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Business Loan in Chennai

Do you own a business in chennai that is in need of funds for expansion? Or do you have a big business in chennai order in hand and require funds for some working capital in chennai?

If you can relate to any of the above situations, then a Business Loan in chennai is the right solution for you. Our team of dedicated professionals in Chennai helps you determine your requirements, especially for small businesses loan in chennai; and you can get started within the shortest possible time.



  • Minimum age of applicant:25 years
  • Maximum age of applicant at loan maturity:65 years
  • Who can apply:Resident Indian
  • Minimum Net Profit:Rs. 2 lakhs
  • Minimum Turn Over:Rs. 40 lakhs
  • Employment Type:Self-employed business/professional
  • Total years in Business:Minimum 3 years
  • *These are general terms only. Policy norms vary from bank to bank and customer to customer.

    FEATURES & BENEFITS business loan in chennai

  • Loans up to Rs. 10 Lakhs
  • Simple documentation
  • Attractive interest rates
  • No guarantor/security required
  • Special offer for self employed Doctors
  • ELIGIBILITY & DOCUMENTATION BUSINESS LOAN IN CHENNAI

  • Individual ID proof:PAN Card, Passport, Driving License, Voter ID, Aadhar Card, Ration Card.
  • Signature Proof:PAN Card, Passport, Driving License, Bank Verification form.
  • Address Proof:Passport, Driving License, Voter ID, Aadhar Card, Mobile/Land line Bill, Rental Agreement, Ration Card, Gas Bond with Bill, Sale Deed,
  • Property Tax, Electricity Bill, Aadhar Card.
  • Own House Proof:Sale Deed, Property Tax, Electricity Bill.
  • LandLine/Post Paid Mobile Bill:Mandatory.
  • Office Address Proof:Telephone Bill, VAT Balance Sheet with Schedules, Current A/C Statement, Rental Agreement, Electricity Bill(if office own),
  • Property Tax, Sale Deed.
  • Company 3 years ITR's:Saral Copy, Computation of Income, Profit and Loss Account, Balance Sheet with Schedules.
  • Bank Statement:6 Months Savings and Current Bank Statement.
  • If turn over above 1 crore:Form no. 3CB, 3CD Required.
  • Proprietorship Firm:Business Registration certificate,Business Continuity Proof,All Existing Loan Tracks,OD/CC Sanction Letter
  • Partnership Firm:All Directors KYC,Company PAN Card,Individual ITR's,Patnership Deed,Provisional or VAT return copies along with VAT certificate copy,All Existing Loan Tracks,OD/CC Sanction Letter
  • Private Limited:All Directors KYC,Company PAN Card,Individual ITR's ,MOA or AOA,Share holding Pattern,Board Resolution
  • Signed Application form With Photograph:Two Photographs.
  • BUSINESS LOAN IN CHENNAI Made Simple

    Looking for a Collateral free business loan for your business in chennai?

    Collateral Free business Loans for a wide range of Business purposes

    • Business Loans without any primary or collateral security requirements
    • Business Loan - Rs. 7 lakhs to 2 Crores
    • Business Loan Tenure - 12 to 48 months

    Eligibility Criteria

  • At least five years of operations for the business in chennai
  • Minimum turnover of Rs. 40 lacs in the manufacturing and trading industries, and Rs.15 lacs in the service industry.
  • Cash profit for the previous two years.
  • Unsecured Business Loans in Chennai upto 7.5 Lakhs for Micro business loan SME Enterprises in chennai

  • Loans without any primary or collateral security requirements.
  • Business Loan - Rs. 3 lakhs to 10 lakhs.
  • Business Loan Tenure - 12 to 36 months
  • Business loan in Chennai Eligibility Criteria

  • At least three years of business operations in chennai
  • Simple documentation requirements
  • Positive business net worth in Chennai

  • Larger credit lines Business loan in Chennai

  • The turnover of company should be above 5 Crs and less than 300 CRs.
  • The corporate must be making profits in the last 3 years of its existence.
  • Should have maintained accounts as per the accounting standards.
  • Should have a clean track record.
  • What do we address:-

