TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Yogi Govt to End 6-Decade Wait, Grant Land to East Pakistan Hindu Refugees

    Yogi Govt to End 6-Decade Wait, Grant Land Titles to East Pakistan Hindu Refugees

    Temple Row Sparks Fresh Violence Between Thailand and Cambodia

    Border Tensions Flare Again Between Thailand and Cambodia: Ancient Shiva Temple Dispute Turns Deadly

    Pakistan Ranked Among the World's Weakest Passports in 2025

    Pakistan Ranked Among the World’s Weakest Passports in 2025

    60 Days or Less: H-1B Workers Face Deportation

    60 Days or Less: H-1B Workers Face Deportation Despite Legal Status

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    Union Commerce Minister Piyush Goyal and UK Trade Secretary Jonathan Reynolds formally signed the Free Trade Agreement

    India, UK Sign Historic FTA; Modi Sends Stern Message on Terror, Corruption, and Democracy Abuse

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    How to Choose the Best Bank to Open a Savings Account in 2025

    How to Choose the Best Bank to Open a Savings Account in 2025

    Ahead of PM Modi's visit, Cabinet approves free trade agreement between India and UK

    PM Modi to Sign Landmark Free Trade Deal With UK as Cabinet Gives Green Light

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    BSF Initiates Drone Warfare Upgradation After Operation Sindoor

    BSF Initiates Biggest-Ever Plan To Upgrade Drone Warfare Ecosystem After Operation Sindoor

    BITS Students Build Kamikaze Drones, Power Indian Army

    Kamikaze Drones from Campus Hostel : This is How Two BITS Students Deliver Combat-Ready Drones to Indian Army

    Apache: World’s Most Advanced Attack Helicopter Now in Indian Hands

    Apache Choppers Near Pakistan Border: A Strategic Game Changer for India

    MiG-21 Fighter Jets to Be Retired from Indian Air Force Service by September

    MiG-21 Fighter Jets to Be Retired from Indian Air Force Service by September

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Temple Row Sparks Fresh Violence Between Thailand and Cambodia

    Border Tensions Flare Again Between Thailand and Cambodia: Ancient Shiva Temple Dispute Turns Deadly

    India-China Review Border Situation, Prepare for High-Level Boundary Talks

    India, China Review Border Situation, Gear Up for High-Level Special Representative Talks

    Delhi Reopens Tourist Visas for Chinese Citizens After 5 Years

    India-China Ties Back on Track? Delhi Reopens Tourist Visas for Chinese Citizens After 5 Years

    Pakistan Offers Protection—Only After 20 Chinese Nationals Die

    Pakistan’s Terror Problem Hits China, After 20 Deaths Shehbaz Makes Empty Promise on ‘Protection’

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    NCERT Textbook Reveals Mughal Religious Intolerance

    Ruthless Babur, Violent Akbar, Destructive Aurangzeb: NCERT Textbook Reveals Mughal Religious Intolerance

    India Built Gardens Long Before Babur Dreamt of Charbagh

    Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Echoes of the Cholas in Today’s Bharat

    Conqueror of the Seas: Rajendra Chola and the Rise of Naval Bharat

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    India Becomes First Country to Digitally Preserve Traditional Medicine Using Artificial Intelligence

    India Becomes First Country to Digitally Preserve Traditional Medicine Using Artificial Intelligence

    Highest RTP Casino Games to Get Better Wins

    Highest RTP Casino Games to Get Better Wins

    How to Use Eyebrow Tinting Kits Like a Salon Expert

    How to Use Eyebrow Tinting Kits Like a Salon Expert

    One in Four Indian Married Couples Are Now Overweight

    ICMR Study: One in Four Indian Married Couples Are Now Overweight or Obese—Shared Lifestyle to Blame

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Yogi Govt to End 6-Decade Wait, Grant Land to East Pakistan Hindu Refugees

    Yogi Govt to End 6-Decade Wait, Grant Land Titles to East Pakistan Hindu Refugees

    Temple Row Sparks Fresh Violence Between Thailand and Cambodia

    Border Tensions Flare Again Between Thailand and Cambodia: Ancient Shiva Temple Dispute Turns Deadly

    Pakistan Ranked Among the World's Weakest Passports in 2025

    Pakistan Ranked Among the World’s Weakest Passports in 2025

    60 Days or Less: H-1B Workers Face Deportation

    60 Days or Less: H-1B Workers Face Deportation Despite Legal Status

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    Union Commerce Minister Piyush Goyal and UK Trade Secretary Jonathan Reynolds formally signed the Free Trade Agreement

