Features and benefits of a start-up business loan
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Easy documentation
You only need to submit a few basic documents to our representative, who will reach your doorstep.
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Quick loan approval
Get quick approval within 24 hours* after meeting the eligibility criteria. Use the loan amount to meet immediate financing needs.
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Collateral-free financing
Avail of a high-value loan amount without pledging any assets with us.
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Easy repayments
We provide convenient and affordable repayments with tenor ranging up to 84 months.
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Lower your EMIs
Choose our Flexi facility and lower your EMIs by up to 45%*.
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Attractive rates
Get attractive rates of interest on business loans and enjoy affordable repayments.
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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:
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Business vintage
At least 3 years
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CIBIL score
685 or above
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Age
Should be between 24 - 70 years
*Age should be 70 at the time of loan maturity -
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
Apart from the interest rate, the other applicable charges and fees for a business loan are:
- Broken period interest
- Processing fee
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.
