Bajaj Finance

Overview

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Bajaj Finserv is the most diversified non-banking entity in the country, financing the widest set of outcomes, supporting customer's biggest pursuits. Bajaj Finserv ltd. is the most popular non-banking financial company in India
A unique offering to our home loan customers who are buying ready to occupy property. While we fund your dream home we also understand that you need to spend on the fixtures and fittings to make the place yours. As a part of the overall package, we offer you a separate amount exclusively for this

Personal Loan

Bajaj Finserv offers a loan for a wedding, a vacation, to fund a special purchase or a loan for medical emergencies or a need of cash. Personal loans only avail to Salaried Professionals, approved online within 5 minutes exclusively.

 

Eligibility Criteria

You are between 21 and 60 years of age. In case you are salaried, you are in a full time job. In case you are self-employed, and should preferably be owning either your office or your place of residence. Minimum turnover and minimum net income criteria may apply. Bajaj Finserv does not specify any particular CIBIL score for being eligible for a personal loan, it is observed that a score of 750 and above is desirable.
 

Documents required

Documents required - Salaried

Filled up loan application form. Passport Size Photo. Copy of Income Tax PAN. Identity Proof - Passport/ Driving License/ Voter ID/ PAN. Residential Address Proof - Leave and License/ Registered Rent Agreement/ Utility Bill (upto 3 months old), Passport. Income Documents - months pay slip, years Form 16, months bank statement showing salary credit and any EMI debit.

Documents required - Self-Employed

Filled up loan application form. 1 Passport Size Photo. Copy of Income Tax PAN. Identity Proof - Passport/ Driving Licence/ Voter ID/ PAN. Residential Address Proof - Leave and License/ Registered Rent Agreement/ Utility Bill (upto 3 months old), Passport. Income Documents - 0 years audited financials, 3 months bank statement. Business proof such as VAT/ service tax registration, incorporation details in case of companies, business address proof

Business Loan

Business loan is an unsecured loan and is provided to individuals and entities that are self-employed. These may include partnership firms, private companies, proprietors and public limited companies. The loan is offered on the basis of the gross turnover and Income Tax Return filed for 2 or 3 years.

A business loan is exclusively designed for business purposes. With this loan, you can lend a sum of money over a few years. The monthly payments and interest rates are fixed over the term. Let us look at some of the benefits of business loan.tely.

 

Key benefits

There are no Guarantors and no Collateral Loans up-to Rs. 30 lacs are offered to new customers as business loan to accomplish ambitions. One can prepay up to 6 times in a calendar year at any interval. The minimum amount per prepay transaction should not be less than 3 EMIs. The maximum amount has no limit. One can foreclose the loan any-time during the loan tenor without paying the foreclosure charges once the First EMI is paid. One get exclusive pre-approved offers from time to time. On line Account Access.

*Conditions Apply

To avail the Bajaj Finserv Business Loan, you must be one of these: Partnership or Proprietorship Firm Limited or Private Limited Company. Chartered Accountant / Self Employed Professional

One can also avail our Doctor Loan exclusively with Bajaj Finserv, if you are either an Individual Practicing Doctor or a Salaried Doctor or a Consulting Doctor.

 

Documents Required

  Professional Businessman
Application form Yes Yes
1 Photograph of Co-Applicant Yes Yes
Income Details IT Returns, Balance Sheet & P/L Account statement for the last 2 years with Annexure IT Returns, Balance Sheet & P/L Account statement for the last 2 years with Annexure
Bank Account Statements For last 3 months For last 3 months
KYC documents of Co-applicant Yes Yes
KYC documents of Co-applicant Yes Yes
Business Proof Certificate of Practice MOA, AOA/ Partnership Deed/ Shop Act License

Loan Against Property

The type of loan which can be availed by a commercial entity or an individual when they keep their residential or commercial property as collateral to a bank is called as Loan against property. This is the secured loan and is one of the easiest loans to get. It involves minimum documentation

 

Key benefits

The minimum loan amount is Rs. 60 Lacs in case of Mumbai and Delhi and Rs. 30 Lacs in other cities. Availability of Part Prepayment facility that allows you to part prepays any amount on your loan. However, each prepay transaction should not be less than the sum of 3 EMIs. There is no limit on the maximum amount. Nil Foreclosure charges where you can choose to foreclose your loan anytime during your loan tenure with no foreclosure charges. You can avail the unique Flexi Saver facility. There is On-line Account Access where you can view all your loan account information.
 

Eligibility Criteria

You should be an Indian Resident. You should be at least 25 years of age when the loan is sanctioned. You should be a self-employed or a salaried professional with a regular source of income.
 

Documents Required

Duly filed Application form and photograph Identity Proof and Address proof IT Returns & Balance Sheet & P/L Account statement for the last 2 years. Proof of Signature Date of Birth Proof Last 2 years Income Tax Returns, Balance Sheet and P/L Account statement Business Continuity Proof for 5 years. Last 6 months Bank Account Statements Incorporation Certificate (in case of firms and companies) Copy of property paper

Home Loan

Bajaj Finserv is the most diversified non-banking entity in the country, financing the widest set of outcomes, supporting customer's biggest pursuits. Bajaj Finserv ltd. is the most popular non-banking financial company in India

A unique offering to our home loan customers who are buying ready to occupy property. While we fund your dream home we also understand that you need to spend on the fixtures and fittings to make the place yours. As a part of the overall package, we offer you a separate amount exclusively for this

 

Key benefits

Offering you home loan accommodation in a customized manner, Kotak Mahindra offers you a hassle-free customer experience. Some of the features of Kotak Mahindra Bank Home Loans are as follows:

Bajaj Finserv offers unique offerings to home loan customers. Not only do they fund your home, they also provide separate amount for fittings and fixtures. Here are the features of Bajaj Finserv Home Loans:

Part payment facility The foreclosure charges are NIL They offer you refinance option You can get all information about the home loan like interest certificate, repayment track etc. through a customer portal
 

Eligibility Criteria

One should be at least 28 years of age One needs to be a salaried individual with a work experience of 5 years or more One can get home loans to upto Rs.70 Lacs in case of Delhi and Mumbai and upto Rs.50 Lacs in Chandigarh

 

Documents Required

Duly filed application form Address proof and identity proof Income details including Profit and Loss Account, Balance Sheet and IT returns Signature Proof Date of Birth Proof Business continuity proof (5 years) Last 6 months Bank Account Statements Partnership Deed Photograph