Take up to Rs 30 lakh loan from Bajaj Finserv
MSMEs are the backbone of the Indian economy. MSME stands for Micro, Small and Medium Enterprises. The MSME sector is the largest source of employment in the country. MSME traders are being encouraged in many ways by the central government and the state government. Micro, small and medium industries sector has a very important contribution in the development of the country. Given the contribution of the small scale sector, non-banking financial companies (NBFCs) in the private sector as well as private sector banks are offering low interest rate business loans.
Take up to Rs 30 lakh loan from MSME Bajaj Finserv
If you want a loan, then tell that you can take a loan of up to Rs 30 lakh from Bajaj Finserv. Bajaj Finserve’s easy and fast MSME loan / SME loan is designed to help the emerging business meet its financial needs in a timely and easy manner. Its maximum amount is 30 lakhs. Explain that you can get MSME loan without any collateral, which means that there is no need to mortgage any asset for financing. With an attractive interest rate, the loan offers a unique flexi loan facility and approval in just 24 hours. Bajaj Finserv is an ideal source of convenient MSME finance for MSME / SME business loan enterprise.
Know what an MSME / SME loan can be used for? Invest in your firm’s infrastructure
Meet the needs of working capital
Install new plants and machines
Pay the overhead
Know the salient features of MSME / SME loan
MSME / SME finance up to Rs 30 lakhs
To meet all your business needs, Rs. Higher loan limit of 30 lakhs.
Fast processing
Collateral-free amount with easy online application process and approval within 24 hours.
Flexi loan facility
Borrow and pre-pay the money according to the rapidly changing needs of your business, as it has become convenient to take an MSME / SME loan from Bajaj Finserv. For example, withdrawing money on your loan multiple times, and paying interest only on the amount used, thus reducing your EMI by 45%.
Minimum documentation
MSME / SME finance has never been easier as you have to give only 2 documents to our representative which they come to your house to collect.
Convenient period
According to your budget, the period is from 12 months to 60 months. Online account handling
Operate your loan account with just a few clicks and access your money easily.
Pre-approved offer
Grow your business by raising money from MSME / SME Bajaj Finserv. Check your pre-approved offers to get a loan without waiting.
FAQs on MSME / SME loans
Which documents are required for SME / MSME loan?
Bajaj Finserv requires very few documents to process your SME / MSME loan.
KYC document
Bank account statement
Proof of business vintage
You may be asked to submit other related documents if required.
Know who are eligible for SME / MSME loan
Applicants who have been in business for at least 3 years can apply for SME / MSME loan. They should be in the age group of 25 to 55 years and must submit IT (Income Tax) returns of at least 1 year of their business.
To get an SME / MSME loan you have to meet the eligibility criteria and your credit score should be minimum 750 and your payment record should not be poor.
Companies, self-employed professionals and self-employed non-professionals such as proprietors, retailers, traders and others can avail SME / MSME loans from Bajaj Finserv.
Bajaj Finserv’s SME / MSME loan interest rates start at 18%. The process of applying for SME / MSME loan is easy.
To apply for SME / MSME loan, fill the online application form.
Submit all relevant documents to complete the process.
In such a situation, get money in the bank within 24 hours.
How to register online in MSME
To run a business whether it is small or big, its registration is mandatory.
If you want to start an MSME business, you can apply for it online.
For MSME registration you have to go to http://udyogaadhaar.gov.in/UA/UAM_Registration.aspx.
Here you will see a small form in which you have to write your Aadhaar number and your name.
After this, click on Generate OTP.
After this, OTP will come on your Aadhaar registered mobile number, which you have to enter in the form.
After this you will be asked some details like personal details, details of your business etc. which you have to fill correctly.
This way you can register for your industry base. After filling the form, you will get an e-receipt, take out the printout and keep it with you.
