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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.45 lakh for expansion of your trading, and sugar mill business.

 

Business Loan Features and Benefits

Here are the benefits of our business loan:

  • loan against property emi calculator

    Flexi loan facility

    You can 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 up to Rs.45 lakh to finance your business needs. Know your EMIs through our business loan EMI calculator.

  • Collateral-free loans

    Apply for a Business Loan from Bajaj Finserv without pledging your assets as securities.

  • mortgage loan interest rates

    Flexible tenors

    Business loans range up to 84 months

  • Pre-approved offers

    Pre-approved offers

    As an existing Bajaj Finserv customer, you are entitled to our various innovative offers designed for you.

  • Education loan scheme

    Online account access

    You can manage your loan account online through our customer portal Experia.

Documentation & eligibility criteria

Business loan eligibility criteria are:

  •  

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

  •  

    Business vintage of at least 3 years

  •  

    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


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

  • 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

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.

Top Cities to Avail Business Loan in Maharashtra & Goa

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