Features and benefits

  • Quick disbursal

    Quick disbursal

    Get the funds you need for your business expansion within 48 hours of approval.

  • Requires no collateral

    Requires no collateral

    You can now get a business loan of Rs. 20 lakh without pledging any collateral. It means no more hassle of arranging security to get funds.

  • Minimal documentation

    Minimal documentation

    Submit basic documents to get a hassle-free business loan from Bajaj Finserv.

  • Flexible tenors

    Flexible tenors

    Repay your loan easily over a long period of time of 96 months. You can also use the online Business Loan EMI Calculator and find an instalment amount that suits your budget.

  • Online account management

    Online account management

    Download your account statements and manage your loan account 24x7 with our customer portal – My Account

  • Flexi facility

    Flexi facility

    Choose our unique Flexi facility and lower your monthly outgo by up to 45%* for the initial tenor.

A business loan is specially designed to solve any monetary requirements of a company. Availing of a business loan of Rs. 20 lakh is not a hassle once you fulfil the eligibility parameters and submit the required documents. You can check your pre-approved offer from Bajaj Finserv to expedite the processing time.

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Eligibility criteria

  • Nationality


    Resident Indians

  • CIBIL score

    CIBIL score


  • Business vintage

    Business vintage

    3 years minimum

  • Age


    24 years to 80 years*
    (*Age should be 80 years at Loan Maturity)

Documents required

KYC documents - Aadhaar card, PAN card, voter ID card, driving license, passport.
Address proof - Utility bills, rent agreement, passport, etc.
Financial documents - Copy of GST return, bank account details, etc.
Proof of business ownership - Registration papers of a business.

Interest rates and charges

Bajaj Finserv is always transparent regarding the interest rate charged and other associated fees. There are no hidden charges at all. To get specific information regarding this, click here.

How to apply for a business loan of Rs. 20 lakh?

To apply for a business loan of Rs. 20 lakh, here are the steps to follow.

  1. 1 Click on APPLY ONLINE to open our application form
  2. 2 Enter your phone number and authenticate with an OTP
  3. 3 Fill in basic personal and business details
  4. 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.