Working Capital Finance

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DOCUMENTS REQUIRED FOR WORKING CAPITAL LOANS

1.	Loan Application form
2.	KYC (applicant & co-applicant) -	Individuals : latest passport size photograph of applicant & all co-applicant’s duly signed Id proof - Aadhar card (UID), clear copy of pan card/passport/driving licence. (Pancard must or Pancard issuing letter) Signature proof – clear copy of pan card/bankers verification/passport/driving licence. Address proof - Aadhar card (UID), latest post paid telephone bill and electricity bill/ valid rent agreement. Partnership firm ID proof of firm - firm pan card (clear copy of pan card or pan card issuing letter) Office address proof -latest post paid telephone bill (must) and electricity bill valid rent agreement. Partnership deed and partnership registration certificate. Pvt.Ltd & Public Ltd Companies Company id proof – clear copy of company’s pan card must required. Address proof latest post paid telephone bill and electricity bill valid rent agreement. Business proo MOA & AOA incorporation certificate business commencement certificate (for ltd. Company) board resolutio share holding pattern (C.A/C.S certified) ROC annual return form no. 32. (if director change) DIN no. Certificate list of directors on company letter head Note- GST/ trade licence/sales tax no./vat tax no./service tax no./excise no. Etc. (any one)
3.	Income Documents-	Proprietorship firm & Partnership firm CMA DATA & project report (if any) Debtors & creditors certificate Turnover C.A certified certificate /GST return (YTD) Latest 3 years ITR acknowledgement copy of applicant & all co-applicant Computation of income, trading & profit & loss a/c, & balance sheet with all annexures (for non-audited- C.A certified with membership no.) Annual audit report & tax audit report in case of audited firm. Form 16 a (TDS certificate), if applicable. Net worth Certificates of proprietor, all partners, guarantors. Pvt. Ltd. & Public Ltd. Companies CMA DATA & Project Report (if Any) Latest 3 years ITR acknowledgement copy of companies & all the directors Latest 3 years annual audit report & tax audit report with articles 3cb & 2d, 3cd must be required. Form 16 a (TDS certificate), if applicable. Net Worth Certificates of Guarantors.
4.	Banking	Individual: latest 180 days major current A/c , Cash Credit a/c , OD A/c statement (in case of switching over bank) (applicant & all co-applicants) Loan statement & NOC documents – all running loan statement starting to till date & latest closed loan NOC Partnership firm Primary banking - latest 365 days major account, Current A/c, Cash Credit A/c, OD A/c statement. Secondary banking - latest 180 days major saving A/c (Applicant & all Co-applicant) Loan statement & NOC documents - all running loan statement starting to till date & latest closed loan NOC Pvt. Ltd & Public Ltd Companies Primary banking - latest 365 days major A/c , CC A/c , OD A/c statement. Secondary banking - latest 180 days major saving a/c applicant & all directors saving A/c statement) Loan statement & NOC - all running loan statement starting to till date & latest closed loan NOC.
5.	Property documents for security purpose -	Previous & current sales deed Plant & machinery list Plant & machinery current valuation report Margin money Property photographs Previous property search & valuation report
6.	Other business relevant documents -	Business profile of firm / company Profile of promoters/ guarantors Corporate brochure Business experience supporting documents Business references