Borrow up to Rs. 45 lakh
Business vintage of 3+ years required
Turnover of Rs. 1 crore or more needed
Borrow up to Rs. 45 lakh
Business vintage of 3+ years required
Turnover of Rs. 1 crore or more needed
Features and benefits
Features and benefits
Hassle-free loans up to Rs. 20 lakh
No collateral or guarantor needed
Flexi Loan facility
Minimal documentation
Online account access
Eligibility and documents
Eligibility and documents
You should be between 25-65 years old
Your business should have a vintage of at least 3 years
Your business’ IT returns should be filed for the last 1 year, if your business’ turnover exceeds Rs. 1 crore
Passport-sized photograph
KYC documents
Proof of business existence
Relevant financial documents (If your business’ turnover exceeds Rs. 1 crore)
Fees and charges
Fees and charges
Interest rate: 18% onwards
Processing fees: Up to 3% of the loan amount
Penal interest: 2% per month + applicable taxes
EMI bounce charges: Up to Rs. 3000 (inclusive of taxes)
Loan statement charges: Rs. 50 (applicable only in case of physical copy)
Enter your personal and business-related details on the Business Loan application form.
Attach your bank statements for the last 3 months along with GST returns’ reports of your business.
A Bajaj Finserv representative gets in touch with you within 24 hours to inform you of your business loan offer.
Once you have met the eligibility criteria and credit checks, the money gets credited to your account in 24 hours.