Small Business Loan Requirements
Qualification Criteria
- Minimum 1-3 years of business operation
- Annual turnover meets lender’s requirement
- Good credit score (650+ recommended)
- Registered business (GST, Udyam, etc.)
- Stable cash flow & healthy bank transactions
- Minimum profit margin (as per lender’s policy)
Documents Required
- Aadhaar Card, PAN Card, Voter ID (Identity Proof)
- Utility Bill, Rent Agreement, Passport (Address Proof)
- GST Certificate, Udyam Registration, Trade License
- Last 6-12 months bank statements
- Income Tax Returns for last 2-3 years
- Profit & Loss Statement, Balance Sheet (if required)
- Business Plan for higher loan amounts
Key Components of Our Machinery Loan
Purchase New Machinery
Get funding specifically for buying new machinery and equipment.
Easy Repayment Plans
Repay the loan with flexible terms tailored to your financial situation.
Quick Approval
Get your loan approved quickly to avoid delays in equipment procurement.
Competitive Interest Rates
Enjoy low rates designed for machinery purchases.
Calculate Your Loan
Adjust the amount, tenure, and interest rate to calculate your monthly payments and total amount payable.
Loan Amount
₹16,21,212
Tenure (Months)
24 M
Interest Rate
15.5 %