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Business Loan

Are you looking for information about business loans, or do you need help with a specific aspect, such as eligibility, application processes, or finding lenders? Let me know how I can assist you!

Eligibility Criteria:

An business loan is a type of financial assistance provided by banks or financial institutions, businesses, or individuals engaged in business activities.

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Proof of Age: (Any one of the below)
  • Aadhaar Card
  • PAN Card
  • Passport
  • Birth Certificate
  • 10th Class Mark sheet
  • Bank Passbook
  • Driving License
Proof of Residence: (Any one of the below)
  • Bank Passbook
  • Voter’s ID
  • Ration Card
  • Passport
  • Utility bills (Telephone Bill, Electricity Bill, Water Bill, Gas Bill
  • LIC Policy Receipt
  • Letter from a recognized public authority verifying the customer’s address.
Income Documents
  • For Salaried Individuals: Form 16
  • Certified letter from Employer
  • Payslip of last 2 months
  • Increment or Promotion letter
  • IT returns of past 3 years
  • Apart from the proof of income of the salaried individual, he would also have to furnish any investment proofs (like fixed deposits, shares, etc) and his passport-size photographs.
  • Self Employed: Income Tax Returns (ITR) of last 3 years
  • Balance Sheet and Profit & Loss Account Statement of the Company/Firm (duly attested by a C.A.)
  • Business License Details (or any other equivalent document)
  • The license of Professional Practice (For Doctors, Consultants, etc.)
  • Registration Certified of Establishment (For Shops, Factories & Other Establishments)
  • Proof of Business Address
List of documents for Salaried Person
  • Proof of Identity:- Passport / Driving License / Voters ID / PAN Card (anyone).
  • Proof of Residence:- Leave and License Agreement / Utility Bill (not more than 3 months old) / Passport (anyone).
  • Latest 3 Months Bank Statement (where salary/income is credited).
  • Salary slips for the last 3 months.
  • 2 Passport Size photographs.
  • TSL Limited provides Education Loans for students looking to study in India and abroad. You can get a loan starting from Rs. 50,000 at attractive interest rates. Find out the business loan eligibility criteria for availing a TSL
Interest Rate

Fixed interest rate of 6.25% per annul applicable on the loan amount Interest rates are fixed and non-negotiable.

File Charges 3920/- (Security Amount) will be refunded Rs 3000/- (three thousand) with the loan amount & DOCUMENTARY FEES:- 920(NON- REFUNDABLE)