About Business Loan

Managing finance is unarguably the most important component of any business. A business owner needs money to grow/expand his business and to meet his working capital requirements. You can manage your funds for meeting business requirements by taking a business loan.

Business Loan is a loan which is used primarily in business activities and has to be repaid over a specific period of time.

It helps the business owner overcome short term and long term financial hurdles.

    Eligibility Criterion

  • All legitimate business owners including manufacturer, service provider, retailer, wholesaler, trader engaged in imports/exports etc that are doing the same business from last three years are eligible to take business loan.
  • Business Organization may be a Sole Proprietorship Firm, Partnership Firm, Private Limited Company or a Public Limited Company.
  • Loan Amount: From Rs. 50000 to Rs. 50 lakhs.
  • Age: Between 21 years to 65 years.
  • Tenure of loan: Up to 5 years

    Documents Required

  • PAN Card (for company/ firm/ individual).
  • Identity Proof ( Aadhar card, driving license/passport/voter ID)
  • Address Proof ( Aadhar card, driving license/passport/voter ID)
  • Bank statement of previous six months.
  • Latest ITR along with computation of income, Balance sheet and Profit & Loss account for the previous two years certified/ audited by CA.
  • Proof of continuation (ITR/ Trade license/Establishment certificate etc).
  • GST returns for current financial year.
  • Other mandatory documents.

Please fill your details and get the offer