Quick & Easy Business Loan at Lowest Interest Rate in Goa

Overview

The globally recognized travel destination Goa, has a strong presence in the mining, ship building, pharmaceutical and dry fruits industry. The Gross State Domestic Product of Goa increased at a CAGR of 7.6 per cent between during FY 12-17.
Keeping in mind the needs of the business people operating from Goa, Bajaj Finserv has come up with unsecured Business Loans with a maximum offering of Rs.20 lakh.

Diversify your offering, meet your daily expense needs, invest in new machinery and more with the Flexi Loan facility from Bajaj Finserv.

Business Loan Features and Benefits

Here are the benefits of our business loan:

Flexi loan facility

The Flexi Loan facility of Bajaj Finserv allows you to borrow funds as per your need and repay when you can.
Collateral-free loans

Apply for a Business Loan from Bajaj Finserv without worrying about pledging collateral.
Financing up to Rs.20 lakh

Business Loans from Bajaj Finserv provides financing up to a maximum limit of Rs.20 lakh.
Pre-approved offers

If your are already a Bajaj Finserv customer, contact us to inquire about your pre approved loan offer.
Flexible tenors

Flexi Loans from Bajaj Finserv come with flexible tenures, with the maximum loan repayment tenure being 8 years.
Online account access

Now you can manage your Business loan from anywhere, online through our customer portal - Experia.

Business Loan Eligibility and Documents

To avail business loans in Goa, you need to fulfill 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 at the time of document verification. You will be informed of these as and when required.

Interest Rates 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

Industries Served

Bajaj Finserv is extending business loan facilities to medium scale industries including manufacturers of pesticides, fertilizers, tyres, tubes, footwear, chemicals, pharmaceuticals, wheat products, steel rolling, fruits and fish canning, cashew nuts, textiles and brewery products, etc operating in Goa.