Business Loan in Delhi

Click to apply for Business Loan in Delhibusiness loan in delhi

For a Business loan in Delhi, the borrower needs to pledge something as collateral or security against the loan amount taken. Be it raw materials or finished products, land, or machinery, anything can be kept as collateral in agreement with the lending party. The borrower can also offer cash advance as collateral as it offers more liquidity and the loan can be availed at lower interest rates and flexible repayment options. Indexia Finance provides Business Loan in Delhi, which means we provide at your doorstep facility, as now the right bank will come to your doorstep.

Business Loan are offered in two types

1.    Secured and

2.    Unsecured

Eligibility Criteria for Business Loan Delhi

The applicant must meet the below eligibility criteria:

  • Minimum age 21 years
  • Maximum age 65 years
  • Minimum income (annual) Rs. 4,00,000/-
  • Minimum loan amount Rs. 100,000/-
  • Maximum loan amount Rs. 2,00,00,000
  • Minimum years of business existence 3 Years
  • Minimum loan tenure 1 year
  • Maximum loan tenure 5 year

Required Documents for Business Loan Delhi

The documents required are as below;

Common Documents

  • Two photographs of each applicant & co-applicant
  • Pan Card Copy each applicant & co-applicant
  • Aadhaar Card of each applicant & co-applicant
  • Utility Bill of office and current residence (latest month) each applicant & co-applicant

Income Documents

  • 3 years ITR, computation of income, P&L, Balance sheet, all annexure & schedule. List. (self & CA attested)
  • Sales & Purchase Summary – last 3 years (till date)
  • & Cr. List – last 3 years (till date)
  • The last 12 months’ bank statement of the company and all the EMI reflections if any loans going on
  • Sanction letter of all Loans & OD/CC (if any)

Additional Documents

  • Pan card copy of Company
  • MOA & AOA copy / Partnership Deed
  • List of Directors/ Partners & Shareholders
  • Business Proof (Shop & Establishment Certificate, VAT, Sales Tax, GST, Service Tax, IEC)
  • GST Certificate of the Company

Apply now for the best business loan in Delhi that suits your business needs.