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Business Loan In Anantapur

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Overview

Possessing a rich deposit of minerals, Anantapur has attracted investments from many big companies especially in the metal and automobile sector. The city is well-connected to Bangalore and other parts of Andhra Pradesh by rail and road. Having many reputable colleges providing high-quality technical education, makes Anantapur a great place to hire specialised manpower from.

Agriculture, construction, electricity, iron-ore mineral and dolomite production are major contributors to the city’s economy.

Business professionals can grow their enterprise in Anantapur by investing in factory infrastructure, upgrading their plant and machinery and maintaining a positive cash flow with a Bajaj Finserv Business Loan in Anantapur up to Rs.30 lakh.

 

Business Loan in Anantapur Features and Benefits

Here are the benefits of our business loan:

  • Pay lower EMIs with Flexi Loans

    Flexibly withdraw your loan in parts as and when your business needs cash and pay interest only on the used sum. Repay in parts when there’s excess funds at nil part prepayment charges. This special feature helps you decrease your EMIs by up to 45%. A low business loan interest rate from Bajaj Finserv further helps to conserve your business’s cash and make strategic investments.

  • Access large capital

    Loans up to Rs.30 lakh help you meet all your business needs. Pre-determine your monthly payments by using a simple Business Loan EMI Calculator.

  • Ease of documentation

    Documents required for business loan are minimum. All you need to do is simply keep 2 documents ready and these will be collected by a Bajaj Finserv representative, right from your doorstep.

  • Get collateral-free loans in 24 hours

    Apply for business loans online, you can expect to receive your application to be approved in 24 hours. These loans being unsecured in nature do not require you to pledge your assets.

  • Easy Business Loan eligibility criteria

    SMEs can easily qualify for these unsecured loans.

  • Just for you offers

    Avail an exclusive preapproved Business Loan and enjoy maximum benefits by sharing just a few details.

  • Online account access

    Easily track your repayment schedule, outstanding amount, interest rate with an online account.

Business Loan Interest Rate and Charges

  • Types of Fees
  • Applicable Charges
  •  
  • Rate of interest
  • 18% onwards
  • Processing fees
  • Up to 2%
  • Loan statement charges
  • NIL
  • Interest & principle statement charges
  • NIL
  • EMI bounce charges
  • Rs.2,500 for every bounce
  • Penal interest
  • 2.00% p.m
  • Secure fee
  • NA
  • Part Prepayment Charges For Flexi Interest-only Loan & Flexi Term Loan facilities
  • Nil

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