Business Loan
Any other enquiry please Call:- 9713-1111-02 Business Loan Eligibility Criteria Age Criteria: Minimum 18 years & maximum 65 years.Applicant with good credit score and no past loan defaults, if anyMinimum Annual Turnover of Rs. 10 lakh for existing enterprisesBelow mentioned are the entities that can avail business loan: IndividualsStartup EnterprisesMSMEsArtisans, Retailers, Manufacturers and TradersPrivate and Public Limited CompaniesClosely Held Limited CompaniesSole Proprietorship Firms, Partnerships, Limited Liability Partnerships and Large Enterprises engaged only in Manufacturing, Trading or Services sectorsNGOs, Co-operative Societies and TrustsSelf-employed individuals / Professionals - CAs, Doctors, Architects, Company Secretaries, Allopathic Doctors, Designers, etc.Documents Required for Business Loan ApplicationWhen applying for a business loan, you will need to submit the following documents: Duly filled application form along with 2 passport-sized photographsKYC Documents of the applicant, including PAN card, Passport, Aadhar Card, Driving License, Voter ID card, Utility Bills (Water/Electricity Bills)Last 1 years’ bank statementAnnual Business Turnover: Minimum Rs. 10 lakh or above (for existing businesses or enterprises)Non-Collateral OverdraftCopy of Business Incorporation Please note:- that depending on your individual profile and goBHAIgo policy at the time of loan application, additional documents may be requested.