Business Loan in Bangalore

Businesses require a sufficient amount of capital to fund startup expansions or expenses. Most of the companies take business loans to gain the financial assistance they need. A business loan is a credit that the company is pledged to repay based on the bank’s loan’s terms and conditions. Before approaching a lender for a loan, it is essential for the business owners understand the terms and condition of the loan.

A business loan is borrowed capital that companies often use to pay for a major investment or expenses. Usually business owners use business loans to pay for inventory, wages, salaries or business projects. Lenders want to know how the business owners use the borrowed money, so you must make sure to have a clear outline of loan amount spent.

Business loan Bangalore allows companies to have a chance at success. Business loans are in high demand and there are numerous company who applies for a loan but they won’t receive it. When a business owner applies for the loan, the lenders check the company‚Äôs, history, annual turnover, debt amount and the risk factor associated with business. Risky businesses, such as establishing or startup companies, are often not been approved for the loan.

Business Loan In Bangalore Offered by Various Banks

  • HDFC Bank business loan in bangalore
  • ICICI Bank business loan in bangalore
  • Bajaj Finserv business loan in bangalore
  • Standard chartered bank business loan in bangalore
  • Axis bank business loan in bangalore
  • kotak bank business loan in bangalore

Business Loan Bangalore Benefits:

  • Highly competitive personal loan interest rates
  • Special offers on rates.
  • Personal loan eligibility in one call. (approximate )
  • Special offers for women
  • Tenure- max 6 years(select banks)

Business Loan Bangalore Documentations for Proprietorship Company

  • Proprietor Pan card
  • Govt id proof
  • Residential address proof
  • Office address proof
  • Office registration copy
  • Own property proof (tax paid receipts/e bill /water bill / sale deed)
  • 3 years ITR
  • 6 MONTHS Bank statement
  • Vat100 or service tax return
  • Loan station letter if any

Business Loan Bangalore Documentation for Partnership Company

  • Firm pan
  • Partnership deed
  • All partner kyc
  • Own property proof
  • 3 years ITR
  • INDIVIDUAL Bank statement
  • Vat100 or service tax return
  • Loan station letter if any

Business Loan Bangalore Document for private LTD Company

  • Company Pan
  • MOA & AOA With incorporation letter
  • Office address proof
  • All directors kyc
  • Owned property
  • Individual 3 years ITR
  • INDIVIDUAL 6 Months Bank statements