JeevanJyoti FINANCIAL

Phone: (020)-6529-2059

Address: M-304, Second Floor, Mega Center, Hadapsar, Pune 411028.

Business Loan

Business Loan

Capital is a necessary key for the success of a business today. Whether a firm is in proprietorship or big organization, finance holds its development, and managing finance is certainly not a child's play. Managing finance is arguably the most important component of any business. It is essential to make business grow and in capitalizing on investment opportunities. The challenge that companies face is in actually acquiring the money, and in repaying the debt that they owe. Keeping that in mind, banks have come up with products like Business Loan.

Whether you are a new generation entrepreneur venturing into a new business or an established businessman planning for a business expansion. Banks offer loan for both the purposes. Whether its money required for an immediate official extension or it could be the time of recession, when payments don't come on time but the expenditures can't wait. The business loans ease your way through a scary road of financial crisis and open the world of new business heights for you.


Business Loan Documents

Age Proof, Address & ID Proof

  • As per KYC Norms for all the Director / Partner / Proprietor.
  • PAN card Copy of Company ( In case of Pvt Ltd, Ltd or Partner Ship).
  • PAN Card copy of all the Directors / Partners or Proprietor.
  • Current Residence proof of all the Director /Partners / Proprietor.
  • Business Address Proof ( Rent Agreement / if owned then Latest Electricity Bill Copy / Tele Bill copy).
  • Passport size Photograph of all the director / Partner/ Proprietor.

Document for eligibility

  • 3 years Income Tax Returns .
  • 3 Years Tax Audit Report.
  • 3 Years Balance Sheets with all schedules (with debtors, creditors list).
  • Profit and Loss account for the past 3 years.
  • Computation of Income for the past 3 years.

Above documents should be attested by a Chartered Accountant

Other documents

  • MOA / AOA along with certificate of incorporation in case of companies.
  • Bank statements from the Borrower’s main bank account/s for the last 12 months AND 6 months statement required for other bank accounts as mentioned in the B/S [previous month banking required for any case logged after 10th of the running month].
  • OD sanction letter.

Business Continuity Documents: (any one)

  • IT / Sales Tax returns 5 yrs prior.
  • Advance tax challans for a period more than 5 years old.
  • Bank Statements at least one month dated 5 years back.
  • Shops and Establishment certificate.
  • Registered partnership deed or Certificate of Registration issued by Registrar of Firms.
  • For companies - Certificate of Incorporation.

Qualifying documents: (Based on Track Type)

  • Repayment track record (RTR) from an approved financier for last 12 months.
  • If RTR not on record, then last 12 months Bank statements reflecting debits along with the Repayment schedule.
  • OD sanction / renewal letter reflecting OD / CC limit , as per program (If applicable).

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