How to get Bajaj Finance Business Loan?

Bajaj Finance Business loan in Hindi Bajaj Finance Business Loan : In this article, we will provide you information about Bajaj Finance Business Loan. If you want to take a loan to start a new business or want to take a loan to expand your business, then you can join Bajaj business loan. What you need to know before taking a business loan What is business loan And how does it work.

In this article we will know in detail that What is Bajaj Business LoanInterest on business loan, what is the documents, eligibility and how can we apply for this loan etc., so read this article till the end.

Also read: Axis Bank Business Loan

Bajaj Finance Business loan in Hindi

business loan Secured & Unsecured loan There are both types. For taking business loan CIBIL Score Must be very good. If you fulfill all the conditions of Bajaj Finance business loan then you can get this loan immediately. Customers who have a strong credit history with a very good CIBIL score can opt for Bajaj Finance’s attractive business loan interest rate can take advantage of.

You Bajaj Finance business loan You can apply for both online and offline mode. Bajaj Finserv offers both secured and unsecured business loans. Bajaj Finance offers a wide variety of business loans. You can get a maximum loan of Rs 45 lakh from Bajaj Finserv.

The interest rate of Bajaj Finserv Business loan starts from 17% per annum. If you fulfill all the conditions of this loan then your loan will be approved in just 24 hours. You can take advantage of pre-approved offers on this loan. There are no hidden charges under this loan. Whether your business is small or big, you can take advantage of this business loan.

Also read: ICICI Business Loan

HIGHLIGHTS:

loan name	Bajaj Finance Business Loan 2022
lender	Bajaj Finance
loan amount	up to Rs 45 lakh
loan tenure	up to 84 months
Rate of interest	Starting from 17% p.a.
processing fee	2% of loan amount
Application Mode	online / offline
official website	https://www.bajajfinserv.in/

Also read: IIFL Business Loan

Bajaj Finance Business loan interest rate 2022

Before applying for a business loan, you need to be aware of its interest rate. Bajaj Finance Business Loan interest rate starts from 17% p.a. Bajaj Finance offers loans at both fixed and floating interest rates. The interest rate of business loan depends on many factors. The factors that affect the interest rate of a business loan are:

• CIBIL Score: The CIBIL score of the applicant is very important for taking a loan. The higher your credit score, the more you can get a loan at the lowest interest rate. A customer’s CIBIL score of 685 or above is considered ideal for availing a Bajaj business loan.
• Business Type: The nature of your business plays an important role in determining the interest rate of your term loan. Prakrit of business helps the lender to check whether the business is profitable or not.
• Monthly Turnover: The monthly turnover of your business to the lender plays a role in determining how high your repayment capacity is.
• business vintage: The longer your business is, the older you are, the more attractive interest rates you can take advantage of.

Also read: Lendingkart Business loan

Benefits and Features of Bajaj Finance Business Loan

• You can take this loan for any of your business whether your business is small or big.
• Under Bajaj business loan, you can get a maximum loan of up to Rs 45 lakh.
• The interest rate of this loan starts from 17% per annum which depends on the profile of the applicant.
• The loan tenure of this business loan is up to 84 months.
• You can pay your loan through EMI.
• Your loan will be approved in 24 hours if you fulfill all the conditions of Bajaj Finserv.
• Choose flexi facility and reduce the burden of monthly installments.
• Avail loans with zero collateral, minimal documentation.
• bajaj finance business loan You can apply for both online and offline.
• The older your business, the more attractive interest rates you will be able to take advantage of.
• The processing fee for the loan is 2% of the loan amount.
• Bajaj Finance offers many types of business loans such as Start-up business loan, Working capital loan, MSME loan, which you can take advantage of.

Also read: Mahindra Finance Business loan

Bajaj Finance Business loan Documents required

Before applying for the loan, you should keep all your documents together so that whenever the bank asks you for documents, you can show them all the documents immediately:

• KYC Documents: Aadhar Card, Driving License, Pan Card, Voter ID Card, or any other government approved KYC document.
• Address proof: Documents like rent agreement, electricity bill, or passport can be used as proof of address.
• Financial Documents: A copy of your GST return, bank account statement and other financial documents.
• Proof of Business Ownership: The registration document for your business.

