Features and benefits of a start-up business loan

  • Easy documentation
    Easy documentation

    You only need to submit a few basic documents to our representative, who will reach your doorstep.

  • Quick loan approval
    Quick loan approval

    Get quick approval within 24 hours* after meeting the eligibility criteria. Use the loan amount to meet immediate financing needs.

  • Collateral-free financing
    Collateral-free financing

    Avail of a high-value loan amount without pledging any assets with us.

  • Easy repayments
    Easy repayments

    We provide convenient and affordable repayments with tenor ranging up to 84 months.

  • Lower your EMIs
    Lower your EMIs

    Choose our Flexi facility and lower your EMIs by up to 45%*.

  • Attractive rates
    Attractive rates

    Get attractive rates of interest on business loans and enjoy affordable repayments.

  • Online account access
    Online account access

    You can manage your loan account with our dedicated online customer portal – Experia.

Eligibility criteria and documents required

To help fund the financial requirements of startup businesses, Bajaj Finserv’s offers credits against simple eligibility criteria. Find them below:

  • Business vintage
    Business vintage

    At least 3 years

  • CIBIL score
    CIBIL score

    685 or above

  • Age
    Age

    Should be between 24 - 70 years
    *Age should be 70 at the time of loan maturity

  • Nationality
    Nationality

    Indian resident

Interest rate and charges

Startup business loan comes with nominal interest rates and no hidden charges. To view the list of the fees applicable on this loan, click here.

Frequently asked questions

What are the other fees and charges associated with a business loan?

Apart from the interest rate, the other applicable charges and fees for a business loan are:

  • Broken period interest
  • Processing fee
Is CIBIL score important to get a business loan?

Yes, most lenders usually look for a credit score of more than 685 before lending to prospective borrowers.

How would I know if I am eligible to avail of a business loan or not?

You can simply look at the eligibility criteria and then determine your eligibility. Otherwise, opt for an easier method and use an online eligibility calculator to get quick and accurate results.

How hard is it to get a startup loan in India?

The difficulty or ease to avail of a startup loan depends on the business itself. There are several factors that lenders consider before approving a loan application. Borrowers must maintain a good credit score and meet/exceed the eligibility to avail of a high-value loan amount with ease.