Documents Required for a Machinery Loan
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| 時間 | 作者 | 版本 |
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| 2022-04-08 11:10 – 11:13 | r1 – r28 | |
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+ Documents Required for a Machinery Loan
+ *
+ A Machinery loan is a loan that assists the administrators and business individuals in acquiring the funding to buy equipment or machinery for many business purposes. It is also called a business loan.
+ Documents Required for a Machinery Loan
+ For individuals: -
+ *2 passport-sized photographs
+ *PAN Card copy
+ *Aadhar Card + Passport
+ *Income tax return with computation of income (if filed) for the previous 3 years form-16.
+ *Order in hand
+ *The cheque for processing with reference to bank.
+ *Permanent address proof and also needed if rented.
+ *If running loan schedule and sanction letter
+ *Salary slips for previous 3 months and appointment letter.
+ *Bank statement for the last 1 year of salary account.
+ *Complete property papers with ATS + MAP and Chain.
+ Steps to Apply for a Machinery Loan
+ Step 1: - Go to the official website of the preferred lender.
+ Step 2: - Fill in the application form and attach all the necessary documents with proof and passport-sized photographs.
+ Step 3: - Once you submit the form, bank representatives will contact you for further procedure.
+ Step 4: - After the approval, you will be dispensing the sanction letter on your e-mail id.
+ Step 5: - After that, the loan amount will be disbursed to your account within 2 to 3 working days.
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| 2022-04-08 11:10 | r0 | |
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