Also read: Government Business Loan Schemes

Bajaj Finance Business loan Eligibility

• Applicant must be a permanent resident of India.
• Your business must be at least 3 years old.
• Self employed person can apply for this loan.
• Your CIBIL score should be 685 or above.
• The age of the customer should be between 24 to 70 years.
• Your age should not be more than 70 years at the time of loan maturity.

Also read: HDFC Bank Business Loan

How to Apply for Bajaj Finance Business Loan?

If you fulfill all the conditions of this loan, then you can apply for it both online and offline. To apply, follow the steps given below:

Bajaj Finserv Business loan apply online

• To apply online, you must first visit the official website of Bajaj finserv. bajajfinserv.in But have to come.

• In the option of Loans on the home page of the website, you will get business loan Click on this option will appear.
• All the information related to business loan will come in front of you.
• you to apply Apply Online Click on this option will appear.
• The loan application form will open in front of you.
• Enter the information asked in the form like name, mobile number, type of employment etc.
• Submit the form after entering all the required information.
• After this, the employees of Bajaj finserv will contact you and the loan process will be continued further.

Also read: Bank of India Business Loan

How to apply offline?

• To apply offline, you have to first visit your nearest Bajaj finserv branch.
• You have to go to the bank branch and contact the bank employee.
• staff you Bajaj finserv business loan Will provide all the related information.
• Then your documents will be verified.
• Then you have to fill a form.
• Attach the documents with the form and submit it there.
• If you fulfill all the conditions of the business loan, then your loan will be approved in 24 hours.

Also read: SBI Business Loan

Bajaj Business loan fees and charges

Various types of fees and charges are charged from the customer which you can see here:

Business Loan Rates & Charges:

type of fee	applicable fee
Rate of interest	Starting from 17% p.a.
processing fee	2% of loan amount + applicable taxes
bounce fee	Up to Rs.3000 (including applicable taxes)
penal interest	Penal interest at the rate of 2% per month on monthly installment/EMI dues
document processing charge	Rs.2000 + applicable taxes
document/statement fee	50 rupees
stamp duty	On Actual (State wise)

Also read: Shriram finance business loan

Annual Maintenance Fee:

loan type	charges
Flexi Term Loan	0.25% of the total withdrawable amount (as per repayment schedule) + applicable taxes
Flexi Hybrid Loan	1% of the total withdrawable amount during the initial period + applicable taxes. 0.25% of the total withdrawable amount + applicable taxes during subsequent periods.

Also read: SBI Business Loan for Womens In Hindi

Foreclosure Charges:

type of loan	charges
Loan (Term Loan / Advance EMI / Step-up Structured Monthly Installment / Step-down Structured Monthly Installment	4% + applicable tax on outstanding loan amount payable by the borrower on the date of such full prepayment
Flexi Term Loan	4% of the total withdrawable amount + applicable taxes as per the repayment schedule on the date of such full prepayment
Flexi Hybrid Loan	4% of the total withdrawable amount + applicable taxes as per the repayment schedule on the date of such full prepayment

Part-Payment Charges:

time limit	charges
More than 1 month from the date of disbursement of loan	2% + tax on part-prepaid amount

Also read: What is credit card and how to apply?

Bajaj Finance Business loan EMI Calculator

Before applying for a business loan, you should calculate the EMI (Equated Monthly Installment) of that loan so that you can get an idea of ​​how much you will have to pay at the time of repayment of the loan. You can visit the official website of Bajaj Finance Business loan EMI calculator With the help of this you can calculate the EMI of your loan.

The EMI of the loan depends on the loan amount, interest rate and loan tenure. As soon as you click on this link a calculator will open in front of you. In this, you have to select the loan amount, interest rate and loan tenure and your EMI will appear in front of you.

Also read: What is Agriculture Loan and how to get it?

Bajaj Finance Business loan Contact Number

• Bajaj Finance helpline number: +91-8698010101

Conclusion

In this article we have you Bajaj Finance business loan in Hindi 2022 Provided complete information about. Any person who wants to start his own new business or want to expand his business can join with Bajaj Finance Business Loan. If you are facing any kind of problem in applying for the loan, then you can get information by calling on Bajaj loan customer care number.

Hope friends you have found this article informative. If you liked this article then please share it with your friends.

Also read: How to take loan to buy plot?

Questions Related to Bajaj Finance Business Loan: