Secured Business Loan for Working Capital

The day-to-day costs of running a profitable business can be quite high. Just the salaries of your staff and the fixed costs like electricity and water supply could be quite high. Add in the cost of maintaining your office space and buying inventory, and you would need much more capital. Utilise our secured business loan of up to Rs. 1.05 crore to keep a healthy amount of working capital in your ledgers.



In a competitive job market, people with the right skills and experience ask for high salaries. A secured business loan can help you offer attractive salary packages and seasonal bonuses to your best employees.

Operations cost


Keep your inventory full of the newest products and make sure you have a solid service and delivery system. To maintain your competitiveness, evaluate the quality of your equipment periodically and make the necessary modifications.

Cashflow Gaps


If some customers default or you just pay a large bill to a supplier, it can get tough to keep the books in balance. A Bajaj Finserv Secured Business Loan can help you balance the scales with the Flexi facility.



The rent for your office or factory space could be a large part of your fixed expenses depending on how much room you require. If you choose to rent a space in a more expensive area, the price is likely to go up a great deal, but it may also attract more customers.



Make sure that your workplace is well-lit and that your business follows all electrical safety rules. You might need to update your electrical systems if your business is growing or if you get new equipment.

3 unique variants of our secured business loan

  • Flexi Term Loan

    Assume you have a loan of Rs. 20 lakh with a 24 month repayment schedule. For the first six months, you made timely EMI payments. You must have returned about Rs. 5 lakh by this point, plus interest.

    You realise that you require an additional Rs. 5 lakh. Sign-in to our customer portal, My Account, to withdraw more money from your Flexi Term Loan account.

    Let's imagine you opted to pay off a portion of your loan, say Rs. 10 lakh, after three months. By signing-in to My Account, you can quickly make a payment.

    You only need to pay interest on the outstanding principal because your interest will be automatically adjusted throughout. Your EMI includes both the principal and the adjusted interest.

    Modern businesses need to be dynamic and may require urgent expenditures. For these purposes, a Flexi Term Loan is ideal.

  • Flexi Hybrid Loan

    This variant works just like the Flexi Term Loan. The only difference is that, for the initial period of the loan, your EMI will only consist of the applicable interest. For the subsequent period, the EMI will consist of the interest and principal components.

    Click here for a detailed description of how our Flexi Hybrid Loan works.

  • Term Loan

    This is like regular secured business loan. You borrow a certain amount of money, which is divided into equated monthly instalments that consist of both principal and the applicable interest.

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Features and benefits of our secured business loan

Features and benefits of our secured business loan 00:42

Features and benefits of our Secured Business Loan

Watch this video to know everything about the features of our secured business loan.

  • 3 unique variants

    3 unique variants

    We have 3 new unique variants – Term loan, Flexi Term Loan, Flexi Hybrid Loan. Choose the one that works for you best.

  • No part-prepayment fee on Flexi variants

    No part-prepayment fee on Flexi variants

    With Flexi variants, you can borrow as many times as you want to and part-prepay whenever you can. No extra charges.

  • Loan of up to

    Loan of up to Rs. 1.05 crore

    Get loans from Rs. 1 lakh to Rs. 1.05 crore through an end-to-end online application process to manage your small/ large expenses.

  • Convenient tenures of up to

    Convenient tenures of up to 15 years

    We offer extended repayment tenures of up to 180 months so that you can pay your loans comfortably.

  • Minimal documentation

    Minimal documentation

    You need to submit just a few basic documents to apply for our secured business loan.

  • Immediate processing

    Immediate processing

    In most cases, you will receive funds in your account within 48 hours* of approval and document verification.

  • No hidden charges

    No hidden charges

    All fees and charges are mentioned upfront on this page and in the loan document. We advise you to read these in detail.

    Know about our fees and charges

  • End-to-end online application process

    End-to-end online application process

    You can apply for our secured business loan from the comfort of wherever you are, at a time convenient for you.

  • *Terms and conditions apply

    Still haven’t found what you’re looking for? Click on any of the links at the top of this page.

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Pre-approved offers for new customers

We have pre-approved offers for our existing customers as well as our new customers. We only need your phone number to verify your identity.

If you are a pre-approved customer, you do not need to complete the application process in its entirety. Consider it to be our green channel.

Check your pre-approved offer

You might not require a loan at this time, or you might not have a pre-approved offer. There is still a vast selection of products available, which you can choose from:

  • Set up your Bajaj Pay Wallet

    Set up your Bajaj Pay Wallet

    The 4-in-1 wallet gives you the option to transfer money or pay using UPI, EMI Network Card, Credit Card, and your digital wallet.

    Download Bajaj Pay

  • Check your credit health

    Check your credit health

    The two most crucial factors you should consider are your credit health and your CIBIL Score. Get our Credit Health Report to know your current financial health.

    Check your CIBIL Score

  • Pocket Insurance to cover all your life events

    Pocket Insurance to cover all your life events

    We have more than 300+ insurance plans that start from Rs. 19. They cover all life events, like hiking, common diseases, losing your car keys, and more.

    Discover Insurance Mall

  • Set up an SIP for as little as Rs. 100 per month

    Set up an SIP for as little as Rs. 100 per month

    Select from over 900 mutual funds from 40+ mutual fund companies, like Aditya Birla, SBI, HDFC, ICICI Prudential, and more.

    Discover Investment Mall

EMI Calculator

EMI Calculator

Plan your instalments better.

