Business Loans in Vellore - Loan For Business

Overview

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 provide a much-needed boost to your business and maximize profits with Bajaj Finserv business loans up to Rs.30 lakh in Vellore.

Business Loan Features and Benefits

Here are the benefits of our business loan:

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.
Financing up to Rs.30 lakh

All your short-term and long-term business obligations can be fulfilled with financing up to Rs.30 lakh.
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.
Flexible tenors

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

Documentation and Eligibility Criteria

To avail business loans in Vellore, you need to fulfil the following criteria:

You should be between 25-55 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.

Documents Required for Business Loan

Passport size photograph
KYC documents
Business proof: Certificate of business existence
Relevant Financial documents
Bank Account statement of last month

Interest Rates 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 Vellore

Online Application

Click here to apply and fill the mandatory details
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 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 can also write to us at [email protected]

Bajaj Finserv Business Loan is also available in other Indian cities like Nellore, Madurai, Tiruppur, Vishakhapatnam and Vijaywada.

Business Loan Instant Approval

Full Name

Date Of Birth

Mobile Number

PAN Card

Personal Email ID

Pin Code

Address (House #,Street)

“ I authorize Bajaj Finserv representative to call /SMS towards this application and other products/services. This consent overrides my registration for DNC/NDNC. T&C"

Company PAN

Is your firm audited by CA

Yes

“ I authorize Bajaj Finserv representative to call /SMS towards this application and other products/services. This consent overrides my registration for DNC/NDNC. T&C"