Purpose
- Working capital facility
Eligibility
- All Business firm, industrial units, trading unit, contractors who are holding some stock in the form of finished goods or raw materials can avail this facility.
Documents
- Business proof of Applicant: Copy of Registration /License /GST/VAT registration copy, Govt. approval required to start manufacturing unit.
- Applicant’s Pan card / Partner’s Pan Card / Limited Company’s Pan card
- 2 passport-size photographs of all applicants
- Last three years balance sheet, copy of 3 year income tax return, copy of Partner’s personal return
- Memorandum and Article of Association in case of limited company and resolution for loan application.
- Bank account statement of last 2 years
- Stock statement of the business