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IDFC FIRST Bank

Business Loans

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Loan Up To

Rs.3500000
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Min ROI

12.00%
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Max Tenure

84 MONTH
Apply Now · Terms & Conditions Apply

Features And Benefits

  • Collateral-free funding up to ₹1 crore
  • Flexibility to choose between Term Loan and Dropline Overdraft
  • Quick eligibility up to ₹50 lakhs basis banking

Eligibility Criteria

  • Minimum turnover of 71 crore
  • Minimum business vintage of 3 years
  • Minimum - 28 years
  • Positive net worth and cash profit in last 2 years
  • Maximum - 68 years (at the time of loan maturity)

Documents Required

  • Proptership firm
  • Shop Act license
  • GST certificate
  • Pan card
  • Aadhar card
  • Ownership proof (Electricity bill / Index 2)
  • Latest 2 years CA certified ITR
  • Last 1 year current account statement ( + Jan 2020 to March 2020 Statement)
  • GST returns- 3B ( from Feb 2020 to latest available filing)
  • 2 Passport Size photograph
  • OD/CC/ Live Loan Sanction letters
  • Partnership firm
  • Company pan card
  • GST certificate
  • Pan card (All partner)
  • Aadhar card (All partner)
  • Ownership proof (Electricity bill/ Index 2)
  • Latest 2 years CA certified ITR
  • 1 year current account bank statement( + Jan 20 to March 20 Statement)
  • 2 photographs.
  • List of partner and shareholding percentage on company letter head
  • BO on company letter head
  • GST returns - 3B (from April 20 to lasted filing date)
  • OD/CC/ Live Loan Sanction letters
  • Private Limited
  • Company pan card
  • MOA, AOI, COI
  • Gst certificate
  • Pan card (All Director)
  • Aadhar card (All Director)
  • Ownership proof (Electricity bill/ Index 2)
  • Latest 2 year CA certified ITR )
  • 1 year current account bank statement (+ Jan 20 to March 20 Statement)
  • 2 photographs
  • List of partner and shareholding percentage on company letter head
  • BO on company letter head
  • GST Returns 3B( from April 20 to latest available filing )
  • OD/CC/ Live Loan Sanction letters