Documents Required for Business Loan

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時間 作者 版本
2022-05-25 13:14 (unknown) r5
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2022-05-25 13:14 – 13:14 Finance Seva Loan r1 – r4
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+ Documents Required for Business Loan
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+ Documents Required for Business Loan
+ A business loan is a loan that is provided by se`veral banks, financial institutions, or Non-Banking Financial Institutions (NBFCs) to increase the fund for starting a new business or expanding Rs. an existing business loan. The borrower can get a maximum loan amount of Rs. 5 crores at an interest rate of @14.50% with a flexible repayment tenure of up to 36 months.
+ Filled an application along with two passport-sized photographs.
+ Identity proof (for individual or company)
+ *Aadhar card
+ *PAN Card
+ *Passport
+ *Driving license
+ Address proof (for individual or company)
+ *Voter ID Card
+ *Aadhar card
+ *Utility bill
+ *Rent/lease agreement
+ *Bank passbook
+ Income proof
+ *Income Tax Return (ITR) with computation.
+ *Balance sheet for last 2 years.
+ *Profit and loss statement
+ *Provisional financial year 2020-21
+ *Complete financial with Annexure and Tax audit.
+ *Audited by certified Chartered Accountant.
+ Company proof
+ *Sole proprietorship Declaration (for partnership firm)
+ *For Public and Private companies (ROC required)
+ *Board resolution
+ *AOA and MOA
+ *Partnership deed (for partnership firm)
+ *List of authorized signatories
+ *List of shareholder and director with certified Chartered Accountant.
+ Other mandatory documents
+ *Sanction letter and loan schedule (if running any existing loan)
+ *SSI, GST, VAT, and Sales Tax certificate. (If applicable)
+ *All updated bank accounts of company for previous 1 year.
2022-05-25 13:14 (unknown) r0
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