Business Loans

These loans are required to meet the expenses of working capital needs, for business expansion, for buying a new machinery or equipment and also for infrastructure improvement or expansion needs.

Main features of business loans :

These loans come in handy at very competitive interest rates with flexible payment options.

No Collateral Security or Guarantor is required for availing business loans.

Business loans can be availed from Rs.50K to Rs.50 lacs depending on the income and repayment capacity.

Business loans also allows a Line of Credit or Flexi line or Over Draft type of loan, where you can pay only interest part of the loan and it will not have any principle component. And principle can be repaid at any time before the end of tenure.

End to End TAT (Turn around time) with 3 days from day of login.

PROPRIETOR DOCUMENTS FOR OWN BUSINESS INCLUDING CLINIC/HOSPITAL :

Six months bank statement till date.

Three years ITR and if turnover is above 1crore then, 3CB and 3CD required.

Firm registration copy old and new.

Office address proof.

Residence proof.

PAN card.

Aadhar card.

Application on photo attested with signatures and stamps.

Required signatures and stamp on all documents.

PARTNERSHIP DOCUMENTS :

Six months bank statement till date.

Three years ITRS, and for 1 cr above turnover file, require 3CB AND 3CD.

Any loan existing ones/closed schedules or tracks.

Office address proof.

Firm registration copy old and new.

Residence proof.

All partners Aadhar cards, pan cards, and mobile numbers.

Company pan card.

One application wtith stamp and sign on both sides with main partner. And another aplication need one photo attested with signatures and stamps of main partner on another side.

Required signatures and stamp on all documents.

PRIVATE LIMITED DOCUMENTS :

Six months bank statement till date.

Any loan schedules and tracks.

Three years ITRS with directors and audiotors report.

MOA and AOA.

Company registration copy (Incorporation certificate).

Directors list and share holding pattern on letter head.

All Directors Aadhar cards, pan cards, and mobile numbers.

Company pan card.

Main Director residene proof.

Office address proof.

On all documents need stamp and signature of main Director.

Main Director photograph.

We have to take two applications one is company's and one for main Director with stamp on both applications.

Required signatures and stamp on all documents.