# Bajaj Finance business loans > Bajaj Finance is on Recur Club's lender panel, writing dropline overdraft, loan against property, machinery loan and 4 other products. Observed tickets run ₹10 lakh to ₹15 cr, priced between 10% and 19%. Median turnaround from application to disbursal is about 9 days. Source: https://www.recurclub.com/lenders/bajaj-finance Last updated: 2026-09-29 ## Products and indicative terms Observed on live transactions. Not an offer or a quote. | Product | Ticket | Rate | Tenure | |---|---|---|---| | Machinery Loan | ₹15 cr | 10% | 48 mo | | Dropline Overdraft | ₹0.3 cr | 17–18% | 24 mo | | Unsecured Business Loan | ₹0.1–0.5 cr | 16–19% | 24–84 mo | Also offered, with no terms observed yet: Loan Against Property, Purchase Invoice Discounting, Secured Term Loan, Working Capital Demand Loan. ## Eligibility - Bajaj Finance Limited ### Screening gates and observed behaviour - Borrower: CIBIL ≥650 · age ≥2y (varies by product) · avoid: Lottery Business, Gambling and Betting, Engineering, Procurement, and Construction (EPC), Real Estate (asset Light), Banking, Insurance, Real Estate (non asset Light), Trading, Education and Training (varies by product) · pan-India · sector-agnostic (41 sectors — full list in data JSON) (varies by product) · Private Limited, Public, Sole proprietorship, Limited Liability Partner (varies by product) - Financials: EBITDA ≥₹1cr · rev ≥₹50cr (varies by product) · TOL/adjusted tangible net worth ≤5 · debt/EBITDA ≤4 · maximum annualrevenue: 5000 (varies by product) · debt/networth ≤4 · DSCR ≥1 - Deal: rate 9–15% (range across products — see matrix) · ticket ₹3–250cr (range across products — see matrix) · tenure 12–120mo (range across products — see matrix) · no PEP - Security (observed): Personal Guarantee Of Promoters / Directors / Property Owner (100%) - median ticket ₹15cr - median rate 12% - median turnaround 41d - Security asked in : 1st/pari-passu charge on current assets (×5), Personal Guarantee Of Promoters/Directors (×5), Personal Guarantee Of Promoters / Directors / Property Owner (×5), 1st charge on immovable assets (×4) - Security asked in 2026: Personal Guarantee Of Promoters / Directors / Property Owner (×20), FD margin 10–15% (×9), 1st charge on immovable assets (×8), 1st/pari-passu charge on current assets (×7) - share → in-principle approval (initial interest): ≈19d - in-principle approval → sanction (underwriting): ≈22d - sanction → disburse (closing): ≈0d ## Eligibility - BAJAJ FINSERV LIMITED ### Will not fund - Declined the case citing losses in the company for FY23, FY24, and FY25 - "Can't process the captioned case ... Nil eligibility in system ... Kindly avoid" — declined for an MSME8 corrugated-box manufacturing profile with POS ≈4.6L - Can't process the captioned MSME case — Nil eligibility in system, app already taken with >2 USL in last 6 months, Overall CIBIL POS ₹1.41 Cr against BTO ₹6.54 Cr, Obligation to BTO almost 20% (actual 19.43%), high enquiries seen in last 6 months >30+ — kindly avoid - Startups have to be profitable and not cash-burning companies - Case not doable — per policy, e-Mitra/NTS profile businesses are not allowed - Lender stated over a call that the case is not doable due to the borrower's profile - Asked team to avoid processing the case due to concerns raised on it - Case reasoning for decline: MSME 10 with no eligibility, customer has taken 7 unsecured loans in the last 6 months and has 33 credit enquiries in the last 6 months - We can't proceed this case - logged in same month, MSME 10 with no eligibility, customer has taken 7 unsecured loans in the last 6 months and has 33 credit enquiries in the last 6 months - Case not doable - there is a written-off and settlement with Bajaj - Can't proceed this