How to Check your Business Loan Eligibility?

KYC documentation:

Documentation of age, address, and identity is required for KYC.

Business turnover and sustenance of business:

Loan eligibility is determined by turnover, profit/loss, and years in business.


Loans are determined by evaluating collateral assets.

Financial history:

Repayment history for loans and credit cards is reviewed.

Credit score:

Credit scores determine creditworthiness.

Financial statements of your business:

Financial statements and tax returns are essential for a business.

Business loan interest rate:

Interest rates depend on whether the loan is secured or unsecured.

Legal documents:

Business registration and licenses are required.