AXIS Bank Business Loan
Documents Required
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KYC of applicant & Co-Applicant
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Last 3 year ITR with computation of income of applicant & co-applicant
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Last 3 year audited balance sheet of applicant
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Last 3 year Tax audit report of applicant
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Last 12 month Bank Statement of applicant & co-applicant
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26AS of last 2 year of applicant & co-applicant
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Copy of GST registration
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Copy of MSME registration
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Copy of Last 12 month GST return
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Sanction letter of all running loan
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Debt Sheet
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Latest utility Bill of residence if owned or rent agreement if rented
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Latest utility Bill of Office if owned or rent agreement if rented
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2 Reference with contact details
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Last 3 year Debtors & Creditors on letter head
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List of Directors & Shareholders, if applicant if Company or List of Partners if applicant is Partnership firm/LLP
Some Important Points
If Applicant is
- Company-MOA, AOA, COI , PAN Card
- Partnership Firm/LLP- Partnership Deed & PAN Card
- Proprietorship Firm- PAN Card, Adhaar Card, Passport size photo
- KYC means Adhaar Card, PAN Card, Passport Size Photo
- Company : Directors
- Partnership firm/LLP : Partners
- Proprietorship Firm : Spouse of Proprietor
About AXIS Bank Business Loan
Axis Bank, the third-largest private bank in India, has a worldwide reach to serve its vast customer base. Both the business sector and the retail sector can benefit from its various financing options.
Axis Bank is offering a collateral-free, EMI-based loan to a business entity seeking to expand and advance its current operations. At reasonable rates, the loan is accessible up to a maximum value of Rs. 50 Lakh. The processing fee varies from 1.25% to 1.50% of the permitted loan amount and is based on a number of variables. The borrower must pay an extra 2% p.a. in interest if an installment is missed. However, the costs and specifics of the foreclosure are not publicized. Take advantage of this facility to put it to business use and profit from the offerings.
Here are a few factors about Axis Bank Business Loans
AXIS Bank is the third largest bank in India and has a huge variety of financial services being offered to its customers. So when you are going to start a new Business, then you surely should consider taking Business loans. And just go through the features and benefits of axis bank Business loans to learn about their current offers. Some of the main benefits of taking a Business loan from axis bank are less rate of interest and minimal documentation. Along with offering amazing interest rates, axis bank gets you the loan amount within just 24-48 hours after you apply.Save Your Time with a Simple Loan Process
Visit Our Website
For the first step, you will have to visit our website to explore the loan options that fit your needs.
Select and Apply
Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.
Submit Your Document
One of the most important steps. Now you will have to submit all the required documents digitally.
Enjoy Your Financial Freedom!
Once your application is approved based on your eligibility, you will receive your loan amount shortly.