Whether you want to buy new machinery, restock your inventory, upgrade your infrastructure, or improve your working capital, a commercial loan from Bajaj Finserv can support your business growth. With large loan amounts, flexible repayment options, and easy online access, handling your business finances becomes simple and hassle-free.
Features and benefits of a commercial loan
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Funds up to Rs. 80 lakh
Address any business-related expense without restriction using this sizable sanction.
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Unsecured loan
To qualify for our commercial loan, you don’t need to pledge your business or personal assets as collateral.
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Personalised deals
Enjoy pre-approved offers from Bajaj Finserv that make the process of availing of finance easy and hassle-free.
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Flexi Facility Charge
Avail of the unique Flexi loan for repayment perks. With this feature, you can reduce your monthly outgo by up to 45%*.
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Online loan management
Access all your loan-related information anywhere, anytime, with the help of our online customer portal.
A commercial loan from Bajaj Finserv empowers businesses with high-value funding, ease of access, and complete control over repayments. With no collateral requirement, customised offers, and online management tools, this loan is well-suited to meet the dynamic needs of growing enterprises. Whether it’s expansion, working capital, or operational upgrades, these features ensure efficient and hassle-free financing.
Whether you're looking to buy or lease machinery, refill your inventory, improve the existing infrastructure, or increase working capital, a commercial loan from Bajaj Finserv is a viable solution. With an ample loan amount, you can grow your business and increase profitability. This loan comes with a flexible tenor of up to 96 months that ensure your monthly outgo is optimal.
Eligibility criteria and documents required for commercial loan
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Age
24 to 80 years*
(*Age should be 80 years at Loan Maturity)
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Nationality
Indian
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CIBIL score
Check your CIBIL Score for FREE685 or higher
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Work status
Self-employed
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Business vintage
At least 3 years
You will need the following documents to apply for commercial loan:
- KYC documents
- Business proof: Certificate of business ownership
- Other financial documents
Fees and charges applicable for commercial loan
Type of Fee |
Applicable Charges |
Notes / Details |
Interest Rate |
14% – 25% per annum |
Competitive rates based on eligibility |
Processing Fees |
Up to 4.72% of loan amount |
Inclusive of applicable taxes |
Bounce Charges |
Rs. 1,500 per bounce |
Applicable for dishonour of payment or missed instalments |
Flexi Facility Charges |
Term Loan: Not applicable Flexi Term Loan (Dropline): Up to Rs. 999 Flexi Hybrid Term Loan: - < Rs. 10 lakh: Rs. 6,499 - Rs. 10–15 lakh: Rs. 8,999 - Rs. 15–25 lakh: Rs. 13,999 - ≥ Rs. 25 lakh: Rs. 16,999 |
Deducted upfront from loan amount (includes approved loan, insurance, VAS charges) |
Penal Charges |
36% per annum |
On delayed instalments until full payment |
Prepayment Charges |
Full Prepayment: Up to 4.72% Part Prepayment: Up to 4.72% (not applicable for Flexi Term/Hybrid) |
Based on outstanding loan/principal/Dropline limit |
Stamp Duty |
As per state laws |
Deducted upfront from loan amount |
Annual Maintenance Charges |
Term Loan: Not applicable Flexi Term Loan (Dropline): Up to 0.413% Flexi Hybrid Term Loan: Initial: Up to 1.18%, Subsequent: Up to 0.413% |
Inclusive of applicable taxes, based on Dropline Limit |
Principal Holiday Facility Fees |
< Rs. 10 lakh: Rs. 6,499 Rs. 10–15 lakh: Rs. 8,999 Rs. 15–25 lakh: Rs. 13,999 ≥ Rs. 25 lakh: Rs. 16,999 |
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How to apply for commercial loan
Apply online for the commercial loan by following these simple steps:
- 1 Click ‘Check Eligibility’ to begin your online application.
- 2 Provide basic information and verify using OTP.
- 3 Enter your personal and business details.
- 4 Upload the required documents and submit your application.
Helpful resources and tips for business loan borrowers
Frequently asked questions
Any self-employed individual, business owner, or professional with a stable income and a credit score of 685 or above can apply for a commercial loan. The applicant’s business must also be operational for at least 3 years and meet the lender’s documentation requirements.
To take a commercial loan, visit the lender’s website, fill out the online application form, choose the loan amount and tenure, and upload the required documents. Once verified, the loan is usually approved and disbursed within 48 hours.
The maximum tenure for a commercial loan from Bajaj Finance can go up to 96 months (8 years). This gives businesses the flexibility to repay in manageable monthly instalments.
Yes, many lenders, including Bajaj Finance, offer commercial loans to women entrepreneurs with easy eligibility and minimal documentation. Women business owners may also receive special offers or interest rate benefits depending on their profile.
