Expand your business!

No longer do you have to stifle your creative ideas. With funds at your disposal, you can now expand your business without hesitation. So the Business Loan (I.T.R Loan) is just few steps ahead of you, follow the following steps and formalities required to get a Business Loan (I.T.R) from us (it's very easy, just take the steps..)

The Document Required

01.) 5 Photographs
02.) Address Proof
03.) I.D Proof
04.) 2 Stamp Papers of Rs. 50/-in favor of applicant.
05.) Bank Statement of last six month.
06.) File charges ... ... ...
Types of Guarantors Requires 

01.)Government Guarantor
02.) Private Limited Guarantor
03.) Property Guarantors
Documents Valid As Address Proof

The company accepts following document from the client side in the case of loan-

01.) Rashan Card
02.) Electricity Bill
03.) Mobile Bill
04.) Land Line Bill
05.) Passport 
06.) Mool Niwas Patra
07.) House Tax Slip 
08.) Water Bill 
09.) Gas Bill
Documents Valid as I.D Proof

01.) PAN Card
02.) Voter Card
03.) driving License
04.) Job certificate (at present) issued from company in which works
05.) College Identity Card
Documents of Guarantors Required

01.) 5 Recent Photograph
02.) Address Proof
03.) I.D Proof
04.) Processing Fee (According to amount loan)
05.) Rate of Interest (R.O.I) 4% P.A
06.) E.M.I (according to tenure & amount of Loan)
In case of Government Guarantor and private Limited

01.) 2 months pay slip/ Bank pass book photocopy
02.) H.O.D & salary in charge signature along with his/her stamp on official undertaking Bond page no. X2 is a compulsory
03.) 6 stamp paper of Rs. 50/-in favor of Guarantor. With name, address, father name & city with Pin. No. (these must have a signature & Thumb impression and Public Notary)
04.) One photograph of each family member (above 18 years)(only in case of private limited guarantor)
(Above mentioned Terms & Conditions may change from time to time as per firm/company policy without any prior information) Terms & Conditions

01.) Disbursement of loan will be subjected to the condition at the time of disbursement.
02.) Final approval/section will be issued subject to fulfillment of existing terms & conditions of apply/search Report Compulsory. 
03.) Only 50% of net salary of Government Guarantor can be treated as EML.
04.) Net salary of Government Guarantor must be doubled from the E.M.I of loanee, if salary of Government Guarantor is less than double, then amount will be reduced.
05.) Advance E.M.I installment will be recovered from all the applicants/loanee, if applicant depositing their E.M.I without bouncing till completion of Loan. On demand, company can provide loan equal to double in future in case a single bouncing, this facility will not b applicable then.
06.) Company will accept only those applicant & Guarantor whose age should be 18 to 60 years.
07.) In case of Property Guarantor, the Property of any Blood relative will not be accepted.