Loan amount from Rs. 5 Lakhs to Rs. 50 Lakhs

Business Loans Eligibility Criteria & Documents

Eligibility & Documents

Age
  • Minimum of 28 years
  • Maximum of 65 years
Who can apply?
  • Sole Proprietorship
  • Partnership Firm
  • Private Limited Companies
  • Closely Held Public Listed Companies
  • Societies
  • Trusts
Business Profitability
  • Business should be in the profitable state for the last 2 consecutive years.
Company Financials
  • Complete financials including Balance sheet and Profit & Loss statement of last 2 years, Tax audit reports.
  • Last Six months bank statement

Documents

We are flexible and transparent in our approach and provide business loan with minimum required documents:

Identity Proof Any one of the following:
  • Aadhaar Card
  • PAN Card
  • Driving License
  • Voter ID
  • Passport
Address Proof Any one of the following:
  • Aadhaar Card
  • Voter ID
  • Passport
  • Bank Statement (Bank Account Passbook updated and of recent three months)
  • Registered Rent Agreement
  • Utility Bills
Ownership Proof
  • Telephone bill (either Resi or Office)
  • Last 6 months bank statements of all bank accounts of the borrower. In case of proprietorship concern, Savings Bank account statement also to be collected of the proprietor
Income Proof
  • Last 2 years ITR of the Borrower along with computation of income
  • Last 2 years audited / CA Attested financial statements along with Audit Report and annexures and notes to audit report. In case financials are not audited; financial statements should be CA attested
Other Documents
  • Sanction letters of all the loans running
  • Latest OD /CC Limit letter
  • In case of closely held Limited company wherein share holding pattern between them is >51%, KYC of all directors are mandatory
  • Loan application form
  • Passport Size photograph
  • Ownership documents
  • Proof of business loan documents issued by statutory authorities

Personal Loan

Loan amount from Rs 1 Lakhs to Rs 25 Lakhs

Loan Against Property

Loan amount from Rs 5 lakhs to Rs 10 Crores

Corporate Lending

Special Situation and Acquisition Financing