Start-up Business Loans

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

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.

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.

Yes, it is mandatory to have a business plan before you avail of a loan. A start-up business loan comes with simple eligibility criteria and minimal documents. With Bajaj Finserv, you can get collateral-free funds up to Rs. 50 lakh* (*Inclusive of Insurance Premium, VAS Charges, Documentation charges, Flexi fees and Processing fees) once you meet the following eligibility parameters:

• You must be between 24 years to 70 years* (*Age should be 70 years at the time of Loan Maturity)
• You must have a minimum business vintage of 3 years
• You must have a CIBIL score of 685 or higher

*Term and conditions apply

If you are applying for a start-up business loan, your business must have a minimum vintage of 3 years. Apart from this, you also need to meet a few other eligibility parameters and submit the required documents to get a high-value loan of up to Rs. 50 lakh* (*Inclusive of Insurance Premium, VAS Charges, Documentation Charges, Flexi fees and Processing Fees) from Bajaj Finserv.