Business Loan
Rate Of Interest | 11.50 % per annum |
Loan Limit | 25 lakh |
Period | Maximum 72 month |
Purpose | 1 Expansion of business 2. Purchase of goods 3. Purchase of shop or place 4. Renovation 5. Purchase of machinery, Furniture’s, Fixtures 6. Working Capital |
Requirements
Income Proof | Pay slip, Income tax Return File, Tahsildar Income Certificate |
Address Proof | Ration Card, Passport, Electricity Bill, Aadhar Card |
Photo Id | Pan Card, Adhar Card |
Bank Proof | Bank Pass Book or Statement & Bank A/c Cross Cheque. |
Photo | 3 Photos |
Guarantors | Two Guarantors |
Other Papers | 1. Shop establishment act license (Gumasta license) 2. Declaration 3. Stock Statement 4. Stock Insurance Policy 5. Collateral Security |