Bill Discount and Raw Materials Purchase Loans

Loan Type : Bill Discount and Raw materials purchase loan

Security : Not required

Interest Rate : 11 % & above

Loan Tenure : Tenure annually renewable

Loan Amount : Upto 5 Crores

Loan Feature : Collateral-free loan

Bill Discount Loans

These loans provide businesses with immediate access to funds by discounting their pending bills receivable. By availing this loan, businesses can meet their short-term financial requirements and improve their cash flow.

Raw Material Purchase Loans

Raw materials are essential components that undergo processing or modification using machinery to create finished products. Whether in the chemical, steam, or other industries, procuring raw materials is crucial for smooth business operations. Just like machinery loans, banks and financial institutions offer financing options specifically designed for raw material purchases.

• Documents Required For Pvt Ltd Company
  • Company & All Directors PAN Card copy.
  • All Directors Adhar Card Copy.
  • Company TIN & GST Registration certificate copy.
  • Latest property tax paid receipt of the Company or Director's Residence.
  • Company Last two Asst Yrs Saral, Total income statement, Form 3CA & 3CD, Sundry Debtors & Creditors Breakup.
  • Directors Individual ITR for last 2 AY YRS.
  • Latest CC Sanction Letter.
  • Term Loan Sanction Letter & Statement of A/C for the last 18 Months.
  • Company CC & CA bank statement for the last 6 months (soft copy in PDF format).
  • Latest list of Directors with shareholding pattern in Company letterhead attested by CA.
  • MOA & AOA with a certificate of incorporation.
  • Holding company list of Directors on company letterhead attested by CA.
  • Individual Loan details of Directors if any.
• Documents Required For Partnership Firm
  • Company & All Partners PAN Card copy.
  • All Partners Adhar Card Copy.
  • Company TIN & GST Registration certificate copy.
  • Latest property tax paid receipt of the Company or Partner's Residence.
  • Company Last two Asst Yrs Saral, Total income statement, Form 3CA & 3CD, Sundry Debtors & Creditors Breakup.
  • Partner's Individual ITR for last 2 AY YRS.
  • Latest CC Sanction Letter.
  • Term Loan Sanction Letter & Statement of A/C for the last 18 Months.
  • Company CC & CA bank statement for the last 6 months (soft copy in PDF format).
  • Partnership Deed.
  • Individual Loan details of Partners if any.
• Documents Required For Proprietorship Company
  • Proprietor's PAN Card & Adhar Card copy.
  • Company TIN & GST Registration certificate copy.
  • Latest property tax paid receipt of the Company or Proprietor's Residence.
  • Company Last two Asst Yrs Saral, Total income statement, Form 3CA & 3CD, Sundry Debtors & Creditors Breakup.
  • Latest CC Sanction Letter.
  • Term Loan Sanction Letter & Statement of A/C for the last 18 Months.
  • Company CC & CA bank statement for the last 6 months (soft copy in PDF format).