Known as the ‘Banana City of India,’ Jalgaon, in Maharashtra accounts for around two-thirds of the state’s banana production. Not only is it the second largest city in northern Maharashtra, closely following Nashik, but it is also fast becoming an attractive business hub. The Maharashtra Industrial Development Corporation (MIDC) area in Jalgaon is teeming with manufacturing units.
Given how the economy in the city is quickly gathering speed, the number of people and entities looking for a Business Loan in Jalgaon is also rising. If you are looking for a Business Loan in Jalgaon, you don’t have to look far. The Small Business Loans available on Finserv MARKETS may be just what you need.
Check out the eligibility criteria, the documents you need and the features of a Small Business Loan in Jalgaon from Finserv MARKETS.
If you’re considering availing a Business Loan from Finserv MARKETS, the eligibility criteria are simple and straightforward. Check them out below.
You need to be a self-employed person. This includes professionals too, like doctors, chartered accountants, and the like.
Your age must be between 25 and 65 years.
You should have at least 3 years of experience in your current business, and at least 5 years of business experience in general.
Your annual income as shown in your Income Tax Returns must be at least Rs. 1.5 lakhs per annum.
Simple, right? See how easy-to-meet these criteria are?
Paperwork is an important part of your loan application princess. If you submit all your documents properly, your loan gets approved faster. If you’ve chosen Finserv MARKETS as your preferred lender for a Business Loan in Jalgaon, here’s what you need to provide.
Identity proof like Aadhaar card, passport, driving license or voter ID card
Address proof like Aadhaar card, passport, driving license, voter ID card or utility bills
Bank statement for the previous 6 months
Your ITR form along with certified copies of the details like income computation, balance sheet, profit and loss statement for the previous 2 years
Your sole proprietorship declaration, an authenticated copy of you partnership deed, or a certified copy of the Memorandum and Articles of Association, depending on the type of business organization
If you need an unsecured Business Loan in Jalgaon, there are many reasons to consider availing one from Finserv MARKETS. Here are the features and benefits of a Business Loan.
Finserv MARKETS gives you Business Loans up to Rs. 75 lakhs, which may be enough to meet all your business needs.
You can choose to repay your Business Loan over a tenors ranging from 6 to 60 months.
Business Loans from Finserv MARKETS are unsecured, so you don’t have to pledge any collateral/security.
So, if you think you’re eligible for a Business Loan from Finserv MARKETS, simply enter your details and submit your application. You can then make use of the funds from the borrowing to take your business to greater heights.