Business Loan 

Business Loan Mohali | Interest Rates | Documents | Eligibility | Apply

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Business Loans In Mohali: 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 Mohali.

Business loan helpful for start up a business, maintaining your existing business expenses or company- eg pay for premises, new equipment, renovation, advertising and more. Business loan for Hotel and Restaurant in your city check emi,eligibility and more.

Who is Eligible for business loan in Mohali?
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 Mohali
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 Mohali

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

Click here for – Check Interest Rates on Business Loans in Mohali

Documents required for business loan in Mohali:

  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

Calculate monthly emi – Business Loans EMI Calculator

Banks Address for Business loans in Mohali:


State bank of India: Sco-35, Phase-1, S.A.S. Nagar, Chandigarh 160055
Idbi Bank Ltd: Scf-58, Phase-3-B-2, Mohali, Mohali, Chandigarh, 160055
Axis Bank: SCF 113 & SCF 114, Sector 61 SAS Nagar 160062,, Phase 7, Mohali, Punjab
Indian Overseas Bank: SCO 23, Phase I, Sector 53, Sahibzada Ajit Singh Nagar, Mohali, Punjab, 160051
Corporation Bank: Phase 10, Sector 64, Mohali, Chandigarh 160047
Kotak Mahindra Bank: S.c.f. 108,phase -3-b-2,mohali,punjab – 160 062, Chandigarh, Punjab 160062

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