MODERN EQUIPMENT
Machinery purchase is one of the highest costs associated with an expanding business. To ramp up production, you need more equipment and additional employees to operate it. Together, this can cost you up to tens of lakhs a month.
NEW TECHNOLOGY
Keep up with the ever-changing demands of customers with fresh offerings and new solutions. Invest in technological upgrades for your existing systems to improve product quality, or try a new way of production that doubles your output.
BETTER PRODUCTIVITY
Invest in the right tools to help your employees reach higher goals. Buy the latest equipment for faster production, send your employees for courses to upgrade their skills, and buy goal-tracking software.
Frequently asked questions
A business loan is a financial offering that can help you meet your planned and unplanned business expenses. It is a kind of unsecured financing, and you can avail of one without providing any collateral.
You can get a business loan of up to Rs. 80 lakh from Bajaj Finserv by fulfilling the easy-to-meet eligibility criteria. Once your application is approved, you can get the loan amount in your bank account within 48 hours*.
*Terms and conditions apply
Business entities such as proprietary concerns, partnership firms, private limited companies, self-employed professionals, and self-employed non-professionals can apply for a Bajaj Finserv Business Loan. All applicants are required to fulfil the eligibility criteria and submit their relevant documents.
Bajaj Finserv considers a CIBIL score of 685 or above as a good credit score. A strong business turnover and having all your documents in check also reflect positively on your profile.
You can use a business loan to manage your venture’s planned and unplanned expenses. From leasing a larger office premise to renovating your workspace, you can use it for various purposes. You can even purchase, lease, or repair machinery or upgrade old technology to bring in a more efficient and smoother way of working. Stocking up inventory, purchasing raw materials in bulk, or expanding your operations are some other end-uses of a business loan.
Applying for a business loan from Bajaj Finserv is easy. Start by clicking on the ‘Apply’ button on this page and open the online application form. Enter your basic details and verify your profile with the OTP that is sent to your phone.
Share the basic details of your business and gather your business documents. A representative from Bajaj Finserv will contact you with the next steps. Once your loan application is approved, you can get money in your account within 48 hours*.
*Terms and conditions apply
To get a business loan from Bajaj Finserv, you must own a business that has been operational for a minimum of 3 years. You are also required to have filed your income tax returns for at least one year.