  • Working Capital Requirements
  • Overdraft Account,
  • Cash Credit Facility & Term Loans.
  • We also assist in Bill Discounting

  • Invoice Discounting,
  • Purchase Order Financing,
  • Letter of Credits/Bank Guarantees
  • Self Employed Doctors business loan in Chennai

    Zero Collateral business Loans upto Rs. 30 Lakhs for Self Employed Doctors and Clinics/Nursing Homes/Hospitals

  • Business Loans in Chennai with no primary or collateral security requirements
  • Business Loan in chennai - Rs. 2 lakhs to 30 lakhs
  • Business loan in Chennai Tenure - 12 to 60 months
  • Business loan in Chennai Eligibility Criteria

  • At least 4 years basis Certificate of Practice
  • Minimum age 25 years and maximum age 65 years at loan maturity
  • Positive net worth in last 2 years
  • We also specialize in Export Packing Credits and other export assisting financial requirements

    What are docs required for business loans are follows:-

    • Last 3 years Balance sheet, Current year provisional balance sheet and next years projected.
    • If the company has already availed OD and/or Term Loan, then the last 6 months statement of OD and Term loan is required. If the corporate has not availed any such business loans in the past, then the current account bank statement is required.
    • Details of the property, land which they wish to provide as Security etc. are also required.

    Self Employed Doctors business loan in Chennai

    Zero Collateral business Loans upto Rs. 30 Lakhs for Self Employed Doctors and Clinics/Nursing Homes/Hospitals

  • Business Loans in Chennai with no primary or collateral security requirements
  • Business Loan in chennai - Rs. 2 lakhs to 30 lakhs
  • Business loan in Chennai Tenure - 12 to 60 months
  • Business loan in Chennai Eligibility Criteria

  • At least 4 years basis Certificate of Practice
  • Minimum age 25 years and maximum age 65 years at loan maturity
  • Positive net worth in last 2 years

  • Business Loan in Chennai Features and Benefits

    We deploy technology and apply innovation to create unique and compelling propositions that help you do what you always wanted to do. Hereunder are a host of unique features and benefits that you enjoy with Business Loans in Chennai. Most of these features are industry firsts and come only with our portfolio of offerings. Read on to know more:s

    Business Loan in Chennai Loans up to 45 lacs

    We offer the highest ticket size of up to 45 lacs as Business Loan in chennai so that you can pursue your ambitions for your business. This is the highest ticket size that anyone offers in this category.

    No Guarantors. No Collateral for Business Loan in chennai

    You don't need to provide any Guarantors or give any collateral to avail our Business Loans in chennai.

    Prompt Repayment Benefit for Business Loan in chennai

    Get rewarded for keeping your commitments. Enjoy the exclusive Prompt Repayment benefit for paying your EMIs on time. If you clear your first 12 EMIs without any delays, you will get 1% of the annualized interest amount paid back to you. This facility will be available for the entire period of your loan tenor and will be paid at the end of every 12 months, subject to your EMIs paid on time.

    Preapproved Offers Business Loan in chennai

    As an existing customer, you get exclusive preapproved offers from time to time.

    Eligibility and Documents Business Loan in chennai

    You could avail our Business Loan in Chennai if you are any one of the following

    Part Prepayment facility for Business Loan in chennai

    You can prepay upto 6 times in a calendar year at any interval with the minimum amount per prepay transaction being not less than 3 EMIs. There is no limit on the maximum amount. This is subject to your clearing your first EMI.

    Nil Foreclosure charges for Business Loan in chennai

    Now you can choose to foreclose your loan anytime during your loan tenor without paying any foreclosure charges.

