Features and benefits
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Loan up to Rs. 50 lakh
Get loan approval without pledging assets as security and ensure optimal cash flow.
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Flexi advantage
Choose the Flexi facility to borrow from your sanction at any time and pay interest only on the amount you use.
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Special deals
Expedite loan processing and access special benefits when you apply using our pre-approved offers.
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Long tenor
Choose a repayment duration from 12 months to 96 months to keep your EMIs reasonable.
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Cost-effective repayment
Our competitive interest rates help you repay affordably. Plan your repayment using our Business Loan EMI Calculator.
As a dealer or business person running a franchise, you need capital to ensure smooth operations. Get financing on easy terms with the dealer finance offered by Bajaj Finserv. With this instrument, you can access ample funds and a flexible tenor to ensure that repayment remains optimal. Thanks to relaxed eligibility criteria and minimum requirements for documentation, you can get swift loan approval in just 48 hours*.
To manage cash flow more easily, choose the Flexi facility. This allows you to reduce your EMIs up to 45%* by paying only interest as EMIs during the initial tenor.
Eligibility criteria and documents required
Availing of dealer financing is easy since you only have to meet our simple criteria:
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Age
24 years to 70 years.
(* Age should be 70 years at the time of Loan Maturity)
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Nationality
Resident Indian citizen
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Work status
Self-employed
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Business vintage
Minimum 3 years
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Credit Score
685 or higher
These are the documents you need to submit:
- KYC documents
- Proof of business ownership
- Other financial documents
Interest rate and fees applicable
To ensure that you’re well informed about the different fees and charges applicable, take a look at the following table:
Fee type |
Charge applicable |
Rate of interest |
9.75% - 25% p.a. |
Processing fees |
Up to 2.95% of the loan amount (Inclusive of Applicable Taxes) |
Bounce charges |
Rs. 1,500 |
Penal interest |
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 respective due date until the date of receipt of Monthly Instalment. |
Document processing charges |
Rs. 2,360 (Inclusive of applicable taxes) |
Outstation collection charges |
Not applicable |
Document/ statement charges | Download loan documents at no additional cost by logging into the customer portal – Experia. You can also get a physical copy of your documents from any of our branches at a charge of Rs. 50 (inclusive of taxes) per statement/ letter/ certificate. |
How to apply for dealer finance
The process to apply for our dealer finance loan is simple, easy, and can be done online. Here is a step-by-step guide.
- 1 Click on ‘APPLY ONLINE’ to open the application form
- 2 Enter your basic personal and business details
- 3 Upload your bank statements for the last 6 months
- 4 Get a call from our representative who will guide you on further steps
Once approved, you will get access to funds in just 48 hours*.
*Conditions apply