Bajaj Finserv collateral-free business loans helps in boosting SME growth

Patna, May 28, 2018: Bajaj
Finserv, through its lending arm, Bajaj Finance Ltd., is offering collateral
free business loans to help SME’s meet their financial requirements. Most of
the small-scale business owners aren’t able to realise the expansion
opportunities for their business due to the absence
of collateral to avail funding.
Collateral Free business loans
from Bajaj Finserv give them the opportunity to maximize their growth
potential. The collateral free loans have been designed to help small-scale business owners meet their urgent
financial requirements and actualise their potential. These loans can be used
by the borrower for any purpose they desire.
Some of the salient features
of these industry-friendly loans from Bajaj Finserv are: –
up to Rs. 30 Lakhs –
Customers can avail up to Rs. 30 Lakhs as
collateral free business loans depending on their financial requirements.
in Repayment –
These loans from Bajaj are powered by Flexi
Loan feature, wherein the customers can borrow according to their needs and
repay according to their cash flows.
Tenors –
These loans are available for a repayment tenure up to 8 years,
with great flexibility offered in
repayment terms where only interest can be repaid as the EMI and principal to
be paid as a lump sum at the end of the tenure.
Documentation –
These loans are approved at a quick speed and
require only basic KYC and financial documents.
Access –
Customers can exercise complete control over their loan including
repayment over the Experia portal.
With small-scale businesses being touted as the engines of growth for the
Indian economy, these collateral free
loans from Bajaj will help these businesses realise their full potential.
About Bajaj Finance

Bajaj Finance Limited, the lending and investment arm of Bajaj Finserv
group, is one of the most diversified NBFCs in the Indian market catering to
more than 21 million customers across the country. Headquartered in Pune, the
company’s product offering includes Consumer Durable Loans, Lifestyle Finance,
Personal Loans, Loan against Property, Small Business Loans, Home Loans, Credit
Cards, Two-wheeler and Three-wheeler Loans, Construction Equipment Loans, Loan
against Securities and Rural Finance which includes Gold Loans and Vehicle
Re-Financing Loans. Bajaj Finance Limited prides itself on holding the highest
credit rating of FAAA/Stable for any NBFC in the country today.
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