Ganesh Chaturthi is one of India’s most vibrant and widely celebrated festivals, honoring Lord Ganesha with great devotion and enthusiasm. This festive season sees a surge in demand for Ganesh idols, decorations, and related products, creating excellent business opportunities. If you’re planning to start a Ganesh Chaturthi-related business, this article will provide you with effective steps, strategies, and insights to build a profitable venture. Whether you’re an aspiring entrepreneur or exploring new business ideas, a Ganesh Chaturthi business offers a unique combination of cultural significance and commercial potential.
Why choose Bajaj Finserv Business Loan this Ganesh Chaturthi
Ganesh Chaturthi is a time of new beginnings, prosperity, and growth. For business owners, this festive season presents an excellent opportunity to expand operations, invest in equipment, or stock up on inventory to meet increased demand. To help you achieve your business goals during this auspicious time, Bajaj Finserv offers tailored business loans with flexible repayment options and competitive interest rates. Check your pre-approved business loan offer and take a step closer to realising your business plans this festive season.
Whether you are looking to scale your business or meet short-term financial needs, a Bajaj Finserv Business Loan can provide the financial support you need. Let us explore why choosing a Bajaj Finserv Business Loan this Ganesh Chaturthi is a smart decision.
Features of Bajaj Finserv Business Loan
Bajaj Finserv Business Loans are designed to cater to the diverse needs of entrepreneurs. Here are some of the key features that make it a preferred choice:
- High loan amount: Get funding of up to Rs. 80 lakh, ensuring you have adequate capital to meet your business needs.
- Collateral-free loans: No need to pledge any assets as collateral, making the loan process quick and hassle-free.
- Flexible repayment tenure: Choose repayment tenures ranging from 12 to 96 months to suit your financial capacity.
- Quick disbursal: Receive funds in your bank account within 48 hours of approval, ensuring timely financial assistance.
- Minimal documentation: Simplified application process with minimal paperwork to save time and effort.
Eligibility criteria and documentation required
To ensure a smooth application process, it is essential to meet the eligibility criteria and submit the required documents. Below is an overview:
Eligibility criteria
- Nationality: Indian
- Business vintage: At least 3 years
- CIBIL Score: 685 or higher
- Work status: Self-employed
- Age: 24 to 80 years*
Documentation required
- KYC documents - Aadhaar/passport/voter’s ID/driving license/letter from NPR/NREGA job card
- PAN card
- Proof of business ownership
- Other financial documents
Interest rate and charges on business loan
Understanding the interest rates and associated charges is vital for effective financial planning. Bajaj Finserv offers competitive rates to ensure affordability. Below is a summary:
| Particulars | Details |
|---|---|
| Interest rate | Starting at 14% per annum |
| Processing fee | Up to 4.72% of the loan amount |
| Bounce charges | Rs. 1,500 per instance |
| Penal charge | 36% per annum per instalment |
For more details on business loan interest rate and charges, visit the official Bajaj Finserv page.
How to apply for business loan during Ganesh Chaturthi
Applying for a Bajaj Finserv Business Loan is a straightforward process. Follow these simple steps to secure funding this festive season:
- Check your eligibility: Check your business loan eligibility to ensure you meet the required criteria.
- Calculate your EMI: Use the business loan EMI calculator to determine your monthly repayment amount based on the loan amount, tenure, and interest rate.
- Fill out the application form: Visit the business loan page and complete the online application form with accurate details.
- Submit documents: Upload the necessary documents, such as KYC, business proof, and financial statements.
- Receive approval and disbursal: Once your application is approved, the loan amount will be disbursed to your account within 24 hours.
Conclusion
Ganesh Chaturthi is a time to embrace growth and prosperity, making it the perfect occasion to take your business to the next level. Bajaj Finserv Business Loans provide the financial flexibility and support you need to achieve your entrepreneurial goals. With features like collateral-free loans, quick disbursal, and competitive interest rates, you can focus on growing your business without worrying about financial constraints.
Visit Bajaj Finserv today to learn more about their loan offerings and apply for a business loan to make this Ganesh Chaturthi truly auspicious.
