Documents Required For Business Loan

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Proof of individual’s identity (any one of the following).

Passport

Photo PAN card

Driving licence

Voter’s identity card

Photo ration card

Defence identity card

Government identity card

Proof of residence (any one of the following)

Passport

Telephone (land/mobile) bill

Electricity bill

Voter’s identity card

Ration card

Driving Licence

Proof of age (any one of the following)

Passport

Birth certificate

School leaving certificate

Voter’s identity card

Driving Licence

Other Documents

Salaried individuals

Latest salary slip

Form 16 (Declaration from the employer giving the details of income and deductions, duly signed by an authorised signatory of the Company) OR Latest acknowledged IT returns

Bank statements for the last 3 months

Self-employed individuals / Proprietor

Computation of income + P&L OR P&L and Balance sheet certified by a C.A.

Copies of acknowledged IT returns for the last 2 years

Bank statements for the last 6 months

Partnerships (Loans will be extended in favor of partners)

Computation of income + P&L OR P&L and Balance sheet certified by a C.A.

Copies of acknowledged IT returns for the last 2 years

Bank statements for the last 6 months

Partnership deed, letter of authority, Proof of office

Private Limited Companies (Loans will be extended in favor of Directors)

Computation of income + P&L OR P&L and Balance sheet certified by a C.A.

Copies of acknowledged IT returns for the last 2 years

Bank statements for the last 6 months

Memorandum and Articles of Association

Board resolution

Authority letter from all directors to accompany the application form with photographs of authorized signatories if not specified in the board

Proof of office

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