Shop Loan - Loan for Shop Purchase in India - Apply Now

Loan for Shop Purchase: Features and Benefits
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: 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: 25 to 65 years
- Work status: Self-employed
- CIBIL score: 750 or higher
Documents required
- KYC documents
- ITR filed for the last 1 year
- Proof of business ownership
- Balance sheets and profit and loss statements of the last 2 years

Loan for Shop: 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	18% 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