Business Loan Documentation

Business Loan Documentation

Common Documents list
  • The Signed application form duly filled with photograph(Applicant & Co Applicant)
  • Identity proof (Pan Card/Passport/Voter ID/ Driving license)
  • Signature proof. (Valid passport/ Pan Card/ Banker’s verification letter.)
  • Age proof (Passport/Pan Card/10th marks card/Birth Certificate.)
  • Residence Proof – (Passport/ Utility bills/ Bank Statements/Voter ID /latest telephone bill/)
  • Cheque of Processing Fee.
Documents Required for Self Employed Individuals/ Proprietorship
  • Prof of Business- Shop and Establishment Certificate/Vat Registration Certificate/ Service Tax Certificate.
  • Latest 6 to 12 months bank statement- Savings Account and Current Account.
  • Income Tax Returns for last 3 years duly certified by a CA
  • Balance sheet for last 3 years
  • Profit and loss statement for last 3 years
  • Annexure, Form 16 A
  • Business profile on the letterhead of the company.
  • Existing Loans’ Sanction letters accompanied with repayment track.
Documents Required for Self Employed Individuals – Professionals
  • Prof of Business- Shop and Establishment Certificate/Vat Registration Certificate/ Service Tax Certificate.
  • Business profile on the letterhead of the company.
  • Existing Loans’ Sanction letters accompanied with repayment track.
  • Latest 6 to 12 months bank statement- Savings Account and Current Account.
  • Income Tax Returns for last 3 years duly certified by a CA
  • Balance sheet for last 3 years
  • Profit and loss statement for last 3 years
  • Annexure, Form 16 A
  • Professional certificate
Documents Required for Partnership Firm/ Partnership LLP
  • Age proof of all the partners in the form of PAN Card, Passport or Adar Card.
  • PAN Card of the company.
  • Residence proof of all the partners –Utility Bills/ Passport/Bank statement/ Registered rent agreement.
  • Proof of Business- Shop and Establishment Certificate/Vat Registration Certificate/ Service Tax Certificate.
  • Latest 3 years Income Tax returns with profit and loss and balance sheet duly audited by CA.
  • All partner latest 3 years Income Tax returns with profit and loss and balance sheet duly audited by CA
  • Latest 12 months bank statement of the Company and of the Partners’ Savings Bank Account.
  • MOA and AOA
  • Partnership deed.
  • Existing Loans’ Sanction letters accompanied with repayment track.
  • Business profile on the letterhead of the company.
Documents Required for Private Limited / Limited Company
  • Application form duly filled with photographs of directors.
  • Age Proof of Directors- PAN Card, Aadhar Card, and passport.
  • Residence Proof of Directors- Utility Bills/ Passport/Bank statement/ Registered rent agreement.
  • PAN Card of Company.
  • Proof of Business- Shop and Establishment Certificate/Vat Registration Certificate/ Service Tax Certificate.
  • MOA, AOA, List of Directors, Share Holding Pattern of the Company.
  • Last 3 years IT returns with Profit and Loss account and balance sheet duly audited by CA.
  • Latest 12 months bank statement of Company of all current accounts and the same for Director’s Savings Bank Account.
  • Existing Loans’ sanction letter with repayment track of company and Individual Directors.
  • Business Profile on the Letter Head of the Company.
NOTE : 

The list of documents mentioned is indicative. During loan processing additional documents may be asked for .The same will be appropriately communicated to you as and when required.