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Business Loans Chennai

MSME Loans & Non-Banking Financial Services

BUSINESS LOAN

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BUSINESS LOAN

FEATURES

  • Access loans ranging from Rs. 10 lakh to Rs. 5 crores specifically designed for Micro, Small, and Medium Enterprises (MSMEs).
  • Enjoy competitive interest rates that make financing more affordable for your business.
  • Choose flexible repayment terms of up to 60 months, allowing you to manage your cash flow effectively.
  • Experience quick and hassle-free processing, ensuring that you receive funds when you need them most.
  • Benefit from convenient doorstep services, making the loan application process even more accessible.
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ELIGIBILITY

To facilitate the approval of your business loan application, please carefully review the eligibility criteria outlined below:

  • The applicant must have been operational for a minimum of two and a half years and must demonstrate a minimum turnover of one crore.
  • It is imperative that GST returns are filed and paid on a regular basis.
  • Eligible applicants may include Sole Proprietors, Partnership Firms, Private Limited Companies, or Limited Liability Partnerships (LLPs) engaged in Manufacturing, Trading, or Service sectors.
  • The principal applicant must be no less than 25 years of age and must not exceed 70 years of age by the time the loan matures.

Requirements

Identity Proof: PAN Card/Aadhaar Card/Driving License/Passport/Voter's ID
Address Proof: Aadhaar Card/Driving License/Passport/Voter's ID/Bank Statements
OWN Property Proof: Electricity Bill /Latest Property tax bill
Business Registration Proof: Gst Registrations & Udhayam Registrations Certificates
Company KYCs: Company PAN Card & MOA & AOA & Share Holding Pattern /Partnership deed
GST Returns: Last Twelve Months - GST3B
EMI Obligation: Loan Sanction Letters
Financials: Last Two Years ITR full set copies
Banking: Latest OD Sanction letter & Last twelve Months bank statements (Business Accounts)
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