Bajaj Finserv Business Loan – Highlights – January 2023
Loan Type | Flexi Hybrid Loan |
Interest Rate | 9.75% to 25% p.a. |
Processing Charges | Up to 2.95% of the sanctioned loan amount (Taxes included) |
Loan Tenure | From 12 months to 96 months |
Loan Amount | Rs. 50,000 – Rs. 50 Lakh |
Collateral/Security/Guarantor | Not required |
EMI Bounce Charges | Rs. 1500 (Inclusive of taxes) |
Document Processing Charges | Rs. 2360 |
Part-Prepayment Charges | 4.72% taxes included on part-payment amount paid |
Foreclosure Charges | 4.72% taxes included |
Penal Interest | 3.50% per month on monthly instalments |
Note: Interest Rates are updated as on January 2023.
Bajaj Finserv offers collateral-free business loans for self-employed professionals, including Chartered Accountants (CAs), Doctors, Company Secretaries, and Architects. Besides Business loans, the NBFC also offers various other credit facilities that include Start-up loans, Working capital loans, MSME loans, Flexi loans, etc. Business loans offered by the NBFC can also be availed by Startups, MSMEs, business owners, retailers, proprietors, traders and manufacturers, service providers, and several other business entities.
Eligibility Criteria
- Age of the Applicant: Minimum: 24 years and Maximum 72 years at time of loan maturity
- Business Vintage: Minimum 3 years
- CIBIL score: 685 or above

Apply for Business Loan @ low interest rate Apply Now
Comparison of Business Loan Interest Rates offered by Top Banks/NBFCs – January 2023
Bank/NBFCs | Interest Rate | |
Axis Bank | 14.95% - 19.20% p.a. | Apply Now |
Bajaj Finserv | 9.75% - 25% p.a. | Apply Now |
Flexiloans | 1% per month onwards | Apply Now |
HDB Financial Services Ltd. | Up to 36% p.a. | Apply Now |
HDFC Bank | 10% - 22.50% p.a. | Apply Now |
IDFC First Bank | 15% p.a. onwards | Apply Now |
Indifi | 1.50% per month onwards | Apply Now |
Kotak Mahindra Bank | 16% - 19.99% p.a. | Apply Now |
Lendingkart | 1% - 2% per month | Apply Now |
Mcapital | 2% per month onwards | Apply Now |
NeoGrowth Finance | 19% - 24% p.a. | Apply Now |
Tata Capital | 12% p.a. onwards | Apply Now |
UGRO Capital | 14.90% p.a. | Apply Now |
Note: Business loan interest rates are updated as on January 2023.
Business Loans for Women Entrepreneurs
Bajaj Finserv offers business loans to women entrepreneurs for amounts up to Rs. 45 lakh to meet their urgent financial requirements. It also offers machinery loans for businessmen to install or upgrade to the latest machinery and equipment. Pre-approved business loans are also available if the applicant applies online. Find below the loan details for women entrepreneurs:
Interest Rate | Depends on business requirements |
Maximum loan amount | Rs. 50 lakh |
Repayment Tenure | From 12 months to 96 months |
Collateral | Not required |
Loan Approval & Disbursal | Within 48 hours |
Documents required | Same as mentioned for SME or business loan |
To check the Bajaj Finserv business loan EMI click on the below button: