Leading financial institutions on Bajaj Markets offer business loans at attractive interest rates. This allows you to repay your loan conveniently across a suitable tenure. At Bajaj Markets, business loan interest rates start from 12% p.a.
Disclaimer: The information presented in the table above is subject to change at the lender’s discretion. Check the latest charges with the lender before you apply.
The minimum interest rate of a business loan depends on the lender’s internal policy as well as the benchmark rate. It also depends on the nature of the business, credit score, business turnover, work experience, and business revenue of the applicant.
The repayment period of a business loan typically ranges from 1 to 5 years. However, you can get a maximum tenure of up to 72 months on Bajaj Markets.
Interest rates are determined based on the borrower’s credit score, the loan amount, the repayment history, the relationship with the lender, and other business particulars. It also depends on the lender’s internal policies.
The processing fee for business loans can go up to 3%.
The foreclosure charges for business loans typically range between 1-5% of the outstanding amount.
You can be assured of zero hidden charges as you are offered complete transparency when you apply for a business loan on Bajaj Markets.