Business Loan Requirements :

Income Documents :

  • If salaried : Salary slips, Form 16 and bank statement.
  • If self employed : ITRs with financial statements, Bank statement.

Checklist of Documents Required for Business Loan Requirements :

  • Documents required for a business loan in India are mentioned below. Each of these are essential for applying a business loan:Address Proof: Electricity bills, water bill, telephone bills etcBank Statement 6 MonthsID Proof: Passport, Voters ID card, Driving License and Pan CardProof of Continuity of BusinessITR & Statement Of Computation of Income – up to 2 YearsBoard Resolution (If pvt ltd co. is Partnership Authorization Letter/ co-borrower {if partnership firm just co-borrower}CA Certified or Audited P/L Acc Statement and schedules of P&L along with Balance Sheet – for last 2 yearsOwnership Proof of Residence or OfficeLatest ITR of the Co-Applicants – For last 2 Years.