Business Loan Indore

Business Loan Indore

Get best and lowest interest rates on business loans with maximum loan amount & less documentation. Apply online for getting self employed, small business loans online in Indore.

Eligibility for business loan in Indore
Any person who is running a legal business with good earnings can go for business loan. Banks have norms for distribution of loans about how much & whom to give. Banks have their own criteria to validate the requirement for business loans. Mostly it is based on,
Type of the business : ie Proprietorship, Partnership, Pvt Ltd. or Public Ltd.
Turnover of the business.
Cash flow of business.
Profit of the business.
Track record & type of business.

How much Business loan you can get in Indore?
Based on profit & years in business and cash flow : Bank come out with an eligibility of the loan amount it can give to business. This loan amount based on how much profit he is making & how a business could manage to pay the emi with a cash flow.
Banks which Provides Business loans in Indore
There are various Banks that can give me loan. The lists are as follows:

1) HDFC LTD
2) ICICI Bank
3) Kotak Mahindra Bank
4) Deutsche Bank
5) Magma Housing
6) RBL Bank
7) Capital First
8) HDB Bank
9) Fulletron India
10) IndusInd Bank

Documents :

  • ID Proof
  • Address Proof
  • 6 Months bank Statement
  • Proof of Continuity Of Business
  • Ownership Proof of Residence or Office
  • Latest ITR of Co-Applicants – For last 2 Years
  • CA Certified or Audited P/L Acc Statement & for >40 Lacs cases Audit report along with schedules of P&L & Balance Sheet for last two years
  • Board Resolution (If pvt ltd co. is co-borrower/Partnership Authorization Letter {if partnership firm is co-borrower}
  • ITR and Statement Of Computation of Income – for last 2 Years

Business Loan Provider Banks in Indore :

Bank name Address
SBI Bank Near Gpo, A. B. Road, Indore, M.P.
ICICI Bank Laxmi Towers, 576, M.g.road, Indore 452001.
YES Bank 9/1/1, Mg Road, Adjoining Treasure Island, Indore 452001.
RBL Bank The RBL Bank Ltd, Shop no3 Ground floor, The Grace Plot no 1&2 Kibe Compound, Indore, MP, 452001.
Indusind Bank Industry House 15 Agra, Mumbai Road, Old Palasia, Indore 452001.
HDFC Bank Ug-1&2,Trade Housesouth Tukoganj, Indore, Madhyapradesh 452001.
Axis Bank 3Rd Floor, Ranka Mansion, 25/3, Yeshwant Niwas Road, Indore.
Standard Chartered Bank D M Towers, 21/1 Race Course Road, Indore 452 001.
Bank Of Maharashtra Maharashtra Sahitya Sabha Bhavan, 688, M.G.Road, Indore 452007

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