Bajaj Finserv Business Loan
Based on 107 Customer Reviews
Published on: 13 Sep 2018
Based on 107 Customer Reviews
Published on: 13 Sep 2018
Bajaj Finserv is an Indian Financial Services company, providing a wide range of lending, asset management, wealth management and insurance services to its customers through its various delivery channels. It is a part of Bajaj Holdings and Investments Limited Company and was established in 2009. Bajaj Holdings has been registered as a Non-Banking Financial Company (NBFC) with Reserve Bank of India (RBI) and is classified as a Non-deposit taking NBFC as per the RBI regulations. The company has a network of over 1,400 branches across the country with staff strength of around 20,000. The company was even ranked at #119 among The Economic Times 500 in 2014.
To start a new business or to carry on the functionality of an existing business, one needs funds. But the main question that arises is where can you get these funds from? A business loan may be the answer to all of your business needs. Whether you are expanding your existing business or entering your business into a new vertical, you can avail a small business loan to overcome your financial crunch. In today's ever-changing economic state, any enterprise can see a potential growth as long as they use the business loan wisely.
With flexible repayment options and low-interest rates, Bajaj Finserv business loan can give you the much-needed hike to your business/MSME/SME, thus enhancing your profitability and competitive abilities. Business loan by Bajaj Finserv gives you access to the much-needed funds, enabling you to expand your existing business or to buy new machinery and equipment, maximize the growth and so much more, by providing easy repayment options.
Bajaj Finserv provides you with a customized loan application process such that it suits any individual’s business credit requirements. Afinoz.com has an exclusive tie-up with Bajaj Finserv. Therefore, applying for a Bajaj Finserv business loan through Afinoz.com makes the process of application and approval of loans from Bajaj Finserv much easier and quicker. By availing the benefits of Bajaj Finserv business loans through Afinoz.com, business owners can achieve their dreams of business expansion and growth.
Afinoz.com is India's foremost online financial marketplace for availing loans and investments. Our main objective is to make the process of getting a loan or making an investment safer, convenient and hassle-free for individuals. We work with public and private banks, NBFCs and mutual fund houses across the entire country and offer an unbiased quotation on financial products. You can contact our team to get more information or apply for a loan or investment by calling on +918795021552 or by emailing at firstname.lastname@example.org. Afinoz.com provides solutions which are quick, reliable, transparent, confidential and above all free.
Bajaj Finserv business loan gives you the advantage of Flexi EMI options, higher loan amount, flexible tenure and lower interest rates. Following are the various features and benefits which a customer can avail when applying for business loans to fulfill their financial needs:
Bajaj Finserv business loan eligibility and Bajaj Finserv business loan interest rates can easily be evaluated through and seen on Afinoz’s website. If there is any query about Bajaj Finserv business loan application, you can log on to afinoz.com or give us a call at +918795021552 or mail us at email@example.com and get all the solutions at one go.
Eligibility for Bajaj Finserv business loan is decided on the basis of certain parameters. A loan seeker must come under the below-mentioned eligibility criteria to avail business loan from Bajaj Finserv:
For obtaining a business loan from Bajaj Finserv, a borrower has to produce relevant documents according to their business profiles to receive maximum loan amount. The documents required for availing a business loan are basic and include:
Bajaj Finserv business loan eligibility and Bajaj Finserv business loan interest rates can be easily evaluated through and seen on Afinoz’s website. If there is any query about Bajaj Finserv business loan application, you can log on to afinoz.com or give us a call at +918795021552 or mail us at firstname.lastname@example.org and get all the solutions at one go.
|Interest Rates||16% ( Up to 30 lakhs )|
35% ( Above 30 lakhs )
|Loan tenure||12 to 48 months|
|Processing Charges||Up to 2 % of the total loan amount + Service Tax|
|Prepayment||No prepayment permitted until the repayment of minimum 6 months EMI|
|Prepayment charges||>1 month|
4% of the Principal Outstanding + Service Tax
|Penal interest||2.00 % per month|
Special Note: Rates are subject to periodic change. Business loan interest rates in Bajaj Finserv and other fees and charges are subject to regular review and can vary from customer to customer depending upon a number of factors ranging from credit score, to existing loans, amount of savings, company with which you are currently employed, number of years of relationship with Bajaj Finserv, etc.
