Eligibility criteria and documents required
If your company is mentioned in our list of approved companies, and you meet the three basic criteria mentioned below you are eligible for ESOP financing. Also keep a few documents handy while applying for ESOP financing.
Eligibility criteria
- Nationality: Indian
- Employee of partnered corporates
- Age: 18 years to 70 years
Documents
- PAN
- Valid address proof
- Photograph
- Bank proof
- Signature image on white page
How to apply for ESOP financing
Step-by-step guide to apply for ESOP financing
Step 1: Click on ‘Apply’ to initiate your application.
Step 2: Enter your mobile number to Sign in and click ‘GET OTP’.
Step 3: Enter the OTP sent to your mobile number. On successful verification, you will be redirected to our online application form.
Step 4: Enter basic details like: Full name, Email ID, mobile number and city of residence.
Step 5: Under ‘Type of Security’ select ‘ESOP Financing’.
Step 6: Enter the total portfolio value of your security and click on ‘Submit’.
Once your application form is submitted, our representative will get in touch with your further proceedings. The final loan amount shall be calculated basis the valuation of the company and the price of the share.
Disbursement shall be done post successfully verification.
Frequently asked questions
The eligibility criteria for ESOP financing with Bajaj Finance are:
- Nationality: Indian
- Employment: Salaried or consultants with the company
- Age: 18 years to 70 years
To apply for ESOP financing, click on the ‘Apply’ button on the page. You will be redirected to our form, where you will have to fill your personal details and the value of your shares.
Once all your details have been verified through an OTP, sent on your phone, our representative will contact you for further processing of your application.
Bajaj Finance provides the loan up to 50% of the ESOP value.
The documents required to apply for ESOP financing with Bajaj Finance are:
- PAN
- Valid address proof
- Live photograph
- Bank proof
- Signature image on white page