    Doctors in chennai

    Limited or Private Limited companies Partnership or Proprietorship Firm Chartered Accountant


    Documents for Business Loan in chennai

    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
    Business Proof Certificate of Practice MOA, AOA/ Partnership Deed/ Shop Act License

    Facility Against Credit Card Receivables

    With Facility against Credit Card receivables, a merchant outlet with a POS machine can avail of either a Business Loan or an Overdraft Facility on the basis of the yearly sales that takes place on the credit card POS machine. Business loan of up to Rs. 3 crores can be availed.

    • Features & Benefits
    • Eligibility
    • Documentation
    • Apply Online
      • Higher eligibility for Self Employed
      • Loan amounts up to Rs. 3 crores
      • Flexibility of combining Loan and Overdraft
      • Lower Processing Fees
      • Easy repayment option
      • Collateral free
      • Competitive interest rates
      • Quick disbursement

    Disclaimers:

    Conditions apply: Credit at the sole discretion of the Bank and subject to guidelines issued by RBI from time to time. Bank may engage the services of marketing agents for the purpose of sourcing loan assets.

    Eligibility for Facility against Credit Card Receivables depends on the following factors:

  • Establishment is a Sole Proprietorship, Partnership, Private Limited Company or Public Limited Company
  • Sales through credit cards is over Rs. 60 lakhs
  • The establishment has had positive profit before tax for the last two (2) years
  • The business has been in existence for three (3) years or more
  • The customer owns the premises from which the business is being conducted
  • Docs-

  • Twelve month audited credit card sales statement.
  • Basic financial documentation.
  • Application form and request for loan letter on the Merchant's letterhead duly stamped and signed.
  • Partnership Deed in case of a partnership firm, Memorandum and Articles of Association with Certificate of Incorporation in case of a Company.
  • Latest Annual Returns, which confirms the list of directors in case of Private and Public Limited companies. Audited credit card sales statement giving monthly break-up for a 12 month period on the Chartered Accountant's (CA) letterhead. The CA auditing this statement should be the statutory auditor of the firm and needs to be the same as that on the latest financials as performed enclosed.
  • Audited financials of the business for the last two financial years. For small merchant establishments that are not required to prepare audited financial statements, Income Tax Returns will be accepted instead. Net worth Statement and 6 months Business Statement.
  • Individual Income Tax Returns of proprietor/ partners/ directors (promoters) for the last year.
  • Copy of proof of identification and proof of address details.

  • ELIGIBILITY & DOCUMENTATION BUSINESS LOAN IN CHENNAI

    Self employed (Professionals) include self - employed Doctors, Chartered Accountants, Architects, Company Secretaries.

    Eligibility Criteria for business loan in chennai

    • Minimum age of applicant: 21 years
    • Maximum age of applicant at loan maturity: 65 years
    • Years in business : Minimum 4 years with atleast 2 years in the same Business
    • Minimum Annual Income: Rs. 1,00,000 p.a. for metropolitan locations & Rs. 75,000 p.a. for other locations.

    Documents required for business loan in chennai

    • Proof of Identity (Passport / Voters ID / Driving Licence/Pan Card)
    • Address Proof (Ration card /Driving Licence/ Voter ID / Utility Bill (any one within last 3months) / Registered Rental Agreement. / Credit Card Statement / Passport / Trade licence /Est./Sales Tax certificate).
    • Date of Birth Proof ( Driving Licence / PAN Card / Passport / Birth Certificate / 10th / 12th marksheet bearing date of birth)
    • Bank Statements (latest 6 months bank statement / passbook)
    • Latest ITR along with computation of income, B/S & P&L a/c for the last 2 yrs. certified by a CA

    Self Employed (Individuals) include self-employed - Sole proprietors, Partners & Directors in the Business of Manufacturing, Trading or Services

    Eligibility Criteria business loan in chennai

    • Minimum age of Applicant: 21 years
    • Maximum age of Applicant at loan maturity: 65 years
    • Years in business: Minimum 4 years with atleast 2 years in the same Business
    • Minimum Annual Income: Rs. 1,00,000/- p.a. for metropolitan locations & Rs. 75,000 p.a. for other locations.

