Features and benefits
Swift loan processing
Qualify for the loan by meeting simple criteria, submitting minimal documentation, and without the need for collateral.
Apply online easily for MSME loan/ SME funding by submitting just a few essential documents.
Repayment made flexible
Select a tenor up to 84 months for comfortable repayment of your MSME/ SME loan.
Digital loan management
Check your account statement and manage EMIs with an online loan account for maximum convenience.
Get special offers
To simplify the borrowing experience and expedite loan processing, check your pre-approved offer today!
Funds up to Rs. 45 lakh
Get an ample sanction to address all business-related expenses.
Suit your dynamic needs with our Flexi facility. Borrow from the sanction as needed and pay interest only on the amount you utilise.
With funds up to Rs. 45 lakh, an MSME/SME loan from Bajaj Finserv is designed to assist businesses in managing their multiple working capital expenses.
You can avail of an MSME loan without collateral, which means you don’t have to pledge any assets. You can get this loan at a competitive interest rate and enjoy approval in under 24 hours* to meet urgent needs for finance. Our MSME/ SME business loan is a simple and efficient solution for your funding needs.
Further, our Flexi business loan allows you to reduce your EMIs by up to 45%* when you pay only interest as EMIs to improve cash flow. The principal is repaid at the end of the tenor.
Frequently asked questions
To apply an for the MSME/ SME loan successfully, here are the documents you require:
- KYC documents
- Proof of business ownership
- Profit and loss statements and balance sheets
You may also be asked to submit additional documents if required.
To qualify for the loan, these are simple criteria to meet:
- Nationality: Indian
- Business vintage: At least 3 years
- Age: 24 to 70 years*
*Age should be 70 years at the time of loan maturity
- Work status: Self-employed
- CIBIL score: 685 or higher
To avail of SME/ MSME finance, simply meet the eligibility criteria, apply for the loan, and submit all the required documents.
Entities, self-employed professionals, and self-employed non-professionals like proprietors, retailers, traders and others can get an SME/ MSME loan from Bajaj Finserv.
With Bajaj Finserv, you can avail of the MSME/ SME loan with an interest rate starting from 17% p.a.
Follow this easy 4-step guide to applying for this loan online:
- Click on ‘APPLY ONLINE’ to open the application form
- Fill out the online application form and authenticate with an OTP sent to your phone
- Fill in your KYC and business information
- Upload the bank statement for the last 6 months and submit the application form
Once you have applied, an authorised representative will contact you with further instructions on getting the funds in your bank account.