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
Frequently asked questions
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.
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