Bajaj Finserv in your city
Vijayawada, in Andhra Pradesh, is a ripe economic centre of the region and is located close to Vishakhapatnam and Hyderabad. Situated on the banks of River Krishna, it supports flourishing economic sectors like construction, entertainment, education, hospitality, and FMCG.
City entrepreneurs needing additional financing to fulfil their funding needs can obtain a business loan in Vijayawada from Bajaj Finserv.
Features and benefits
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Flexi loan facility
The Flexi loan facility on Bajaj Finserv Business Loans allows you to reduce EMIs by up to 45%*.
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Financing without collateral
Avail financing only against minimum eligibility requirements; no need to risk personal or business assets as collateral.
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Tenor flexibility of up to 96 months
With a repayment tenor of up to 96 months on business loans, borrowers can enjoy convenient EMI payments.
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High loan value
Eligible candidates can avail of financing of up to Rs. 80 lakh to meet their big-ticket funding needs with ease.
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Quick approval
Individuals can send their business loan applications online to receive instant approval.
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24x7 loan account access
Simply log in to our dedicated customer portal - Experia, to access your loan account on the go.
Vijayawada has been identified among the Y-Grade Indian cities as per recommendations sent by the Sixth Central Pay Commission. With increasing economic importance in Andhra Pradesh and India, the city is predicted to account for a total GDP valuation of 21 billion dollars by 2035.
With some of the oldest industrial pioneers located here, like Andhra Cements and Siris Pharmaceuticals, the city continues to have economic significance.
Existing and new entrepreneurs in Vijayawada can share in their prosperity by tapping the emerging opportunities. They can avail financing of high quantum through business loans here from Bajaj Finserv against simple eligibility criteria. The paperwork for the application is limited, with only essential documents involved. Use financial tools like a business loan eligibility calculator to assess loan availability and make an informed borrowing decision accordingly.
*Conditions apply
Documentation and eligibility criteria
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Age
24 years to 80 years*
(*Age should be 80 years at Loan Maturity)
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Business vintage
Not less than 3 years
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CIBIL score
Check your CIBIL Score for FREEMore than 685
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Citizenship
Must be a residing Indian citizen
Bajaj Finserv offers business loans against simple terms and conditions and keeps them 100% transparent so borrowers can be assured of zero hidden charges. Keep necessary documents handy before applying. For the complete list of necessary documents, click here.
Interest rates and charges
Interest rates and charges on business loans are kept affordable for borrower convenience. Access our Business Loan EMI Calculator for informed decision-making. For the complete list of charges, click here.
