Business Loan

Business Loan

Business Loan is purely unsecured loan. Based on the previous loan track and financial transactions, and on the basis of your profit and loss a/c bank will provide the eligible loan amount for your Business requirement.

Features

Lower Interest rate, It is Unsecured loan, Flexible tenures maximum up to 3years, Quick processing and Simple documents, Loan Repayment in easy instalments , Minimum Business period 6months required, Minimum Banking Rs.50,000/-PM , With or without IT return .

Loan Eligibility

Minimum Business 6months Operation required
All kind of Business like Manufacturing/Trading/Shops
Minimum Banking transaction of Rs.50,000/-PM
Income Tax Return for last 2 years, if available
Any Property in own name or in Blood relations

Documents Required

Id and age proof (Pancard) of Self/Partners/Directors
Current address proof (Aadhaar/Voter ID/Gas bill/Telephone bill)
Last 1 year Current/OD & Saving account Bank Statement
Latest 3 Years IT Return
One passport size photo of Self/Partners/Directors
3 years Business Continuity Proof – GST/Service Tax /TIN/MSME/SSI Registration Certificate
Company KYC documents Property Proof – own/blood relations

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