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

Once home to one of the most renowned universities in the world, the great state of Bihar has witnessed rapid industrial growth in the last few years. As a result, both the state and central governments have spearheaded my projects to promote the start-up culture in Bihar. But as with any other company, the very first challenge for a new business is to muster the required capital. If you are planning to set up your business in Bihar, you can consider applying for a business loan. At Bajaj MARKETS, you can easily avail a business loan for your start-up at attractive interest rates and with flexible terms and conditions.

Top Business Loan Providers in Bihar

You can avail a business loan in Bihar from Bajaj MARKETS at affordable rates of interest. Our lending partners include:

  • Bajaj Finance

  • KreditBee

  • FlexiLoans

  • Lendingkart

  • NeoGrowth

Features and Benefits of Business Loan in Bihar

  • Quick Online Processing: You can apply for a business loan online on our platform and get it approved in just 2 minutes. The online process not only saves time but also ensures that your request is processed instantly and the amount is disbursed into your bank account within 24 hours of approval.
  • Zero Collateral: Some financial institutions demand collateral against a business loan. However, business loans at Bajaj MARKETS are unsecured and do not require the applicant to pledge any collateral.

  • High Loan Limit: Depending on the planned expansion scale, the funds required for a particular business may vary. Therefore, the business loans offered at Bajaj MARKETS come with a high loan limit of up to ₹50 Lakhs.

  • Long Repayment Tenor: It is necessary to have a comfortable loan repayment tenor to make sure that you do not default on your EMIs. At Bajaj MARKETS, you can enjoy a flexible repayment tenor of 12-60 months on your business loan.

Bihar Business Loan Interest Rates

You may refer to the table below to get an estimate of the interest rates and processing fees charged by our various lending partners on business loans in Bihar:


Interest Rate

Processing Fee

Bajaj Finance

20.5% p.a. onwards

Up to 2.75% of the loan amount


15% p.a. onwards



12% p.a. onwards

1.5% to 2.5% of the loan amount


15% p.a. onwards

2% to 3% of the loan amount


18% p.a. onwards

2% to 3% of the loan amount

Disclaimer: Interest rates and processing fees are subject to change. Please check with the lender before applying.

Eligibility Criteria for a Business Loan in Bihar

To apply for a Business Loan in Bihar on Bajaj MARKETS, it is important to make sure that you meet the eligibility criteria of the concerned lending partner. While every lender has a different set of criteria, some basic requirements that you must fulfil are as follows:

  • You must be a citizen of India

  • You must be self-employed

  • Your age must be in the range of 25-66 years

  • You must have business experience of at least 3 years

Documents Required for Business Loans in Bihar

You need to furnish the following set of documents while applying for a business loan in Bihar:

  • Identity Proof: Aadhaar card, passport, voter’s ID, etc.

  • Address Proof: Electricity bill, telephone bill, passport, Aadhaar card, driving licence, etc.

  • Business Proof: Certificate of business existence, Income Tax filings for the previous financial year, profit and loss statements for the past 3 years, etc.

  • 2 passport-size photographs.

How to Apply for Business Loan in Bihar

You may follow the steps given below to avail a business loan in Bihar through Bajaj MARKETS:

  • Step 1: First, head on to the Bajaj MARKETS website. Seek out the ‘Business Loan’ option under the ‘Loans’ tab. Click on ‘Apply Now’ to proceed to fill out an online form.

  • Step 2: Fill out the form with required basic information such as your contact details, personal details, as well as business details. 

  • Step 3: The next step is to fill out the specific details of your business loan, including your choice of tenor and the desired loan amount. 

  • Step 4: Once verified, the business loan can be approved in just 2 minutes and the loan amount would be disbursed to your bank account within 24 hours.