How to apply for ESOP financing
Step-by-step guide to apply for ESOP financing
Step 1: Click on ‘Apply’ to initiate your application.
Step 2: Enter your mobile number to Sign in and click ‘GET OTP’.
Step 3: Enter the OTP sent to your mobile number. On successful verification, you will be redirected to our online application form.
Step 4: Enter basic details like: Full name, Email ID, mobile number and city of residence.
Step 5: Under ‘Type of Security’ select ‘ESOP Financing’.
Step 6: Enter the total portfolio value of your security and click on ‘Submit’.
Once your application form is submitted, our representative will get in touch with your further proceedings. The final loan amount shall be calculated basis the valuation of the company and the price of the share.
Disbursement shall be done post successfully verification.
Frequently asked questions
If you are planning to buy ESOP of any of the approved list of companies, Bajaj Finance can help finance your purchase. You can get loan amount ranging from Rs. 1 Lakh to Rs. 175 crore at interest rate of 20%.
No. ESOP Funding is available for the companies listed stock exchanges and subject to approval from credit team of Bajaj Finance. Check the list of companies eligible for ESOP funding.
No additional security / collateral is needed to be provided, apart from the shares against which the ESOP funding is granted.
An ESOP's benefit is that it enables staff members to purchase shares or ownership in the business they support. You get stock in the business after joining as an employee.