Business loan eligibility criteria
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Nationality
Indian
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Business vintage
At least 3 years
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CIBIL score
650 or higher
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Work status
Self-employed
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Age
21 years (at loan application) of Co-Applicant
80 years (at loan maturity) of Co-Applicant
If the age requirements for co-applicants are not met, additional co-applicant must be added
Documents required for a business loan
- KYC documents
- Proof of business ownership
- Other financial documents
The Bajaj Finance Business Loan eligibility criteria are easy to meet, as listed above. In order to make the application process for this loan as hassle-free as possible, we ask for only minimal paperwork. Aside from your basic KYC documents and proof of business ownership, you may need to submit your recent financial statements when you apply.
Once your business loan eligibility and documents have been verified, it takes only 24 hours* for you to get the loan transferred to your bank account.
*Terms and conditions apply
Frequently asked questions
To get a Bajaj Finance Business Loan, you need:
- KYC documents such as PAN card, Aadhaar card, a driving license, a voter's ID card, or a passport
- Proof of business ownership
- Other financial documents
To meet the Bajaj Finance Business Loan eligibility criteria, you will need to have a CIBIL score of 650 or higher. Check credit score for free before you apply at Bajaj Finance
The Bajaj Finance Business Loan goes up to Rs. 80 lakh* (*Inclusive of Insurance Premium, VAS Charges, Documentation Charges, Flexi fees and Processing Fees). However, the amount of your sanction depends on the business loan documents you submit and your business loan eligibility check.
To apply for a Bajaj Finance Business Loan, you must be between 21 and 80 years years* of age. *Age should be 80 years years at the time of loan maturity. However, your CIBIL score and business financials are equally important when it comes to gauging your business loan eligibility.
*Terms and conditions apply
Easily check your business loan application status by logging on to the Bajaj Finance website and following these steps:
- Visit our website, click on ‘My Account’ and then select ‘Customer Portal’
- Log in to the customer portal – My Account – with your Bajaj Finance registered mobile number and an OTP
- After logging in, choose ‘Track Application’
- Complete your identity verification with your registered mobile number and an OTP, to see your application status
*Terms and conditions apply
