Apply for Business Loan Online

Grow your business with a business loan of up to ₹80 Lakhs available on Bajaj Markets. Enjoy attractive interest rates starting as low as 14% p.a. and flexible repayment tenures of up to 96 months. Choose offers from 10+ leading lending partners and experience a seamless application process, quick approval through minimal paperwork on Bajaj Markets.

*Disclaimer: The mentioned details are subject to change at the lender’s discretion.

You can easily get a business loan on Bajaj Markets if you meet the lender’s business loan eligibility criteria. While the exact criteria may vary based on the lender you choose, here are the general requirements:

Eligibility Criteria:

1. Nationality: You should be an Indian citizen
2. Business Experience: Your business should be operational for at least 6 months
3. CIBIL Score: A credit score of 650 or above is required
4. Work Status: You should be self-employed, professional or non-professional
5. Age: You must be above 21 years
6. Business Type: Your business should be registered as a partnership, limited liability partnership, or private limited company
7. Minimum Turnover: Your business's minimum turnover should be at least ₹2 Lakhs

The documentation requirements may vary based on the lender you choose. Keep these basic business loan documents required ready to complete your business loan application quickly and smoothly:

Follow these quick and easy steps to apply for a business loan online on Bajaj Markets:

1. Click here to navigate to the application page
2. Select the ‘Business Owner’ option from the dropdown list to choose the profession
3. Now provide your contact number and pin code
4. Carefully review and agree to the terms and conditions
5. Click on the ‘CHECK YOUR OFFER’ button
6. Enter the OTP that is sent to your registered contact number
7. On the next page of application, provide or choose the following details as required:
   • PAN
   • Name as per PAN card
   • Date of birth
   • Current Residential Status
   • Industry type
   • Nature of Business
   • Monthly Turnover/Sales
   • Business Vintage in years
   • Email ID
8. Click on the ‘CHECK OFFERS’ button
9. You will be shown offers according to your eligibility
10. You also have the option to edit the loan amount and tenure and click on ‘SUBMIT TO CHECK OFFERS’
11. Choose your preferred option and then click on the ‘GET IT NOW’ button
12. Provide any additional details as requested, (if required)
13. You will be redirected to the lender’s website to complete some additional steps such as your KYC verification, e-mandate setup, and loan disbursal.

Take a look at why Bajaj Markets should be your trusted destination for business loans:

• Smooth Online Process

Experience a quick, online application process with easy eligibility checks, allowing you to apply anytime, anywhere.

• Quick Approval

Benefit from swift loan approvals, helping you access funds when you need them most.

• Minimal Documentation

Enjoy a streamlined application process with reduced paperwork.

• Compare Multiple Lenders Easily

Explore offers from over 10+ lenders in one place and find the loan option suited to your business needs.

• Transparency

Clear information on fees, interest rates, and repayment terms ensures no hidden charges, making your borrowing experience straightforward and trustworthy.

A business loan can help you manage different expenses for your business growth. Here are some common ways you can use it:

• Expanding Your Business

A business loan can help you grab good opportunities. You can use it to hire more staff, improve your products, or launch new services.

• Buying Equipment and Machines

Today, every business needs efficient machines to work faster and better. Buying modern equipment can save time and increase your work quality. A business loan makes it easy to buy new machines or upgrade old ones, so your business stays ahead in your business.

• Managing Daily Business Expenses

A working capital loan helps you handle daily expenses smoothly without using up your profits. This ensures that your operations run seamlessly and there is a steady cash flow.

• Spending on Marketing and Advertising

Promoting your business well is essential to attract customers. A business loan can help you pay for online and offline advertisements, hire a marketing team, or work with a marketing company.

• Stocking Up on Inventory

Your business should always have enough products for customers. You can use a business loan to buy more stock when needed or to be ready for big orders. It also helps you set up a good inventory system to manage your stock easily and avoid mistakes.

• Investing in Research and New Ideas

To stay ahead in business, you should keep improving your products and services. With a business loan, you can invest in research and development to gain deeper insights into customer needs and develop superior products tailored to them.

Explore diverse financing solutions designed to meet different business needs. Here are the key types available below:

Before taking a business loan, understanding a few things is essential to make the right decision for your business. Here are some key points: 

• Understand Your Loan Eligibility Criteria

Check if you meet basic requirements like business vintage, income, and profitability before applying.

• Prepare a Detailed Business Plan

Have a clear plan for using the loan amount, like buying stock, paying salaries, or expanding your business.

• Gather Essential Documents

Have your financial statements, tax records, and business proofs to speed up the approval process.

• Assess Financial Health

Review your credit profile and cash flow to ensure you can comfortably manage loan repayments.

• Know the Repayment Terms

Choose a plan that fits your cash flow to keep repayments manageable.