Get Quick Business Loan from Bajaj Finserv Without Security

Are you looking for a without security business loan in order to consolidate, expand or streamline your operations? You can try applying for a business loan from Bajaj Finserv. Bajaj Finserv offers convenient repayment options in tandem with competitive rates of interest. A Bajaj Finserv business loan can give a shot in the arm to your business and help you expand your operations while earning greater profits at the same time. Bajaj Finserv also has innovative offerings like Flexi Loans which ensure even more convenience for customers. With a Bajaj Finserv business loan, you can upgrade your equipment, take care of financing for expansion, new projects or simply for consolidation.

The Flexi Loan facility gives you a particular loan limit which is available for a specified time period. This innovative offering helps you save money on interest since you only pay interest on the amount which you utilize. The monthly EMI consists of only the interest and you can repay the principal amount when the loan tenor ends. This helps you save more money and get funding in a flexible manner for meeting sudden and continued expenses. You can get a business loan up to Rs. 30 lakh and the best part is that you do not have to put up any collateral/security to obtain the loan.

A Bajaj Finserv business loan does not come with any collateral requirements which should be a major relief for most customers. You do not have to pledge your business or personal assets in order to get your business loan sanctioned. Zero collateral loans also help you do away with the hassle of getting your assets valued for the consideration of the lender. Funding is swifter with this system and documentation requirements are absolutely minimal, to say the least.

Bajaj Finserv offers various pre-approved offers which come with several benefits like lowered interest rates or even top-up loans. You can apply online for your business loan and you can always access your loan statements anytime and from anywhere with the dedicated customer portal. You can also use the online eligibility and EMI calculators to work out where you stand prior to applying.

The eligibility criteria for a Bajaj Finserv business loan is as follows:

  • Age between 25-55 years
  • Business vintage for at least 3 years
  • CA audited previous year’s turnover
  • IT returns for at least 1 year

Self-employed professionals, partnerships, private limited companies, limited liability partnerships, limited companies, manufacturers, traders, service providers, retailers and proprietors are considered. Self Employed nonprofessionals are also considered along with chartered accountants, allopathic doctors, architects and company secretaries who have their own practices. In case of these profiles, qualification documents have to be submitted as well.

The documents needed include the following:

  • KYC documents
  • Passport size photograph
  • Certificate of business existence/business proof
  • Bank account statements for the last month
  • Necessary financial documents

You can apply online for a business loan, fill in all necessary details and submit the same. Company representatives will contact you with the pre-approved loan offer. You can also text BL to 9773633633. The representatives of the company will contact you and take the process forward thereafter.