List of Documents Required for Business Loan

Business Loan is an Unsecured Loan, which you can get from banks, to fulfill your personal needs.

Basically, it’s a loan for any need and it’s quite easy to have it without any questions asked by the bank.

Moreover, you also get the freedom to use the loan amount for legal purposes.

Proprietorship Firm image

List of Documents for Proprietorship Firm

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  • Photo
  • Pan Card
  • Aadhar Card
  • Ownership Proof
  • Min. 3 Years old Business Continuity Proof
  • GST Registration
  • Residence Address Proof
  • Office Address Proof
  • Last 2 Years ITR & Computation with CA Attested Financial
  • Latest 12 Months GST Return
  • Last 12 Months Bank Statement of all Current Accounts
  • All Loan Schedule or Limit Sanctioned Letter
Partnership firm image

List of Documents for Partnership Firm

  • Firm PAN Card
  • Partnership Deed
  • Photo of all partners
  • PAN Card of all Partners
  • Aadhar Card of all Partners
  • Ownership Proof
  • Min. 3 Years old Business Continuity Proof
  • GST Registration
  • Residence Address Proof
  • Office Address Proof
  • Last 2 Years ITR & Computation with CA Attested Financial
  • Latest 12 Months GST Return
  • Last 12 Months Bank Statement of all Current Accounts
  • All Loan Schedule or Limit Sanctioned Letter
Pvt Ltd Company documents list image

List of Documents for Private Limited Company

  • Company PAN Card
  • MOA & COI
  • CA Attested List of Director & List of Shareholder
  • Photo of all Directors
  • PAN Card of all Directors
  • Aadhar Card of all Directors
  • Ownership Proof
  • Min. 3 Years old Business Continuity Proof
  • GST Registration
  • Residence Address Proof
  • Office Address Proof
  • Last 2 Years ITR & Computation with CA Attested Financial
  • Latest 12 Months GST Return
  • Last 12 Months Bank Statement of all Current Accounts
  • All Loan Schedule or Limit Sanctioned Letter

Key Characteristics | Business Loans

Nature Of facilityUnsecured term Loan
EMIMonthly
Min. loan amount10 lacs
Ownership Residence/OfficeMandatory
TenorMin1 Year – Max 4 Years
Min. Turnover50 Lakhs
Min. Business Vintage3 Years
Min. Age25 Years
Max. Age60 Years
ROI14.00% – 25.00% pa*
PF %1.00% – 3.00% + applicable taxes
InsuranceDepend upon Bank Policy*
Lock- in Period1-12 month*
Foreclose Charges0-4% Flat + applicable taxes
*T&C Apply

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