Business Loan Documents Required

Process and Documents

We provide business loans to proprietorship firms engaged in the businesses of manufacturing, trading and services and having vintage of minimum 6 months only for loan amounts up to 50 lakhs, positive net worth and good repayment history.

Documents for 10 Lakhs

• KYC documents – Identity proof and address proof of the borrower and all co-borrowers
• PAN Card of borrower and all co-borrowers
• Last 6 months bank statement of main operative business account
• Signed copy of standard terms (term loan facility)
• Additional document(s) may be required for credit assessment and processing of loan request

Documents for 50 Lakhs

• KYC documents – Identity proof and address proof of the borrower and all co-borrowers
• PAN Card of borrower and all co-borrowers
• Last 6 months bank statement of main operative business account
• Signed copy of standard terms (term loan facility)
• Additional document(s) may be required for credit assessment and processing of loan request
• GST Registration.