Friday, September 23, 2022

Applying For Business Loan Was Never So Easy

We assist you to get Best Business Loan with quick loan procedure. Get timely guidance from our experts.  To Appy for business loan all you have to do 2 things

  • Enquire With Us
  • Share Valid Documents Asked 

Get Business Loan at your fingertip

Need financial help for the business. Opt us to get various ways to grow you business financially. Connect with us to explore  growing opportunity for your business.

Eligibility for Business Loan

Eligibility is the core aspect of loans. Know your eligibility based on MSME guidelines.

We provide you the best options for Business Loans in a hassle-free way

Questions bouncing on your head? Call us to clear your doubts

  • Your business must be operational for minimum 1 year. 
  • Must have last 2 years ITR
  • Timely documented GST returns 
  • Business must be active from last 3 years minimum 
  • Ensure that you have the age certificate 
  • CIBIL score must be minimum 690. 
  • Your business should have a minimum turnover of Rs. 40 lakhs
  • The applicant must be minimum 21 years & maximum 65 years old

Documentation Required For Business Loan

Documentation is a key to open the doors. Right documents can lead quick procedure for your Business Loan. Ensure to have these documents before you apply. 

Documents required for identity proof for Business Loan:

    • Aadhaar Card
    • Passport
    • Voter’s ID Card
    • PAN Card
    • Driving License
    • PAN Card – For Company/Firm/Individual

Documents Required as a resident proof for Business Loan:

    • Aadhaar Card
    • Passport
    • Voter’s ID Card
    • Driving License

You need to have any of the above documents as proof

  •  

Documents Related to Proof of Income for Business Loan

    • Last 6 Month Bank Statement
    • Latest ITR along with computation of income
    • Balance Sheet, Profit & Loss account for the last 2 years audited by CA Certified/Audited
    • Proof of continuation (ITR/Trade license/Establishment/Sales Tax Certificate)
    • Other Mandatory Documents
      • Sole Prop. Declaration Or Certified Copy of Partnership Deed,
      • Certified true copy of Memorandum & Articles of Association (certified by Director) & Board resolution (Original)