Features and benefits

  • No additional paperwork

    No additional paperwork

    Borrow from your sanction multiple times without repeat applications.

  • Zero part-prepayment fee

    Zero part-prepayment fee

    Part-prepay your loan whenever you can, without incurring additional costs.

  • Repay affordably

    Repay affordably

    Choose to pay interest-only EMIs to reduce your monthly outgo by up to 45%*.

  • Withdraw freely

    Withdraw freely

    Withdraw freely from your approved sanction without the worry of fees or charges.

  • Online customer portal

    Online customer portal

    Use the online customer portal, My Account, to handle your loan payments digitally and conveniently.

  • Cost-effective


    Pay interest only on the amount that you utilise and not on the sanction as a whole.

Converting your existing loan into a Flexi Business Loan is a smart way of managing your finances. When used wisely, you can use the facility to reduce your EMI outgo by up 45%* and free up your finances for other obligations. The conversion process is 100% hassle-free as it takes just a few simple steps. In fact, a quick comparison between a term and Flexi Loan indicates that the latter can be a superior option. Here is the Bajaj Finserv Flexi Business Loan explained in depth.


Term Loan

Flexi Loan


Full sanction disbursed to your bank account

Loan sanction is made available in the loan account for flexible withdrawal.

Fees and charges

Interest is charged on the entire sanction

Interest is charged daily, only on the amount you withdraw from the loan account. Moreover, your Flexi Loan interest rate will be the same as your existing loan.


EMIs consist of both principal and interest components

Choose to pay interest-only EMIs and repay the principal at a later part of the tenure.

To further highlight the value of this facility, consider a loan with the sanction of Rs. 10 lakh, a tenure of 5 years, and an interest rate of 9.75%. The amount used is Rs. 5 lakh.


Term Loan

Flexi Loan


Rs. 23,790

Rs. 13,550

Annual outgo

Rs. 2,85,480

Rs. 1,62,600

Annual savings


Rs. 1,22,880

Check Flexi Loan interest rate

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Eligibility criteria and documents required

To avail of the benefits of this facility, all you have to do is meet the flexi loan eligibility criteria mentioned below:

  • Age


    21 to 80*
    (*age should be 80 at Loan Maturity)

  • Nationality



  • CIBIL Score

    CIBIL Score

    Check your CIBIL Score for FREE

    Credit Score should be 685 or higher

  • Work status

    Work status


  • Business vintage

    Business vintage

    At least 3 years

Documents required

If you fulfil the above given eligibility criteria, the following documents are required to apply for a business loan.

  • KYC documents - Aadhaar/ passport/ voter’s ID
  • PAN card
  • Proof of business ownership
  • Other financial documents

Step-by-step guide to applying for a business loan

  1. 1 Click on the ‘APPLY' button on this page
  2. 2 Enter your 10-digit mobile number and OTP
  3. 3 Fill in the application form with your basic details, such as your full name, PAN, date of birth, and PIN code
  4. 4 Once you enter all your details, please click on ‘PROCEED’ to visit the loan selection page
  5. 5 Enter the loan amount that you need. Choose from our three business loan variants – Term, Flexi Term, and Flexi Hybrid
  6. 6 Choose the repayment tenure – you can select tenure options of 12 months to 96 months and click on ‘PROCEED’
  7. 7 Complete your KYC and submit your business loan application

Our representative will guide you on the next steps. The loan amount will be transferred to your bank account upon verification of your documents.

Frequently asked questions

What is a flexi business loan?

A flexi business loan is a type of loan that allows you to borrow and repay funds as per your needs, within a pre-approved limit.

Is Flexi loan safe?

Flexi loan is safe as it is offered by a reputed financial institution, Bajaj Finance, which has a high credit rating and follows all the regulatory norms.

What is the maximum amount of Flexi loan?

The maximum amount of Flexi loan depends on your eligibility criteria, such as your income, credit score, business vintage, etc. Bajaj Finance offers up to Rs. 80 lakh for Flexi business loans.