Business Loan in Jabalpur, Madhya Pradesh | Apply for Business Loans in Jabalpur

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:

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.
Flexible tenors

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

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