MSME-Business Loans

GST Business Loan

GST Business Loan

GST loan is a one type of unsecured Business loan / term loan up to Rs.1.00 Cr Amount, this loan will be assessed based on GST returns only. Now days, most of the Public and private sector Banks, Financial institutions offering GST Business Loan for micro, small and medium enterprises.
Loan eligibility will decide on the basis of borrower turnover and GST returns, this loan will more useful to MSME units to get funding for fulfilling their working capital needs.

Documents Required for Verification and Processing

Required Documents

Eligibility
  • Last 12 months GST returns copies
Business Proof Documents
  • Incorporation certificate/Registration certificate, MOA, AOA, GST registration certificate/ Trade License, Certified copy registered partnership deed or sole proprietorship declaration.
Existing Loans sanction letters
  • Sanction Letters of Existing loans and balance outstanding as on the day. Existing loans Repayment track records
ITRs / Income Proof
  • Last 3 years ITRs and Computations. Audited Balance sheets
Bank statements
  • Last 12 months bank statement.
KYC Documents of Directors / Partners
  • Copy of Pan/Aadhar/Passport/Voter Id/Driving License.

Apply Now