Apply Bajaj Finserv Business Loan Online

Explore 2017 Interest rates available for Bajaj Finserv Business Loan. Check eligibility criteria, EMI calculator, documents required and get instant approval.

Bajaj

Bajaj Finserv Business Loan

Bajaj Finserv Business loan is a great way to increase the working capital for your business. Business Loans are offered on the basis of the numbers of years you are running the business and on the estimated profit that you will earn in the future.

Bajaj Finserv Business Loan Interest Rate, Charges, Fees and Commissions

Processing feesOut of the total amount 2% of the loan amount will be deducted at the time of disbursal of approved loan
EMI bounce chargesFor every bounce in the subsequent month Rs.1000 will be charged
Penal interest2.00% p.m. overdue charges will be levied basis 360 days per year

*Foreclosure charges will be applicable on the outstanding current principal.

*Incase of Part payment, it should be made after 1 EMI

Bajaj Finserv Business Loan Eligibility

If you have either of the following business, then you are eligible for a Bajaj Business Loan -

  • Partnership or Proprietorship Firm
  • Limited or Private Limited Company
  • Chartered Accountant / Self Employed Professional

A Bajaj Finserv Business Loan considers below mentioned Customer Profiles-

  • Self Employed Professionals (SEP) – This category includes practicing Chartered
  • Accountants, Company Secretaries, Allopathic doctors, and architects.
  • Self Employed Non Professionals (SENP) - Traders and manufacturers.
  • Entities - Partnerships, Limited Liability Partnership, Private Limited and closely held Limited companies.

Bajaj Finserv Business Loan Documents Required:

  • Application form
  • 1 Photograph of Co-Applicant
  • Bank account statements for the last 3 months
  • Business vintage for 5 years
  • Business proof: Certificate of practice
  • Income Details: IT returns, Balance sheet & P/L account statement for the last 2 years with Annexure, Form 16 A
  • KYC documents of Co-applicant