Application from the Borrower in his own handwriting
Proposal for business loan
Application for business loan
Particulars of guarantors
Requisite license of the shop from local authorities
Copy of the latest tax paid receipt(for 1000 above Rs25000/-only)
Bank pass book-Front page with address & 6 month transaction page
Pan card copy of the borrower
Pass port size photo of both borrower & Guarantor
I.T return of Borrower, if available
Address proof of both borrower & guarantors
Requisite license of the shop from local authorities
Five cheque leaves, with the all the columns, duly filled as detailed below:-
1st Cheque- For the whole loan amount including interest
2Nd Cheque- For 20% of the loan amount including interest
3rd Cheque- For 30% of the loan amount including interest
4th Cheque- For 30% of the loan amount including interest
5th Cheque- For 20% of the loan amount including interest
Demand Promissory Note
Agreement for business loan/li>
Other connected documents
Eligibility Criteria: For business with a minimum track record of 3 years.
Loan above Rs. 1 lakh can also be considered, provided adequate security is there
