Features and benefits of a Rs. 10 lakh business loan
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Quick disbursal in 48 hours*
Get the funds credited to your bank account within 48 hours of approval.
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Minimal documentation
To get a business loan of Rs. 10 lakh, you only need to submit a basic list of documents.
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Flexible repayment tenors
Repaying a business loan is not a hassle as you can easily spread your EMIs over a long tenor of 96 months. You can use an online Business Loan EMI calculator to find a suitable EMI amount as per your budget.
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Requires no collateral
You can now get a business loan of Rs. 10 lakh without collateral.
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Online account management
Download your account statements and manage your loan account anywhere, anytime, with our customer portal.
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Flexi facility
Opt for our unique Flexi facility and lower your EMIs by up to 45%* for the initial tenor.
Check your business loan eligibility today to understand how much you can borrow based on your profile.
Business loans are financial products tailor-made to aid entrepreneurs in managing their company’s finances. You can get a business loan of Rs. 10 lakh or more, depending on your eligibility.
Complete the application process successfully by submitting some basic required documents for business loan and get the funds you need in your bank account within 48 hours* of approval. Also, for quick funds, check your pre-approved offers from Bajaj Finserv while applying for a business loan.
Eligibility criteria for a Rs. 10 lakh business loan
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Nationality
Resident Indian citizen
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Age
24 years to 80 years*
(*Age should be 80 years at Loan Maturity)
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CIBIL score
685 or more
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Business vintage
At least 3 years
Documents required for a Rs. 10 lakh business loan
KYC documents - Aadhaar card, PAN card, voter ID card, driving license, passport
Address proof - Utility bills, rent agreement, passport, etc.
Proof of business ownership - Registration document of a business
Financial documents - Copy of GST return, bank account details, etc.
Interest rates and charges
It is essential to learn about interest rates on a business loan of Rs. 10 lakh and other additional charges. It helps you calculate your total debt in advance and plan your finances accordingly.
How to apply for a business loan of Rs. 10 lakh?
Follow the steps mentioned below to get a business loan of Rs. 10 lakh from Bajaj Finserv.
- 1 Click on APPLY ONLINE to open our application form
- 2 Enter your phone number and authenticate with an OTP
- 3 Fill in basic personal and business details
- 4 Upload your bank statement for the last 6 months and submit the form
Once you submit the form, you will get a call from our representative to guide you on further steps.
Additional Read: Get Business Loan of Rs. 20 Lakh
Also check below related pages:
| Business loan of Rs. 15 lakh | Business loan of Rs. 30 lakh |
| Business loan of Rs. 5 lakh | Business loan of Rs. 25 lakh |
