How to get collateral-free working capital loans?

2 min read

It is easy to get an unsecured working capital loan from Bajaj Finance to fuel your business. Just follow these steps:

Step 1: Check if you qualify the eligibility criteria for the loan.

Age: 24 years to 80 years*
(*age should be 80 years at loan maturity).

Work status: Self-employed

Business vintage: Minimum 3

CIBIL Score 685 or higher

Step 2: Fill in the online application form

Fill in your personal and business-related details to submit our short online loan application form. Get approval in just 48 hours* and meet your planned or unplanned business needs with ease.

Step 3: Keep your documents ready

Submit the following documents to our representative once your application is approved:

  • KYC documents - Aadhaar/ passport/ voter’s ID
  • PAN card
  • Proof of business ownership
  • Other financial documents

*Conditions apply

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Frequently asked questions

How to get a working capital loan without collateral?

One of the sources of collateral-free working capital is Bajaj Finserv Business Loan, which offers a loan of up to Rs. 80 lakh at competitive interest rates without any collateral. You can apply online for this loan by following a few simple steps. You can also choose from three unique variants of this loan – Term Loan, Flexi Term Loan, and Flexi Hybrid Loan.

What is collateral-free working capital?

Collateral free working capital is a type of loan that does not require any asset or guarantee from the borrower. It can cover regular business expenses such as wages, raw materials, etc. Some benefits of collateral free working capital are:

  • No risk of losing assets in case of default
  • Attractive and competitive interest rates
  • Flexible repayment options and tenures