Business Loan 

Business Loan in Delhi | Interest rates | Information

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Business Loans In Delhi: Get Best and lowest rates on loans with Maximum loan amount and less documentations. Apply online for getting self employed, small business loans online in Delhi.
Who is Eligible for business loan in Delhi?
Any person who is running a legitimate business with good earnings can go for a business loan. Banks have certain criteria to validate on how much and whom to give. This is on the basis on.

  1. Type of the business- Ie Proprietorship, Partnership, Pvt Ltd or Public Ltd.
  2. Turnover of the business.
  3. Profit of the business.
  4. Cash flow of the business.
  5. Track record and type of business.

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Loan Amount

How much Business loan you can get in Delhi
Based on the profit and years of business and cash flow- Banks come out with eligibility of the loan amount it can give to business. This is based on how much profit he is making and how he can manage to pay the emi with the cash flow.

Banks which Provides Business loans in Delhi

There are various Banks that can give me loan. The lists are as follows:

  1. HDFC Bank
  2. ING Vysya Bank
  3. ICICI Bank
  4. Standard Chartered Bank
  5. SMFG India

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Documents required for business loan in Delhi:

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

Banks Address for Business loans in Delhi:
HDFC LTD: 23-28, Majestic Tower,, Upper Ground Floor, Community Centre, Vikas Puri, New Delhi
Corporation Bank: 10 Local Shopping Center, Gujranwala Town-I, Kamala Nagar, Kamala Nagar,New Delhi
State Bank of India: F- 149, Mangal Bhazar,New Patpar Ganj Road, Laxmi Nagar, New Delhi,Delhi49 MANGAL BHAZAR LAXMI NAGAR DELHI, Middle Cir, Block M, Connaught Place, New Delhi
Punjab National Bank: 7, Africa Ave, Bhikaji Cama Place, Safdarjung Enclave, New Delhi

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