Latest news with #BajajFinanceLimited
Business Insider
6 days ago
- Business
- Business Insider
Bernstein Sticks to Their Sell Rating for Bajaj Finance Limited (BAJFINANCE)
In a report released today, Pranav Dheeeraj Gundlapalle from Bernstein maintained a Sell rating on Bajaj Finance Limited, with a price target of INR640.00. The company's shares closed today at INR913.75. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Dheeeraj Gundlapalle is a 3-star analyst with an average return of 9.2% and a 63.64% success rate. In addition to Bernstein, Bajaj Finance Limited also received a Sell from UBS's Alok Srivastava in a report issued today. However, on the same day, Investec maintained a Hold rating on Bajaj Finance Limited (NSE: BAJFINANCE).
Business Standard
09-07-2025
- Business
- Business Standard
How to get a ₹5 Lakh Business Loan in India?
A ₹5 Lakhs business loan offers small enterprises essential capital for growth and operations. Many entrepreneurs choose this amount to balance needs and affordability. You can apply for a business loan digitally. Lenders such as Bajaj Finance Limited and IIFL Finance offer fast disbursals and flexible terms. Why Choose a ₹5 Lakh Loan A ₹5 Lakh business loan strikes a practical balance for many small entrepreneurs. This amount often covers immediate needs without overburdening repayment. Read on. Ideal scale for growth ₹ 5 Lakhs is substantial enough for working capital, inventory, or equipment. IIFL Finance notes financing this amount supports market expansion and machinery purchase. Affordable repayment Loan terms often span 36 months, easing monthly EMI stress. Flexible tenures adapt to cash flow cycles. Collateral-free options Many ₹5 Lakhs business loans require no collateral under CGTMSE or Mudra schemes. This removes barriers for those without major assets. Competitive interest rates Lenders offer rates from mid-teens to mid-20s, depending on credit score and lender. These rates are manageable with stable cash flow. Types of ₹5 Lakh Business Loans Lenders offer various options tailored to different business needs. You can apply for a business loan that suits your repayment capacity and funding purpose. Unsecured Business Loans These do not require any collateral. Lenders assess your credit score, income, and business performance before approval. Secured Business Loans You must pledge an asset such as property, machinery, or stock. This reduces interest rates and improves approval chances. Working Capital Loans Designed to cover daily expenses such as salaries, rent, and vendor payments. These help maintain business continuity during lean periods. Term Loans These are disbursed in full and repaid in monthly instalments. Ideal for planned business expansion or large purchases. Eligibility Criteria Before you apply for a business loan, check if you meet the standard eligibility criteria. While requirements vary, most lenders follow a similar checklist. Age of Applicant You must be at least 21 years old to apply for a loan application. Most lenders set an upper age limit of 65 years at loan maturity. Business Vintage Your business must be operational for at least one to three years. Established businesses with steady revenue have better approval odds. Annual Turnover Lenders typically expect a minimum turnover of ₹10 Lakhs to ₹15 Lakhs. Higher turnover may lead to lower interest rates. Credit Score A CIBIL score of 685 or more is preferred. A score above 700 significantly boosts your chances of securing a ₹5 Lakh business loan. Business Type and Registration Proprietorships, partnerships, LLPs, and private limited companies are eligible. The business must be registered with the appropriate authority. Location and Nationality You must be an Indian citizen and resident. Some lenders may exclude certain areas from their serviceable locations. Documents Required Submitting the correct documents is vital when you apply for a business loan. It ensures faster verification and speeds up the disbursal process. Identity Proof Valid documents include PAN card, Aadhaar card, voter ID, or passport. Address Proof Accepted documents include utility bills, passport, rent agreement, or Aadhaar card. Business Registration Proof This may include the Shops and Establishments Act licence, GST registration, or company incorporation certificate. Financial Documents These include bank statements for the past 6 to 12 months, income tax returns for the last 2 years, and profit & loss statements. GST Returns Most lenders ask for GST return filings for the past 12 months to assess your business performance. Step-by-Step Application Guide Follow these steps to improve your chances of timely approval. 1. Assess Your Needs Define why you need the loan—working capital, expansion, or equipment. 2. Research Lenders Compare banks, NBFCs, and online marketplaces like %$$BrandName$$% and IIFL. Evaluate interest rates, processing fees, and documentation requirements. 3. Check Eligibility Use online eligibility tools or check lender-specific criteria. Ensure your credit score and turnover meet the basic requirements for the business loan. 4. Collect Required Documents Prepare all necessary paperwork, including identity proof, business registration, financial records, and bank statements. 5. Fill Out the Application Form Complete the form either online or offline. Provide accurate business details, loan amount, and repayment tenure preference. 6. Upload or Submit Documents Attach scanned copies if applying online. For offline applications, ensure self-attested hard copies are properly arranged. 7. Verification and Approval The lender reviews your documents and may conduct a personal discussion or business visit. Upon successful verification, the loan is approved. 8. Disbursal of Funds Once approved, the loan amount is credited to your account, usually within 24 to 72 hours depending on the lender. A business loan of ₹5 Lakhs can be the financial push your enterprise needs to scale or stabilise. With digital platforms, applying is now easier than ever.
