Securing the right funding at the right time is crucial for business growth, cash flow management, and staying competitive in today’s market. The Entrepreneur Loan from Bajaj Finance is designed to offer quick, hassle-free financing to business owners without requiring collateral. This guide highlights the loan’s key features, benefits, and eligibility criteria, along with details on interest rates, charges, and the straightforward application process. Whether you plan to expand operations, upgrade infrastructure, or maintain working capital, Bajaj Finserv’s Entrepreneur Loan can provide the support you need to achieve your business goals.
What is an entrepreneur loan?
An entrepreneur loan is a type of financing created to support business owners in managing and expanding their ventures. It provides access to funds without the need for collateral, making it easier for entrepreneurs to invest in growth opportunities, handle operational expenses, or meet working capital needs. Offered by multiple lenders, this loan is tailored for individuals engaged in entrepreneurship, enabling them to scale their businesses with quick approvals, flexible tenures, and transparent terms. It is an ideal solution for those looking to strengthen their enterprise while maintaining financial stability.
Features and benefits of an entrepreneur loan
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Zero collateral needed
No need to pledge assets to get funds. You only have to meet the criteria and submit documents to get same-day approval*.
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Flexi benefits
Enjoy the benefits of the unique Flexi loan facility. With it, you can withdraw and repay freely to suit the cash flow of your business.
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Personalised loan deal
For quick and easy access to funding, check for a pre-approved offer with Bajaj Finserv.
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Online loan management
Easily manage your loan account, anytime and from anywhere, with our customer portal – My Account
As an entrepreneur, ensuring that your business thrives in a competitive environment is a top priority. At times, you may require substantial funding to sustain or grow operations, and this is where a loan for entrepreneurs from Bajaj Finance becomes invaluable. With attractive business loan features, this financing option supports your goals, whether it is investing in infrastructure, setting up a new warehouse, stocking inventory, or maintaining healthy cash flow.
As an entrepreneur, one of your main priorities is to ensure that your business survives in a highly competitive environment. There may come a time when you will need substantial amounts of funding. You get that easily with a loan for entrepreneurs by Bajaj Finserv.
This instrument aids your efforts, whether you intend to invest in infrastructure, build a new warehouse, stock goods or maintain optimal cash flow.
Eligibility criteria and documents required for an entrepreneur loan
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Age
24 to 80 years*
(*Age should be 80 years at Loan Maturity)
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Nationality
Resident Indian citizen
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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
- KYC documents
- Relevant business financial documents
- Business proof: Certificate of business ownership
- Bank account statements of the previous months
Meeting the above business loan eligibility norms ensures faster approval and smoother processing of your Entrepreneur Loan application. With basic criteria and minimal documentation, the loan application process becomes smooth, allowing entrepreneurs to access funds quickly and focus on growing their businesses.
Fees and charges for an entrepreneur loan
Bajaj Finserv Business Loan for entrepreneurs comes with a nominal interest rate with no hidden charges. Whether you're looking to expand operations, invest in equipment, or manage working capital, our tailored financial solutions are designed to meet your specific needs. With a competitive business loan interest rate, flexible repayment options, and quick approvals, you can focus on growing your business without financial stress. Use our business loan EMI calculator to estimate your monthly repayments and plan better.
How to apply for an entrepreneur loan?
Business entrepreneurs can get funds easily through a business loan by filling out a quick application form. Here are the steps to follow:
- 1 Click on ‘CHECK ELIGIBILITY’ to open the application form
- 2 Enter your basic personal and business details
- 3 Upload your bank statements for the last six months
- 4 Receive 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
**Document list is indicative
Additional loan options for an entrepreneur
Entrepreneurs can explore other financing solutions depending on their needs:
- Working capital loans: Help manage day-to-day expenses like salaries, raw materials, and utilities.
- Term loans: Provide a lump sum for business expansion or infrastructure investment.
- Equipment or machinery loans: Useful for purchasing or upgrading tools, vehicles, or machinery.
- Secured Business Loan: Suitable for entrepreneurs seeking higher loan amounts at lower interest rates by pledging an asset.
- Invoice financing: Allows quick access to cash by using unpaid invoices as security.
Frequently asked questions
The maximum loan amount depends on the lender and your financial profile. Many lenders offer funding up to ₹80 lakh, based on factors such as business turnover, repayment history, and overall creditworthiness.
A low CIBIL score may reduce your chances of approval as lenders usually prefer 685 or above. However, some may still offer loans with stricter terms or a higher interest rate, depending on your business performance and financial stability.
Approval timelines vary, but many lenders provide quick approval within 24 to 48 hours if documents and eligibility criteria are in order. Delays may occur if additional verification or clarifications are required.
Yes, it is possible with some lenders, especially for small businesses and self-employed professionals. However, GST registration can strengthen your application by showing transparent business turnover and financial discipline.
Most entrepreneur loans are unsecured, meaning you don’t need to pledge collateral. However, for larger loan amounts or better terms, you may opt for a secured business loan where you provide an asset as security.