    India, UK Sign Historic FTA; Modi Sends Stern Message on Terror, Corruption, and Democracy Abuse

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    How to Choose the Best Bank to Open a Savings Account in 2025

    How to Choose the Best Bank to Open a Savings Account in 2025

    Ahead of PM Modi's visit, Cabinet approves free trade agreement between India and UK

    PM Modi to Sign Landmark Free Trade Deal With UK as Cabinet Gives Green Light

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    BSF Initiates Drone Warfare Upgradation After Operation Sindoor

    BSF Initiates Biggest-Ever Plan To Upgrade Drone Warfare Ecosystem After Operation Sindoor

    BITS Students Build Kamikaze Drones, Power Indian Army

    Kamikaze Drones from Campus Hostel : This is How Two BITS Students Deliver Combat-Ready Drones to Indian Army

    Apache: World’s Most Advanced Attack Helicopter Now in Indian Hands

    Apache Choppers Near Pakistan Border: A Strategic Game Changer for India

    MiG-21 Fighter Jets to Be Retired from Indian Air Force Service by September

    MiG-21 Fighter Jets to Be Retired from Indian Air Force Service by September

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Temple Row Sparks Fresh Violence Between Thailand and Cambodia

    Border Tensions Flare Again Between Thailand and Cambodia: Ancient Shiva Temple Dispute Turns Deadly

    India-China Review Border Situation, Prepare for High-Level Boundary Talks

    India, China Review Border Situation, Gear Up for High-Level Special Representative Talks

    Delhi Reopens Tourist Visas for Chinese Citizens After 5 Years

    India-China Ties Back on Track? Delhi Reopens Tourist Visas for Chinese Citizens After 5 Years

    Pakistan Offers Protection—Only After 20 Chinese Nationals Die

    Pakistan’s Terror Problem Hits China, After 20 Deaths Shehbaz Makes Empty Promise on ‘Protection’

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    NCERT Textbook Reveals Mughal Religious Intolerance

    Ruthless Babur, Violent Akbar, Destructive Aurangzeb: NCERT Textbook Reveals Mughal Religious Intolerance

    India Built Gardens Long Before Babur Dreamt of Charbagh

    Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Echoes of the Cholas in Today’s Bharat

    Conqueror of the Seas: Rajendra Chola and the Rise of Naval Bharat

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    India Becomes First Country to Digitally Preserve Traditional Medicine Using Artificial Intelligence

    India Becomes First Country to Digitally Preserve Traditional Medicine Using Artificial Intelligence

    Highest RTP Casino Games to Get Better Wins

    Highest RTP Casino Games to Get Better Wins

    How to Use Eyebrow Tinting Kits Like a Salon Expert

    How to Use Eyebrow Tinting Kits Like a Salon Expert

    One in Four Indian Married Couples Are Now Overweight

    ICMR Study: One in Four Indian Married Couples Are Now Overweight or Obese—Shared Lifestyle to Blame

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
  • Economy
  • Defense
  • Geopolitics
  • Knowledge
  • Law
  • Lounge

Documents required for a Business Loan for all types of Small Business

Mahima Kalra by Mahima Kalra
6 July 2022
in Finance
small business loan Documents
Share on FacebookShare on X

There are various types of small businesses which can be promoted by different entities like private limited companies, proprietorship firms, partnership firms or by self-employed professionals and self-employed non-professionals.

All the above types of businesses require funds for growth and expansion. This could be to buy a piece of equipment or machinery, to hire more experienced people, open an office at another location, for working capital, etc.

RelatedPosts

Monsoon Session from July 21: Govt to Introduce 8 New Bills

WiseProfitWay.com reviews – Trading Times

TheGenInfinity.com reviews – Account Types

Load More

In case you are engaged as an owner or partner or director or self-employed individual, the most convenient way for you would be to apply for a small business loan. You can either approach a bank or an NBFC for business loans. Since banks mostly offer secured business loans (loans against security/collateral), it is ideal for a business owner to opt for NBFCs that usually offer unsecured business loans.

The list of documents needed for small business loans would differ, based on the types of small businesses.

Different lenders evaluate business loan applications based on different eligibility criteria and documentation. Also, the type of business is also an important factor in determining the documents you need to submit. The list of documents to be submitted will differ based on the type of entity viz., a private limited company or a proprietorship business, a partnership, or self-employed professionals and non-professionals.

