Documents required when you apply for a business loan - Eswari Capital

Posted On: 21-April-2022


Business loan is a type of unsecured loan and you would know this only if you have been associated with any loan agency previously. Business loans can be taken from financial institutions for multiple purposes like expanding your business, or to buy a certain equipment that you may require for the sake of your business, for paying of salaries or rents of office spaces, for investment on infrastructure, for purchase of raw materials or anything else related to business. Any loan not just business loans can be provided to the customer when they meet the requirements of providing business loan documents that are necessary for loan application process. The loan agency would go through your financial documents when you apply for business loan. They would check your repayment history, financial capability, CIBIL score etc. Below are the most common and vital documents that are required for business loan.

  • Documents Required For Availing Business Loans
  • Filled application form.
  • 2 passport size photographs.
  • KYC documents of the applicant together with his or her PAN card, Adhaar Card, passport, driving license, Voter ID card and utility bills.
  • A bank statement of the last one year.
  • Copy of business incorporation.
  • Any other documents that a bank may ask for.


To have the lowest interest rates at the loans you take you can always choose from the loan options provided by ESWARI CAPITAL. If you've got the above mentioned documents with you, you can easily avail different loans. In fact if you are starting up a business and you require fund you can take business loans from a bank or any other financial body. The interest charged upon your loan by the banks would depend on the amount you have borrowed.

Applying for business loans to getting it approved has now become easier than ever. You can now apply online by visiting the loan agency's official website, and then fill the form subsequently followed by submitting the required and above mentioned documents. In case you're not able to do it online you can also visit the nearest lender's branch and submit your loan application along with your documents. You are also free to ring the customer care number of the lenders branch and request for their assistance in applying for a loan.

Have you business plan clear and goal oriented to get the maximum out of these loan options. With clear objective and required fund you'll face no hurdles. These loans can be taken for a period ranging between 1 year and 10 years. Working capital loans, on the other hand, are short term loans that have to be repaid within a year and can be used to pay rent, pay employees' salaries, stock up inventories, etc.