Apply for Business Loan in Chennai

Loans Bazaar provides business loans to all types of enterprises such as partnerships, Private Limited companies and proprietorships. The need for business loans arises when the enterprise decides to improve the business to next level or purchase latest equipments. It can be short term or long term financial requirements that a business would require. Understanding the importance of immediate financial needs, we offer business loans from Rs.50, 000/- to 1 crore with the flexible repayment tenure of up to 36 months.

Eligibility Requirements for Partnership / Proprietor / Private Limited Business Loans

  • Partnership deed
  • Last 2 years IT returns of the company with complete financial and tax paid receipts, TDS certificate, profit/loss account balance sheet and income
  • Bank account statement for last 6 months
  • Latest telephone bill
  • OD/CC sanction letter
  • Owned property proof such as water tax and property tax paid bills
  • VAT details
  • PAN Card
  • Address Proof where the business is run
  • Minimum of 2 – 5 years of business continuity proof
  • Private Limited loans require 3CA, 3 CD form, Director report, Auditor report in addition to tax paid receipt and TDS certificate
  • The company Charted Accountant must attest the company letter acknowledging the Shareholding partners of the company

Why to Choose Loans Bazaar:

  • We offer business loans at competitive interest rates from the leading banks
  • We quicken the process and help getting you immediate sanctioning of the loan after approval
  • We offer loans for both existing and new businesses
  • We provide secured and safe business loans
  • We help you getting the maximum loan amount to your requirements
  • The process is simple and easy to follow
  • We give the choice to choose the bank from which you want the business loan
  • Our customer support team gives you 24/7 assistance to keep you updated with processing status, approval status and new queries

The documents that are required for verification and approval of loan can be easily provided by any business enterprise; however you can check with our support team or visit our online portal to know more about the documents that you exactly need to submit. Our loan calculator will further help you to approximately calculate the loan amount that you become eligible for.