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Business Loan in Mangaluru


Chief port city of Karnataka, Mangaluru is well-known for its petrochemical and processing industry. In FY 2017-18, Mangaluru was a major contributor to the Rs.24 lakh per capita income of Dakshina Kannada district.

Considering the financial needs of the business owners operating in the city, Bajaj Finserv is offering Business Loans in Mangaluru, with a maximum funding of up to Rs.30 lakh.

Upgrade your infrastructure, meet daily expenses and more with the Flexi Loan facility.


Business Loan Features and Benefits

Here are the benefits of our business loan:

  • Flexibility

    The Flexi Loan facility allows you to borrow funds according to your needs and repay the funds when you can.

  • Collateral-free loans

    Apply for a Business Loan from Bajaj Finserv without pledging any collateral.

  • Financing up to Rs.30 lakh

    Business Loans from Bajaj Finserv provide up to Rs.30 lakh in funding.

  • Pre-approved offers

    Pre-approved offers

    If you are an existing Bajaj Finserv customer, contact our branch for exclusive pre-approved loan offers.

  • Flexible tenors

    Flexi Loans from Bajaj Finserv have a flexible tenor with the maximum loan repayment period being 8 years.

  • Online account access

    Manage your Business Loan from anywhere, anytime, online with our customer portal - Experia.

Business loan eligibility and documents

To avail business loans in Mangaluru, you need to fulfill 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.

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 the previous 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 Mangaluru

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

Bajaj Finserv offers business loan in Mangaluru for business owners operating in the petrochemical and processing industry.

Contact Us

You can visit us at our Mangaluru branch for more information at,

4th Floor, Raj Towers, Balmatta Road, Opp. Hotel Roopa, Mangalore - 575 001.

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

Bajaj Finserv Business Loan is also available in other Indian cities like Tirupati, Vellore, Mysuru, Trivandrum and Nellore.

Business Loan Instant Approval

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Is your firm audited by CA

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