How to apply?
Any business with a track record of more than two years can apply for a business loan. The purpose of the loan should be clear before applying for the business loan. Here’s a list of the basic documentation you will need to submit.
Company bank statements for last one year
ITR for last 3 years, and in case the current year ITR has not filed then the provisional documents for the same.
Balance sheet and P&L accounts for 3 years
KYC documents of the company including PAN Card, Registration of Incorporation, Partnership deed, Memorandum & Articles of Association.
KYC documents of the owners
A report as to how the business loan intends to be utilized.