BoB vs Bajaj Business Loan, 2026.
Reviewed by Jay Patel· Last reviewed:
Bank of Baroda and Bajaj Housing Finance side by side — interest rate, EMI, processing fee and fine print — so you can see which one suits your profile.
BoB vs Bajaj — Business Loan Comparison
Key parameters compared side by side.
| Parameter | BoB | Bajaj |
|---|---|---|
| Interest Rate (p.a.) | 10.5% – 14.75% | 14% – 23% |
| Processing Fee | 1.00% (min ₹5,000) | 2.00% (min ₹10,000) |
| Max Loan Amount | Rs 5 Cr | Rs 5 Cr |
| Max Tenure | 7 Years | 7 Years |
| Bank Type | Public Sector | NBFC |
| Founded | 1908 | 2015 |
| Headquarters | Vadodara | Pune |
Interest Rate (p.a.)
BoB
10.5% – 14.75%
Bajaj
14% – 23%
Lower/better: BoB
Processing Fee
BoB
1.00% (min ₹5,000)
Bajaj
2.00% (min ₹10,000)
Max Loan Amount
BoB
Rs 5 Cr
Bajaj
Rs 5 Cr
Max Tenure
BoB
7 Years
Bajaj
7 Years
Bank Type
BoB
Public Sector
Bajaj
NBFC
Founded
BoB
1908
Bajaj
2015
Headquarters
BoB
Vadodara
Bajaj
Pune
Rates as of September 2026. Subject to change based on RBI policy and bank revisions.
EMI Comparison
Estimated EMI for Rs 20 Lakh business loan for 5 years at each bank's listed starting rate.
BoB
Bajaj
Savings: Choosing BoB saves you approximately ₹3,549 per month, or ₹2,12,940 in total interest over the loan tenure.
Feature Comparison
Key features offered by BoB and Bajaj for business loan.
| Feature | BoB | Bajaj |
|---|---|---|
| Baroda Mudra Loan | ||
| MSME special schemes | ||
| CGTMSE coverage | ||
| Lower rates for Gujarat-based businesses | ||
| Flexi business loan | ||
| Property-backed lower rates | ||
| Fast processing | ||
| Pan-India coverage |
Baroda Mudra Loan
MSME special schemes
CGTMSE coverage
Lower rates for Gujarat-based businesses
Flexi business loan
Property-backed lower rates
Fast processing
Pan-India coverage
Which Is Better — BoB or Bajaj?
It depends on your priorities. Here is a quick guide.
Choose BoB If...
- Lower starting interest rate (10.5% vs 14%)
- Government-backed (public sector bank)
- Lower maximum rate (14.75% vs 23%)
Choose Bajaj If...
- Trusted brand with strong business loan offerings
Need context for this comparison? Contact Money Matrix Hub to discuss the displayed lender information. Any service terms and lender decisions should be confirmed before proceeding.
Eligibility Comparison
General eligibility criteria for business loan at both banks.
BoB Eligibility
- Business vintage: 2+ years (ITR required)
- Min annual turnover: Rs 10 Lakh
- CIBIL score: 650+ preferred
- Valid GST registration
- Age: 21–65 years at loan maturity
Criteria may vary. Contact Money Matrix Hub for exact eligibility assessment.
Bajaj Eligibility
- Business vintage: 2+ years (ITR required)
- Min annual turnover: Rs 15 Lakh
- CIBIL score: 650+ preferred
- Valid GST registration
- Age: 21–65 years at loan maturity
Criteria may vary. Contact Money Matrix Hub for exact eligibility assessment.
Frequently Asked Questions
Common questions about BoB vs Bajaj business loan.
Which bank has a lower business loan interest rate in 2026 — BoB or Bajaj?
BoB currently shows a lower published starting rate of 10.5% p.a. for business loan. However, the actual rate you receive depends on lender eligibility, current documentation, credit score, income, and loan amount. Money Matrix Hub can help you compare available lender information from both banks.
What is the maximum business loan amount I can get from BoB vs Bajaj?
BoB offers a higher maximum loan amount of up to Rs 5 Cr. BoB offers up to Rs 5 Cr while Bajaj offers up to Rs 5 Cr for business loan.
Which bank charges a lower processing fee for business loan — BoB or Bajaj?
BoB lists a processing fee of 1.00% (min ₹5,000), while Bajaj lists 2.00% (min ₹10,000). Fees and waivers can depend on lender policy and borrower eligibility, so confirm the current Key Fact Statement before accepting an offer.
Should I choose BoB or Bajaj for business loan in 2026?
The best choice depends on your specific needs. BoB offers rates from 10.5%–14.75% with a max tenure of 7 years, while Bajaj offers 14%–23% with 7 years tenure. Contact Money Matrix Hub for a personalised comparison based on your profile.
Can Money Matrix Hub help me apply for a business loan from both BoB and Bajaj?
Money Matrix Hub can help you compare available lender information for BoB and Bajaj. Any application, credit enquiry, offer, sanction decision, lender fee, and borrower charge are subject to the relevant lender's current policy and documentation.
Also Compare BoB vs Bajaj
Related Business Loan Comparisons
View Individual Bank Pages
Want to compare your rate with published lender information?
Send your details on WhatsApp for a lender-rate comparison. Response time and next steps vary by enquiry and lender.