Micro - Finance

Specially made for women
with low income

Documents Required

Keep these documents ready when applying for loan on the baiju portal!

Property Papers

Micro Finance Loan

At Baiju Finance we offer a variety of different micro products tailored to your needs. Our whole model revolved around identifying, creating and vetting a reliable Joint Liability Group and sharing responsibilities for monthly collection across all the members, so the burden of repayments is distributed equally in case of unforeseen lapse in timely repayments. 

M25K - Microfinance Loan of ₹25,000

Specific loans were created for individuals who need ₹25,000 for their financial needs

Product Details

Loan Amount

₹25,000

Loan Term

12 Months 

Interest Rate

Up to 22% Flat OR 39% Reducing

Mandatory Requirements

Compulsory Documents

Aadhar Card

Other Documents

PAN Card or Voter ID (At least one)

Eligibility Criteria

Customer Age

Greater than 21 years and lesser than 60 years at the time of loan application

Minimum Monthly Income

₹10,000

Documents Required

Proof of Residence, KYC Documents

Applicable Charges

Processing fee/origination charges

Upto 5%

Foreclosure charges

Nil

Additional interest on late EMI

N/A in JLG

Per EMI bounce charge

N/A in JLG

Legal/incidental charges

At Actual

Loan cancellation charges

Nil

M30K - Microfinance Loan of ₹30,000

Specific loans were created for individuals who need ₹30,000 for their financial needs

Product Details

Loan Amount

₹30,000

Loan Term

12 Months 

Interest Rate

Up to 22% Flat OR 39% Reducing

Mandatory Requirements

Compulsory Documents

Aadhar Card

Other Documents

PAN Card or Voter ID (At least one)

Eligibility Criteria

Customer Age

Greater than 21 years and lesser than 60 years at the time of loan application

Minimum Monthly Income

₹10,000

Documents Required

Proof of Residence, KYC Documents

Applicable Charges

Processing fee/origination charges

Upto 5%

Foreclosure charges

Nil

Additional interest on late EMI

N/A in JLG

Per EMI bounce charge

N/A in JLG

Legal/incidental charges

At Actual

Loan cancellation charges

Nil

M40K - Microfinance Loan of ₹40,000

Specific loans were created for individuals who need ₹40,000 for their financial needs

Product Details

Loan Amount

₹40,000

Loan Term

24 Months 

Interest Rate

Up to 22% Flat OR 39% Reducing

Mandatory Requirements

Compulsory Documents

Aadhar Card

Other Documents

PAN Card or Voter ID (At least one)

Eligibility Criteria

Customer Age

Greater than 21 years and lesser than 60 years at the time of loan application

Minimum Monthly Income

₹10,000

Documents Required

Proof of Residence, KYC Documents

Applicable Charges

Processing fee/origination charges

Upto 5%

Foreclosure charges

Nil

Additional interest on late EMI

N/A in JLG

Per EMI bounce charge

N/A in JLG

Legal/incidental charges

At Actual

Loan cancellation charges

Nil

M50K - Microfinance Loan of ₹50,000

Specific loans were created for individuals who need ₹50,000 for their financial needs

Product Details

Loan Amount

₹50,000

Loan Term

24 Months 

Interest Rate

Up to 22% Flat OR 39% Reducing

Mandatory Requirements

Compulsory Documents

Aadhar Card

Other Documents

PAN Card or Voter ID (At least one)

Eligibility Criteria

Customer Age

Greater than 21 years and lesser than 60 years at the time of loan application

Minimum Monthly Income

₹10,000

Documents Required

Proof of Residence, KYC Documents

Applicable Charges

Processing fee/origination charges

Upto 5%

Foreclosure charges

Nil

Additional interest on late EMI

N/A in JLG

Per EMI bounce charge

N/A in JLG

Legal/incidental charges

At Actual

Loan cancellation charges

Nil

Step 1

Enter Personal Details

Enter your Personal Details like Legal name, phone, PAN Number, etc for verification

Step 2

Upload Documents

Easily upload the required documents on the Baijufinance portal for our team to refer

Step 3

Get Approved by our Team

Leave it up to our team to handle the nitty-gritty of the financial system while we help you get your desired amount

Step 4

Get money in your account!

After approval get your desired amount disbursed into your account instantly!

More than 4 years of experience

At Baiju Finance we persevere to fulfill your financial requirements in your times of need. Whether it be a personal loan, finances to get a used car or money you need for your business/startup. We help you get funds at the most competitive interest rates and in the shortest amount of time out of any NBFC lender in our financial industry

Leave all the complicated stuff to us. Upload your documents and get verified with our all-online platform.

 

Loans

We specialize in a wide array of loans ranging from small personal loans, to sizeable business loan

Customer Oriented

Our team of financial professionals not only helps you with the details for application but also answers any technical doubts for your peace of mind

Experience

With more than 4 years of experience in the industry, when you opt for baijufinance, you can rest assured that you’re opting for the best

Insurance

Baijufinance does not only help you acquire loans but also provides a platform to acquire insurance from our lending partners

Straightforward

With one of the easiest application processes in the NBFC sector, Baijufinance promises to provide a smooth experience in your times of need

The old Fashioned way

We don’t only provide our online platform, but also the service to meet and talk to our financial experts, so you can resolve any and all doubts before opting for our financial service.

Have more questions? Schedule an appointment or call us now!