Protium offers business loans of up to ₹35 Lakhs through Bajaj Markets. You can use the funds to fulfil multiple financial needs of your business, like managing the working capital, purchasing equipment, and so on. 

These affordable loans are available at interest rates starting from just 20.50% p.a. for tenures ranging up to 3 years.

Highlights of Protium Business Loan

You may obtain large loan amounts, flexible periods, and no collateral requirements with the aid of a business loan. It is a dependable source of funding for expanding businesses. Here are the Protium Business Loan details:

Particulars

Details

Minimum Loan Amount

₹1 Lakh

Maximum Loan Amount

₹35 Lakhs

Minimum Tenure

12 Months

Maximum Tenure

36 Months

Interest Rate

Starting from 20.50% p.a.

Disbursal Time

Within 3 days

Disclaimer: The details provided are subject to change as per the lender's terms and policies.

Protium Business Loan - Interest Rates

When preparing to borrow money, it is essential to comprehend interest rates. Protium offers competitive rates to accommodate small and medium-sized businesses' demands. These rates help your company's growth objectives while guaranteeing inexpensive financing. You should be aware of the following minimum and maximum interest rates:

Particulars

Details

Minimum Interest Rate

20.50% p.a.

Disclaimer: The details provided are subject to change per the lender's terms and policies.

Protium Business Loan - Other Fees and Charges

A Protium Business Loan may include other costs in addition to the interest rate. These may include foreclosure costs, late payment penalties, and administrative fees. The details regarding these costs is given below: 

Particulars

Details

Processing fee

1% - 6%

Disclaimer: The details provided are subject to change as per the lender's terms and policies.

Protium Business Loan EMI Calculator

You can easily use this calculator to gauge your monthly EMI. It assists you in selecting a loan choice that meets your company's budget and in planning repayments.

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Total Amount Payable
Amortization Schedule
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Eligibility Criteria for Protium Business Loan

Before applying, take a look at the Protium Business Loan’s eligibility criteria:

  • Business registration

Your business should fall under the category of partnership, private limited company, or sole proprietorship

  • Bank account

The applicant must have a bank account (current and savings), net banking access, or ePDF

  • Linked mobile number

The applicant must have an Aadhaar-linked mobile number

  • Business vintage

Your business must have a vintage of at least 2 years

  • Business turnover

The minimum average turnover of the business should be ₹2 Lakhs

  • Bank account balance

The applicant must have a minimum bank account balance of ₹10,000

  • CIBIL score

The applicant's CIBIL score should be over 650

Documents Required for Protium Business Loan

Here is a list of documents required for a Protium Business Loan that you will be required to submit when applying:

  1. PAN Card

  2. Aadhaar Card

  3. Address proof of self and business

  4. Business Proof

How to Apply for the Protium Business Loan on Bajaj Markets

Follow these easy steps to apply for a Protium business loan online, on the Bajaj Markets website:

  • Click on the ‘CHECK LOAN ELIGIBILITY’ button on this page

  • Enter your personal and professional details in the online application form

  • Opt for “Protium” from the business loan providers’ list

  • Fill in your preferred repayment tenure and loan amount

  • Submit the online application form

  • Following this, a representative will contact you for further processing of your application.

BSDA Account

Why Opt for Protium Business Loan via Bajaj Markets

By choosing the Protium Business Loan, you may apply online and be approved quickly. You may receive individualised loan choices, compare deals, and obtain round-the-clock assistance.

  • High Loan Amount

Borrow up to ₹35 Lakhs to fulfil all your business’s financial requirements

  • Flexible Repayment Tenures

Enjoy flexible repayment tenures of up to 3 years

  • Multi-purpose Loan

Fulfil all your business obligations like paying office rent, renovating the workspace, purchasing inventory, and so on

  • Minimal Documentation

The online process gives you freedom from the hassles of paperwork

  • No Hidden Charges

With 100% transparency, be assured of zero hidden charges or fees

  • Quick Disbursal

The sanctioned amount will be disbursed within 3 days after the loan application has been approved

  • Competitive Rates

Protium provides a cost-effective borrowing solution for your business, with interest rates beginning at 20.50% per annum.

Protium Business Loan Customer Care Details

You may contact their committed customer service staff for questions about the Protium Business Loan. To receive prompt assistance from their support staff, use the phone number or email below: 

Particulars

Details

Contact Number

+91 882 882 0004

Email ID

customerservice@protium.co.in

Disclaimer

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.

FAQs

How much can I borrow with a business loan from Protium?

With a Protium Business Loan, you can borrow up to ₹35 Lakhs. However, the amount sanctioned to you will depend on your eligibility.

What is the interest rate charged on Protium business loans?

You can get a Protium Business Loan at interest rates starting from 20.50% p.a.

What can I use a Protium business loan for?

You can utilise a Protium business loan for multiple purposes like renovating your workspace, managing your working capital, purchasing equipment, and so on.

✓Minimal Documentation ✓Flexible Repayment ✓Collateral Free Loan | Apply for Business Loan Now! Check Eligibility
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