Business Loan
Business Loan
Whether You Need Emergency Funds Or A Little Extra Cash Flow, Our Business Loans Can Help. With Our Help, You May Put All Your Energy Into Expanding Your Business While We Handle The Financial Aspects.
Business Loan Requirements
- Business Loan Can Be Availed By Self-Employed Individuals, Self-Employed Professionals, Sole Proprietorships, Partnership Firms And Private Limited Companies (Including Closely-Held Public Limited Companies), With A Profitable Business Loan For The Past 3 Years
- Applicant’s Age Should Be Minimum 21 Years At The Time Of Application And Maximum 65 Years At Maturity
- Minimum 5 Years Of Experience Required In The Same Line Of Business Loan With At Least 3 Years Of Business Loan Establishment & Operation In The Same City. For Self-Employed Professionals, Minimum 4 Years Of Post-Qualification Experience Is Required.
- Minimum Business Loan Turnover Required Is & Rs.1 Crore And For Professional / Service Sector, Applicant’s Gross Receipts Should Be At Least 60 Lakhs.
- Applicant Must Own Either Residence Or Office In His Name Or Jointly With Family Members Or Resides In A Residence Owned By An Immediate Family Member.
Documents Required
- 2 Passport Photo
- PAN Card
- Aadhar Card
- Ownership Proof (Water / Electricity Bill)
- Latest 3 Years ITR With Financial Docs With Chartered Accountant Stamp
- Latest 1 Year GST Returns (GSTR 3B)
- GST Registration
- Udyam Certificate
- One Year Pdf Banking In Pdf Format (Current Account)
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