Bajaj Finserv in your city
India’s first district, Salem, is the state’s 5th largest conglomerate, which also headquarters its district administration in Tamil Nadu. The city is an important textile hub with over 125 spinning mills and garment and weaving units.
Bajaj Finserv makes availing of big-ticket financing easier for companies with business loans in Salem. Approach any of our three branches across the city or apply online for quick approval.
Features and benefits
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Get up to Rs. 80 lakh
Avail of up to Rs. 80 lakh to invest in your business effortlessly. Enjoy the fastest approval from us.
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Tenors up to 96 months
According to your financial health, choose a convenient repayment tenor of up to 96 months.
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Unsecured loan
Bajaj Finserv offers unsecured business loans to eligible borrowers. No need to pledge any collateral.
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Flexi loan facility
With Flexi loans, lower your EMIs by up to 45%* and repay at the tenor’s end.
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Account management online
Manage your loan account online 24x7 simply by logging into our customer portal.
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Minimal documents
Complete the documentation process easily by submitting only the essential documents required.
Apart from the well-established textile industry, Salem generates revenue from several sago factories that are into starch production. Presently, 650 industrial units are dedicated to tapioca, while 34,000 hectares are engaged in cassava processing.
The SAI has one of its units, Salem Steel Plant, functional in the city for producing hot-rolled stainless-carbon steel alloy and cold-rolled stainless steel. Salem also earns some of India’s largest bauxite and magnesite deposits from its abundant mineral ores.
Bajaj Finserv, one of the leading NBFCs in India, brings feature-rich business loans in Salem. If you are a business owner willing to borrow high-value credit, our loan of up to Rs. 80 lakh can prove appropriate. Utilise the funds to construct or lease a new office, buy the latest machinery, strengthen working capital, hire workforce and more.
Visit the nearest branch to know more. Alternatively, apply online for more convenience.
*Conditions apply
Documentation and eligibility criteria
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Business vintage
At least 3 years
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Age
24 years to 80 years*
(*Age should be 80 years at Loan Maturity)
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Citizenship
Indian, residing in India
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CIBIL score
Check your CIBIL Score for FREE685+
Both self-employed professionals and non-professionals can avail of business loans. Fulfil the parameters accurately and submit the few documents necessary to qualify. For the complete list of required documents, click here.
Interest rates and charges
Enjoy one of the lowest interest rates on business loans only with Bajaj Finserv. Try our Business Loan EMI Calculator to compute the monthly outflows beforehand. For the complete list of charges, click here.
