Business Loan for Self Employed

BUSINESS LOAN FOR SELF-EMPLOYED INDIVIDUALS

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  Loan of up to Rs. 45 Lakh

  Fulfil immediate funding needs with a hassle-free and easy self-employed business loan of up to Rs. 45 lakh.

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  No income documents needed

  Avail the loan for self-employed business owners based on property mortgage and requires zero income documents.
  
  Apply for the self-employed loan online for hassle-free processing and fast disbursal.

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  Financing for both salaried and self-employed

  Both self-employed and salaried individuals can avail this loan with ease against property mortgage.

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  Multiple property mortgage available

  Borrowers can now provide up to 2 properties as collateral to avail a business loan for self-employed in India.

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  Easy balance transfer facility

  Transfer your existing loan balance to Bajaj Finance Ltd. and repay the loan at a lower interest rate.

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  Extended tenure for repayment

  Repay the loan in affordable EMIs spread across a period up to 84 months.

• Business Loan for Self-Employed: Eligibility Criteria

  To avail the business loan for self-employed, fulfil the below eligibility requirements-

  Eligibility Parameter	Eligibility Criteria
  Age	For self-employed – Between 24 to 70 years* (*Age should be 70 years at loan maturity.) For salaried – Between 24 to 70 years* (*Age should be 70 years at loan maturity.)
  Minimum income	Minimum monthly earning of Rs. 24,000 for salaried applicants.
  Residence	Borrowers must stay in their current residence for at least 12 months.
  CIBIL score	Personal CIBIL score of 685 or higher; no commercial CIBIL score required