Unsecured Business Loans in Vijayawada
Classified as one of the Y-grade cities, Vijayawada has a robust trading and exporting market for industrial and agriculture goods. The city also has a vibrant textile and automobile industry. It is expected that the GDP of the city would reach $ 17 billion by 2025, with MSMEs playing a key role in its growth.
Traders, manufacturers, and suppliers dealing in industrial, textile, auto, and agricultural products can avail Bajaj Finserv Business Loan up to Rs.45 lakh to expand a business, upgrade machinery, and boost working capital.
Business Loan in Vijayawada: Features and Benefits
-
Collateral-free loans
There’s a no need to put your business or personal assets as security for availing a business loan.
-
Flexibility
With our Flexi Loan facility, you can withdraw funds as and when required and prepay when you’ve surplus funds.
-
Financing up to Rs.45 lakh
With business loans loan up to Rs.45 lakh you can easily meet your diverse business needs.
-
Pre-approved offers
You can choose from special offers, selected just for you, as an existing Bajaj Finserv customer.
-
Flexible tenors
Avail the Bajaj Finserv Flexi Loan facility and get financing for up to 84 months.
-
Online account access
Our customer portal - Experia helps you to easily manage your loan account from anywhere.
Business Loans in Vijayawada: Eligibility & Documents
To avail business loans in Vijayawada, you need to fulfil the following criteria:
-
You should be between 25-65 years old
-
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.
Business Loan in Vijayawada: 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 Vijayawada?
Online Application
-
Click here to apply and fill the mandatory details
-
Our representative would contact you with your pre-approved offer
Simply SMS
-
SMS ‘BL’ to 9773633633
-
Our representative would contact you with your pre-approved offer
Contact Us
You can visit our branch office in Vijayawada at:
2nd Floor, Door No. 32-9-17, Madhu Mahalaxmi Chambers, Near Jammichettu Centre, Mogalrajpuram, Vijayawada – 520010
You may also visit us at https://www.bajajfinserv.in/reach-us.
We also offer business loans in other cities of India including Ludhiana, Vishakhapatnam, Vapi, Erode, and Salem among others.
Top Cities to Avail Business Loan in Andhra Pradesh
People Also Considered
.jpg)
.jpg)