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.20 lakh to upgrade machinery, boost working capital or expand business.
Business Loan Features and Benefits
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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.20 lakh
You can avail a Business Loan up to Rs.20 lakh to meet your various business needs.
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Flexible tenors
Choose Bajaj Finserv Flexi Loan facility andget financing for up to 8 years. -
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:
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Age between 22-55 years
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Business vintage of at least 3 years
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Filing of business IT returns for at least past 1 year
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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
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Click here to apply
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Fill in the details and click Submit
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Our representative would contact you with your pre-approved offer
Through SMS
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SMS ‘BL’ to 9773633633
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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 may also visit us at https://www.bajajfinserv.in/reach-us.
Bajaj Finserv Business Loan is also available in other Indian cities such as Surat, Nagpur, Kanpur, Baroda, and Salem.
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