Business Loan

  • Home
  • Loans
  • Business Loan

Have any Questions?

Business Loans is an unsecured credit instrument to help you to meet your business growing needs .Whether you are going through a financial crunch or you are looking forward to expanding, business loan can provide you funds to ensure smooth functioning without a halt.Whether you are a manufacturer, importer or exporter, retailer, wholesaler or service provider, you can avail business loan. As Business loans are unsecured loans, so there is no needs for any type of collateral . The loan amount is repaid in small amounts in the form of “ Equated Monthly Installments (EMI) over a period of time known as the tenure or term

A Proprietorship firm or Partnership firm or Private Limited firm doing business at least for 2 years can apply for Business loan.
Business Loan starts from Rs 5 lacs and maximum amount depends on firms turnover , banking and net profit.
This term period ranges from a minimum period of 36 months to maximum tenure of 60 months . However a borrower can pay the full amount of loan before minimum tenure of 36 months , depends on the rules and regulations of that financial institutions
  • KYC – Pan Aadhaar and Photograph
  • Trade Licence – Current and 3 years old
  • GST – Certificate and last 12 months return ( 3CB ) if GST applicable
  • Financials – Last 2 years full set of Financials with 12 months Bank Statement .
  • Electricity Bill or Property Tax receipt in the name of Proprietor / Partner / director.
  • Pan Card in the name of the Firm – Applicable for Partnership and Private Limited only
  • Partnership deed – applicable for partnership firm only
  • MOA , AOA and COI – applicable for Private Limited firm only .
  • Existing loan sanction letter if any .