There is a certain satisfaction that accompanies the achievement of establishing and running one’s own business. However, achieving that milestone is no cakewalk as it requires years of considerable time, effort and energy. Moreover, if there is one thing that keeps the gears of a business running, it is a smooth flow of financing which is a challenge in its own right.
As a result, business owners across the country look to the option of availing business loans from reputed lenders to help them reach their financial goals. A business loan can go a long way in setting up the foundation of a business, help expand the business, or simply sustain its day-to-day functioning.
However, the beneficial impact of a business loan is only as good as the lender who provides it to you. Moreover, while availing certain business loans can be quite a hassle, other lenders ensure that it is disbursed in as convenient a manner as possible. When it comes to the latter, the best business loan option is that of a pre-approved loan, such as the one available on Finserv MARKETS.
You can avail of a pre-approved business loan on Finserv MARKETS that can be easily customised to suit your business needs. Moreover, since it is pre-approved, it comes with its own share of useful features and benefits.
With the pre-approved business loan at Finserv MARKETS, you can avail loan amounts of up to Rs. 30 lakhs. This substantial amount can be utilised for a variety of business purposes such as raising capital, expansion and growing operations.
Moreover, the pre-approved Bajaj Finserv business loan on Finserv MARKETS comes at a competitive and attractive interest rate. These low interest rates as well as the pre approved loan’s various flexible payment options will allow you to repay your loan according to your convenience.
With the pre approved business loan at Finserv MARKETS, you can use your loan amount as and when the requirement arises with the Flexi-loan option. You can even pay only the interest as EMI on the used loan amount, and repay the principal amount at the end of the tenure.
It is also incredibly convenient to avail a pre-approved loan for your business at Finserv MARKETS. The application process for the same is completely hassle-free and requires only minimal documentation.
The advantages of the pre-approved Bajaj business loan also extend to how conveniently you can track your loan status. The business loan is accompanied by your own online portal that you can access any time and from anywhere to access your business loan statements.
Before availing any type of loan, it is essential to ensure that you fulfill the eligibility criteria set by the lender for that specific loan. In case of the Bajaj Finserv business loan on Finserv MARKETS, the eligibility criteria is fairly simple and uncomplicated. This provides access to a variety of business owners, including entities, self-employed professionals and self-employed non-professionals.
Here are some of the most important points in the eligibility criteria for the pre approved loan:
The loan applicant should be within the age range of 26 to 66 years old.
The loan applicant should own a business that has been running for at least 3 years.
The loan applicant’s business should have Income Tax Returns filed for a minimum of 1 year.
There are also a few important documents required of the loan applicant. These include identity proof, address proof, financial documents such as bank statements and income tax returns, and proofs of business ownership.
Lastly, if the pre-approved business loan of your choice appears to be a perfect fit, all that remains is to get started with the application process. With the Bajaj Finserv business loan available at Finserv MARKETS, this process is made even simpler by following these basic steps:
Apply for business loan on the Finserv MARKETS platform. You will then be required to fill out a Business loan application form. Input the relevant personal and business-related information and submit the form.
You can then upload the required documents online, as listed out in the previous section.
Based on your details, you will then be notified of your business loan offer within the next 24 hours.
Upon meeting the eligibility criteria and completing the process, you will receive the pre-approved business in your account within just 24 hours.
Therefore, pre-approved business loans are not only convenient to avail but come with a variety of beneficial features as well. In particular, the pre-approved Bajaj Finserv business loan on Finserv MARKETS has been created keeping the needs and priorities of business owners in mind. It has a simple application process, a basic eligibility criteria and a quick, convenient loan disbursal process to ensure the funding of your business is received smoothly. With the trust of over 100 million users across India, this pre-approved business loan is truly the best in the market.