Collateral Free Loans in india - Loan for Business Without Security

Collateral is an asset, having a measurable financial value, that you can borrow against. Assets like real estate, machinery, vehicles, even stocks and shares can be pledged to avail a loan. However, if you are unable to repay the loan, the lender has the right to assume permanent possession of the asset and liquidate it to recover the outstanding amounts.

On the other hand, collateral-free loans do not require you to pledge any asset as security. It brings peace of mind and opens up unlimited opportunities. One can avail collateral-free loans for various purposes. Such loans can help you meet business goals as well as personal needs like higher education, medical emergencies, marriage expenses, etc.

Bajaj Finserv extends collateral-free loans at competitive interest rates and flexible repayment options.

Collateral Free Business Loans Features and Benefits

Bajaj Finserv collateral-free Business Loans come with following benefits and features:

Flexibility

Collateral-free Business Loans from Bajaj Finserv are powered by the Flexi loan feature. This unique feature enables businesses to borrow according to their needs and repay as per their cash flow. This facility also provides you the choice to pay only the interest amount as EMI, while repaying the principal amount at the end of the loan tenor.
Financing up to Rs.30 lakh

Flexi loan limit for collateral-free Business Loans can go up to Rs. 30 lakh. Use this EMI calculator for computing the EMI of your collateral free loan.
Pre-approved offers

If you are an existing Bajaj Finserv client, contact us for a pre-approved loan offer.
Flexible tenors

Collateral loans have a tenor of up to eight years, enabling you to achieve your financial goals without being burdened about immediate repayment.
Online account access

Access your loan account from anywhere at your convenience, with Experia, our customer portal.

Documentation and Eligibility Criteria

Eligibility criteria for availing a collateral free loan:

Age between 22-55 years
Your business should have a vintage of at least three years
Your business should have filed Income Tax returns for at least the previous year
Your business should have its previous year's turnover duly audited by a CA