Learn about business loans for jewellery shops, including features, benefits, eligibility, application process, and associated charges.
✓Minimal Documentation ✓Flexible Repayment ✓Collateral Free Loan | Apply for Business Loan Now!
A business loan is a financing solution that supports operational and growth needs, such as inventory purchase, renovations, or equipment upgrades. Jewellery shop owners can use it to manage cash flow during peak seasons or fund long-term goals without depleting savings. With a maximum tenure of up to 96 months and loan amounts of up to ₹50 Lakhs, lenders on Bajaj Markets offer customised options to suit your business needs. Enjoy flexible repayment terms and no end-use restrictions to grow your business effectively.
Features and Benefits of a Business Loan for Jewellery Shop
A business loan for jewellery shops offers tailored financial solutions to address operational and growth needs, including:
High Loan Amounts
Secure funding of up to ₹50 Lakhs to manage expenses like inventory purchases, expanding premises, or upgrading displays.
No Collateral Required
Access financing without pledging assets, keeping your valuables safe while securing the funds you need.
Flexible Repayment Tenure
Enjoy repayment tenures of up to 96 months, allowing you to align payments with your cash flow.
Quick Disbursal
Receive funds within hours or a few business days, depending on the lender’s policies and application completeness.
Minimal Documentation
Apply with ease by submitting only basic KYC and business documents for a seamless process.
Tailored for Jewellery Businesses
Cover specific needs like stocking high-value inventory for festive seasons or upgrading security systems.
Tax Benefits
Save on taxes by claiming deductions on interest paid under Section 36 of the Income Tax Act, 1961.
Interest Rates and Charges for Business Loans for Jewellery Shops
|
Our Partners
|
Minimum Interest Rate
|
Maximum Loan Amount
|
Maximum Loan Tenure
|
|
|---|---|---|---|---|
Ambit Finvest |
20% p.a. |
₹50 Lakhs |
36 months |
|
AYE Finance |
29.50% p.a. |
₹2 Lakhs |
30 months |
|
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Bajaj Finance Limited |
14% p.a. |
₹30 Lakhs |
96 months |
|
FlexiLoans |
18% p.a. |
₹50 Lakhs |
36 months |
|
IIFL Finance |
16.50% p.a. |
₹30 Lakhs |
48 months |
|
InCred |
24% p.a. |
₹3 Lakhs |
60 months |
|
Indifi |
22% p.a. |
₹30 Lakhs |
36 months |
|
KreditBee |
14% p.a. |
₹2 Lakhs |
12 months |
|
Lendingkart |
19.20% p.a. |
₹35 Lakhs |
36 months |
|
Protium |
20.5% p.a. |
₹35 Lakhs |
36 months |
|
Credit Saison |
22% p.a. |
₹10 Lakhs |
36 months |
|
U GRO Capital |
26% p.a. |
₹2 Lakhs |
12 months |
|
To qualify for a business loan on Bajaj Markets, you need to meet the following eligibility criteria:
Must be an Indian citizen with a good CIBIL score
Self-employed professionals, including jewellery shop owners can apply
Open to self-employed and non-professionals
Applicant’s age must be between 21 and 60 years
Partnerships, limited liability partnerships, and private limited companies can apply
Minimum of 1 year in the current business with at least 5 years of total business experience
Annual income (as per ITR) should be at least ₹1.5 Lakhs per annum
When applying for a business loan on Bajaj Markets, ensure you have the following documents ready:
Identity Proof: PAN card, Aadhaar card, passport, driving licence, or Voter’s ID
Address Proof: Aadhaar card, passport, utility bills, or lease agreement
Income Proof: Bank statements for the last 6 months, ITR, and certified financial documents, including income computation, Profit and Loss (P&L) statement, and balance sheet for the past 2 years
- Business Proof: Sole Proprietorship Declaration, authenticated copy of the Partnership Deed, or Certified copy of Memorandum and Articles of Association
Follow these simple steps to apply for a business loan on Bajaj Markets:
Click on the ‘Check Eligibility’ button on the page.
Fill out the online application form with your basic personal details.
Enter the loan amount you require and choose a repayment tenure that suits your business needs.
Submit the completed form for verification.
Frequently Asked Questions
Can I get a business loan for a jewellery shop without collateral?
Yes, unsecured business loans are available for jewellery shops. These loans do not require any collateral but may involve slightly higher interest rates.
What is the minimum and maximum tenure of a business loan for a jewellery shop?
The tenure for a business loan could range from 12 months to 8 years, depending on the lender and the loan amount.
