Shop Loan

Funds up to Rs.45 lakh

Whether you’re looking to buy or lease new premises, renovate interiors, or have other expenses, a business loan for shop purchase fits your needs.
Special features

The Bajaj Finserv Loan for Shop comes with the Flexi loan facility. Use it to reduce your monthly outgo by up to 45%* by paying interest-only EMIs.
Simple requirements

Applying for a shop loan is easy as you only need to submit essential documentation and get loan approval in under 24 hours*.
Personalised deals

For instant funding via shop loans, check pre-approved offers available to you and enjoy accelerated loan processing.
Digital loan tools

Use our online customer portal, Experia, to access your loan statement, manage EMIs and do much more conveniently.
Running a shop, be it a medical, retail, coffee, grocery or mobile store, requires constant funds. Besides maintenance, stock, and payroll expenses, you may also want to improve your premises or expand to a new location. for all these varied expenses, the Bajaj Finserv Loan for Shop is an ideal financial tool. With it, you get access to ample funding that can be used to grow your business and boost returns.
Loan for Shop Purchase: Eligibility Criteria and Documents Required
To qualify for a shop loan, here are the simple eligibility criteria you need to meet and the documents required when you apply.

Eligibility criteria
- Nationality: Indian
- Business vintage: Minimum 3 years
- Age: 24 to 70 years*
  (*Age should be 70 years at loan maturity.)
- Work status: Self-employed
- CIBIL score: 685
Documents required
- KYC documents
- Proof of business ownership
- Balance sheets and profit and loss statements of the last 2 years

Loan for Shop Purchase: Interest Rate & Fees Applicable

With our shop loan, you can get access to low interest rates and borrow without incurring any hidden charges. For a breakup of a few of the fees and charges applicable, refer to this table.

Fee Type	Charge applicable
Rate of interest	17% p.a. and onwards
Processing fees	Up to 2% of the loan amount (plus taxes)
Bounce charges	Up to Rs.3,000 (Inclusive of taxes)
Penal interest	2% per month
Document processing charges	Rs.2,000 (plus taxes)
Outstation collection charges	Not applicable
Document/statement charges	Download loan documents at no additional cost by logging into the customer portal – Experia. You can also get a physical copy of your documents from any of our branches at a charge of Rs. 50/- (inclusive of taxes) per statement/letter/certificate.

Loan for Shop: How to Apply

Apply online for the Bajaj Finserv Loan for Shop by following this simple 5-step guide.
- Click ‘APPLY NOW’ to open the online application form
- Enter your basic details and your mobile number
- Verify your identity by entering the OTP
- Fill in the required personal and financial data
- Enter the loan amount you require and submit the application
An authorised representative will contact you with further processing instructions so you can get the funds in your bank account.

*Conditions apply

Shop Loan FAQs

Can I get a loan for medical shop in India from Bajaj Finserv?

If you have a healthy CIBIL score of 685 or more with a business that has been operational for 3 years, you can get a loan for medical shop of up to Rs.45 lakh from Bajaj Finserv. Bajaj Finserv offers collateral-free finance with the unique Flexi facility that lets you pay up to 45% lower* EMIs.

What are the required eligibility criteria to apply for a loan for kirana store?

Bajaj Finserv offers a shop loan that comes with simple eligibility criteria. You can easily apply for a loan for kirana store if you meet the following parameters:

- You must have a CIBIL score of 685 or more
- You must have a business operational for at least 3 years
- You must be a resident citizen of India aged between 24 to 70 years*
(*Age should be 70 years at loan maturity.)