Home Loan

Home loans are a secured mode of finance that give you the funds to buy or build the home of your choice. The following are the types of home loans available in India:

• Land Purchase Loan
• Home construction loan
• Home Loan Balance Transfer
• Top up loan

Cash Credit (CC)

Cash Credit (CC) is a source of short term finance for businesses and companies. Cash credits are also called working capital loans as they fund the instant cash requirements of the organizations, or to purchase current assets. Borrowing limits on the amount of cash available for credit for the company varies between commercial banks.

Personal Loan(PL)

Most banks offer personal loans to their customers and the money can be used for any expense like paying a bill or purchasing a new television. Generally, these loans are unsecured loans. The lender or the bank needs certain documents like proof of assets, proof on income, etc. before approving the personal loan amount. The borrower must have enough assets or income to repay the loan.

Business Loan(BL)

Another type of unsecured loans, a short-term business loan, can be used to meet various entities and organization expansion and daily expenses.

• Working capital loans
• Machinery loans and equipment finance
• Small business loans for MSMEs
• Loans for women entrepreneurs
• Loans for traders
• Loans for manufacturers
• Loans for service enterprises

Vehicle Loan

A vehicle loan is extended in the form of a two or four-wheeler loan that helps you buy your dream vehicle. Vehicle loans are offered either on the purchase of a new vehicle or a used one. Your credit score, the ratio of debt to income, loan tenor, etc. play a crucial role in determining the loan amount.
With Bajaj Finserv, you can get pre-approved offers on all the loans mentioned above, and there are no queues, forms or details needed.

Gold Loan

A gold loan can be used to raise cash to meet emergency or planned financial requirements, such as business expansion, education, medical emergencies, agricultural expenses, etc. The loan against gold is a secured loan where gold is placed as security or collateral in return for a loan amount that corresponds to the per gram market value of gold on the day that the gold has been pledged. Any other metals, gems, or stones that are in the jewelry will not be calculated when determining the value of the gold loan.