Eligibility criteria

Everyone who meet the five basic criteria below are eligible for business loan

  • Nationality should be Indian.
  • Minimum age: 24 years and Maximum age: 70 years
  • Business vintage should be 1 year or above.
  • CIBIL score should be 750 or above.
  • Business must be profitable for the past 2 years.

Additional criteria: The applicant must own a residence, shop, office or godown.

Documents required

Below are the documents required for completing your application process

  • KYC documents (Aadhar card / Voter’s ID / Passport / PAN card).
  • Proof of business ownership (Trade licence/ITR/Establishment/Sales tax certificate).
  • Income proof (ITRs and computation/ balance sheet (audited by a registered CA)/ P/L.
  • Profit/Loss statement for the past two years).
  • Last 6 months bank statement.
₹
%


(Principal + Interest)

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