Business Loan – Documents Required
Complete guide on KYC, income and product-specific papers for business loan applicants in India (Delhi NCR focus for service density).
Business-loan documentation proves existence, turnover and banking conduct.
Document checklist – Business Loan
| Promoter KYC | PAN, Aadhaar of all applicants |
|---|---|
| Business proof | Udyam, GST certificate, partnership deed / COI |
| Financials | ITR 2 years; audited accounts if required |
| Banking | 6–12 months current account statements |
| Use of funds | Quotations for machinery or project note for larger tickets |
Preparation tips
- Scan clear colour PDFs; avoid blurred photos
- Name files clearly (e.g. Salary_Jan2026.pdf)
- Statements should show the same name as PAN
- Keep the latest 3–6 months continuous, not random months
Frequently Asked Questions
Are original documents needed?
Branches may verify originals; many digital journeys accept uploads first.
Is Form 16 mandatory for salaried?
Not always — salary slips and bank credits often suffice.
How many months of bank statements?
Commonly 3–6 months for retail; 6–12 months for business.
What if address on Aadhaar is old?
Provide an alternate accepted address proof from the lender list.
Do joint applicants need full KYC?
Yes — each applicant / co-applicant typically needs KYC.