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What is the eligibility criteria for Working Capital Loans?

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What is the eligibility criteria for Working Capital Loans?

Bajaj Finserv offers Working Capital Loans with eligibility criteria that is easy-to-meet.
If you fulfil the following working capital loan requirements, your loan will be easily approved:
1. You must be aged between 22-55 years.
2. Your business should be in operations for at least 3 years.
3. Your business’ income tax returns must have been filed for the same period.
4. If your annual turnover last year was higher than Rs.1 crore, your financial statements would need to be audited by a CA.

With a good CIBIL score, you can increase your chances of getting a working capital loan approved and you could also get a better deal on your Working Capital Loan.

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