DOCUMENTS REQUIRED FOR BUSINESS LOANS - CHECKLIST

BUSINESS LOANS COMPRISES PRIMARILY OF TERM LOAN, WORKING CAPITAL LIMITS, LETTER OF CREDIT AND BANK GUARANTY. IN ORDER TO AVAIL THE LOAN FROM VARIOUS BANKS AND FINANCIAL INSTITUTIONS WE NEEDS TO SUBMIT VARIOUS DOCUMENTS FOR ASSESSMENT. WE HAVE COMPILED A CHECKLIST OF DOCUMENTS WHICH ARE GENERALLY REQUIRED :-

1. Balance Sheet and Profit and Loss Statement for the last 3 years.

2. Income Tax Return along with computation for last 3 years

3. CMA Data

4. Provisional Balance Sheet

5. KYC Documents for Business

• Pan Card

• Electric Bill

• GST Registrations and Other Business Licenses

• Constitution Documents

Proprietorship - Shop Act

Partnership - Partnership Deed

Company - MoA and AoA of Association

• Profile

6. KYC Documents of Promoter

• PAN

• Aadhar Card

• Electric Bill

• Profile of Promoters

• Photos of Promoters

7. Net Worth Statement of Promoters

8. Copies of all Property Documents

9. Market Value of Property

10. Latest Bank Statement for past 6 months

11. Statement of Existing Loans along with Sanction Letter

12. Summary Sheet of Existing Loans

13. Copies of GST returns for last 6 months

14. Monthly sale and purchase for last 12 Months

15. Requirement of Loan

DOCUMENTS REQUIRED FOR BUSINESS LOANS - .

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