Loan Documentation Requirements
To ensure that your loan application is processed smoothly, it’s essential to provide the correct documents. Below are the required documents for different types of loans offered by CreditCares. Make sure to prepare all necessary documents before applying for a loan.
Business Loans (Unsecured)
Required Documents
- 1. Applicant's KYC with Photo
- 2. Electric Bill or Tax Bill
- 3. Udyam Certification: With annexure
- 4. Trade License: Old and New
- 5. GST Certificate (3 pages)
- 6. GSTR 3B: Last 12 Months
- 7. Bank Statement of (Current Account): Last 12 Months
- 8. ITR Acknowledgment of last 2 Financial Year
- 9. Profit & Loss Statement (P/L) of last 2 Financial Year
- 10. Balance Sheet (B/S) of last 2 Financial Year
- 11. Computation of Income of last 2 Financial Year
Overdraft Facility (Unsecured)
Required Documents
- 1. Applicant's KYC with Photo
- 2. Electric Bill or Tax Bill
- 3. Udyam Certification: With annexure
- 4. Trade License: Old and New
- 5. GST Certificate (3 pages)
- 6. GSTR 3B: Last 12 Months
- 7. Bank Statement of (Current Account): Last 12 Months
- 8. ITR Acknowledgment of last 2 Financial Year
- 9. Profit & Loss Statement (P/L) of last 2 Financial Year
- 10. Balance Sheet (B/S) of last 2 Financial Year
- 11. Computation of Income of last 2 Financial Year
Business Loans (Secured)
Required Documents
- 1. Applicant's KYC with Photo
- 2. Electric Bill or Tax Bill
- 3. Udyam Certification: With annexure
- 4. Trade License: Old and New
- 5. GST Certificate (3 pages)
- 6. GSTR 3B: Last 12 Months
- 7. Bank Statement of (Current Account): Last 12 Months
- 8. ITR Acknowledgment of last 2 Financial Year
- 9. Profit & Loss Statement (P/L) of last 2 Financial Year
- 10. Balance Sheet (B/S) of last 2 Financial Year
- 11. Computation of Income of last 2 Financial Year
- 12. Property Documents:
- 1. Deed 2. Mother Deed 3. Khazna 4. Porcha 5. Sanction Plan 6. Tax Bill
Cash Credit (Secured)
Required Documents
- 1. Applicant's KYC with Photo
- 2. Electric Bill or Tax Bill
- 3. Udyam Certification: With annexure
- 4. Trade License: Old and New
- 5. GST Certificate (3 pages)
- 6. GSTR 3B: Last 12 Months
- 7. Bank Statement of (Current Account): Last 12 Months
- 8. ITR Acknowledgment of last 2 Financial Year
- 9. Profit & Loss Statement (P/L) of last 2 Financial Year
- 10. Balance Sheet (B/S) of last 2 Financial Year
- 11. Computation of Income of last 2 Financial Year
- 12. Property Documents:
- 1. Deed 2. Mother Deed 3. Khazna 4. Porcha 5. Sanction Plan 6. Tax Bill
Loan Against Property (LAP)
Required Documents
- 1. Applicant's KYC with Photo
- 2. Electric Bill or Tax Bill
- 3. Udyam Certification: With annexure
- 4. Trade License: Old and New
- 5. GST Certificate (3 pages)
- 6. GSTR 3B: Last 12 Months
- 7. Bank Statement of (Current Account): Last 12 Months
- 8. ITR Acknowledgment of last 2 Financial Year
- 9. Profit & Loss Statement (P/L) of last 2 Financial Year
- 10. Balance Sheet (B/S) of last 2 Financial Year
- 11. Computation of Income of last 2 Financial Year
- 12. Property Documents:
- 1. Deed 2. Mother Deed 3. Khazna 4. Porcha 5. Sanction Plan 6. Tax Bill
Home Loan
Required Documents
- 1. Applicant's KYC with Photo
- 2. Electric Bill or Tax Bill
- 3. Udyam Certification: With annexure
- 4. Trade License: Old and New
- 5. GST Certificate (3 pages)
- 6. GSTR 3B: Last 12 Months
- 7. Bank Statement of (Current Account): Last 12 Months
- 8. ITR Acknowledgment of last 2 Financial Year
- 9. Profit & Loss Statement (P/L) of last 2 Financial Year
- 10. Balance Sheet (B/S) of last 2 Financial Year
- 11. Computation of Income of last 2 Financial Year
- 12. Property Documents:
- 1. Sale Deed 2. Property Tax Receipts 3. Approved Building Plan (for under-construction properties)
- 13. Salary Slips: Last 3 months (for salaried employees)
- 14. Bank Statements: Last 6 months (for salaried employees)
Mortgage Loan
Required Documents
- 1. Applicant's KYC with Photo
- 2. Electric Bill or Tax Bill
- 3. Salary Slips: Last 3 months (for salaried employees)
- 4. Income Tax Returns (ITR): Last 2 years
- 5. Bank Statement: Last 12 Months
- 6. Property Documents:
- 1. Original Sale Deed 2. Property Registration Documents
Personal Loan
Required Documents
- 1. Applicant's KYC with Photo
- 2. Proof of Address: Electric Bill or Rent Agreement
- 3. Salary Slips: Current Last 3 months (for salaried employees)
- 4. Bank Statement: Last 6 Months
- 5. CIBIL Report (Should be 750+)