Business Insider
05-07-2025
- Business
- Business Insider
Bajaj Finance Limited (BAJFINANCE) Receives a Hold from Goldman Sachs
In a report released yesterday, Rahul Jain from Goldman Sachs maintained a Hold rating on Bajaj Finance Limited, with a price target of INR977.00. The company's shares closed yesterday at INR925.30. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Jain covers the Financial sector, focusing on stocks such as Axis Bank Limited, Bajaj Finance Limited, and IDFC First Bank Ltd.. According to TipRanks, Jain has an average return of 9.8% and a 78.57% success rate on recommended stocks. Bajaj Finance Limited has an analyst consensus of Moderate Buy, with a price target consensus of INR9,338.13.
Business Insider
05-07-2025
- Business
- Business Insider
Macquarie Reaffirms Their Sell Rating on Bajaj Finance Limited (BAJFINANCE)
In a report released yesterday, Suresh Ganapathy from Macquarie maintained a Sell rating on Bajaj Finance Limited, with a price target of INR800.00. The company's shares closed today at INR925.30. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Ganapathy is a 2-star analyst with an average return of 2.5% and a 50.00% success rate. Ganapathy covers the Financial sector, focusing on stocks such as Bajaj Finance Limited, HDFC Life Insurance Co. Ltd., and IndusInd Bank Ltd.. Currently, the analyst consensus on Bajaj Finance Limited is a Moderate Buy with an average price target of INR9,338.13. The company has a one-year high of INR978.59 and a one-year low of INR642.61. Currently, Bajaj Finance Limited has an average volume of 420.7K.
News18
07-06-2025
- Business
- News18
Bajaj Finance Bonus And Split Record Date: Important Update For Investors
Last Updated: Bajaj Finance Bonus And Split Record Date: Previously, Bajaj Finance Limited announced final and special dividends of Rs 44 and Rs 12, respectively for the shareholders. Bajaj Finance Bonus And Split Record Date: In a key development for shareholders, Bajaj Finance Limited has announced that it will conduct a stock split and issue bonus equity shares, with Monday, June 16, 2025, set as the record date for both actions. As per the company's earlier filing dated April 29, 2025, the Board of Directors had recommended the sub-division of 1 equity share of face value Rs 2 into 2 equity shares of face value Re 1 each, fully paid-up. Additionally, shareholders will receive 4 bonus shares for every 1 share held (post-split), translating to a 4:1 bonus issue. 'Pursuant to Regulation 42 of the SEBI Listing Regulations, 2015, we wish to inform you that the Company has fixed Monday, 16 June 2025 as the 'Record Date' for the purpose of determining the members, eligible for the sub-division of existing equity shares and issue of bonus equity shares of the Company," the company said in the filing. The move is aimed at increasing liquidity and enhancing retail participation by making the stock more affordable and widely held. The record date, set in accordance with Regulation 42 of SEBI's Listing Regulations, will determine the list of eligible shareholders who will receive the benefits of the split and bonus issue. Investors holding shares as of June 16 will be entitled to both the sub-divided shares and bonus allotment. The company urges shareholders and market participants to take note of the record date. Previously, Bajaj Finance Limited announced final and special dividends of Rs 44 and Rs 12, respectively for the shareholders. The ex-dates fell in May 2025. Bajaj Finance shares gained 7 per cent in the past one month. On a YTD basis, the return of the stocks is 35 per cent. Over the past 10 years, the stocks have given a return of 2000 per cent to investors. First Published: June 07, 2025, 14:03 IST
