Financial Documents for Loans

Financial Documents for Loans

• Income Tax Returns (ITR)

  Recent income tax returns of the borrower or business entity, demonstrating financial credibility and repayment capability.

• Bank Statements

  Last 6-12 months of bank statements providing insight into cash flow, revenue, and financial stability.

• Balance Sheet & Profit & Loss Statement

  Audited financial statements showcasing business performance, assets, liabilities, and profit margins.

• Business Registration Documents

  Includes incorporation certificate, GST registration, and other necessary legal documents proving business authenticity.

• Loan Agreement & Repayment Schedule

  Detailed loan agreement with terms, interest rates, and repayment schedule for transparency and accountability.