case - it's MSME 9 category with no eligibility - Can't proceed - customer doesn't have his own house - Bajaj doesn't do cases involving foreign entity shareholding. - Bajaj doesn't consider cases where a major shareholder resides outside India. - "Can't process the captioned case ... Nil eligibility in system ... Kindly avoid" — declined for an MSME8 corrugated-box manufacturing profile with POS ≈4.6L (×1 · latest ) - Can't process caption case — already rejected in the month of April 2026 (×1 · latest ) - Can't process the captioned MSME case — Nil eligibility in system, app already taken with >2 USL in last 6 months, Overall CIBIL POS ₹1.41 Cr against BTO ₹6.54 Cr, Obligation to BTO almost 20% (actual 19.43%), high enquiries seen in last 6 months >30+ — kindly avoid (×1 · latest ) - Declined the case citing losses in the company for FY23, FY24, and FY25 (×1 · latest ) - Startups have to be profitable and not cash-burning companies (×1 · latest ) ### Prefers - Primary focus is secured lending (LAS and LAP), not unsecured loans - LAS lending mostly focused on Category A companies with high liquidity - Lender requires minimum 0.5%+GST insurance to be maintained - Bajaj previously funded a related party entity; lender needs to clarify whether funding this related-party case is doable - Approved cases move to credit queue, and the customer receives a telephonic PD (personal discussion) call from credit - …more in playbook - Primary focus is secured lending (LAS and LAP), not unsecured loans - LAS lending mostly focused on Category A companies with high liquidity ### Screening gates and observed behaviour - Borrower: max nach cheque bounces l6 m: 1 (dropline overdraft, unsecured business loan only) · age ≥3y (dropline overdraft, unsecured business loan only) · CIBIL ≥685 (cohort ≈752.5) (unsecured business loan) · CIBIL ≥685 (dropline overdraft) · CIBIL ≥650 (loan against property, loan against securities, secured term loan, working capital demand loan) · maximum companyage: 50 (dropline overdraft, unsecured business loan only) · max ongoing ubl count: 3 (dropline overdraft, unsecured business loan only) · max new ubl l3 m: 3 (dropline overdraft, unsecured business loan only) · avg bank balance: 0.01 (dropline overdraft, unsecured business loan only) · max nach cheque bounces l3 m: 0 (dropline overdraft, unsecured business loan only) · max usl pos to turnover ratio: 35 (dropline overdraft, unsecured business loan only) · Private Limited, Sole proprietorship, Limited Liability Partner (varies by product) · avoid: Gems and Jewellery, Ports, Infrastructure, Lottery Business, Gambling and Betting, Engineering, Procurement, and Construction (EPC) (varies by product) · Delhi (varies by product) · sector-agnostic (42 sectors — full list in data JSON) (varies by product) - Financials: rev ≥₹1cr (cohort ≈7) (unsecured business loan) · rev ≥₹1cr (dropline overdraft) · rev ≥₹150cr (loan against property, loan against securities, secured term loan, working capital demand loan) · maximum annualrevenue: 200 (dropline overdraft, unsecured business loan) · maximum annualrevenue: 5000 (loan against property, loan against securities, secured term loan, working capital demand loan) · EBITDA ≥₹1cr (varies by product) · TOL/adjusted tangible net worth ≤5 (varies by product) · debt/EBITDA ≤4 (varies by product) · debt/networth ≤4 (varies by product) · DSCR ≥1 (varies by product) - Deal: rate 9.5–25% (range across products — see matrix) · ticket ₹0–250cr (range across products — see matrix) · tenure 12–120mo (range across products — see matrix) · no PEP - Security (observed): Personal Guarantee Of Promoters / Directors / Property Owner (100%) - median ticket ₹0.5cr - median rate 18% - median turnaround 9d - Security asked in : Personal Guarantee Of Promoters/Directors (×4), Personal Guarantee Of Promoters / Directors / Property Owner (×3), FD margin 5–10% (×1), Fixed Deposit <5% (×1) - Security asked in 2026: Personal Guarantee Of Promoters / Directors / Property Owner (×12), 1st charge on immovable assets (×1), 1st/pari-passu charge on current assets (×1), No Security (×1) - share → in-principle approval (initial interest): ≈4d - in-principle approval → sanction (underwriting): ≈0d - sanction → disburse (closing): ≈2d ## Eligibility - BAJAJ HOUSING FINANCE LIMITED ### Screening gates and observed behaviour - Borrower: CIBIL ≥650 - Financials: TOL/adjusted tangible net worth ≤5 · debt/EBITDA ≤4 · debt/networth ≤4 · DSCR ≥1 - Security (observed): 1st charge on immovable assets (100%) · Personal Guarantee Of Promoters/Directors (100%) · Escrow Of Cashflows (100%) - Security asked in : 1st charge on immovable assets (×1), Personal Guarantee Of Promoters/Directors (×1), Escrow Of Cashflows (×1) ## Sanctioned terms (from 55 real sanction letters) ### Sanctioned amount: median ₹42L (₹5L–₹144.7 cr) · NEW ×14 · ENHANCEMENT ×6 · RENEWAL ×3 - median ₹42L (₹5L–₹144.7 cr) · NEW ×14 · ENHANCEMENT ×6 · RENEWAL ×3 ### Typical security: Current Assets ×6, Current assets ×2, Cash reserve (DSRA) ×2, Fixed Deposit ×2, Plant & Machinery ×2, Movable Fixed Assets ×1 - Current Assets ×6, Current assets ×2, Cash reserve (DSRA) ×2, Fixed Deposit ×2, Plant & Machinery ×2, Movable Fixed Assets ×1 ### Typical covenants: - Other standing covenants — 49% of letters (e.g. "Borrower shall submit updated KYC documents to the Lender within 30 days of any change/update.") - Other standing covenants — 49% of letters (e.g. "Borrower shall submit updated KYC documents to the Lender within 30 days of any change/update.") ### Term sheet by ticket size: (facilities, largest first) - (facilities, largest first) ## Sanctioned terms (from 4 real sanction letters) ### Sanctioned amount: median ₹29L (₹25L–₹30L) - median ₹29L (₹25L–₹30L) ### Term sheet by ticket size: (facilities, largest first) - (facilities, largest first) ## Common questions ### What does Bajaj Finance lend? Bajaj Finance writes dropline overdraft, loan against property, machinery loan, purchase invoice discounting, secured term loan, unsecured business loan and 1 further products. Across those, observed facilities run ₹10 lakh to ₹15 cr. ### What ticket size does Bajaj Finance offer? Facilities observed on live transactions run from ₹10 lakh to ₹15 cr. The band differs by product, so the figure that applies to you depends on which facility you are asking for. ### What rate does Bajaj Finance charge? Rates observed on live transactions fall between 10% and 19% a year. Tenures run 24 to 84 months. These are observed figures, not a quote, and the rate you are offered depends on your file. ### How long does Bajaj Finance take to disburse? About 9 days from application to disbursal at the median, where the file is complete. Missing financials, unresolved security or a pending no-objection from an existing lender are what usually stretch it. ### What are Bajaj Finance's eligibility criteria? The first screen is the bureau: a borrower CIBIL of at least 650. Revenue, leverage and debt-service thresholds apply on top and vary by product. The full credit box for each product is set out on this page. --- Check which lenders fund a business like yours: https://www.recurclub.com/recur-market All lenders: https://www.recurclub.com/lenders Lender intelligence dossier - screening gates, per-product terms and sanction observations, derived from lender policy documents and observed transactions. Figures are observed from a sample and are not an offer, a commitment, or a statement of Bajaj Finance's current policy.