Overview
Situated strategically at equal distances from Delhi and Lucknow, Bareilly has experienced rapid growth since the opening of the Indian markets. There are more than 15,000 registered industrial units in Bareilly, with the major industries being agro-based, ready-made garments and embroidery, electrical machinery, and transport equipment. Small manufacturers in Bareilly can avail Bajaj Finserv Business Loan of up to Rs.20 lakh to expand their business.
Business Loan in Bareilly Features and Benefits
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Flexibility
Bajaj Finserv offers Flexi Loan facility to let you borrow as per your need, and repay when you can.
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Collateral-free loans
Avail collateral-free Bajaj Finserv business loans. -
Financing up to Rs.20 lakh
You can avail a business loan up to Rs.20 lakh to cater to your business needs. Our business loan EMI calculator will help you know your EMIs.
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Pre-approved offers
We offer special offers to our existing Bajaj Finserv customers. -
Flexible tenors
Business loans have a tenor ranging from 1 to 8 years, so that you can cater to long term business goals as well. -
Online account access
You can manage your loan account from anywhere, with our customer portal - Experia.
Documentation and Eligibility Criteria
To avail business loans in Bareilly, you need to fulfill 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 at the time of document verification. You will be informed of these as and when required.
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
How to Apply for Business Loan in Bareilly?
Online Application
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Click here to apply and fill the mandatory details
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On submission, our representative will get in touch with you along with your pre-approved offer
Simply SMS
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SMS ‘BL’ to 9773633633
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Our representative will get in touch with you along with your pre-approved offer
Contact Us
You can get more information on Bajaj Finserv Business Loan in Bareilly from:
2nd Floor,R.S. Tower, 165 Civil Lines,Station Road,Bareilly - 243001
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 Hosur, Tirupati, Nellore, Vellore, Anantapur, Jamnagar, and Alwar.
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