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Unsecured Business Loans for Micro & Small Business Enterprises

Loan Amount: Rs. 2 lacs to 100 lacs


Tenure: 30 days to 365 days. Repayment in Equated Monthly Instalments (EMIs)
Rate of Interest (range): 1.50% per month to 2.00% per month
Service/Processing Charges: 2% of the Loan amount. Deducted out of Loan Amount.
Security:

No collateral/ guarantor / security required

No Net Worth certificate required

Easy and quick processing

Minimum documentation

Eligibility: Any Individual/ Proprietor, Partnership firm, self-employed professionals (Doctors,


Architects, etc.), Limited Liability Partnership (LLP), Pvt. Ltd. Company, Limited Company engaged
in e-commerce, retailing, manufacturing, trading, imports/exports, or providing services to
individual / corporate customers.
Purpose of Loan: (indicative)

To meet short term working capital needs

To improve levels of inventory/variety of products

Negotiate better terms with suppliers through bulk purchases/upfront payment

Product promotion

Expansion of existing business etc.


Documentation (required in pdf format)
Sr. No. Proprietorship Partnership Firms Private Limited Co /Limited
Co.
1 KYC Documents of KYC of all Partners KYC of all Directors
Borrower
2 Shop and establishment Shop and establishment / Shop and establishment / VAT/
certificate/VAT/Sales VAT/ Sales Tax Registration Sales Tax Registration Certificate
Tax Registration Certificate
Certificate
3 PAN Card PAN Card of firm and all PAN Card of the Company and all
Partners Directors
4 Last 1 year Bank Last 1 year Bank statement Last 1 year Bank statement of all
statement of all bank of all bank accounts bank accounts
accounts
5 Last 2 years financials Last 2 years financials with Last 2 years financials with audit
with audit report audit report report
6 Two references Two references required Two references required with
required with their with their names, number, their names, number, email id
names, phone number, email id and residential and residential address
email id and residential address
address
7 Borrowers Email ID Firms and all Partners Company Email ID and
and mobile number Email ID and mobile authorised signatorys name and
numbers mobile number
8 COMMISSION 3 % ON LOAN AMOUNT OVER AND ABOVE OF THE
PROCESSING CHARGES.
NO UP FRONT FEES