Skip to content
Business Loan:
Business Loan Eligibility Criteria: The eligibility criteria for business loans usually vary from lender to lender and from case to case.
- Age: 21 years to 65 years
- Business vintage: minimum 1 year or above
- Must have maintained average bank balance
- Credit score must be above 650
- Maintained a good credit score
- Clear repayment history
- Must be a Resident Citizen of India
Documents required to apply for business Loan
- KYC – PAN Card, Aadhaar Card
- Income Proof – Last 2-3 years ITR with computation
- Photograph – Passport-size photographs
- Bank statement- Last 12 months bank statements
- Buisness Registration proof : GST / MSME / Labour department registration / other registration
- Others as per lender’s requirements.
Fees and Charges for Business Loan
The fees and charges of business loans usually vary from lender to lender and from case to case
