There is a basic eligibility criterion that needs to be fulfilled for a collateral free business loan. They are as follows:
The applicant must be a citizen of India
Must be a self-employed individual
Self-employed individuals between 26 - 66 years are eligible for this loan
Your business must be at least 3 years
Also read about how to get business loan without an ITR.
Bajaj Finserv business loans are collateral-free, which means you do not have to put your personal or business assets on the line to get the finance for your business. At Finserv MARKETS, you get loans at attractive interest rates for undertaking various business operations, such as an expansion of your business, acquisition of other companies, buying high-value and getting new machinery or equipment, etc. You can simply apply for small business loans online and get pre-approved offers for an instant loan without security from Finserv MARKETS. With personalized pre-approved offers, instant approvals, and quick disbursal of loan amount, on the Finserv MARKETS App, you can get the most attractive interest rates on loans. By applying for a Bajaj Finserv Business loan you can check your CIBIL Score for free and also obtain a Financial Health Check Report (FHCR).
“Finserv MARKETS, a subsidiary of Bajaj Finserv, is a one-stop digital marketplace that has been created for consumers on the go. It offers 500+ financial and lifestyle products, all at one place. At Finserv MARKETS, we understand that every individual is different. And that’s why we have invested in creating a proposition – Offers You Value. A value proposition that ensures you get offers which are tailor made for you. We also offer an amazing product range and unique set of online offers across Loans, Insurance, Investment, Payments and an exclusive EMI store. Be it in helping you achieve your financial life goals or offering you the latest gadgets, we strive to offer what you are looking for. From simple and fast loan application processes to seamless and hassle-free claim-settlements, from no cost EMIs to 4 hours product delivery, we work towards fulfilling all your personal and financial needs. What’s more! Now enjoy the same benefits in just one click with our Finserv MARKETS App.”