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Located in the western state of Gujarat, Surat is recognized as the textile hub of the country. Additionally, the city has operations pertaining to diamond cutting and polishing, along with several other industries. Given its teeming operations, it is unsurprising that those seeking to avail of a Business Loan in Surat may do so via an effortless process and establish a successful business enterprise for themselves.

Top Business Loan Providers in Surat

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


  • Bajaj Finance

  • KreditBee

  • FlexiLoans

  • Lendingkart

  • NeoGrowth

  • Prefr Partners

  • IIFL

Features and Benefits of Business Loan in Surat

Bajaj Markets is a viable option for those seeking to apply for a small Business Loan in Surat. Personalised offers are available to borrowers, along with several value-added services that enhance the features of the loan, as mentioned below.


  • Applicants can avail the Flexi loan facility, which allows users to borrow what they require and repay the same as per their abilities.

  • Borrowers can avail up to Rs. 50 Lakhs in order to expand and grow their business.

  • A Business Loan in Surat can be availed for a period ranging from 6 to 60 months.

  • An unsecured Business Loan in Surat can be applied without the need for any collateral.

Surat 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 Surat:


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

Prefr Partners

16% onwards

3% to 5% of the loan amount


16.5% onwards

2.5% to 4% of the loan amount

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

Eligibility Criteria for Business Loan in Surat

To apply for a Business Loan in Surat 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:


  • The applicant must be self-employed and aged between 25 and 65 years.

  • Business units, such as private limited companies and partnerships are also entitled to apply for an unsecured Business Loan in Surat.

  • The applicant needs to have been running a business for at least 5 years and must have been engaged in the current business for at least 3 years.

  • The business that the loan is being availed for must be earning an annual income of Rs. 1.5 Lakhs.

Documents Required for Business Loans in Surat

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


  • An authenticated copy for proof of the corporate entity, such as the Partnership Deed

  • Certified copies of the Memorandum and Articles of Association

  • Bank statements from over the last 6 months

  • ITR Form, along with certified details, like Profit and Loss Statement for the last 2 years, balance sheet, income computation, etc.

  • Proof of identity, such as Aadhaar, Driving Licence, Passport, Voter’s ID, etc.

  • Proof of address, such as Aadhaar, Driving Licence, Passport, Utility Bills, etc.

  • 2 passport-size photographs

How to Apply for Business Loan in Surat

You may follow the steps given below to avail a business loan in Surat 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 tenure 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.

FAQs on Business Loan in Surat

  • ✔️How to apply for a business loan in Surat?

    One can apply online for a business loan in Surat via Bajaj Markets by following the below-mentioned steps -

    • Go to the official portal of Bajaj Markets.

    • Under the loan section, click on the ‘Apply for Business Loan’ option.

    • Fill in the form with personal and income details.

    • Choose the loan amount and repayment tenure as per your suitability.

  • ✔️What is the best way to get low-interest business loans in Surat?

    To enjoy the benefits of low-interest business loans in Surat, the applicants can become beneficiaries of government-initiated business loan schemes that aim to promote and offer fund assistance to Startups and small businesses. Applicants, who are not eligible for government-initiated business loan schemes, can apply for a business loan at Bajaj Markets to enjoy maximum fund assistance at reasonable interest rates.

  • ✔️During the application process for a Surat business loan, what documents are required?

    The documents required for the application process for a Surat business loan -

    • Passport-size photographs

    • Identity Proof - Aadhar card, PAN card, etc.

    • Address Proof

    • Business Registration Certificate

    • Additional documents requested by the lending institution

  • ✔️Is there any benefit offered by NBFCs and banks to female entrepreneurs in Surat?

    NBFCs and banks have a special business loan scheme to promote and encourage female entrepreneurs in Surat. These schemes included discounted interest rates, credit facilities, collateral-free loans, etc.

  • ✔️Is it possible for entrepreneurs in Surat to obtain a business loan?

    Yes. Entrepreneurs can get a business loan in Surat without any hassle with proper documentation and an ideal CIBIL score. The applicants can even apply for a business loan online and get maximum fund assistance at reasonable interest rates.