Business Loan

You can use a business loan, which is specifically given for business operations, to meet your needs, including working capital, business expansion, or a working cash for a new venture.

Loans start from Rs. 5.00 to Rs 25 CR.
Unsecured loan – No security / No collateral required.
Repay with easy equated monthly installments.
Simple documentation & Faster processing.
The tenure of the loan repayment could range from 12 to 48 months.
Interest is calculated on a monthly reducing balance basis.

Proprietorship / Partnership / Private Limited / Limited company.
This loan can be used business purpose only.
Age 25-65 years of main applicant.
Turnover minimum 10 lacs per annum for the last 3 years.
Minimum of 3 years old company in the same business.
Minimum 1year old operation at same place.
Profitable business for the last 2 year .
Have a clean track record of at least 12 month from any MNC bank.
Applicant must own office or residence.

Self Employed

Photograph of main applicants.
Aadhaar Card.
ID proof : Pan card/ Passport/c Driving License.
Signature Proof : Pan card/ Passport/Driving License.
Age Proof : Pan card/ Passport/Driving License/DOB Certificate.
Residence Proof : Passport/ Voter Card/Driving License/Ration Card/ Telephone Bill/ Electricity Bill.
Office Proof : Telephone Bill/ Sales Tax registration certificate/ Electricity Bill.
Ownership Proof : Electricity Bill/house tax/property pappers.
Income Proof : last 2 years audited financial along with audit report with all schedules.
Last 6 month main account bank statement.
Sanction letter of existing Cash credit or overdraft limit availed by the company.
Constitution proof : MOA/ partnership deed.
Others : any Govt. registration like service tax, sales Tax, excise.
Loan Proof : repayment Schedule of all running loans.
Property Pepar Required