Axis Bank Business Loans in Chennai

Axis Bank offers the hassle free business loans to the neediest person running small or medium scale business. These loans are very helpful to expand the existing business, bring some improvement and take it to the next level of growth. Axis bank provides long term funding against any security of commercial or residential immovable property which has got reasonable market value. We offer loans to all types of business at partnership levels, private limited companies and proprietorship.

Features of Business loans from Axis Bank

  • The offered loan amount is up to RS.5 Crore for large enterprises and up to Rs.1 Crore for small enterprises
  • The repayment tenure term is up to 10 years for large enterprises and from 1 to 3 years for small enterprises
  • The business loan includes processing charges
  • The loan amount to approved is determined on the property value and profit and loss balance sheet

Eligibility Requirement for Business loans from Axis Bank

  • The applicant must provide last 2 years IT along with form 3CA, 3 CD, director report, auditor report, TDS certificate and tax paid receipts
  • The applicant must be over 21 years

Documents Required for Applying Business Loan

  • ID proof needs to be provide and you can provide Voter ID, driving license or Passport
  • For address proof you can provide current telephone bill or electricity bill
  • As age proof, birth certificate or your school transfer certificate or 12th certificate needs to be provided
  • Financial documents to be submitted includes last 6 months bank statement, bank passbook, recent IT return with income computation and attested by CA, higher professional degree certificate as qualification proof