Are you starting as a women entrepreneur and wondering where you’ll manage the finances from? We have just the answer for you. At HDFC Bank, we offer Business Loans that are curated especially for women entrepreneurs.
With our Business Loans for Women, you can begin your entrepreneurial journey in just a few steps. Not only will the loan aid you to match your financial planning objectives, but also with flexible tenures, attractive interest rates and an assortment of financial requisites designed to meet your every need, your dream business is here to stay.
Before you proceed with the application process, it is imperative to know the documents required for Women Business Loans.
Through this article, we have put together a comprehensive list of the documents required for Business Loans for Women.
- Business Loan application form together with passport size photo of the women business owner to be attached to the application form
- Pan Card of the Business
- Identity Proof of the Promoters or Business Owner
- Pan Card
- Aadhar Card
- Passport
- Voters Id Card
- Driving License
- Address Proof of the Business
- Utility Bill – Telephone or Electricity bill not more than 3 months old
- Trade License
- Lease Agreement
- Sales Tax Certificate
- Bank Account Statement
- Address Proof of the Promoters or Business Owner:
- Passport
- Aadhar Card
- Income Proof:
- Bank statement or
- Passbook of the last 6 months to 2 years
- Financial Proof:
- Income Tax Return of the last 2 years together with the computation of Balance Sheet, Income and Profit & Loss A/c.
- Previous 3 years audited financials—previous 6 months bank statement. Last 2 years audited Balance Sheet by the CA, GST Challans, and Tax Audit reports.
- Proof of business continuation such as ITR, Trade License, Shop & Establishments Certificate or Sales Tax Certificate.
- Business Ownership Proof: other mandatory documentation depending on the type of business you own is a sole proprietorship, partnership, registered company etc., you will require to submit the requisite documents. These could vary from Sole Proprietorship declaration or Certified True Copy of Partnership Deed, MOA and AOA certified by the Directors in case of a Private or Public Limited Company or Board Resolution in original signed by all the Business Owners.
This is a generic list for documents required to get a Business Loan for female business owners, but every lender may have a different list. Make sure you check the document list beforehand and keep all the documents ready.
At HDFC Bank, we offer Business Loan with a simple application process. So what are you waiting for? Get your documents for Business Loan ready and apply online or walk into any of our HDFC Bank branches nearest to you or executives will reach out to you. Apply for a Business Loan with HDFC Bank today. To know more, click here.
Wondering how to apply for a Business Loan for women? Click here to read more!
*Terms and conditions apply. The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Business Loan at the sole discretion of HDFC Bank limited. Loan disbursal is subject to documentation and verification as per Banks requirement.