Business loan for PRIVATE LIMITED COMPANY
Turn Over | Min 40L - (NP and TO SAME ) |
Net profit | Min 40 L (NP and TO SAME ) |
Business Stability | 5 Yrs |
Own Property | Any one |
Rate of Interest | 14% to 18 % |
Eligibility Calculation | |
CASH FLOW | Net profit- Tax + 50% of Deperecation + Partnar's Salary = CASH FLOW |
DSCR | Existing Loan Emi * Remining 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 | |
(10) MOA - MEMORANDUM OF ARTICLE |
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