Borrow as you need, repay as you can - Loan up to Rs. 30 lakh | Only 2 documents required. Think It. Done

Business Loan in Kolhapur

> >

Business Loan In Ludhiana

Overview

The largest city in Punjab, Ludhiana is a manufacturing hub for auto parts, hosiery, apparels, garments, and bicycles. Ludhiana was ranked the best city in India with respect to business environment, in 2009 and 2013 by the World Bank.

Nearly 60% of India’s tractor parts are produced here. Traders, manufacturers, and suppliers of the aforementioned items can avail a Bajaj Finserv Business Loan up to Rs.30 lakh to increase working capital, upgrade machinery, or expand business.

 

Business Loan in Ludhiana Features and Benefits

Here are the following advantages of our business loan:

  • Flexibility

    With our Flexi Loan facility, you can withdraw funds as and when required and prepay when you’ve surplus.

  • Collateral-free loans

    You don’t need to pledge your personal or business assets as security for availing a business loan.

  • Financing up to Rs.30 lakh

    Avail a business loan up to Rs.30 lakh and use it to meet your various business needs.

  • Pre-approved offers

    Pre-approved offers

    You can choose from special offers selected just for you, as an existing Bajaj Finserv customer.

  • Flexible tenors

    Choose a Bajaj Finserv Flexi Loan facility and get financing for up to 8 years.

  • Online account access

    Our customer portal - Experia, allows you to manage your loan account from anywhere.

Documentation and Eligibility Criteria

To avail a business loan in Ludhiana, you need to fulfil the following criteria:

  • Age between 22-55 years

  • Your business should have a 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.

Documents Required for Business Loan

The documents required for business loan are:

  • Passport size photograph

  • KYC documents

  • Business proof: Certificate of business existence

  • Relevant Financial documents

  • Bank Account statement of last month

Business Loan Interest Rate and Charges

  • Types of Fees
  • Applicable Charges
  •  
  • Rate of interest
  • Up to 16% -35%
  • 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 Ludhiana?

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

Contact Us

You can visit our branch office in Ludhiana at:

1st & 2nd Floor, Scf-35-G,Bhai Randhir Singh Nagar, Opp. Police Station, Orient Cinema Road, Ludhiana – 141002

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

We also offer business loans in other cities of India including Rajkot, Vijayawada, Jodhpur, and Madurai among others.

Business Loan Instant Approval

Please enter your first and last name
Please enter 10 digit mobile number
Please enter your address

Is your firm audited by CA

People Also Considered

Personal Loan People Considered Image

Personal Loan

Pay only interest amount as EMI with our Flexi Interest-only Loan.

APPLY NOW
Fixed Deposit People Considered Image

Fixed Deposit

A safe investment with
return up to 7.85%

APPLY NOW
Doctor Loan People Considered Image

Doctor Loan

Customised financial solutions designed exclusively for doctors

APPLY NOW
Home Loan People Considered Image

Home Loan

High top up amount on Balance Transfer

APPLY NOW