Bajaj Finserv in your city
Vellore, a growing city in Tamil Nadu, has gained recognition as a hub for healthcare, education, and manufacturing industries. In addition to healthcare, Vellore also boasts a number of well-established educational institutions, offering courses in engineering, technology, and management, making it an academic destination for students seeking quality education.
Beyond education and healthcare, Vellore is also a growing centre for manufacturing, particularly in sectors like leather goods, textiles, and auto components. The city hosts several industries that cater to both domestic and international markets, creating a dynamic environment for entrepreneurs and professionals alike. However, starting or expanding a business in Vellore, like in any thriving market, often requires substantial capital for hiring skilled labour, upgrading facilities, and managing daily operations.
Avail of a Bajaj Finserv Business Loan in Vellore to address the monetary issues in your venture sufficiently. You can also check if you already have a pre-approved offer in Vellore. The entire process is online, no branch visit required:
Check your offer in Vellore with phone number and OTP → Apply online in 5 minutes → Receive funds within a day*
Features and benefits
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Flexi loan facility
With the unique Flexi loan facility, you can bring down your EMIs by almost half for the initial part of the tenor.
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Multiple tenor options
Estimate your monthly outlay with a business loan EMI calculator and choose from a repayment period of up to 96 months.
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Large loan amount
Borrow up to Rs. 80 lakh and use the loan amount to meet your diverse business needs.
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Unsecured loan
Bajaj Finserv offers unsecured business loans, which don’t need any collateral or security for approval.
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Account management online
Log in to our customer portal and manage your loan account, make prepayments, and more.
Vellore is rapidly emerging as a significant educational and healthcare hub in southern India. It attracts students and professionals from across the globe, particularly in the fields of medicine, healthcare, engineering, and management. The city is home to a number of reputed institutions that offer high-quality education in diverse disciplines, fostering an environment of academic excellence and research.
Alongside its educational and healthcare prominence, Vellore is also growing as a centre for industries such as textiles, leather, and engineering. The city supports a thriving industrial base, with companies in the textile and leather manufacturing sectors contributing to both national and international markets. This combination of academic growth and industrial development creates a consistent demand for skilled professionals and services, making Vellore an appealing destination for entrepreneurs and students alike.
If you are a self-employed professional or even a non-professional planning to grow your business in this fast-paced city, Bajaj Finserv offers a simple solution. You can apply for a business loan in Vellore with no restrictions on how you use the funds. Whether it’s for expanding operations, buying equipment, or managing working capital, our loans are designed to suit your needs. The interest rates are affordable, and we follow a transparent policy—no hidden charges. Get 100% online approval for your business loan in Vellore. No branch visit needed to check your eligibility.
Documentation and eligibility criteria
Qualify for a business loan by meeting our simple eligibility criteria. Read about the documents required and keep your papers handy.
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Nationality
Indian, residing in this country
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Age
24 to 80 years*
(*Age should be 80 years at Loan Maturity)
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CIBIL score
Check your CIBIL Score for FREE685
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IT returns
Must be filed for at least the previous year
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Business vintage
At least 3 years
Improve your chances of loan approval by meeting all the eligibility parameters. Experts advise clearing off all existing or smaller debts before applying for new credit. This boosts your eligibility and also makes repayment hassle-free.
Interest rates and charges for business loans in Vellore
Bajaj Finserv offers business loans at attractive interest rates. The processing fees and other charges associated with your loan are nominal. Use the Business Loan EMI Calculator to estimate your instalments and make an informed decision.
Frequently asked questions
You are required to pay a nominal processing fee of up to 4.72% of the loan amount (Inclusive of applicable taxes).
The repayment tenor you choose should depend on the following factors – your monthly liabilities, the applicable rate of interest, and the loan amount. While longer tenors lower your monthly instalments, shorter instalments help you complete the loan repayment sooner.
If you are an existing customer, you can check your pre-approved business loan offer and quickly get the funds you need. New applicants are required to complete their loan applications and submit their documents for approval.
Once approved, the loan amount is credited to your bank account directly. You can access it immediately and utilise it as per your needs.
You can access your loan details, check your repayment schedule, make part-prepayments, and more by visiting our online customer portal.
