Loans

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LOANS & FINANCES

Business Loan

Documents Required

  • Identity proof- Driving License/PAN Card/ Passport / Voters ID card
  • Bank Statement of Current Account
  • Address Proof (Ration card/ Post-paid/ Telephone bill/ electricity Bill/ Passport/ Trade license / Lease/Rent agreement/GST Certificates)
  • Latest Income Tax Return for 2 Years
  • Proof of continuation of business
  • Memorandum & Articles of Association
  • Last 3 years audited financials ( computation, Balance Sheet, Profit & Loss A/c)

Self Employed (Private Ltd. Co. and Partnership Firms): 

Profit and loss account of two years audited by a chartered accountant.

Self Employed Individuals -

Income  tax returns for the last two years and Bank statements for last 6 months and P & L and balance sheet for last two years audited by a chartered accountant and Copies of IT returns for the last two years

 Professionals: - Income tax returns for the last two years and Bank statements for last 6 months and P & L and balance sheet for last two years audited by a chartered accountant

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Home Loan 

DOCUMENTS REQUIRED FOR HOME LOAN

SALARIED EMPLOYEES

  • Duly filled Application Form with Photograph
  • Age Proof (PAN Card, Passport, Any other Certificate from Statutory Authority)
  • Residence Proof (Passport, Driving License, Telephone Bill, Ration Card, Election Card, Any other Certificate from Statutory Authority)
  • Education Qualifications – Latest Degree
  • Latest Salary-slips for 3 months
  • Form 16 for last 2 years
  • Last 6 months Bank Statements (salary account)
  • Processing Fee Cheque in favour of ‘PNB Housing Finance Ltd.’
  • Photocopy of Title Documents of the Property, Approved Plan
  • All documents need self-attestation

Self Employed/Professionals

  • Duly filled Application Form with Photograph
  • Age Proof (PAN Card, Passport, Any other Certificate from Statutory Authority)
  • Residence Proof (Passport, Driving License, Telephone Bill, Ration Card, Election Card, Any other Certificate from Statutory Authority)
  • Education Qualifications – Latest Degree (for professionals)
  • Certificate & Proof of business existence along with Business Profile
  • Last 3 years Income Tax returns (self and business) with Profit & Loss Account & Balance Sheets duly certified/audited by a Chartered Accountant
  • Last 12 months Bank Account Statements (self & business)
  • Processing Fee Cheque in favour of ‘PNB Housing Finance Ltd.’
    Photocopy of Title Documents of the Property, Approved Plan etc
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Personal Loan 

Documents Required for personal Loan

Personal loan documents to be submitted by a salaried person include:

Identity proof:

  •  Aadhar card , Valid Passport, Valid Voter ID Card or a Valid Driving License

Address proof: 

  • Ration card/passport/telephone/rent agreement/electricity bill
  • 6 months bank passbook or last 3 months bank statement
  • Current salary certificate.
  • Form 16 of latest two financial years

Personal loan documents to be submitted by self-employed professionals include:

PAN Card: For Company /Firm/ individual

Identity proof: 

  • Passport/ Aadhar Card/Voter's ID card/Driving License/Pan Card

Address proof: 

  • Aadhar Card/Passport/Driving License/ Voter ID-Card
  • Latest 6 months Bank Statement
  • Latest ITR along with computation of income, recent Balance sheet along with Profit & Loss a/c (Chartered Accountants Certified /Audited) for the last 2 years
  • Proof of continuation
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Small Entity Finance 

Checklist of Documents Required for Small Entity Finance

  • Identity proof- Driving License/PAN Card/ Passport / Voters ID card
  • Bank Statement of Current Account
  • Address Proof (Ration card/ Post-paid/ Telephone bill/ electricity Bill/ Passport/ Trade license / Lease/Rent agreement/GST Certificates)
  • Latest Income Tax Return for 2 Years
  • Proof of continuation of business
  • Memorandum & Articles of Association
  • SME Certificates
  • Project Report
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Bank Overdraft & CC Limit

Checklist of Documents Required for Bank Overdraft

  • Identity proof- Driving License/PAN Card/ Passport / Voters ID card
  • Bank Statement of Current Account
  • Address Proof (Ration card/ Post-paid/ Telephone bill/ electricity Bill/ Passport/ Trade license / Lease/Rent agreement/GST Certificates)
  • Latest Income Tax Return for 2 Years
  • Proof of continuation of business
  • Memorandum & Articles of Association
  • Audited financials from Chartered Accountants (computation, Balance Sheet, Profit & Loss A/c)
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NGO Fund Arrangement 

Checklist of Documents Required for NGO FUND

  • Identity proof- Driving License/PAN Card/ Passport / Voters ID card
  • Bank Statement of Current Account
  • Address Proof (Ration card/ Post-paid/ Telephone bill/ electricity Bill/ Passport/ Trade license / Lease/Rent agreement/GST Certificates)
  • Latest Income Tax Return for 2 Years
  • Receipt & Payments
  • Income & expenditure
  • Balance Sheets (Audited by CA)
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Project Finance

Checklist of Documents Required for Project Finance 

    Methods of Project Financing

   The Project Manager can choose any one or a combination of two or more of these methods to finance the project.

  • Share capital – equity capital and preference capital.
  • Term loan
  • Debenture capital
  • Commercial banks
  • Bills discounting

Stages in Project Financing

Pre- finance stage

A) Project identification

A Project or Projects selected should be integrated with the Strategic Plan of the Organization.  The project plan should match the goals of the organization. It should be realistic to be implemented.

B) Identifying risk and minimizing

“The right project at the right time at the right place and at the right price”.

There should be adequate amount of resources available for the project to be implemented.

C) Technical and Financial feasibility

An organization before starting any new project or expanding an existing one must look into analyzing each and every factor which is essential for the project to be feasible. It must be financially as well as technically feasible.

     Financing stage

a) Arrangement of equity/debt/loan.

b) Negotiation and Syndication of the same.

c) Documentation and checking all the rules and regulations or policies relating to the starting of the project.

d) Payment.

      

      Post Financing

a) Monitoring and review of project from time to time. The project manager must           keep a check on the proper working of the project.

b) Project closure – It is ending the project

c) Repayment and monitoring

The amount taken in the form of loan, equity and debt must be repaid back and proper monitoring and control of the project must be carried.

The banks will generally demand the following documents

  • Company Profile.
  • Management Profile.
  • Last Three Years' Audited Financial Statements.
  • Certificate of Incorporation of the Company.
  • Copies of MOA & AOA.
  • Copy of Business Bank Statement.
  • Detail of Existing Loans from Other Banks.
  • Project feasibility report.
  • Project Cash Flow Report
  • Agreements Related to Project
  • Pay-Back Plan and Income Sources
  • Detail of Assets available for Collateral
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Documents required for registration of an agent under the RERA REGISTRATION 

 

A duly filled RERA agent registration form.
Particulars stating the type of organization
An authentic copy of the address proof of the place of business.
An authentic copy of Pan Card of the real estate agent.