at least 1 to 3 years

• Your business must register as a partnership, limited liability partnership (LLP), or private limited company 

• The annual turnover of the business has to be at least ₹1 Lakh or more, depending on the lender’s criteria

To secure a long-term business loan, you will have to submit the following documents:

Identity Proof (Submit any one of the following)

• PAN Card

• Aadhaar Card

• Passport

• Driving Licence

• Voter ID

Address Proof (Submit any one of the following)

• Aadhaar Card

• Passport

• Driving Licence

• Utility Bills

• Lease Agreement

• Voter ID

Income Proof (Submit any one of the following)

• Income Tax Return (ITR), along with certified copies detailing income computation, Profit and Loss (P&L) statement, and balance sheet for the last 2 years

• Bank statement for the last 6 months

Business Proof (Submit any one of the following)

• Sole Proprietorship Declaration

• Authenticated copy of the Partnership Deed

• Certified copy of Memorandum and Articles of Association

You can apply for a business loan online on %$$BrandName$$ by following these simple steps:

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

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

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

4. Accept the terms and conditions after going through them carefully

5. Click ‘CHECK YOUR OFFER’ and follow the next steps as guided by the representative

Reference of all T&C necessarily refers to the terms to the Partners as regards pre-approved offers and loan processing time, amongst other conditions.