Business Loan Nagpur

Business Loan Nagpur
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 Nagpur.

Eligibility for business loan in Nagpur
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 Nagpur?
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 Nagpur
There are various Banks that can give me loan. The lists are as follows:

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 Nagpur :

Bank name Address
SBI Bank Kingsway, Nagpur, 440001
ICICI Bank First Floor, Shreejikrupa, Complex, New Itwari Road, Nagpur – 440002
YES Bank Zingabai Takli, Geeta Nagar, Pawansutra Society, Parat Chowk, Near Sumitra Clinic, Nagpur 440030.
RBL Bank The RBL Bank Ltd , 3 4 5 Aditya enclave Central Bazar Road Opp. Somalwar High School Ramdaspeth, Nagpur, Maharashtra, 440010.
Indusind Bank Shri Swami Plaza, 97, East High Court Road, Ramdas Peth, Nagpur 440 010.
HDFC Bank HDFC Bank Limited Ground Floor, Status Enclave, Nr Ayachit Mandir Bus Stand Lakda Pul, Mahal, Nagpur 440032 Maharashtra India.
Axis Bank 1St Floor,Mohar, 17 Hindustan Colony, Opp Sai Mandir,Wardha Road, Nagpur
Standard Chartered Bank Ground Floor, Bhaskar Complex, Near MLA Hostel, Civil Lines, Nagpur 440001.
Bank Of Maharashtra Mahabank Building, Abhyankar Road, Sitaburdi, Nagpur 440012

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