We shall now look at the documents for the small business loan to be submitted:

Small Business

Common documents needed when applying for a small business loan are as follows:

  • PAN Card
  • Aadhaar Card
  • Bank-generated account statements for the last 12 months (in PDF format)
  • Income tax returns for the previous 2 years
  • Latest Balance Sheet and P&L (Provisional)
  • Latest Audited Balance Sheet and P&L
  • Gumasta/Shop Establishment License
  • GST Registration Receipt
  • GST Receipts/Challans
  • Incorporation Certificate
  • Articles of Association (AOA)
  • Partnership Deed if the business is in partnership

Private Limited Company and Partnership business

A private limited company is a privately held small business which limits an owner’s liability to their shares. A partnership business is where two or more individuals sign an agreement to carry out the business as co-owners. The risk involved in the business is shared by the partners. Decisions made by one partner affect the entire business. So, if a partner makes any mistake, other partners will also be affected by this.

Documents required for small business loan to be furnished are as follows:

  • Proof of identity of the private limited company (GST; IT return; water/electricity bills; PANID/municipal taxes bill in the name of the business; Memorandum and Articles of Association)
  • Proof of individual identity for the authorized signatories and two directors including the Managing director from PAN card, voter’s identity card, driving license or passport

Self-employed professionals and self-employed non-professionals

Self-employed professionals are entrepreneurs who work as freelancers. They work at their own expense and risk. Self-employed non-professionals can be shopkeepers and handicraft sellers, etc. They invest money in their business on their own or with the help of a business loan.

Documents required to be furnished for self-employed professionals and non-professionals are:

  • Proof of individual identity
  • Income tax returns (3 years)
  • Copy of periodic stock, debt, and creditors-statement (latest three months)
  • Copy of bank statement for last 6 months

Sole proprietorship

In a proprietorship business, the owner alone is responsible for the business and its profits.

Documents required to be furnished are given below:

  • Identity proof of sole proprietorship (for sole proprietors or self-employed individuals)
  • Income Tax returns, municipal tax, water/electricity bill in the name of the company
  • Identity proof of the proprietor (passport, driver’s license, voter’s identity card or a PAN card)
  • Address proof of the proprietor (driving license, passport, or voter’s identity card)

Documents required to apply for a Small Business Loan differ depending on the type of business and the criteria of the lender. It is important to carefully understand the list of documents required for the business loan application so that the loan gets approved quickly.

Also Read: Things you need to keep in mind before applying for an MSME loan

Tags: BusinessFinance
ShareTweetSend
Previous Post

Canada bows down to India, issues apology over ‘Kaali’

Next Post

The reason behind India’s rise on the global stage- Jaishankar’s Krishna Diplomacy

Related Posts

What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India
Finance

What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

23 July 2025

What turns an ordinary stock into a strategic signal for a nation’s future? The share price of Hindustan Zinc...

How to Choose the Best Bank to Open a Savings Account in 2025
Finance

How to Choose the Best Bank to Open a Savings Account in 2025

23 July 2025

Choosing where to open a savings account isn’t always as straightforward as it seems. While many institutions offer similar...

US Trade Officials to Visit India in August for Crucial Talks
Business

US Trade Officials to Visit India in August for Crucial Talks

22 July 2025

A high-level team from the US is gearing up to visit India in August for the next round of...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Currently Playing

One Woman. Two Brothers. Jodidaran- A Living Example of Polyandry in Himachal's Hatti Tribe.

One Woman. Two Brothers. Jodidaran- A Living Example of Polyandry in Himachal's Hatti Tribe.

00:05:32

Lashkar-e-Taiba on the Run from Muridke: Is Bahawalpur Becoming Pakistan’s New Terror Capital?

00:07:26

Britain’s Million-Dollar Bird Finally Takes Off!

00:06:43

Maharashtra targets crypto christians. fake dalit quota scam exposed.

00:04:16

The Forgotten Maratha Legacy in Tamil Nadu

00:07:37
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap
MASHABLE IS A GLOBAL, MULTI-PLATFORM MEDIA AND ENTERTAINMENT COMPANY. FOR MORE QUERIES AND NEWS, CONTACT US AT info@mashablepartners.com


©2025 TFI Media Private Limited

No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFIPOST हिन्दी
TFIPOST Global

©2025 TFI Media Private Limited