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

Upscale your company with the help of a Bajaj Finance Business Loan of up to ₹30 Lakhs, now available on Bajaj Markets. You can enjoy affordable interest rates starting from 15% p.a. and repay the loan over tenures of up to 6 years. Furthermore, you can choose between term loans and flexi hybrid loans, as per your needs and financial situation. 

Interest Rates and Charges

Here are the interest rates and charges applicable to these business loans offered by Bajaj Finance.

Interest Rate

15% to 32.50% p.a.


Up to 4.72% (Inclusive of applicable taxes)

BPI (Broken Period Interest)

Added to first instalment amount

Processing Fees 

Up to 4.72% (Inclusive of applicable taxes)

Foreclosure Charges

Up to 4.72% (Inclusive of applicable taxes)

Annual Maintenance Charges

Up to 0.295% (Inclusive of applicable taxes)

Convenience Fees

Up to ₹4499

Bounce Charges

₹1500 per bounce

Penal Interest

42% per annum applicable on the outstanding monthly instalment 

Mandate Rejection Charges

₹450 per instance

Stamp Duty

As per state laws

Flexi Fee

  • ₹1357 for loan amounts of up to ₹2,00,000

  • ₹2359 for loan amounts ranging from ₹2,00,001 to ₹3,00,000

  • ₹2359 for loan amounts ranging from ₹3,00,001 to ₹5,00,000

  • ₹2949 for loan amounts from ₹5,00,001 to ₹7,00,000

  • ₹2654 for loan amounts from ₹7,00,001 to ₹10,00,000

  • ₹3845 for loan amounts from ₹10,00,001 to ₹15,00,000

  • ₹6085 for loan amounts from ₹15,00,001 to ₹25,00,000

  • ₹9623 for loan amounts from ₹25,00,001 to ₹40,00,000

  • ₹12271 for loan amounts of ₹40,00,001 and above


*All the Flexi charges above are inclusive of applicable taxes


*Loan amount includes approved loan amount, insurance premium and VAS charges

*Disclaimer: The details mentioned above are subject to changes as per the terms and policies of the lender.

Calculate Your Business Loan EMI

Loan Amount
  • Months
  • Years
Rate of Interest

Monthly EMI

at % interest rate for months

Total Amount Payable
Principal Amount
Total Interest Amount
Year Principal Interest Balance

Features and Benefits

Instant Loans

Get loan amounts as high as ₹30 Lakhs instantly with this loan

Flexible Tenure

Repay the loan over flexible repayment tenures ranging from 1 to 6 years

Competitive Interest Rates

Benefit from affordable interest rates starting from just 15% p.a. 

Flexi Hybrid Loan Facility

The Flexi Hybrid Loan feature allows you to only withdraw the amount that you need for your business. Here, the interest is calculated only on the amount withdrawn instead of the entire credit limit sanctioned.

Zero Collateral

No need to submit any of your assets as collateral when applying for this loan

Eligibility Criteria and Documents Required

Fulfil the requirements listed below to be eligible for a business loan from Bajaj Finance:

  • You must fall under the age bracket of 24 to 66 years

  • The business must have 3 years of vintage

  • You must be a self-employed individual

  • You must be a citizen of India


The documents that you will need to submit while applying for this business loan are as follows:


  • KYC Documents

    • Passport

    • Driving License

    • Voter ID

    • Job Card issued by NREGA duly signed by an officer of the State Government

    • Letter issued by the National Population Register containing details of name

    • Address of the customer having photograph of the card holder

    • Proof of possession of Aadhaar Number: Aadhaar letter, Aadhaar letter downloaded from UIDAI website, or offline verification of Aadhaar (a XML document generated by the UIDAI)

  • Financial Documents

    • Copies of ITR filings of the last 2 years 

    • Latest bank statements of the past 6 months

    • Profit and Loss statement and the balance sheet for last two years (audited by a CA)

  • Proof of business ownership

    • For sole proprietors 

  1. Sole proprietorship deed or registration document 

  2. PAN card

  3. GST returns

  4. Income Tax Return (ITR) filings

  • For partnership firms or private limited companies

  1. Partnership agreement (for partnership firms)

  2. Incorporation certificate, memorandum and articles of association (for private limited companies) 

  3. ITR filings

  4. GST returns

  5. Individuals proofs of partners or directors of the company 

How to Apply?

Follow these simple steps to apply for a Bajaj Finance Business Loan on Bajaj Markets:

  • Click on the ‘Apply Now’ option on this page

  • Enter your personal and business details

  • Select ‘Bajaj Finance’ from the list of lenders

  • Choose the preferred tenure and the required loan amount

  • Click on ‘Submit’

  • After this, a representative will reach out to you to further process your loan application.

How to Apply?


You can use the borrowed amount to purchase raw-materials and inventory, upgrade infrastructure, expand operations, hire new staff, and much more.

Yes, you can foreclose your business loan. However, there are certain fees and processing charges associated with the same.

The tenure of these business loans range from 1 to 6 years. 

You can borrow up to ₹30 Lakhs with the help of a Bajaj Finance Business Loan. However, the loan amount offered to you will depend on your eligibility.

No. You don’t have to pledge any asset as collateral for securing this business loan.

If you decide to cancel or exit the loan, you have a 3-day window from the loan booking date to initiate the cancellation. During this cooling-off period, you can review the loan's rates, terms, and conditions.

If you wish to cancel the loan, you are obligated to repay the principal amount and the Annual Percentage Rate (APR) charged without incurring any penalties. Once this period ends, standard prepayment charges will apply in accordance with RBI guidelines.


To cancel the loan within the cooling-off/look-up period, visit the customer portal at https://www.bajajfinservmarkets.in/custaccount/#/contact, contact the customer service at 8698010101, or send a cancellation request to BFL at wecare@bajajfinserv.in. Further information can be found at https://www.bajajfinserv.in/.

Download App
Credit Score