Know your CIBIL Score

Know your CIBIL Score

Check Now

Eligibility criteria and documents required

Anyone can apply for our secured business loan, as long as you meet the basic criteria mentioned below. If you meet all the eligibility criteria, you will need a set of documents to complete your application process.

Eligibility criteria

  • Nationality: Indian
  • Business vintage: At least 3 years
  • CIBIL Score: 720 or higher
  • Work status: Self-employed/ salaried
  • Age: 22 years to 70 years*
  • Age for non-financial property owners: 18 years to 80 years*
  • Work experience for salaried employees: At least 2 years
  • Minimum salary: Rs. 24,000 per month

*Upper limit is the age at the end of your loan tenure.


  • KYC documents:
  1. Passport
  2. Driving License
  3. Voter’s Identity Card
  4. Aadhaar Card
  5. PAN card
  6. Job Card issued by NREGA duly signed by an officer of the State Government
  7. Letter issued by the National Population Register
  • Employer identity card or documents of business ownership such as partnership agreement, and registration certificate
  • Bank account statements for the last 6 months, income tax returns, or financial documents such as balance sheet or profit and loss statement
  • Documents of the property to be mortgaged, such as title documents

*Any additional documents that may be required will be communicated during the loan application process.

Secured business loan application process

Video Image 01:00

Step-by-step guide to applying for a secured business loan

  1. Click on the ‘APPLY' button on this page.
  2. Enter your first name, last name, PIN code, 10-digit mobile number, and OTP.
  3. Fill in the application form with your details, such as your date of birth and employment type.
  4. Select the type of loan you want (loan against property, or loan against property balance transfer), enter the amount, and the PIN code of your property to be pledged. 
  5. Once you fill in all the details, click on ‘SUBMIT’ to finish your application.

Our representative will guide you on the next steps.

Applicable fees and charges

Types of fee Applicable charges
Rate of interest 9% - 30% per annum
Processing fee Up to 3.54% of the loan amount (inclusive of applicable taxes)
Document processing charges Up to Rs. 2,360 (inclusive of applicable taxes)
Flexi fee Not applicable
Prepayment charges

Full prepayment (foreclosure)

  • Term Loan: Up to 4.72% (inclusive of applicable taxes) on the outstanding loan amount as on the date of full prepayment
  • Flexi Term Loan (Flexi Dropline): Up to 4.72% (inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule as on the date of full prepayment
  • Flexi Hybrid Loan: Up to 4.72% (inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule as on the date of full pre-payment

Part prepayment

  • Up to 4.72% (inclusive of applicable taxes) of the principal amount of loan prepaid on the date of such part pre-payment
  • Not Applicable for Flexi Term Loan (Flexi Dropline) and Hybrid Flexi

Note: If all borrowers and co-borrowers are individuals, loan availed on floating interest rates, and loan taken for purposes other than business use, then there will be no foreclosure/ part-prepayment charges.

Annual maintenance charges

Term Loan: Not applicable

Flexi Term Loan (Flexi Dropline): Not applicable

Flexi Hybrid Loan: Up to 0.295% (inclusive of applicable taxes) of the total withdrawable amount during the initial loan tenure. Not applicable during the subsequent loan tenure

Bounce charges In case of default of repayment instrument, Rs. 1,500 per bounce will be levied
Penal interest Any 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 date of default until the receipt of monthly instalment.
Stamp duty Payable as per state laws
Mandate rejection charges Rs. 450 per month from the first month of due date for mandate rejected by customer's bank until the new mandate is registered
Broken period interest/ pre-EMI interest

Broken period interest/ pre-EMI interest shall mean the amount of interest on Loan for the number of day(s) which is(are) charged in two scenarios:

Scenario 1 – More than 30 days from the date of loan disbursal till the first EMI is charged:

In this scenario, broken period interest is recovered by the following methods:

  • For Term Loan: Deducted from the loan disbursement
  • For Flexi Term Loan: Added to the first instalment
  • For Flexi Hybrid Loan: Added to the first instalment

Scenario 2 – Less than 30 days from the date of loan disbursal till the first EMI is charged:

  • In this scenario, interest is charged only for the actual number of days since the loan was disbursed.
Mortgage origination fees Up to Rs. 6,000 per property (inclusive of applicable taxes)
Property insight (if availed) Rs. 6,999 per property (inclusive of applicable taxes)
Mandate registration charges In case of UPI mandate registration, Re. 1 (inclusive of applicable taxes) will be collected from the customer

Frequently asked questions

What is the maximum amount of loan I can get?

Once you meet the eligibility criteria and submit the required documents, you can get a secured business loan of up to Rs. 1.05 crore (inclusive of insurance premium, VAS charges, documentation charges and Flexi fees).

What is the Flexi Term Loan facility?

Bajaj Finance offers secured business loan with the Flexi variants that allow you to withdraw money as per your requirement from a sanctioned loan amount. You will have to pay interest only on the withdrawn amount and not on the entire loan limit. With the Flexi Hybrid Loan, you can also part-prepay when you have extra funds without any additional charge.

Where can I find the loan account statement for my secured business loan?

We offer easy online access to loan statements through our customer portal, My Account. With the help of this portal, you can view and manage your loan account from anywhere in the world. You can also download the e-statements and certificates free of cost.

Can I apply for a secured business loan if I already have an existing loan?

You can apply for a secured business loan even if you have an existing loan. Please note that having multiple loans simultaneously may impact your credit score.

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