Check your Working Capital Finance Eligibility

Working Capital Finance Eligibility

• Working Capital Loans = Financial assessment & Valuation of property provided as security
• Age limit 18 - 70 years for Working Capital Loan. However, some banks Have different age limits for self-employed and self-employed professionals.
• Sole proprietorship, Partnerships, Private and Public Limited Companies are eligible for Working Capital Finance.
• Working Capital Finance can be arranged for new business entities also.

Documents Required For Working Capital Finance

• Filled Application form
• Passport size Photograph
• Proof of Income: IT returns for the last 3 years along with computation of income certified by CA.
• Last 12-months bank statement for operative account both professional and business.
Proof of residence: Latest electricity bill / Utility bill piped gas bill / telephone bill /Passport / Registered lease agreement with a utility bill in the name of landlord.
Proof of Business: Shop and Establishment certificate / Vat registration certificate / Service tax Certificate
• Voter’s ID/Pan Card/Valid Passport/Aadhar Card/Valid driving license with photograph.
• Copies of all property documents of the concern property that you chose pledge for the loan.
• Property documents, Property tax receipts, Approved construction/building plan.
• Pan Card required (In Partnership, Pvt Ltd. Firm )