Lending Kart Business Loan
Processing Fee

₹ 2%
Max Tenure

₹ 36 months
Best Rate

₹ 16%
Features
  • No Collateral Required
  • Amount size - Rs. 50,000 to Rs. 1 Crore
  • Repayment tenure – 1 to 36 months
  • Online application and processing in 3 working days
  • Minimal documentation
  • Flexible repayment options (Bi-weekly, Monthly)
Pricing
  • Annual fees – ₹

    Pricing

    • Interest rate – 16-27% per annum
    • Processing fees – 2% of the sanctioned amount
Documents Required
  • Bank Statements – Last 12 Months Current Bank Account Statements of the entity (till latest date) for all accounts/ OD accounts (PDF copies generated through Net banking or email from the bank)
  • Aadhar Card (Front & Back)
  • VAT/Service Tax Returns/GST (whichever applicable) for last 1 year of the entity
  • PAN of the entity and Date of Birth of the proprietor / partners / promoters (in case the application form is not filled)
  • Proof of activity** in case of proprietorship firms and copy of partnership deed in case of partnership firms Documents required for specific applications
  • For clients from Food/Pharma/Chemical/Oil/petroleum industries, relevant statutory licenses might be required
  • Last two year’s detailed ITR computation or Balance Sheet with schedules required for cases, where turnover is more than 1 Cr. Or loan required is more than 10 Lacs.
  • Provisionals may be required deplender_offersending upon the merit of the case.
  • Registration certificate (in the case of a registered concern)
  • Certificate / license issued by the Municipal authorities under Shop & Establishment Act
  • Sales and income tax returns
  • GST/VAT certificate
RBL Business Loan
RBL Business Loan
Star Rating
Processing Fee

₹ 2%
Max Tenure

₹ 12 months
Best Rate

₹ 21%
Features
  • Faster Process & Approvals
  • No Collateral Required
  • Designed exclusively for small businesses
  • Loan tenure of 1 to 2 years
Pricing
  • Annual fees – ₹
    • Interest Rate - 21% (reducing interest rate basis)
    • Processing fee - 2% of the sanctioned amount + GST
Documents Required
  • ID Proof - Pan Card/ Driving License/ Passport/ Voter ID card/ Aadhar card (with Photo)/ Letter issued by Unique Identification authority of India (with Photo)/ NREGA Card(with photo)
  • Address proof: PAN Card, Aadhar Card, Passport, Driving License, Voter ID, Electricity Bill, Rent Agreement
  • PAN Card – For Individual / Partnership Firm / Company, Passport Size Photographs of all applicants & co-applicants
  • Ownership proof of either residence or office (in the name of applicant or jointly with family members)
  • Business Continuity Proof – Any one document dated 5 years old - Bank Statement / Sales Tax Challans / IT Returns / Shops & Est. Certificate / Certificate of Incorporation / Partnership Deed
  • Letter certifying end use of the business loan funds on Business Letterhead
  • Latest audited ITR and financials for the last 3 years. (Balance Sheet, Profit & Loss A/c., Computation of Income along with all schedules.)
  • Partnership Deed and partnership authority letter for partnership firms
  • Memorandum & Articles of Association, Board Resolution and Certificate of Incorporation (COI) for companies
  • Latest shareholding patterns for Private Ltd. / Public Ltd. companies
  • Professional Qualification Certificate and Degree Certificate for professionals
  • Bank statements from the borrower main account/s for last 6 months and 3 months of all other bank accounts mentioned in the Balance Sheet
Allahabad Business Loan
Processing Fee

₹ 2%
Max Tenure

₹ 3 years
Best Rate

₹ 19%
Features
  • Collateral free business loan
  • Best in the segment interest rate
  • Fast and hassle-free process
  • Immidiate decision
Pricing
  • Annual fees – ₹
    • 11% onwards (reducing interest rate basis)
    • Up to 2% of the sanctioned amount + GST
Documents Required
  • Bank statements from the borrower main account/s for last 6 months and 3 months of all other bank accounts mentioned in the Balance Sheet
  • ID Proof: Passport with same/different address, Voter ID with same/different address, Driving License with same/different address, Aadhaar, NREGA, NPR
  • Customer Address Proof: Voter ID with same address, Prop/Municipal Tax receipt, ELECTRICITY BILL-(<2M OLD), TELEPHONE BILL less than 2 Months old , NREGA CARD, PPO( ISSUED BY GOVT/PSU) , LEASED ACCOMO
  • E-Sign
  • Passport Photograph