Eligibility criteria and documents required
Anyone can apply for our business loan if they meet the five basic criteria mentioned below. If you meet all the business loan eligibility criteria, you will need a set of documents to complete your application process.
- Nationality: Indian
- Business vintage: At least 3 years
- CIBIL Score: 685 or higher
- Work status: Self-employed
- Age: 24 years to 70 years*
- KYC documents - Aadhaar/ passport/ voter’s ID/ driving license/ letter from NPR/ NREGA job card
- PAN card
- Proof of business ownership
- Other financial documents
*Higher age limit is applicable at the time of loan maturity.
How to apply for a business loan
Frequently asked questions
You can get a Bajaj Finserv Business Loan at a competitive interest rate between 9.75% p.a. and 30% p.a.
With a business loan from Bajaj Finance you get the flexibility to pay back your loan with repayment options ranging from 12 months to 96 months.
With Bajaj Finserv Business Loan you can get loan of up to Rs. 55 lakh, without any collateral or security.