Auto Loan Based BUSINESS LOAN IN CHENNAI - WWW.LOANINCHENNAI.COM
| Turn Over | Min 40L |
| Net profit | No issues |
| Business Stability | 5 Yrs |
| Own Property | Any one |
| Rate of Interest | 14% to 18 % |
| Eligibility Calculation | |
| CASH FLOW | Net profit- Tax + 50% of Deprecation + Interest on Capital + Partner's Salary = CASH FLOW |
| DSCR | Existing Loan Emi * Remaining Months or 12 Months |
| Eligibility Criteria | DSCR/CASH FLOW = 1 % and Above |
| Multiplier Calculation | Eligibility Criteria * 1.75 and High Profile Means - multiplier 2 |
| Document Required | |
| (1) 2 Yrs company I T | |
| (2) 2 Yrs Individual I T of Major Partner | |
| (3) 6 Months Current Account bank Statement | |
| (4) Partnership deed | |
| (5) Company Pan Card | |
| (6) Partner Pan Card | |
| (7) Partner's Own House Proof or Shop | |
| (8) Loan Schedule's | |
| (9) KYC of ALL PARTNERS |
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