Here are a few factors

Rating 4.6 /
Total - 374 ratings
Location PAN India
CIBIL Score 700+
Processing Online
Business Vintage 3 Year
Minimum Turnover 1 Cr+
Loan Amount & Tenure 5 Lac-50 Lac( 12 month to 60 Month)
Loan Product Term Loan & OD Product
Rate of Interest & Type 17% to 20% (Reducing)
TAT Sanction-1 Days, Disbursement-3 Days
Processing Fees 1.75%-3%
Foreclosure Charges 4%
Applicant Type Any Self Employed Person
Whether Co-Applicant Mandatory Yes if Applicant is Other than Proprietorship Firm or if applicant age is< 30 year
Proprietor Age/Co-Applicant Age 24 Year- 65 Year(at the time of maturity)
Part Payment Allowed No
Whether Ownership Proof Required Either Office or Residence must be Own
Business Registration Proof Mandatory Yes
Program GST Program-35 Lac, ABB Program-30 Lac, Income Program-50 Lac
Product for Professionals 1.MBBS & MD-COP Base Product (ROI 12%to 14%), Chartered Accountant-COP base
Product (ROI 14% to 16%)
Negative Profile Both SIde Rented, Jewellers, Share Traders, Gym,Hotel & Restaurent,Aviation Sector
USP Sanction in 24 hours

1.Minimum 51% Shareholding required on Loan if applicant is LLP/Partnership firm/Company

2. Textile industry,Civil Contractor, Coal Industry & Manpower Industry is catious profile

Right Documents - Easy Process

Required Documents To Apply For Bajaj Finserv Business Loan

Documents Required

  • KYC of applicant & Co-Applicant
  • Last 3 year ITR with computation of income of applicant & co-applicant
  • Last 3 year audited balance sheet of applicant
  • Last 3 year Tax audit report of applicant
  • Last 12 month Bank Statement of applicant & co-applicant
  • 26AS of last 2 year of applicant & co-applicant
  • Copy of GST registration
  • Copy of MSME registration
  • Copy of Last 12 month GST return
  • Sanction letter of all running loan
  • Debt Sheet
  • Latest utility Bill of residence if owned or rent agreement if rented
  • Latest utility Bill of Office if owned or rent agreement if rented
  • 2 Reference with contact details
  • Last 3 year Debtors & Creditors on letter head
  • List of Directors & Shareholders, if applicant if Company or List of Partners if applicant is Partnership firm/LLP

Note : Bajaj Finserv Business Loan may ask for additional documents based on the applicant’s profile. The above list is for reference purposes only.

Some Important Points

1. KYC Means
If Applicant is
  • Company-MOA, AOA, COI , PAN Card
  • Partnership Firm/LLP- Partnership Deed & PAN Card
  • Proprietorship Firm- PAN Card, Adhaar Card, Passport size photo
For Co-Applicant
  • KYC means  Adhaar Card, PAN Card, Passport Size Photo
Co-Applicant means in case of
  • Company : Directors
  • Partnership firm/LLP : Partners
  • Proprietorship Firm : Spouse of Proprietor
2. If applicant is professional, then his professional degree is required

About Bajaj Finserv Business Loan

A business loan is a type of financial offering made by a bank to a customer for them to meet their planned or unplanned business needs and expenses. This is an unsecured loan that you can apply for without putting up any collateral. So, these days, Bajaj Finserv has been one of the great banks that has been offering business loans to its customers at lower interest rates. The most important benefit of availing of a business loan from Bajaj Finserv is that they give the loan approval in just 24 hours.

Visit Our Website

For the first step, you will have to visit our website to explore the loan options that fit your needs.

Select and Apply

Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.

Submit Your Document

One of the most important steps. Now you will have to submit all the required documents digitally.

Enjoy Your Financial Freedom!

Once your application is approved based on your eligibility, you will receive your loan amount shortly.

Leave Your Question


Yes, submitting income tax documents increases the chances of getting loan approval and even getting a higher loan amount.

The minimum CIBIL score should be greater than 700.

Yes, if the customer does not require the loan anymore, he or she can cancel the loan application without any penalty fees by just visiting their nearest bank branch.

You can visit the Bajaj Finserv website and check the status there.

Bajaj Finserv offers the following products for both salaried and self-employed individuals: Flexi loans Working capital finance Doctors' loans