Unsecured Business Loans in Vellore
Also known as the ‘Leather Hub of India’, Vellore is the top exporter of finished leather goods in the country accounting for 37% of leather export. Other industries in the area such as automobiles, engineering and manufacturing have transformed it into a business hub of Tamil Nadu.
You can give a much-needed boost to your business with Bajaj Finserv business loans up to Rs.45 lakh in Vellore.
Business Loan in Vellore: Features and Benefits
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Flexi loan facility
Bajaj Finserv Business loans allows you to avail a Flexi loan facility to borrow and repay funds as per your business needs.
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Financing up to Rs.45 lakh
All your short-term and long-term business obligations can be fulfilled with financing up to Rs. 45 lakh.
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Collateral-free loans
Apply for Bajaj Finserv Business loans which are collateral-free, which means you don’t have to put your assets on the line.
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Flexible tenors
Bajaj Finserv flexi loan facility enables you to avail business loans with tenor up to 84 months.
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Pre-approved offers
You are entitled to choose from our exclusive pre-approved offers on Business loans for existing Bajaj Finserv customers. -
Online account access
Our customer portal - Experia provides you the convenience to access and manage your loan accounts anytime at your finger-tips.
Business Loans in Vellore: Documentation & Eligibility Criteria
To avail business loans in Vellore, you need to fulfil the following criteria:
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You should be between 25-65 years old
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Your business should have a vintage of at least 3 years
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Your business should have its Income Tax returns filed for at least the past 1 year
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Your business should have its previous years 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.
Business Loans in Vellore: Interest Rates and Charges
- Types of Fees
- Applicable Charges
- Rate of interest
- 18% onwards
- Processing fees
- Up to 2%
- Loan statement charges
- NIL
- Interest & principal 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 Vellore
Online Application
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Click here to apply and fill the mandatory details
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Fill in the details and click Submit
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Our representative would contact you with your pre-approved offer.
Through SMS
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SMS ‘BL’ to 9773633633
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Our representative will get in touch with you along with your pre-approved offer.
Industries served
Leather, Automobile, Engineering & Manufacturing, Precision Tool, Explosives and Service Sector Industries.
Contact Us
For more information about business loan, you can visit our branch office in Vellore:
2nd Floor,Dilshad Plaza,Above Hatsun Daily Shop,Arani Road, Rathinapuram Street,Vellore - 632001
You may also visit us at https://www.bajajfinserv.in/reach-us.
Bajaj Finserv Business Loan is also available in other Indian cities like Nellore, Madurai, Tiruppur, Vishakhapatnam and Vijaywada.
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