Features and benefits of a start-up business loan
You only need to submit a few basic documents to our representative, who will reach your doorstep.
Quick loan approval
Get quick approval within 24 hours* after meeting the eligibility criteria. Use the loan amount to meet immediate financing needs.
Avail of a high-value loan amount without pledging any assets with us.
We provide convenient and affordable repayments with a tenure ranging up to 96 months.
Lower your EMIs.
Choose our Flexi facility and lower your EMIs by up to 45%*.
Get attractive rates of interest on business loans and enjoy affordable repayments.
Online account access
You can manage your loan account with our dedicated online customer portal – My Account.
*Terms and conditions apply.
Eligibility criteria and documents required
To help fund the financial requirements of start-up businesses, Bajaj Finance offers credits against simple eligibility criteria. Find them below:
At least 3 years
685 or above
24 years to 80 years*
(*age should be 80 years at loan maturity).
The following documents are required to get instant small business loans.
- KYC documents
- Proof of business ownership
- Other financial documents
Interest rates and charges
Start-up 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
Apart from the interest rate, the other applicable charges and fees for a start-up loan are:
- Broken period interest
- Processing fee
Yes, CIBIL Score is an important eligibility criterion for business loan. For Bajaj Finserv Business Loan you must have a CIBIL Score of 685 or higher.
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 start-up 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 Finance, you can get collateral-free funds up to Rs. 80 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 80 years* (*age should be 80 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. You also need to meet a few other eligibility parameters and submit the required documents to get a loan of up to Rs. 80 lakh* from Bajaj Finance.
*Inclusive of Insurance premium, VAS charges, documentation charges, Flexi fees, and processing fees).