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Overview

While Jabalpur’s economy is primarily agrarian, it is experiencing rapid industrialization with a military base, ordance factories, and is a major trading centre of forest products. It has other prominent industries such as garments, IT industry, electrical goods, limestone products, steel, cement, industrial safety goods, furniture, and glassware, making it the third-largest urban agglomeration in Madhya Pradesh.

If you are a manufacturer or trader in Jabalpur, avail a Bajaj Finserv Business Loan and get easy financing up to Rs.45 lakh to expand your business.

 

Business Loan in Jabalpur: Features and Benefits

Here are the benefits of our business loan:

  • loan against property emi calculator

    Flexi loan facility

    You get the flexibility to borrow as per your need, and repay when you can, with Bajaj Finserv flexi loan facility.

  • Financing up to Rs.45 lakh

    You can avail a business loan of up to Rs. 45 lakh for financing equipment, working capital and other business needs. Know your EMIs with our business loan EMI calculator.

  • Collateral-free loans

    Avail business loans without pledging any asset as collateral.

  • mortgage loan interest rates

    Flexible tenors

    Business loans have a tenor of up to 84 months, to help you meet your business needs.

  • Pre-approved offers

    Pre-approved offers

    As an existing Bajaj Finserv customer, you can avail special offers.

  • Education loan scheme

    Online account access

    Manage your loan account anywhere with our customer portal - Experia.

Documentation and Eligibility Criteria

Business loan eligibility criteria are:

  •  

    You should be between 24 to 70 years* of age (*Age should be 70 years at loan maturity.).

  •  

    Your business should have a vintage of at least 3 years

  •  

    Your business should have its 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
  • 17% onwards
  • Processing fees
  • Up to 2%
  • Loan statement charges
  • NIL
  • Interest & principle statement charges
  • NIL
  • EMI bounce charges
  • Rs.3000 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

Industries Served


If you are a business owner in Jabalpur you can avail Bajaj Finserv Business Loans. We cater to industries - garment manufacturing, IT, education, electrical goods, limestone products, building materials, glassware, telephone parts, furniture, foodstuffs, steel structures, cement, tobacco products, industrial-safety goods, mechanical engineering, and cinema.
 

How To Apply For Business Loan In Jabalpur

Online Application

  • Click here to apply and fill the mandatory details

  • On submission, our representative will get in touch with you along with your pre-approved offer

Simply SMS

  • SMS ‘BL’ to 9773633633

  • Our representative will get in touch with you along with your pre-approved offer

Contact Us

Visit our Jabalpur branch at:

2nd Floor, Arjun Chhaya,1790 - Russel Chowk, Govind Kunj Colony, Napier Town, Jabalpur – 482002

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 Dehradun, Udaipur, Kota, Trivandrum, Jalandhar, Siliguri, Jamshedpur, and Amritsar.

Top Cities to Avail Business Loan in Madhya Pradesh

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