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Business Loan In Aurangabad

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Overview

The tourism capital of Maharashtra, Aurangabad is a major silk and cotton textile production centre. The city is known for producing the famous Paithani silk saree and a fine blend of fabric made from silk and cotton called Himroo.

If you are a trader, manufacturer, or supplier of cotton, silk, or textile in Aurangabad, you can avail a Bajaj Finserv Business Loan up to Rs.30 lakh to upgrade machinery, boost working capital or expand business.  

Business Loan Features and Benefits

  • Flexi loan facility

    Borrow funds according to your needs and prepay when you can with our Flexi Loan facility.

  • Collateral-free loans

    You can apply for a Bajaj Finserv Business Loan without pledging any assets as security.

  • Financing up to Rs.30 lakh

    You can avail a business loan up to Rs.30lakh to meet your various business needs.

  • Flexible tenors

    Choose Bajaj Finserv Flexi Loan facility andget financing for up to 8 years.

  • Pre-approved offers

    Pre-approved offers

    If you are an existing Bajaj Finserv customer, you can choose from special offers tailored just for you.

  • Online account access

    You can manage your loan account from anywhere with ourcustomer portal - Experia.

Business Loan Eligibility and Documents

To avail business loans in Aurangabad, you need to fulfil the following criteria:

  • Age between 22-55 years

  • Business vintage of at least 3 years

  • Filing of business IT returns for at least past 1 year

  • Previous year's turnover duly audited by a CA

You may need to submit other relevant financial documents, the details of which would be conveyed as and when required.

Interest Rates and Charges

  • Fees type
  • 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 per bounce
  • Penal interest
  • 2.00% p.m
  • Secure fee
  • NA

How to Apply for Business Loan in Aurangabad?

Online Application

  • Click here to apply

  • Fill in the details and click Submit

  • Our representative would contact you with your pre-approved offer

Through SMS

  • SMS ‘BL’ to 9773633633

  • Our representative would contact you with your pre-approved offer

Contact Us

You can visit our branch office at:

2nd Floor, MBC Complex, Cts No. 20192/6, Office No. 5-14-70/P, Adalat Road, Aurangabad – 431001

You can also email us at [email protected].

Bajaj Finserv Business Loan is also available in other Indian cities such as Surat, Nagpur, Kanpur, Baroda, and Salem.

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