Bajaj Finserv in your city
Located in Tamil Nadu, Tirupur or Tiruppur is renowned as India's 'Knit Wear Capital.' The prominent textile centre contributes to 90% of India's total cotton knitwear exports. Moreover, the industry employs more than 6 lakh people.
With Bajaj Finserv, one of India's leading private lenders, meet your financial needs with a feature-rich business loan in Tiruppur. We offer competitive interest rates.
Features and benefits
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Minimum documents
Only a few documents are essential to complete the business loan application process.
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Fast approval
Address immediate needs in business effortlessly as Bajaj Finserv offers fast approval on online applications.
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Collateral-free loan
No collateral is required. Funds are sanctioned based on eligibility parameters.
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Repay over flexible tenors
Enjoy the flexibility to choose a suitable repayment schedule. Tenors of up to 96 months are available.
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Avail bigger financing
Whether to purchase or invest in a business, loans of up to Rs. 80 lakh can cover high-ticket needs adequately.
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Online account
Track your EMIs, due dates, outstanding balance, interest rates, etc., through our customer portal – Experia.
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Flexi loan facility
Enjoy additional repayment convenience with our Flexi loan facility. Pay interests only on the funds utilised.
The economy of Tiruppur largely depends on its textile industry that has been thriving for 3 decades now. With many businesses functional, employment opportunities here are huge. Besides, more than 10,000 garment manufacturing industries run in the city, employing 600,000+ people. Aiming to support this textile industry, Tiruppur has special industry parks, including Tirrupur Export Knitwear Industrial Complex, Nethaji Apparel Park and SIDCO Industrial Estate.
For business financing in Tiruppur, trust one of the best NBFCs, Bajaj Finserv, as your reliable financer. Our loans come with online tools for easy calculations, quick approval, flexible tenor, hassle-free documentation, 100% transparent policy, etc. If you are an existing borrower, special pre-approved offers are available to make your loan processing easier and less time-consuming.
Apply via online forms now and receive the money directly in your account.
Documentation and eligibility criteria
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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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Business vintage
At least 3 years
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CIBIL score
Check your CIBIL Score for FREE685+
A few of the documents you may need to provide are proof of business ownership, identity proof, address proof and financial documents. Please read our terms and conditions to know more in detail. For the complete list of required documents, click here.
Interest rates and charges
Apart from interest rates, Bajaj Finserv levies nominal processing fees and other charges on the business loan. Check your possible monthly instalments using the business loan EMI calculator online. For the complete list of charges, click here.
Frequently asked questions
The process to apply is simple. Please fill up the application form online and submit it. As our representatives get in touch with you, hand over the documents for verification.
No additional skills are required to use the online calculator. Provide the loan amount, your preferred tenor and the applicable rate of interest. The tool, in turn, will display total payable interest, EMIs per month and cost of loan instantly.
The Business Loan EMI Calculator uses the following formula to calculate the EMIs:
E = P x r x (1 + r) ^ n / [(1 + r) ^ n – 1]. Here, P denotes principal, r denotes rate of interest, n denotes tenor and E denotes EMI.
Bajaj Finserv maintains transparency in the terms and conditions. We do not impose any hidden charges.
