NOW GETTING YOUR UNSECURED BUSINESS OR PERSONAL LOAN IS EVEN EASIER!

FAQ

Most frequent questions and answers

business loan is a loan specifically intended for business purposes. As with all loans, it involves the creation of a debt, which will be repaid with added interest.

To avail a business loan, an applicant needs to provide the following documents as per the lender’s requirements.

  • Identity Proof: Driving License / PAN Card / Passport / Voters ID Card / Aadhaar Card.
  • Address Proof: Ration Card /Telephone Bill / Electricity Bill / Passport / Trade license / Lease agreement / Sales Tax certificate.
  • Income Proof: Bank Statement of Last 2 Years.
  • Financial Documents: Last 2 Years ITR along with computation of Balance Sheet, income & Profit & Loss a/c for the last 2 yrs.
  • Proof of Business Continuation
  • Business Ownership[ Proof: Other Mandatory Documents such as Sole Proprietorship Declaration, Certified true copy of Memorandum & Articles of Association
  • Last 3 years audited financials.
  • and do remember that a CIBIL score above 700 is required.

It is a matter of  your location, it could from 3 to up to 5 business days to disbursement.

Simply put, it is an unsecured loan taken by salaried individuals from a bank or a non-banking financial company (NBFC) to meet their personal needs. 

To avail a personal loan, an applicant needs to provide the following documents as per the lender’s requirements.

  • Identity Proof: Driving License / PAN Card / Passport / Voters ID Card / Aadhaar Card.
  • Address Proof: Ration Card /Telephone Bill / Electricity Bill / Passport / Trade license / Lease agreement / Sales Tax certificate.
  • Income Proof: Bank Statement of Last 6 months.
  • Financial Documents: Last 3 months salary slip with 2  Years ITR along with form 16 (if applicable).
  • Proof of Job Continuation : Office ID card.
  • Job Details Proof: Joining Letter
  • and do remember that a CIBIL score above 700 is required.

No, there is no fee even after you get the loan. This Service is totally free of Cost.