Application Form should contain the following information:
In case of failure and/or negligence to pay the installment
on time, penal interest upto 2% per month may be levied by the
The following documents are required to be submitted with
the application for loan.
PROOF OF IDENTITY
# In case of individual, any one of the following documents
may be furnished.
# Xerox copy of PAN Card issued by the Income Tax
# Xerox copy of Passport issued by the Regional Passport
# Any other photo identity card issued by the Government
In case of
Corporate body, xerox copy of the following three documents
should be furnished.
# Certificate of Incorporation.
# Certificate of Commencement of Business.
# Trade License.
Duly attested xerox of latest Income Tax Return and for
Corporate Bodies 3 years audited Balance Sheet, along with proof
of filing the documents with the Registrar of Companies and
Income Tax Authorities.