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Business Loan In Jamshedpur

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Overview

Also known as the ‘Steel City’, Jamshedpur is home to many large industries like vehicle manufacturing, tinplate production, and cement along with small and medium scale industries revolving around these products. It is a major contributor to India’s crude steel output of 101.23 million tonnes.

Avail a Bajaj Finserv Business Loan in Jamshedpur up to Rs.30 lakh to upgrade your machinery or buy raw materials to expand your business.

 

Business Loan Features and Benefits

Here are the benefits of our business loan:

  • Flexibility

    Borrow funds and repay them as per your needs and convenience with Flexi loan facility.

  • Collateral-free loans

    Apply for Bajaj Finserv Business loans without pledging any assets or collateral as security.

  • Financing up to Rs.30 lakh

    Business loan up to Rs.30 lakh is available to meet your various business needs.

  • Pre-approved offers

    Pre-approved offers

    Choose from special pre-approved offers tailor-made for existing Bajaj Finserv customers.

  • Flexible tenors

    Avail financing for up to 8 years with Bajaj Finserv Flexi loan facility, so you can focus on growing the business.

  • Online account access

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

Documentation and Eligibility Criteria

To avail business loans in Jamshedpur, you need to fulfil 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, the details of which would be conveyed as and when required.
 

Business loans 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

How to Apply for Business Loan in Jamshedpur?

Online Application

  • Click here to apply

  • Fill in the details and click Submit

  • Our representative would contact you with your pre-approved offer

Through SMS

  • SMS ‘BL’ to 9773633633

  • Our representative would contact you with your pre-approved offer

Industries Served

Steel, commercial vehicles, cement, power, construction equipment, industrial equipment, vehicle engines, tin-plate with a huge number of products produced by small and medium scale industries

Contact Us

You can visit our branch office in Jamshedpur at,

4th Floor, 344,“Birenu Tower”, Hitesh Bhawan, 10, S N P Area, Sakchi, Jamshedpur - 831001

You can also write to us at [email protected].

Bajaj Finserv Business Loan is also available in other Indian cities like Ranchi, Bhopal, Raipur, Varanasi, and Gwalior.

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