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Business Loan in Mysore

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Overview

Mysuru lends its name to several iconic products such as soap, sweet, ink, painting, silk saree, and more, giving it the moniker – the cultural capital of Karnataka. Mysuru attracts upwards of 8 million tourists every year, making tourism one of its most important industries. Other contributing industries are weaving, sandalwood carving, bronze work and the production of lime and salt.

Avail a Bajaj Finserv Business Loan and get easy financing up to Rs. 45 lakh to expand your business - working capital, machinery and others.

 

Business Loan Features and Benefits

Here are the benefits of our business loan:

  • loan against property emi calculator

    Flexi loan facility

    Enjoy the flexibility to borrow as per your need, and repay when you can, with our Flexi loan facility.

  • Financing up to Rs. 45 lakh

    You can avail a business loan of up to Rs. 45 lakh and know your EMIs with our business loan EMI calculator.

  • Collateral-free loans

    You do not require collateral or a guarantor to avail unsecured Bajaj Finserv business loans.

  • mortgage loan interest rates

    Flexible tenors

    Business loans have a tenor of up to 84 months, to help you achieve your business goals.

  • Pre-approved offers

    Pre-approved offers

    As an existing Bajaj Finserv customer, you are entitled to special offers.

  • Education loan scheme

    Online account access

    Manage your loan account at your convenience with our customer portal Experia.

Documentation and Eligibility Criteria

Business loan eligibility criteria are:

  •  

    You should be between 25-65 years old

  •  

    Your business should have a vintage of at least 3 years

  •  

    Your business should have its Income Tax returns filed for at least the past 1 year

  •  

    Your business should have its 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

Industries Served


You can avail our business loans if you are a business owner in any of these industries - weaving, sandalwood carving, bronze work, and the production of lime and salt.
 

How To Apply For Business Loan In Mysuru

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 from our office at:

2nd Floor, #328, Jayalakshmi Arcade, Narayana Shastri Road, Mysore - 570024.

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 Kolhapur, Jabalpur, Dehradun, Udaipur, Kota, Trivandrum, and Jalandhar.

Top Cities to Avail Business Loan in Karnataka

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