Business loan eligibility criteria Before applying for a loan, it's essential to understand the basic business loan eligibility criteria to enhance the chances of approval. The primary factors considered include: Business vintage Businesses that have been operational for a minimum of three years are typically more likely to secure a loan. CIBIL score A strong credit score is a crucial element in securing a business loan. A score of 685 or above is generally considered favourable and can improve the chances of obtaining a loan with competitive terms. Age limit The age of the applicant also plays a role in the loan approval process. To apply for a business loan, the applicant should be between 24 and 80 years old. How to apply Applying for a Bajaj Finserv Business Loan is designed to be simple and efficient, so businesses can focus on growth rather than complex procedures. Here's how to apply: Download the Bajaj Finserv App or visit the official website.