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Business Loan in Nellore

Overview

Located on the banks of Penna river, Nellore is the fourth most populous city of Andhra Pradesh. Its proximity to the sea and fertile land makes it favourable for agriculture and fisheries business. It is also home to the battery and leather manufacturing industries.

Give a much-needed boost to your business and enhance profitability with Bajaj Finserv business loans in Nellore up to Rs.30 lakh.
 

Business Loans Features & Benefits

Here are the benefits of our business loan:

  • Flexibility

    Business loans allows you to avail ourFlexi Loan facility where you can borrow and repay funds as per your business demands.

  • Collateral-free loans

    Apply for Bajaj Finserv Business loans which are collateral-free, which means you don’t have to pledge any security for financing.

  • Financing up to Rs.30 lakh

    You can avail funds up to Rs.30 lakh to meet all short-term and long-term needs of your business.

  • Pre-approved offers

    Pre-approved offers

    As an existing Bajaj Finserv customer, you are eligible for exclusive pre-approved offers specially crafted for you.

  • Flexible tenors

    Bajaj Finserv flexi loan facility enables you to avail business loans with tenor up to 8 years.

  • Online account access

    Our customer portal - Experia provides you the convenience to access and manage your loan accounts at the tip of your fingers.

Business loan eligibility & documents

To avail business loans in Nellore, you need to fulfil 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 last month

Business loans interest rates & 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 Nellore?

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

Agriculture and allied services, paddy, sugarcane, lemon, tomato, milk, meat and fisheries, construction, electricity and manufacturing industries

Contact Us

You can visit our branch office in Nellore for more information on business loans at,

494, Sreeman Enclave, Magunta Layout, Nellore - 524003

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

Bajaj Finserv Business Loan is also available in other Indian cities like Vellore, Guntur, Hosur, Vishakhapatnam and Vijaywada.

Business Loan Instant Approval

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Is your firm audited by CA

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