How To Get Bajaj Finance Business Loan

Riya KapoorApril 3, 2022

4 minutes read

Table of Contents

Bajaj Finance Business Loan 2022: Bajaj Finance Business Loan Friends, if you need money for your business or business growth and you want to take a business loan. So today, you will know about Bajaj Finance (Bajaj Finserv) and Bajaj Finance. Bajaj Finance Business Loan Kaise le, Bajaj Finance Business Loan Interest Rate, Eligibility, Document,

Bajaj Finance Business Loan

Bajaj Finserv (Bajaj Finance) Limited is an essential part of the much larger Bajaj Holdings & Investments Limited. Which provides many facilities like Asset Management and Wealth Management Insurance. Bajaj Finance is one of those significant NBFCs that can do different business, start a new business, increase business, buy machinery for business, all these works. Gives BUSINESS Loans for

bajaj finance business loan amount

Bajaj Finance can easily offer a loan amount up to Rs 45 lakh for a business loan amount so that you can meet your business needs with ease.

Bajaj Finance Business loan interest rate

Friends Bajaj Finance (Bajaj Finance Business Loan) has an interest rate of 17% per annum. Bajaj Finance provides business loans at fixed and floating interest rates.

Bajaj Finance Business loan interest rate

Friends Bajaj Finance (Bajaj Finance Business Loan) has an interest rate of 17% per annum. Bajaj Finance provides business loans at fixed and floating interest rates.
CIBIL Score: An essential CIBIL score of the applicant to take any loan. The better the applicant’s credit score, the lower the interest rate can be for the business loan. For example, to take a Bajaj Finance loan, the applicant’s CIBIL score should not be less than 685.
Monthly Turn Over – The higher the monthly turnover of the applicant’s business, the more business loan will be available, and the same interest rate will be discounted.
Business Vintage: The longer and more extensive the business of the applicant and the older the applicant, the more attractive interest rates can be availed by the applicant.

business loan tenure

You will get a minimum of 12 months and a maximum of up to 84 months to repay the Bajaj Finance business loan amount. During this time, you can quickly repay the business loan amount.

Bajaj Finance Business Loan Processing Fees

Bajaj Finance Business Loan will charge you a processing fee of 2% of the loan amount, which you have to pay when applying for the business loan.

bajaj finance business loan eligibility

To apply to Bajaj Finance Business, it is necessary to have turnover according to Bajaj Finance.
Must have at least 3 years and 5 years of professional experience.
Applicants doing business should earn profit from business for last 2 years.
The business’s annual income should be at least Rs 1.5 lakh per annum.
Applicant should be at least 21 years of age and not more than 60 years at the time of termination of the loan.

Bajaj Finance Business Loan Documents

For Identity Proof – PAN Card, Aadhar Card, Driving License, Voter ID, Passport
For residence proof – Aadhar Card, Driving License, Voter ID, Passport
PAN card of the proprietor/firm/company
6 months bank account statement
ITR
Financial Income Tax Returns for at least 2 years+
Business Office Residence Certificate
A license with proof available to do business.

Benefits and Features of Business Loans

Applicants can easily take this loan for any business. Whether the business is small or big, applicants can easily take a business loan.
Under the Bajaj finance business loan, applicants can take a maximum business loan of up to Rs 45 lakh.
Bajaj Finance Business Loan interest rate is 17% per annum, which depends on the applicant’s profile.
A business loan tenure is up to 84 months.
Applicants can also quickly pay their loans through EMI.
Business Loan gets approved within 24 hours if the applicant fulfills all the terms and conditions of Bajaj Finance.
Take advantage of business loans with zero collateral and minimum documents.
You can easily apply for Bajaj Finance Business Loan both online and offline.
The older the applicant’s business, the more attractive the applicant will be able to take advantage of the more attractive offers and interest rates.
The processing fee for a business loan is 2% of the amount.

How to Login Bajaj Finance Business Loan Portal

First of all, you have to go to the official website of Bajaj Finance, www.bajajfinserv.in.
On the top right corner of the home page, click on the ‘login’ option.
Now, you can log in easily by entering your User Id and Password.
With the help of the Bajaj Finance Loan Portal, you can apply for an online business loan.

Bajaj Finance Business Loan apply online

First of all, go to the official website of Bajaj Finance www.bajajfinserv.in.
After this, select the loan option and select Business Loan.
After that, fill out the business loan application form, in which your full name, full address, and complete information about your business loan have to be filled.
After this, all your (kyc document) documents must be uploaded.
Enter the loan amount as required, and click on submit.
After this process, your documents will be verified by Bajaj Finance. If all the documents are correct, your business loan will be approved.
The loan amount is transferred to your bank account.

Bajaj Finance Business Loan Offline Apply Process

If you want to apply offline for Bajaj Finance Business Loan, you should visit your nearest Bajaj Finance branch.
Talk to the bank manager or loan officer and get complete information about Bajaj Finance Business Loan.
After that, take the business loan application form from the bank.
Fill out the application form thoroughly and attach all your documents with it, and submit the application form to the bank.
After this, your documents will be verified by the bank. Bajaj Finance will approve the business loan only if all the documents you provided are correct.
After that, the loan amount will be transferred to your bank account.

Bajaj Finance Business Loan Status Track

To track Bajaj Finance Business Loan status, you must first visit the official website of Bajaj Finance www.bajajfinserv.in.
On this website, you will see a Status Tracking option; click on it.
Now Status track Application Form will open in front of you.
In this form, you fill in your application number, mobile number, etc.
After this, now click on Submit, and you can check the status of your application.