Bajaj Finance Limited India - Business Loans
Overview
Bajaj Finance Limited is one of the leading non-banking financial companies in India that offers a wide range of financial products and services, including business loans. Business loans from Bajaj Finance are designed to help small and medium-sized enterprises (SMEs) meet their financial needs and grow their businesses.
Features of Bajaj Finance Business Loans
- Flexible loan amounts
- Competitive interest rates
- Quick and hassle-free application process
- Online account access and management
- Customized loan solutions
Eligibility Criteria
To apply for a business loan from Bajaj Finance, applicants must meet the following eligibility criteria:
- Minimum age of 25 years
- Minimum business vintage of 3 years
- Positive business turnover
- Good credit score
Documents Required
Applicants will need to provide the following documents when applying for a business loan from Bajaj Finance:
- Proof of identity
- Proof of address
- Bank statements
- Business registration documents
- Income tax returns
How to Apply
Applicants can apply for a business loan from Bajaj Finance by visiting their official website and filling out the online application form. Alternatively, they can also visit a Bajaj Finance branch or contact their customer service team for assistance.
Contact Information
For more information about business loans from Bajaj Finance Limited India, you can contact them at:
Phone: 1800-103-3535
Email: customercare@bajajfinserv.in
Bajaj Finance Limited - Business Loans - FAQs
1. What are the different types of business loans offered by Bajaj Finance Limited?
Bajaj Finance Limited offers various types of business loans such as term loans, working capital loans, machinery loans, and business credit cards.
2. What is the eligibility criteria for applying for a business loan from Bajaj Finance Limited?
The eligibility criteria include a minimum age of 25 years, a good credit score, a stable income, and a minimum business vintage of 3 years.
3. How much loan amount can I borrow for my business?
The loan amount depends on various factors such as the business's financial stability, credit score, and repayment capacity. Bajaj Finance Limited offers business loans ranging from INR 10 lakhs to INR 30 lakhs.
4. What is the interest rate charged on business loans by Bajaj Finance Limited?
The interest rate varies depending on the type of loan, amount borrowed, repayment tenure, and the borrower's credit profile. It typically ranges from 15% to 28% per annum.
5. How long does it take for the loan to be disbursed?
The loan disbursement process usually takes 3 to 7 working days after the submission of all necessary documents and verification of the application.
