Business loan

Documents required for a business loan.
The documentation requirements for business loans are minimal. You simply need to hand over the following documents to our representative.

  • Identity proof – Applicants need to provide identification proof with appropriate KYC documents including Aadhaar card, voter ID, PAN card, passport, driving license or any other valid document issued by the government.
  • Address proof – Other than KYC, documents like passport,electricity bill, ration card, telephone bill, lease agreement, trade license or certificate of trade license can be used as address proof when applying for a Tata Finances Services Business Loan. Applicants can also opt for any other document issued by the government as address proof to complete their loan application.
  • Financial documents – The common business loan documents list that self-employed professionals and non-professionals need to submit are as follows.
  1. A copy of Income Tax Return filed for at least one year.
  2. Bank account statement for the last 6 months.
  3. Balance Sheet and Profit & Loss Statement for the previous 2 years, audited by a CA

List of Documents

  • Proof of Identity:- Passport / Driving License / Voters ID / PAN Card (any one)
  • Proof of Residence:- Leave and License Agreement / Utility Bill (not more than 3 months old) / Passport (any one).
  • Latest 3 months Bank Statement (where salary/income is credited).
  • Salary slips for last 3 months.
  • 2 Passport Size photographs
  • We provide Education Loans for students looking to study in India and abroad. You can get a loan starting from Rs. 50,000 at attractive interest rates. Find out the education loan eligibility criteria for availing a business loan.
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