Business Loan

Business loan is a type of financing that is given to people or organizations to support the expansion or improvement of their business. It’s important to know that you’re getting the right kind of funding for your business, so make sure you read this informative article and find out what types of loans are available!

How to apply for Business Loan?

If you’re a business owner, you know that one of the key components to success is maintaining a healthy cash flow. That’s why it’s important to know how to apply for a debt, in case you need to take out a loan to keep your business afloat. Contact us to get a business loan easily.

Documents Required For Applicant

• KYC Documents
• Home related documents
• Copy of last 2 years Income Tax Returns of the applicant along with computation of income duly attested by a Chartered Accountant
• Copy of last 2 Years Balance Sheet and Profit & Loss Account of the firm duly attested by a Chartered Accountant
• Bank Statement for the last 6 months for the Savings Account & Current Account,
• Copy of either Shop & Establishment License / VAT Registration or GST registration any other mandatory license / Registration
• Copy of the Partnership Deed, Memorandum of Associations, Articles of Association (if applicable)
• Copy of Tax Deduction Certificate / Form – 16A (if applicable)
• Details of Contract (if applicable)
• Copy of Advance Tax paid / Self Assessment Tax paid challan
• Copy of Educational Qualification Certificate
• Copy of Professional Practice Certificate
• Salary Certificate (in case of doctors having salaried income)

Documents Valid As Address Proof

• Rashan Card
• Electricity Bill
• Mobile Bill
• Land Line Bill
• Passport
• Mool Niwas Patra
• House Tax Slip
• Water Bill
• Gas Bill
• Aadhaar Card

Documents Valid As ID Proof

• Pan Card ( Compulsory )
• Aadhaar Card ( Compulsory )