Lendingkart Business Loan

Superfast processing within
72 hours

No collateral required No risk of any asset loss ​

Fair, Transparent from 1.25% per month

Avail business loans sitting at home We care for your convenience

Login

Lendingkart Business Loan Policy

  • Location : Pan India

  • CIBIL Score : 600+

  • Processing : Online

  • Minimum Turnover : 12 Lac

  • Loan Amount & Tenure : 1 Lac - 30 Lac (12 Month to 36 month)

  • Loan Product : Term Loan

  • Rate of Interest & Type : 21% to 40% (Reducing)

  • TAT : Sanction-1 Days
    Disbursement-7 Days

  • Processing Fees : 2 %

  • Foreclosure Charges : 4%

  • Applicant Type : Individual, Proprietorship Concern, Partnership Firm/ LLP/ Company/ Hospital

  • Whether Co-Applicant Mandatory : Yes if applicant age < 21 or 60 year

  • Proprietor Age/Co-Applicant Age : 18 Year- 60 Year

  • Part Payment Allowed : No

  • Whether Ownership Proof Required : No Both rented Application accepted

  • Business Ragistration Proof Mandatory :
    If Current Account then no proof required
    If Saving Account then Registration proof required

  • Program :
    Banking Program - 30 Lac
    Normal Income - 1 Cr

  • Product for Professionals : No

  • Negative Profile : Advocate, Liquor Business, Coal Industry , Real Estate

  • USP : Funding on low business Vintage, Funding to -1 CIBIL

  • Negative Profile : Advocate, Liquor Business, Coal Industry , Real Estate

  • Additional : Udham Registration can be used as Registration proof provided its 1 year old

Documents Required For Lendingkart Business Loan

  • KYC of applicant & Co-Applicant

  • Last 3 year ITR with computation of income of applicant & co-applicant

  • Last 3 year audited balance sheet of applicant

  • Last 3 year Tax audit report of applicant

  • Last 12 month Bank Statement of applicant & co-applicant

  • 26AS of last 2 year of applicant & co-applicant

  • Copy of GST registration

  • Copy of MSME registration

  • Copy of Last 12 month GST return

  • Debt Sheet & Sanction letter of all running loan

  • Latest utility Bill of residence if owned or rent agreement if rented

  • Latest utility Bill of Office if owned or rent agreement if rented

  • 2 Reference with contact details

  • Last 3 year Debtors & Creditors on letter head

  • For Co-Applicant :KYC means  Adhaar Card, PAN Card, Passport Size Photo

  • List of Directors & Shareholders, if applicant if Company or List of Partners if applicant is Partnership firm

  • KYC Means If Applicant is :
    Company-MOA, AOA, COI , PAN Card
    Partnership Firm/LLP- Partnership Deed & PAN Card
    Proprietorship Firm- PAN Card, Adhaar Card, Passport size phot

  •    Co-Applicant means in case of :
    Company : Directors,
    Partnership firm/LLP : Partners,
    Proprietorship Firm : Spouse of Proprietor If applicant is professional, then his professional degree is required

Scroll to Top