Documents

Sole-Proprietorship firm

Partnership firm

Private Limited Co

Require cross sign on photo of Applicant
with Application form
Identification / age proof of directors or partners or individual–
Require Voter ID/DL/Aadhar card/PAN Card/ Passport
Residential Proof of directors or partners or individual –
Electricity Bill/ Bank Passbook/Voter IDD
Company’s Pan Card
Partnership Deed
FRequire MOA/AOA, company’s director and shareholder list
Registration certificate of business
Require latest company bank statements of 1 year and saving account statement of 1 year
Processing fee cheque
(In case if turnover is more than 3 Crore)
Requires last 3 years CA Certified audit report, P & L Account ,balance sheet.
Require GST registration certificate
Running Loans sanction letter/repayment schedule/SOA

* T&C applied and these terms vary from time to time 

Documents required for business loans as per the financial organization’s requirement

Identity Proof: Identity proof such as driving license, your PAN card, Passport, a valid Voter’s ID card or aadhar card.

Address Proof: Address proof such as ration card, electricity bill, telephone bill, sales tax certificate, passport, trade license, lease agreement.

Income Proof: It contains a bank statement of last 2 years.

Financial Documents: Income and profit and loss account for the last 2 years, last two years ITR along with computation of balance sheet.

Proof of Business Continuation

Business Ownership Proof: Declaration of a sole proprietorship, Certified true copy of memorandum and articles of association.

Audit Financials of the last 3 years

Common documentation which is required for a business loan:

Application Form: Your form for a loan application with 1 passport size photograph

Valid Proof of Applicant’s Identity: A Photo, PAN card, MAPIN card, Voter’s identity card, Driving license and Passport

Residence Proof: Electricity Bill, Ration card, Trade license, Telephone Bill, Lease agreement, Passport, Sales Tax certificate

Age proof: Your Passport, Photo PAN card, Voter’s identity card

Financial Documents: Copies of IT returns for the last 2 years with the latest Bank statements for 6 months and Profit and Loss and balance sheet for last two years audited by a certified chartered accountant.

    • Self Employed (Private Ltd. Co. and Partnership Firms):  The Profit & Loss Copies of IT returns for the last 2 years and P & L and balance sheet for last 2 years audited by a chartered accountant.
    • Self Employed Individuals – Professionals:  2 Copies of IT returns of last 2 years and Bank statements for last 6 months and – Professionals: P & L and balance sheet for last two years audited by a chartered accountant
    • Self Employed Individuals – Non Professionals: P & L and balance sheet for the last two years audited by a chartered accountant and Copies of IT returns for the last two years and Bank statements
Required documentation for self-employed:

– Individual Identity proof: Proof to be submitted for the authorized signatories and about 2 directors (which includes the managing director) (any one of the following):, Voter’s identity card, PAN card, Driving license and Passport.

– Proof of Identity of Private Limited Company: IT return of the concern, Water / Electricity / Registration under Shops and Establishment Act, Sales tax/ VAT /Service tax / Excise registration,s PAN ID /Municipal tax bill in the name of the concern, Memorandum and Articles of Association

Required documentation for self-employed individuals that are professionals.

– Identity proof of the sole proprietorship

– PAN ID / IT return of the concern or Municipal tax, Water, Electricity bill in the name of the concern

– identity proof of an Individual to be submitted for the Sole Proprietor: Driving license, Voter’s identity card, Passport, Photo, PAN card.

– Proof of residence address for the Sole Proprietor: Driving license, Ration card, Passport, Voter’s identity card

 

Required Documents by the self- employed individuals which are non- professionals.

– Identity proof of sole ownership.

– 3 years’ returns of income tax.

– 3 years’ sales tax returns.

– A copy of stock.

– Age wise book-debt and statement of creditors for the last 3 months.

– Individual Identity Proof

– Copy of bank statement-last six months or a copy of a bank statement for the term loan.

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