Afinoz.com is India’s finest personalized financial marketplace. We have created a business loan platform which lets you choose the best business loan that meets your requirements from the multiple options that are available to you:
Bajaj Finserv has an exclusive tie-up with afinoz.com. If you are looking for a business loan then you can simply log on to Afinoz.com to check your business loan eligibility and apply for a loan.
Business owners can apply for a loan in Bajaj Finserv through Afinoz.com in the following three simple steps:
At each step of the application process, Afinoz.com allows it's applicant to keep track of the status of their application in real-time via SMS as well as through emails. Due to such simplified and fast processing, Afinoz.com has become a popular option among a large number of business owners.
Query - How long does it take to get the business loan from Bajaj Finserv?
Reply - Once you upload your documents online, your business loan may get approved within 24 hours and disbursed in 72 hours, depending on the loan amount you apply for and your eligibility.
Query - Can I pre-pay my Bajaj Finserv business loan?
Reply - Yes, you can pre-pay your business loan after a period of 6 months or repayment of 6 EMIs whichever is earlier or as per the terms and conditions stated by Bajaj Finserv at the time of the application of loan. In case you want to prepay your loan before 6 months, a small pre-payment fee will be charged by the company.
Query - Can I check my Bajaj Finserv Business Loan status?
Reply - If you have applied for your Bajaj Finserv business Loan through Afinoz.com, then all you need to do is to fill the Bajaj Finserv business loan application details on our website and get your loan status at real-time via SMS and emails or you can log into your account on ourwebsite with your Afinoz loan application ID and check your loan status.
Query - My credit score is low, will I still get a business loan from Bajaj Finserv?
Reply - If you have a poor credit score, you can still qualify for a business loan only if the negative remarks on your credit report are at least a few years old.
Query - How can I find out if I am eligible for the Bajaj Finserv business loan?
Reply- Afinoz.com provides you with an eligibility calculator called business loan eligibility calculator which you can use to determine your eligibility for the loan. It will also tell you the amount that you are eligible to obtain from the bank.
Query- What is the maximum amount of business loan that I can avail?
Reply- Bajaj Finserv provides the maximum amount of Rs. 30 lakhs as per your needs and your eligibility.
Query - Do I need to provide any security or collateral for availing a business loan from Bajaj Finserv?
Reply - Bajaj Finserv does not ask for any kind of security/collateral while applying for a business loan.
Query - What is the maximum and minimum loan tenure for a business loan from Bajaj Finserv?
Reply - You can avail a business loan from Bajaj Finserv for a period of 12 to 48 months.
Query- Will my information is safe online?
Reply- Afinoz.com is one of India’s most committed financial platforms which do not share any of its client data with third-parties other than the concerned financial institution/s. All the data is sent online in an encrypted format making it safe and secure at all times.
Query- How do I repay my Bajaj Finserv business loan?
Reply- You can repay your loan in EMI’s (Equated Monthly Installments) in the form of post-dated cheques or Electronic Clearance Service (ECS) or Direct Debit.
Query- How can I track my loan application?
Reply- You can log onto our website www.afinoz.com with the unique transaction ID provided to you at the time of signup and track your application. You can also track your application process through your registered mobile number and email-ID in real-time.
Query- What is the basis on which the loan limit is decided by Bajaj Finserv?
Reply- Loan amount is mainly decided based on
Your annual income/earnings
Your credit history
Query-What are the interest rates offered by Bajaj Finserv for a business loan?
Reply- Bajaj Finserv business loan interest rate currently ranges from 16% to 35%
For any query about Bajaj Finserv business loan application, you can log on to afinoz.com or give us a call at +918795021552 or mail us at email@example.com.