Features and benefits

  • Flexi loan benefits

    Flexi loan benefits

    Bajaj Finserv extends the Flexi loan facility, which you can use to borrow freely and pay interest only on what you withdraw.

  • No collateral needed

    No collateral needed

    Since this loan is unsecured, you don’t have to pledge assets to avail of financing.

  • Online loan management

    Online loan management

    For 24x7 access to information about your loan, be sure to use our online customer portal.

As a business owner, setting up a new hotel or restaurant chain or maintaining your existing one usually requires ample funds. You can manage this need efficiently and in an expedited manner with a loan for hotels and restaurants by Bajaj Finserv.

With easily accessible financing, you can stock up raw materials, pay for property licenses and permits, buy equipment, hire personnel, renovate, set up marketing and more. You can use the loan amount of up to Rs. 50 lakh* (*Inclusive of Insurance Premium, VAS Charges, Documentation Charges, Flexi fees and Processing Fees) to meet any business-related expense. The loan also comes with a flexible tenor of up to 96 months and an attractive interest rate.

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Eligibility criteria and documents required

Due to the simple loan eligibility criteria, you don’t have to worry about qualifying for the loan. To make matters simpler, you only need to submit minimal documentation when applying.

  • Age


    24 years to 70 years*
    (* Age should be 70 years at the time of Loan Maturity)

  • CIBIL score

    CIBIL score

    685 or higher

  • Work status

    Work status


  • Nationality


    Resident Indian

  • Business vintage

    Business vintage

    At least 3 years

You will need the following documents to apply:

  • KYC documents
  • Business proof: Certificate of business ownership
  • Other financial documents

Interest rate and fees applicable

When you opt for our loan for hotels and restaurants, you enjoy the benefit of low-interest rates and nominal fees and charges. This helps keep the loan affordable all through the tenor.

Fee type

Charge applicable

Rate of interest

9.75% to 25% p.a.

Processing fees

Up to 2.95% of the Loan Amount (Inclusive of Applicable Taxes)

Bounce charges

Rs. 1,500 per bounce

Penal interest

Delay in payment of Monthly instalment shall attract penal interest at the rate of 3.50% per month on the Monthly Instalment outstanding, from the respective due date until the date of receipt of Monthly Instalment.

Document processing charges

Rs. 2,360 (Inclusive of applicable taxes)

Outstation collection charges

Not applicable

Document/ statement charges

Download loan documents at no additional cost by logging into the customer portal – My Account

You can also get a physical copy of your documents from any of our branches at a charge of Rs. 50 (inclusive of taxes) per statement/ letter/ certificate.

How to apply

The steps to apply for this loan are simple, easy to execute and take just a few minutes. They are as follows:

  1. 1 Click on ‘APPLY ONLINE’ to open the online application form
  2. 2 Fill in the basic details, and the OTP sent to your registered phone
  3. 3 Enter your personal and business information accurately
  4. 4 Upload the last 6 months bank account statements and submit the application

Once submitted, our representative will contact you to offer further assistance.

*Conditions apply
**Document list is indicative