Introduction

A bank is a financial institution licensed to receive deposits and make loans. Banks may also provide financial services, such as wealth management, currency exchange and safe deposit boxes. There are two types of banks: commercial/retail banks and investment banks. Normally if a person need Personal Loan, Home Loan, Auto Loan and credit card facility he approach retail banking facility.

Documents Required for Self Employed Individuals – Professionals

  • 1. Proof of identity of sole proprietorship

  • 2. PAN ID / IT return of the concern or Municipal tax, Water, Electricity bill in the name of the concern

  • 3. Individual identity proof to be submitted for the sole proprietor : Passport, Driving license, Voter’s identity card, Photo PAN card.

  • 4. Proof of residence address for the sole Proprietor: Driving license, Ration card, Passport, Voter’s identity card

Documents Required for Self Employed Individuals - Non Professionals

  • 1. Proof of identity of the sole proprietorship

  • 2. Proof of individual identity

  • 3. Three years income tax returns

  • 4. Three years sales tax returns

  • 5. Copy of periodic stock, age wise book-debt and creditors-statement for latest three months

  • 6. Copy of last 6 months bank statement of main banker / copy of bank statement for the term loan

  • Business Loan Application Form is a mandatory document to be filled, it is clear that irrespective of which bank you are look to apply for a business loan, without necessary documentation the request will not be process. Keep these paper works done before approaching the bank.

How to Apply

Simply fill this form and we will guide you with whole process.

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