Documents Required from Applicants

• Completed Retail Loan Application Form
• Copy of PAN Card
• Valid Proof of Residence (Electricity Bill, Aadhaar, Passport, etc.)
• Valid Photo ID Proof (Aadhaar, Voter ID, Passport, etc.)
• Two recent passport-size color photographs
• Introduction by an existing customer (with a minimum 6-month banking relationship) or verification from a scheduled bank
• Bank statement of the past 12 months
• Record of past loan repayments (if any)
• Income Proof:
  • For Salaried: Last 3 months’ salary slips, Form 16, and Income Tax Returns for the last 3 years
  • For Self-Employed/Business Owners: Last 3 years’ ITRs, Profit & Loss Statement, and Balance Sheet
• Copy of Sanction Letter and Loan Account Statement (if applicable)

Documents Required from Guarantors

• PAN Card
• Valid Proof of Residence
• Valid Photo ID Proof
• Two recent passport-size photographs
• Bank statement of the past 12 months
• Income Proof:
  • For Salaried: Last 3 months’ salary slips, Form 16, and ITRs for 3 years
  • For Business Owners: Last 3 years’ ITRs, Profit & Loss Statement, and Balance Sheet

Documents Required for Corporate Loan Application

• Audited Financial Documents:
  • Profit & Loss Account and Balance Sheet (with all schedules) for the last 3 financial years
  • Director's Report (if applicable)
  • Statutory Auditor’s Report
  • Tax Audit Report (if applicable)
• Entity Proof (based on business type):
  • Private/Public Limited Company: Certificate of Incorporation, Memorandum & Articles of Association, Board Resolution
  • Partnership Firm: Registered Partnership Deed
  • Charitable Trust: Registered Trust Deed, Governing Body Resolution
• Details of Top 5 Clients & Top 5 Suppliers:
  • Name, Contact Info (Phone & Address)
  • Transaction details (volume/value-wise) for previous and current financial years
• Bank Statements of Business Entity for last 12 months
• Financials of Associate/Sister Concerns with supporting Bank Statements (if applicable)
• ITR with Computation for last 3 years (Entity and Promoters/Partners/Directors)
• Sanction Letter/Account Statements of Existing Loans (if any)
• Latest Valuation Report of Offered Collateral by Bank-approved Valuer
• Drawing Power Statement as on 31st March and last renewal date
• Detailed Monthly Sales & Purchase Report (Current & Previous FY)
• Stock, Debtors, and Creditors Statement (last month)
• Debtors Ageing Analysis: < 90 days, 90–180 days, 181–365 days, >365 days
• Business Profile: Background, Key Personnel, Line of Business, etc.
• Operational Details: Factory/Office Type (Owned/Rented), Machinery, Workforce, Production Capacity
• Advance Tax Paid Challans & TDS Summary
• Proof of Margin Money Availability (FDs, Liquid Assets, etc.)
• Net Worth Statement of Proprietor / Partners / Directors
• Title Documents of Collateral Security
• Latest Assessment Orders and Tax Filings (Income Tax, VAT, GST, etc.)

To open Savings Account, you just need to provide

• Duly completed account opening form
• Pan card/FORM 60- if, no Pan card
• Proof of residence of the applicant(s)
• Proof of Photo Identification of the applicant(s)
• Two recent passport size color photographs of Partner(s) / Director(s)
• Introduction by an existing customer, whose account is at least 6 months old OR Introduction letter of your existing bank verifying signature
• In case institution, submit following constitutional documents
  • Company : Memorandum & Articles of Association, Resolution
  • Partnership Firm : Partnership Deed, Registration receipt
  • Trust : Trust Deed, Resolution
  • HUF : HUF Deed, Co-parceners letter
• Initial cash deposit

Applicants

• Loan Application Form
• PAN CARD
• Proof of Residence of the applicant(s)
• Proof of Identification of the applicant(s)
• Two recent passport size color photographs
• Introduction by an existing customer, whose account is at least 6 months old OR
• Introduction letter of your existing bank verifying signature
• Bank Statement of last one year
• Repayment track record of previous loans, if any
• Income Proof
  • For Salaried : Salary slips of past 3 months, Form 16 and Income Tax Returns of past 3 years
  • For Businessmen : Income Tax Returns, Profit and Loss Account and Balance Sheet of past 3 years
• Bank Loan statements along with Sanction letter copy

Guarantors

• PAN CARD
• Proof of Residence of the applicant(s)
• Proof of Identification of the applicant(s)
• Two recent passport size color photographs
• Bank Statement of last one year
• Income Proof
  • For Salaried : Salary slips of past 3 months, Form 16 and Income Tax Returns of past 3 years
  • For Businessmen : Income Tax Returns, Profit and Loss Account and Balance Sheet of past 3 years

Applicants

• Submit audited
  • Financial statements (i.e. P & L and Balance Sheet with schedules) for the last 3 years
  • Directors Report (In case of Companies)
  • Auditors Report
  • Tax Audit Report (If applicable)
• In case of Company / Partnership Firm / Charitable Institution, submit following constitutional documents
  • Company : Memorandum & Articles of Association
  • Partnership Firm : Partnership Deed
  • Charitable Institution : Trust Deed
• Details of top 5 clients and 5 suppliers
  • Name, Address, Phone No.
  • Value & quantity wise break up of sales & purchase of previous & current year
• Bank statements of the Applicant (Proprietory / Partnership / Company) for the last 1 year
• Audited Financials with the schedules of associate / sister concern (if any),
• with Bank statement for last 1 year
• Income Tax Returns with computation of Income for last 3 years
• (Proprietorship / Partnership/ Company)
• Income Tax Returns with computation of Income of Individuals for last 3 years
• (Proprietor/ Partners / Directors )
• Copy of the sanction Letter / confidential opinion / bank statement
• (Term Loan / CC) of sanctioned credit facility by any other financial institution
• Valuation Report of security at least once in 3 years by an approved valuer
• Statement of drawing Power twice a year as on 31st March & due date of limit at the
• time of renewal, to suffice the limit
• Statement of last year
  • Sister concerns bank statement
  • Term loan statement (if any)
• Detail sales, purchases on monthly basis for current and previous year
• Statement of stock/ debtors/ creditors of previous month
• Periodic classification of debtors ( < 90 days, 90-180 days, 181 - 365 days and above )
• for previous month and as on last balance sheet
• Brief profile of business and of the Proprietor/ Partner(s) / Director(s)
• Brief on existing setup i.e. Factory / Business premises ( Rented/ ownership), machinery,
• no of employees, capacity, sales price per unit/ cost price per unit and manufacturing process flow chart
• Copy of advance tax paid challan and TDS receivable extract
• Proof of availability of margin in the form of FD’s, liquid cash, etc
• Net worth statement of Partner(s) / Proprietor / Director (s)
• A copy of title documents of collateral security offered
• Status of statutory payments as on date ie. Copy of assessment order of income tax, sales tax, VAT, Service tax and any other tax applicable