Business Loan Jalandhar | Interest Rates | Documents | Eligibility | Apply

Business Loans In Jalandhar: Get Best and lowest rates on loans with Maximum loan amount and less documentations. Apply online for getting self employed, small business loans online in Jalandhar.

Business loan helpful for start up a business, maintaining your existing business expenses or company- eg pay for premises, new equipment, renovation, advertising and more. Business loan for Hotel and Restaurant in your city check emi,eligibility and more.

Who is Eligible for business loan in Jalandhar?
Any person who is running a legitimate business with good earnings can go for a business loan. Banks have certain criteria to validate on how much and whom to give. This is on the basis on.

  1. Type of the business- Ie Proprietorship, Partnership, Pvt Ltd or Public Ltd.
  2. Turnover of the business.
  3. Profit of the business.
  4. Cash flow of the business.
  5. Track record and type of business.

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Loan Amount

How much Business loan you can get in Jalandhar
Based on the profit and years of business and cash flow- Banks come out with eligibility of the loan amount it can give to business. This is based on how much profit he is making and how he can manage to pay the emi with the cash flow.

Banks which Provides Business loans in Jalandhar

There are various Banks that can give me loan. The lists are as follows:

  1. HDFC Bank
  2. ING Vysya Bank
  3. ICICI Bank
  4. Standard Chartered Bank
  5. Fullerton India

Click here for – Check Interest Rates on Business Loans in Jalandhar

Documents required for business loan in Jalandhar:

  1. ID Proof
  2. Address Proof
  3. Proof of Continuity Of Business
  4. Bank Statement 6 Months
  5. Board Resolution (If pvt ltd co. is co-borrower/Partnership Authorization Letter {if partnership firm is co-borrower}
  6. ITR & Statement Of Computation of Income – for last 2 Years
  7. CA Certified or Audited P/L Acc Statement and for >40 Lacs cases Audit report along with schedules of P&L and Balance Sheet – for last 2 years
  8. Latest ITR of Co-Applicants – For last 2 Years
  9. Ownership Proof of Residence or Office

Calculate monthly emi – Business Loans EMI Calculator

Banks Address for Business loans in Jalandhar:

  • IDBI: 136, Cool Road, New Jawahar Nagar, Jalandhar,Punjab, Punjab 144001
  • Corporation Bank: Office P No 358, Guru Teg Bahadur Nagar, Industrial Area, Industrial Area, Jalandhar, Punjab 144001
  • State Bank Of Hyderabad: ES/15, Model Town Road, Jalandhar, Punjab, 144001
  • CitiBank: 36 Gobind Niwas, G.T. Road, Jalandhar, Punjab 144001, Garha Rd, Jawahar Nagar, Jalandhar, Punjab 144006
  • Indian Bank: 922, G T Road, G T Road, Jalandhar, Punjab 144001
  • Allahabad bank: Civil Lines Gate Road Jalandhar, Jalandhar, Punjab
  • Karnataka Bank Ltd: Ground Floor, Gabind Mall, Plot No. 25, Jalandhar, Punjab
  • State bank of India: Sr Manager 39 A Cool Road Green Park. Jalandhar