Overview
Latur is the trading centre of spices, oilseeds and is famous for sugar mills as well. Other industries of importance are nutcrackers, locks, brassware, milk powder, ginning and pressing.
Bajaj Finserv offers Business Loan up to Rs.20 lakh for expansion of your trading, and sugar mill business.
Business Loan Features and Benefits
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Flexi loan facility
You can borrow as per your need, and repay when you can with Bajaj Finserv flexi loan facility.
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Financing up to Rs.20 lakh
You can avail a business loan up to Rs.20 lakh to finance your business needs. Know your EMIs through our business loan EMI calculator.
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Collateral-free loans
Apply for a Business Loan from Bajaj Finserv without pledging your assets as securities.
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Flexible tenors
Business loans range from 1 to 8 years.
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Pre-approved offers
As an existing Bajaj Finserv customer, you are entitled to our various innovative offers designed for you.
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Documentation & eligibility criteria
Business loan eligibility criteria are:
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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.
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
- Part Prepayment Charges For Flexi Interest
-only Loan & Flexi Term Loan facilities - NIL
Industries Served
Traders of nutcrackers, locks, brassware, milk powder, oil seeds such as sun-flower, soya bean, and safflower; and sugar mill owners can avail our business loans.
How to apply for business loan In Latur
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 Latur from,
1st Floor, Venkatesh Plaza, Ganesh Nagar, Ausa Road, Latur - 413512
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 Bareilly, Bilaspur, Hosur, Tirupati, Nellore, Vellore, Anantapur, and Bhavnagar.
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