Eligibility:-
- You should be in the operational business for a minimum of 2 years.
- You should have a self owned business or residential premise.
- Minimum Income in last two ITR is Rs. 5 Lakh per annum or annual turnover of Rs 5 crore.
- A good CIBIL score and satisfactory credit history
Features:-
- We don’t levy prepayment charges after first month.
- Loan tenure of maximum up to 12 months
- Loan amount up to Rs 200 Lakh (2 cr)
- Quick Disbursal within maximum of 24 Working hours after documentation and producing the storage receipt
- Loan amount up to 70% of the stock value
Required Documents:-
- KYC documents of the applicant and the organization
- ITR or audited financial documents for the last 2 years
- Bank statements for the last 12 months
- Loans or overdraft sanction letters (if any)
- VAT returns for the last 12 months
