Seasonal businesses need working capital loan during their off-season to manufacture their products so that they can sell during the peak season to receive a chunk of payments.
There are several reasons when a business can need a working loan:
Documents required to get the working Capital Loan:
| # | KYC Proof of the applicant: |
|---|---|
| 1 | Passport |
| 2 | Aadhar Card |
| 3 | Driving License |
| 4 | Voter ID Card |
| # | Address proof of the Applicant |
|---|---|
| 1 | Passport |
| 2 | Aadhar Card |
| 3 | Driving License |
| 4 | Voter ID Card |
PAN Card of the Entity/Company/Organization
Last 6 months Bank Statement
Income Tax Return along with the Income Statement. Profit & Loss and Balance Sheet for the last two years. (All Certified by CA Only)
Proof of Uninterrupted Progress (Establishment/Trade/ITR/Sales Tax)
Other Relevant Documents (Partnership Deed, Original Board Resolution, Memorandum (Certified Copy)
Deals with
