For traders aiming to expand operations, manage cash flow, or invest in growth, quick access to finance is essential. The Bajaj Finserv Business Loan for traders offers funding of up to ₹80 lakh, with approvals and disbursals completed in as little as 48 hours*. With no collateral required, flexible withdrawal options, doorstep assistance, and online loan management tools, it ensures a seamless borrowing experience. Backed by simple eligibility norms and a hassle-free 4-step application process, this loan empowers traders to concentrate on business growth without worrying about financial hurdles.
What are business loans for traders?
A trader often requires a business loan to cover expenses such as purchasing goods from manufacturers, paying staff salaries, or handling routine maintenance costs. Since many traders extend credit to their clients, delays in receiving payments can create a cash flow gap. During such situations, a business loan for traders can provide timely financial support and ensure smooth operations.
Features and benefits of business loan for traders
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Quick loan disbursal
Meet the eligibility criteria and submit basic documents to enable loan disbursal within 48 hours*.
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Convenience perks
To simplify loan processing, our representatives will offer assistance at your home.
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Flexi facility
With the Flexi Loan facility, you can borrow from your sanction freely and pay interest only on the amount you withdraw.
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Zero collateral needed
There is no need to pledge a valuable asset as security to qualify for a business loan for traders.
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Digital loan tools
Access the customer portal to manage your loan whenever needed, without restriction.
The Bajaj Finserv Business Loan for traders offers funding of up to Rs. 80 lakh with disbursal in just 48 hours*, helping you boost working capital and manage urgent needs without delay. With zero collateral, a Flexi Loan facility, doorstep assistance, and digital loan tools, it provides simple, flexible, and reliable support for your business growth.
If you need financial assistance to purchase goods and services, boost your working capital, renovate your existing business premises or invest in new equipment, Bajaj Finserv Business Loan for traders is the right fit for you. Our loan offers ample funding of up to Rs. 80 lakh. You can have the loan disbursed to your bank account in under 48 hours* post-approval and address urgent needs without a sweat. To benefit from approval within 48 hours*, apply online.
Eligibility criteria and documents required for a business loan for traders
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Age
24 to 80 years*
(*Age should be 80 years at Loan Maturity)
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Nationality
Resident Indian citizen
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CIBIL score
Check your CIBIL Score for FREECredit score should be 685 or higher
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Work status
Self-employed
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Business vintage
At least 3 years
To meet the business loan eligibility requirements, you will need the following documents to apply for a business loan for traders:
- KYC documents
- Relevant business financial documents
- Business proof: Certificate of business existence
Interest rate and charges on business loans for traders
The fees applicable to the Bajaj Finserv Business Loan for traders are nominal to ensure it’s affordability. Along with transparent processing charges, traders can also benefit from a competitive business loan interest rate, making repayment easier and cost-effective. To estimate the total borrowing cost and monthly instalments, you can use the business loan EMI calculator, ensuring better clarity on repayment terms.
How to apply for business loan for traders?
The steps to apply for a business loan are simple to follow and take very little time to execute. Here is a quick 4-step guide to follow:
- 1 Click on ‘CHECK ELIGIBILITY’ to open the application form
- 2 Enter your basic personal and business details
- 3 Upload your bank statements for the last six months
- 4 Receive a call from our representative who will guide you on further steps
Once approved, you will get access to funds in just 48 hours*
*Conditions apply
**Document list is indicative
