Business Loan in Kolhapur

> >

Business Loan In Visakhapatnam

Quick apply

Just takes 60 seconds to apply

Please enter your first and last name
Please enter 10 digit mobile number
Please enter your Birth date
Please enter valid PAN card number
Please enter your pin code
Please enter your personal email id

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.

Thank you

Overview

The financial capital of Andhra Pradesh, Visakhapatnam is the 9th richest city in India, with an estimated GDP of Rs.2.79 lakh crore. With the government planning a major boost for the MSME industry in Visakhapatnam, the number of small and medium industry players are also at a constant rise.

Diversify your business, meet working capital needs and manage daily operational expenses with Bajaj Finserv Business Loans that come with a unique Flexi Loan facility.

 

Business Loan in Visakhapatnam Features and Benefits

Here are the benefits of our business loan:

  • Flexibility

    The Flexi Loan facility by Bajaj Finserv allows you to borrow funds as per your requirements and repay the amount when you can.

  • Collateral-free loans

    Apply for a Business Loan from Bajaj Finserv without the additional hassle of arranging for a guarantor or pledging any asset.

  • Financing up to Rs.30 lakh

    Business loans from Bajaj Finserv offers maximum financing of Rs.30 lakh.

  • Pre-approved offers

    Pre-approved offers

    Existing Bajaj Finserv customers can avail pre approved loans with customized offers.

  • Flexible tenors

    Flexi Loans from Bajaj Finserv enable you to avail loans with flexible tenors, the maximum loan repayment period being 8 years.

  • Online account access

    Manage your business loan from anywhere, anytime through our customer portal - Experia.

Documentation and Eligibility Criteria

To avail business loans in Visakhapatnam, you need to fulfill the following criteria:

  • You should be between 25-55 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 Interest Rate 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

Industries Served


Bajaj Finserv extends business loan facilities for business owners operating in the Aluminium, Automobiles / Auto-Ancillaries, Cement, Chemicals, Engineering / Construction, Power / Energy, Fertilizers, Food, Pharmaceuticals / Drug Manufacture, Paints, Steel / Steel Profiles, Sugar and Textile industries.
 

How to Apply for Business Loan in Visakhapatnam ?

Online Application

  • Click here to apply

  • 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 would contact you with your pre-approved offer

Contact Us

You can visit us at our Visakhapatnam branch at

D.No-50-81-70/5, 1St Floor, Aditya Complex, Seethammapeta, Visakhapatnam – 530013.

You may also write to us at [email protected].

Bajaj Finserv Business Loan is also available in other Indian cities like Tiruppur, Tiruchirappalli, Madurai, Erode, and Vapi.

People Also Considered

Business Loan for SME- MSME People Considered Image

Business Loan for SME-MSME

Hassle-free finance for your enterprise
Up to Rs. 30 lakh | Approval in 24 hours

KNOW MORE
Working Capital Loan People Considered Image

Working Capital

Manage operational expenses
Up to Rs. 30 lakh | Flexible tenor options

KNOW MORE
Business Loan for Women People Considered Image

Business Loan for Women

Avail customized loans
Up to Rs. 30 lakh | Minimal documentation

KNOW MORE
Machinery Loan People Considered Image

Machinery Loan

Funds to upgrade machinery
Up to Rs. 30 lakh | Pay only interest as EMI

KNOW MORE