    Documents required business loan in Chennai

    • Proof of Identity (Passport / Voters ID / Driving Licence/Pan Card)
    • Address Proof (Ration card /Driving Licence/ Voter Id / Utility Bill (any one within last 3months) / Registered Rental Agreement. / Credit Card Statement / Passport / Trade Licence /Est./Sales Tax certificate).
    • Date of Birth Proof ( Driving Licence / PAN Card / Passport / Birth Certificate / 10th or 12th marksheet bearing date of birth)
    • Bank Statements(latest 6 months bank statement / passbook)
    • Latest ITR along with computation of income, B/S & P&L a/c for the last 2 yrs. certified by a CA
    • Proof of continuation (Trade licence /Establishment /Sales Tax certificate)
    • Other Mandatory Documents(Sole Prop. Decl. Or Cert. Copy of Partnership Deed,Cert. Copy of MOA, AOA & Board resolution.)

    Self Employed (Pvt Cos and Partnership Firms) include Private Companies and Partnership firms in the Business of Manufacturing, Trading or Services

    Eligibility Criteria for business loan in chennai

    • Years in business: Minimum 4 years seasoning from commencement of business
    • Business must be profit making for the last 2 years
    • Minimum Annual Income: Rs. 100000/- p.a. for Metro Locations & Rs. 75,000/- p.a. for non-metro locations

    Documents required business loan in chennai

    • Address Proof (Utility Bill (any one within last 3months) / Registered Rental Agreement. / Credit Card Statement / Trade licence /Est./Sales Tax certificate).
    • Bank Statements(latest 6 months bank statement /passbook)
    • Latest ITR along with computation of income, B/S & P&L a/c for the last 2 yrs. certified by a CA
    • Proof of continuation (Trade licence /Establishment /Sales Tax certificate/ SSI Registration)
    • Other Mandatory Documents (Sole Prop. Decl. Or Cert. Copy of Partnership Deed, Certified true copy of Memorandum & Articles of Association (certified by Director) & Board resolution (Original).

    • Business Loan in chennai
    • Business Loan in Chennai
      Features and Benefits

      We deploy technology and apply innovation to create unique and compelling propositions that help you do what you always wanted to do. Hereunder are a host of unique features and benefits that you enjoy with Business Loans from Bajaj Finserv Lending in chennai. Most of these features are industry firsts and come only with our portfolio of offerings. Read on to know more:
    • Business Loan in Chennai
      Loans up to 45 lacs

      We offer the highest ticket size of up to 45 lacs as Business Loan in chennai so that you can pursue your ambitions for your business. This is the highest ticket size that anyone offers in this category.

    • No Guarantors. No Collateral for
      Business Loan in chennai

      You don't need to provide any Guarantors or give any collateral to avail our Business Loans in chennai.

    • Nil Foreclosure charges for
      Business Loan in chennai
      Now you can choose to foreclose your loan anytime during your loan tenor without paying any foreclosure charges.
    • Prompt Repayment Benefit for
      Business Loan in chennai
      Get rewarded for keeping your commitments. Enjoy the exclusive Prompt Repayment benefit for paying your EMIs on time. If you clear your first 12 EMIs without any delays, you will get 1% of the annualized interest amount paid back to you. This facility will be available for the entire period of your loan tenor and will be paid at the end of every 12 months, subject to your EMIs paid on time.
    • Preapproved Offers
      Business Loan in chennai
      As an existing customer, you get exclusive preapproved offers from time to time.
    • Part Prepayment facility for
      Business Loan in chennai
      You can prepay upto 6 times in a calendar year at any interval with the minimum amount per prepay transaction being not less than 3 EMIs. There is no limit on the maximum amount. This is subject to your clearing your first EMI.
    • Eligibility and Documents
      Business Loan in chennai
      You could avail our Business Loan in Chennai if you are any one of the following:
    • Doctors in chennaiLimited or Private Limited companies, Partnership or Proprietorship Firm, Chartered Accountant
    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
    Business Proof Certificate of Practice MOA, AOA/ Partnership Deed/ Shop Act License