About Us  |  Agent Login  |  Advertise  |  Contact Us   
Policy Partner

List Of Documents Required For Business Loan

Posted By PolicyPartner.in Team
 

List Of Documents Required For Business Loan:-

Documents Required for business loan in India

  1. ID Proof: Any Two from Passport, Pan card, Voters ID Card and Driving License.
  2. Address Proof
  3. Proof of Continuity Of Business:- 5 years old banking page, TIN/VAT RC, Service Tax regn.
  4. Bank Statement 6 Months
  5. Board Resolution (If Pvt ltd co. is borrower/Partnership Authorization Letter {if partnership firm is co-borrower}
  6. ITR & Statement Of Computation of Income – for last 3 Years
  7. CA Certified or Audited P/L Account  and for >40 Lacs cases Audit report along with schedules of P&L and Balance Sheet – for last 3 years
  8. Latest ITR of Co-Applicants – For last 3 Years
  9. Ownership Proof of Residence or Office
  10. Certified true copy of Memorandum & Articles of Association (certified by Director) & Board resolution (Original) for Pvt.Ltd. Co.
  11. All directors/partners KYC

Self Employed (Private Ltd. Co. and Partnership Firms) include Private Companies and Partnership firms in the Business of Manufacturing, Trading or Services.


Eligibility Criteria:

  • Minimum Turnover of Rs. 100 Lakhs.
  • Business Vintage : Minimum of 3 years in current business and 5 years total business experience
  • Business must be profit making for the last 2 years
  • Minimum Annual Income (ITR): Rs. 2 Lakhs p.a.

 
SMS PPR TO 56161
 
Services We Provide
Life Insurance
General Insurance
Investments / Pension
Home Loans
Personal Loans
Business Loans
View All
Related Articles
Tax Planning – Why Wait till end.
LIC lays claim to no.1 in settlements
Apollo Munich health plan
Best Personal Loan Offer
How To Manage Your Loans And Finance
IFSC CODE/RTGS CODE LIST
View All
Knowledge About Insurance
What do we mean by life insurance?
What is the need of life insurance?
Key Benefits of Life Insurance
How much insurance do I need?
Human Life Value
Tax benefits available
View All
About Loans & Insurance
About Life insurance
Debt Management
How To Improve Your CIBIL Score Or Credit Score