Business Loan Patiala | Interest Rates | Documents | Eligibility | Apply
Business Loans In Patiala: 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 Patiala.
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 Patiala?
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.
- Type of the business- Ie Proprietorship, Partnership, Pvt Ltd or Public Ltd.
- Turnover of the business.
- Profit of the business.
- Cash flow of the business.
- Track record and type of business.
How much Business loan you can get in Patiala
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 Patiala
There are various Banks that can give me loan. The lists are as follows:
- HDFC Bank
- ING Vysya Bank
- ICICI Bank
- Standard Chartered Bank
- SMFG India
Click here for – Check Interest Rates on Business Loans in Patiala
Documents required for business loan in Patiala:
- ID Proof
- Address Proof
- Proof of Continuity Of Business
- Bank Statement 6 Months
- Board Resolution (If pvt ltd co. is co-borrower/Partnership Authorization Letter {if partnership firm is co-borrower}
- ITR & Statement Of Computation of Income – for last 2 Years
- 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
- Latest ITR of Co-Applicants – For last 2 Years
- Ownership Proof of Residence or Office
Calculate monthly emi – Business Loans EMI Calculator
Banks Address for Business loans in Patiala:
State Bank of Patiala: The Mall, Patiala, Punjab 140104
Union Bank Of India: 144 A,Mall Road,Chotti Baradari,Patiyala, Punjab,147001
Axis Bank: 4464/5, Rajwara Road, Opposite Head Post Office, The Mall Road, NH 64, -147001, Patiala, Punjab
State Bank Of India: Model Towen, Adalat Bazar,Patiala, Punjab,147001
Punjab National Bank: Adarsh Colony, Urban State Phase 2, Prem Nagar, Patiala, Punjab 147004
Indian Bank: Adalat Bazar, Near Ac Market, Adalat Bazar, Patiyala, Punjab 147001
Central Bank Of India: Adalat Bazar, Patiyala, Punjab 147001
