Bajaj

Bajaj Business Loan

Loan Amount - 1.5 to 30 Lakhs
Location – Maharashtra
Age – 24 to 66 years at loan maturity
Business Vintage - 3 Years, 2 Years with (GST mandatory to be active, only proprietorship firm allowed)
Ownership Proof - To be considered for BFL Location PAN India under - Self, Spouse or Parents Name
Business Proof - GST, SHOP ACT, SSI, FSSAI, SHOP ESTABLISHMENT CERTIFICATE (Gumashta)

Turnover - 1CR Minimum (Loan Max – 16 Lakhs)
Repayment (RTR) - System Automated Program (Loan Max - 12 Lakhs) In this if segment is Normal & Age 5Years

Banking ABB - Minimum 35K ABB to be maintained (6 Months Banking to be Documented) 10 credit/Debit Transactions to be maintained. Loan Max (12 lakhs)
Banking Scorecard – Banking based program where obligation is considered and (CC, OD, Current) All such account can be merged for eligibility. (Loan Max - 30 Lakhs) BTO – 70 Lakhs Min. Savings acc not allowed for assessment
HDFC/ KOTAK/ ICICI Surrogate – Loan Should be of & Lakhs & 1 Month Baking and SOA to be Documented (No Bounces in original Track) (Loan 5 - 25 Lakhs). Multiplier – (12-18 MOB) - 1, (18+ MOB) – 1.2
GST - 6 Months GST Returns (GSTR-1 / GSTR-3) to Be Documented, Annual GST to 50 Lakhs (Loan 3 - 30 Lakhs), BTO > = 80% of GST
BOL Balance Transfer (BT) – BT can be done only for (HDFC, Kotak, Axis, ICICI, SCB, CITI). Sanction Amount of Loan to be BT = Minimum 5 Lakhs. BT Amount = POS of BT Loan Top Amount = Sanction Amount – POS Of BT Loan, Sanction Amount to be considered from BT loan Sanction letter

OD/CC Utilization to be Limited to 98% Max
PAN Card Series – If TO is > 1 CR – All series PAN Card accepted & If TO is < 1 CR – Then A to F Series Accepted
Textile Profile in Surat – Only to be funded if TO > 2 CR
- Recent Disbursement –
1. Banking – No disbursement in 6 Months
2. RTR Program – Super WOW / WOW Segment – No Disbursement in 3 months, WOW Lite / Normal – No Disbursement in 6 Months.
Normal Segment Not Allowed in DOE 3 in RTR
Live UCL Customers - Not to be sourced.
If Risk Segment Wow Lite and Normal – Corp / Gramin Bank Not Allowed (In Banking Program)
Banking Vintage - Minimum 1 Year
Negative Industry - Case deviation taken basis profile and turnover
No 30+ DPD in EMI based Loans in HDFC Surrogate Program NIL Bounce in 12 Months, should never be 0+DPD
MORAT in base loan not allowed in HDFC \ Kotak \ ICICI Surrogate.
Live PLCS Customer - POS to be deducted in Banking Scorecard and HDFC \ Kotak \ ICICI Surrogate.
Restaurant profiles – Can be funded in ABB and Banking Scorecard
Live BFL Loan with 12 MOB can be funded after deduction of POS.