Business Loan

Self-employed (Professionals)  Doctors, Chartered Accountants, Architects, and Company Secretaries.

Eligibility Criteria

• Minimum age of applicant: 22 years
• Maximum age of applicant at loan maturity: 65 years
• Years in business: Minimum 3 years
• Minimum Annual Income: ₹ 1, 00,000 p.a. for Metro locations & ₹ 75,000 p.a. for other locations.

Self-employed (Individuals) include self-employed - Sole proprietors, Partners & Directors in the Business of Manufacturing, Trading or Services.

Eligibility Criteria

• Minimum age of Applicant: 21 years
• Maximum age of Applicant at loan maturity: 65 years
• Years in business: Minimum 4 years with at least 2 years in the same Business
• Minimum Annual Income: ₹ 1, 00,000/- p.a. for Metro locations & ₹ 75,000 p.a. for Non-Metro locations.

Self-employed (Pvt Cos and Partnership Firms) include Private Companies and Partnership firms in the Business of Manufacturing, Trading or Services

Eligibility Criteria

• Minimum age of Applicant: 22 years
• Maximum age of Applicant at loan maturity: 65 years
• Years in business: Minimum 4 years with minimum 2 years in the same Business
• Minimum Annual Income: ₹ 100000/- p.a. for Metro Locations & ₹ 75,000/- p.a. for non-metro locations.
• Business must be profit making for the last 2 years

Self-employed (Professionals) include self - employed Doctors, Chartered Accountants, Architects, and Company Secretaries.

Documents required:

• Proof of Identity & Address Proof: Passport / Voters ID / Driving License/PAN Card*(PAN Card of Entity, Proprietors/Partners/Directors, Security providers and guarantors)/Aadhar CardorProofof possession of Aadhaar number(on Voluntary basis) / Photo
• Address Proof of Entity, Proprietors/Partners/Directors, Security providers and guarantors like /Driving License/ Voter ID/ Utility Bill (anyone which is not more than two months old of any service provider - electricity, telephone, post-paid mobile phone, piped gas, water bill) / Registered Rental Agreement/Letter of allotment of accommodation from employer/ leave and license agreements with employers allotting official accommodation
• Date of Birth Proof: Driving License / Pan Card / Passport Copy / Birth Certificate / 10th / 12th mark sheet bearing date of birth
• Bank Statements:  Latest statements /Bank passbook for last 6 months
• Latest ITR along with computation of income, B/S & P&L a/c for the last 2 years certified by a CA along with schedules and Notes to Accounts, Tax audit reports, Statutory Audit report

Self-employed (Individuals) include self-employed - Sole proprietors, Partners & Directors in the Business of Manufacturing, Trading or Services.

Documents required:

• Proof of Identity& Address Proof: Passport / Voters ID / Driving License/PAN Card*/Aadhar CardorProofof possession of Aadhaar number(on Voluntary basis)  /Photo /Driving License/ Voter ID/ Utility Bill (anyone (anyone which is not more than two months old of any service provider - electricity, telephone, post-paid mobile phone, piped gas, water bill) / Registered Rental Agreement/Letter of allotment of accommodation from employer/ leave and license agreements with employers allotting official accommodation
• Date of Birth Proof: Driving License / Pan Card* / Passport Copy / Birth Certificate / 10th / 12th mark sheet bearing date of birth
• Bank Statements: Latest statements / Bank passbook (updated within 90 days)
• Latest ITR along with computation of income, B/S & P&L a/c for the last 2 years certified by a CA
• Proof of continuation:  Trade license /Establishment /Sales Tax certificate
• Other Mandatory Documents (Sole Prop. Decl. Or Cert. Copy of Partnership Deed, Cert. Copy of MOA, AOA & Board resolution.)

Self-employed (Pvt Cos and Partnership Firms) include Private Companies and Partnership firms in the Business of Manufacturing, Trading or Services

Documents required:

• Proof of Identity & Address Proof: Passport / Voters ID / Driving License/PAN Card*/Aadhar CardorProofof possession of Aadhaar number(on Voluntary basis)  / Photo /Driving License/ Voter ID/ Utility Bill (anyone (anyone which is not more than two months old of any service provider - electricity, telephone, post-paid mobile phone, piped gas, water bill)/ Registered Rental Agreement /Letter of allotment of accommodation from employer/ leave and license agreements with employers allotting official accommodation
• Date of Birth Proof:  Driving License / Pan Card / Passport Copy / Birth Certificate / 10th / 12th mark sheet bearing date of birth
• Bank Statements: Latest statements /  Bank passbook (updated within 90 days)
• Latest ITR along with computation of income, B/S & P&L a/c for the last 2 years certified by a CA
• Proof of continuation: Trade license /Establishment /Sales Tax certificate/ SSI Registration
• Other Mandatory Documents (Sole Prop. Decl. Or Cert. Copy of Partnership Deed, Certified true copy of Memorandum & Articles of Association (Certified by Director) & Board resolution (Original).)