Follow On:
LOGIN
Business Loan

How to apply?

Check eligibility

Click on apply now & login into credbyte

Online application & approval

Fill online application or wait for visit/call from
representative within 24 hours

Money in bank

Once approval, money will be in the bank

Apply Now

Business Loan Eligibility Criteria

  • Business type: Self-employed, proprietors, private ltd. co., partnership firms
  • Minimum turnover: ₹40 lakhs
  • Business experience: 3 years in current business, 5 years total
  • Profitability: 2 years of profit
  • Minimal annual income (ITR): ₹1.5 lakhs
  • Age: 21-65 years

Documents required to apply for Business Loan

  • Identity Proof - Passport, Voter's ID, Driving License, PAN Card, Aadhaar Card
  • Proof of Residence or Address Proof - Passport, Voter's ID, Driving License, PAN Card, Aadhaar Card, Electricity Bill, Telephone Bill, Ration Card
  • Age Proof - Passport, Voter's ID, Driving License, PAN Card, Aadhaar Card
  • Employment Proof - Employment Certificate, Office address proof
  • GST or VAT Registration for Self-employed
  • Photograph - Passport-size photographs
  • Business proof - Business registration documents such as a partnership deed, Memorandum of Association (MOA), Articles of Association (AOA), etc.
  • Income tax returns - Documents of the past 2-3 years to verify income and tax payment history