Have an ongoing loan application?
Resume3 unique variants of our business loan
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Flexi Term Loan
Assume that you have taken a loan of Rs. 20 lakh with a repayment period of 24 months. You have paid the EMIs on time for the first six months. So, by now, you must have paid back roughly Rs. 5 lakh.
It occurs to you, that you need another Rs. 5 lakh. To drawdown additional funds from your Flexi Term Loan account, sign-in to our customer portal – My Account.Now, let us say you have decided after three months to pay off a portion of your loan, for example, Rs. 10 lakh. You can easily repay by signing in to My Account.
Your interest will be automatically adjusted throughout, and you only need to pay interest on the outstanding principal. Your EMI includes both the principal and the adjusted interest.
A modern-day business demands dynamism and may need quick investments. A Flexi Term Loan is perfect for such uses.
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Flexi Hybrid Loan
This is another variant of our business loan that works exactly like the Flexi Term Loan. The only difference is that, for the initial period of the loan, your EMI will only consist of the applicable interest. For the subsequent period, the EMI will consist of the interest and principal components.
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Term Loan
This is like regular business loan. You borrow a certain amount of money, which is divided into equated monthly instalments that consist of both principal and the applicable interest.
There is a fee applicable for part-payment as well as foreclosure of your Term Loan before completion of your loan tenure.
Features and benefits of our business loan

Features and benefits of our Business Loan
Watch this video to know everything about the features of our business loan.
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3 unique variants
Choose the loan type that suits you the best – Term Loan, Flexi Term Loan, Flexi Hybrid Loan.
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No part-prepayment charge on Flexi variants
You can prepay a portion of your loan at no extra charges with our Flexi Term Loan and Flexi Hybrid Loan.
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Loan of up to Rs. 50 lakh
Manage your small or large business expenses with loans ranging from Rs. 50,000 to Rs. 50 lakh.
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Convenient tenures of up to 8 years
Get the added flexibility to pay back your loan with repayment options ranging up to 96 months.
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Money in your bank account in 48 hours*
In most cases, you will receive the loan amount in your account within 48 hours of approval.
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No hidden charges
All fees and charges are mentioned upfront on this page and in the loan document. We advise you to read these in detail.
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No collateral required
You do not have to worry about providing any collateral or security to get our business loan.
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End-to-end online application process
You can apply for our business loan from the comfort of wherever you are, at a time convenient for you.
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*Terms and conditions apply
Still have not found what you are looking for? Click on any of the links at the top of this page.
Eligibility criteria and documents required
Anyone can apply for our business loan if they meet the five basic criteria mentioned below. If you meet all the eligibility criteria, you will need a set of documents to complete your application process.
Eligibility criteria
- Nationality: Indian
- Business vintage: At least 3 years
- CIBIL Score: 685 or higher
- Work status: Self-employed
- Age: 24 years to 70 years*
Documents needed
- KYC documents - Aadhaar/ PAN card/ passport/ voter’s ID
- Proof of business ownership
- Other financial documents
*You should be 70 years or younger at the end of the loan tenure.
How to apply for a Business Loan

Applicable fees and charges
Type of fee |
Applicable charges |
Rate of interest |
9.75% to 30% p.a. |
Processing fees |
Up to 3.54% of the loan amount (inclusive of taxes). |
Bounce charges |
Rs. 1,500 per bounce. |
Document processing charges |
Rs. 2,360 (inclusive of taxes). |
Flexi Fee |
Term Loan - Not applicable Flexi Term Loan (Flexi Dropline) - Rs. 999/- (Inclusive of applicable taxes) Flexi Variant (as applicable below) -
*Charges will be deducted upfront from the loan amount |
Penal interest |
Any delay in payment of monthly instalment shall attract penal interest at the rate of 3.50% per month on the monthly instalment outstanding, from the date of default until the receipt of monthly instalment/ EMI. |
Part-prepayment charges* |
Full Pre-payment
Part Pre-payment
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Stamp duty |
Payable as per state laws and deducted upfront from the loan amount. |
Mandate rejection charges |
Rs. 450 per month from the first month of due date for mandate rejected by customer’s bank until the new mandate is registered. |
Broken period interest |
Broken period interest/ pre-EMI-interest is the amount of interest charged on the loan, for the following number of days: Scenario 1: Over and above a period of 30 (thirty) days from the date of disbursement of the loan Method of recovery of Broken Period Interest/ Pre-EMI Interest:
Scenario 2: Less than period of 30 (thirty) days from the date of disbursement of the Loan, Interest on first instalment will be charged for actual number of days |
Annual maintenance charges |
Term Loan – not applicable. Flexi Term Loan: 0.295% (Inclusive of applicable taxes) of the total withdrawable amount (as per the repayment schedule) on the date of levy of such charges. Flexi Hybrid Loan: 1.18% (Inclusive of applicable taxes) of the total withdrawable amount during initial loan tenure. 0.295% (Inclusive of applicable taxes) of total withdrawable amount during subsequent loan tenure. |
Frequently asked questions
A business loan is a financial offering that can help you meet your planned and unplanned business expenses. It is a kind of unsecured financing, and you can avail of one without providing any collateral.
You can get a business loan up to Rs. 50 lakh from Bajaj Finance by fulfilling the easy-to-meet eligibility criteria. Upon approval of your application, you can get the loan amount in your bank account within 48 hours*.
*Terms and conditions apply
Business entities such as proprietary concerns, partnership firms, private limited companies, self-employed professionals, and self-employed non-professionals can apply for a Bajaj Finserv Business Loan. All applicants have to fulfil the eligibility criteria and submit their relevant documents.
Bajaj Finserv considers a CIBIL Score of 685 or above as a good credit score. A strong business turnover and having all your documents in check also reflect positively on your profile.
You can use a business loan to manage your venture’s planned and unplanned expenses, from leasing a larger office premise to renovating your workspace. You have the option to purchase, lease, or repair machinery or upgrade old technology to bring in a more efficient and smoother way of working. Stocking up inventory, purchasing raw materials in bulk, or expanding your operations are some other end-uses of a business loan.
Applying for a business loan from Bajaj Finance Ltd. is easy. Start by clicking on the ‘Apply’ button on this page and open the online application form. Enter your basic details and verify your profile with the OTP that you receive on your phone.
Share the basic details of your business and gather your business documents. A representative from Bajaj Finance Ltd. will contact you with the next steps. After approval of your loan application, you can get money in your account within 48 hours*.
*Terms and conditions apply
To get a business loan from Bajaj Finserv, you must own a business that has been operational for a minimum of 3 years. You also should have filed your income tax returns for at least one year.
To get a small business loan from Bajaj Finserv, you need to fulfil only basic eligibility criteria. You should be a self-employed individual who is between 24 years and 70 years of age, with a minimum CIBIL Score of 685. Your business should also be at least 3 years old.