Documentation Required for Business Loan in Delhi NCR through LoanMoney

Check out the list of documents required for Business Loans in Delhi NCR through LoanMoney, and apply for your own Business Loan easily.

LaonMoney is an Authorized Direct Selling Agents of various National, Multinational and Non Banking Financial Companies for promoting their sales for asset division. Apply for Business Loan Now

LoanMoney can provide Business Loan from:-

Business Loan from Nationalised Bank: Canara Bank, Allahabad Bank, Andhra Bank, Bank of India, Bank of Maharashtra, Central Bank of India, Dena Bank,IDBI Bank, Jammu and Kashmir Bank, Karnataka Bank, Punjab and Sindh Bank, Syndicate Bank, UCO Bank, Union Bank of India, United Bank of India, Vijiya Bank, State Bank of India, Punjab National Bank and Bank of Baroda.

Business Loan from Private Bank: Bandhan Bank, Corporation Bank, DCB Bank, Federal Bank, IDFC Bank, Indian Bank, Indian Overseas Bank, Oriental Bank of Commerce, South Indian Bank, HDFC Bank, ICICI Bank , Yes Bank, Axis Bank, Kotak Mahindra Bank, Standard Chartered Bank, HSBC Bank, Deutsche Bank, Induslnd Bank and RBL Bank.

Business Loan from Non Banking Financial Company (NBFC): DHFL Home, Indiabulls, Tata Capital, Bajaj Finserv, Capital First, Fullerton India, Aditya Birla Finance, LIC Housing Finance, Magma Fincorp, Reliance Capital and Tata Capital.

LoanMoney will get you an approval in Less Processing Time, Easily Available Loan, Lowers Interest Rates, No Agent or Middleman Charges. Apply for Business Loan Now

Business Loans are offered in two types, Secured and Unsecured.

For a Secured Business loan, the borrower needs to pledge something as collateral or security against the loan amount taken. Be it raw material 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.

In case of unsecured business loans, here is no requirement of any collateral from the borrower. However, while availing an unsecured business loan, the borrower needs to pay a high interest rate. Moreover, the loan amount is taken for a smaller tenure when compared to a secured loan. According to the their tenure, business loans can be further diversified.

To meet the temporary needs of a business like short term working capital, a short term loan is most apt one, with the repayment time period of a year. An Intermediate Loan is necessary for starting up business to buy inventory, equipment and also increase working capital. A Long term is necessary for well established business houses who wish to expand, increase their fixed assets or related business acquisitions,with terms that runs for a period of 3-5 years. Apply for Business Loan Now

Documentation Require for Business Loan:

Proof of Identity (any one)

  • Photo PAN Card
  • Voter's Card
  • Passport.
  • Driving License

Proof of Age

Proof of Signature

  • PAN Card
  • Passport.
  • Banker's verification of signature

Proof of Residence (any one)

  • Utility Bill
  • Rental Agreement

Income Proof

  • Latest 6 months Bank Statement from Operating Account
  • Last 2 years ITR with computation of Income/Certified Financials
  • Proof of Turnover (latest Sales/ Service Tax returns)

Proof of Continuity Current Profession/Business (IT Returns / Certificate of business continuity issued by the bank).

Security Documents (Loan is available only against Collateral Securities)

Mortgage of Immovable Property (Building and non-agricultural land) or National Savings Certificates, Government Bonds, Bank's Term Deposits, Assignment of Life Insurance Policies standing in the name of borrower/ proprietor/partner/ director. Apply for Business Loan Now

Know more about Business Loan

Business Loan

A 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. There are a number of different types of business loans, including bank loans, mezzanine financing, asset-based financing, invoice financing, microloans, business cash advances and cash flow loans.Read more...

Apply Business Loan

Apply for Business Loan with Flexi EMI Options, Minimal Documentation, Less Processing Time, Easily Available Loan, Lowers Interest Rates and No Agent or Middleman Charges.Read more...

Business Loan Interest Rates

Compare business loan interest rates of leading banks NBFCs and process to apply for quick business loans.Read more...

Business Loan Eligibility

Capital is a vital component for the success of commerce today Finance holds the key to its development and needed from inception of business, formation of assets to generate income, running day to day expenses and expansion of sales etc.Read more...

Why choose LoanMoney for taking Business Loan in Delhi NCR through LoanMoney

Running a successful business is not an easy task. There are always ups and downs you will face, as a business owner. LoanMoney understand that meeting every financial need is not simple and sometimes you do need a helping hand.

LoanMoney take special pride in being that institution that can facilitate you when you need help the most.

  • Quick disbursement:Once all your documents are in proper position, your Business Loan can be disbursed within 3 working days.
  • Business Loan Interest Rates: LoanMoney ensures in applying the best market practices and adheres to the principle of giving its valuable customers the best business Loan interest rates.
  • Flexible EMI option: LoanMoney provides you the option and convenience of to customise your monthly Loan repayment instalment that is best suited for your company's cash flow.
  • Less Processing Time LoanMoney guarantees that the processing time involved in getting Business Loan from is very less.
  • Minimum Paperwork LoanMoney ensures that getting a Business Loan does not require verification of any asset or any other kind of proofs and certificates that involve a lot of paperwork.
  • Schemes and Offers LoanMoney keeps you updated with special schemes and offers of for professionals like Chartered Accountants, Doctors and Architects etc.

LoanMoney will get you an approval in quickest possible time. All you need to do is visit LoanMoney.in and fill an enquiry form. You can also drop a mail to info@LoanMoney.in or call to +91-8130 222 111. A LoanMoney representative will get in touch with you and collect your documents from your doorstep. Apply for Business Loan Now

 

Apply Business Loan

 

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Running a business is never an easy task. One is bound to face financial hiccups.
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