Janalaxmi Business Loan Rate

Founded and promoted by Ramesh Ramanathan, Janalakshmi commenced its microfinance operations in July 2006 by absorbing the Sanghamithra Urban Programme. Indian urban micro-credit experiences are limited to a few institutions, owing to an overall lack of focus on these markets along with the complexity of operating in an urban environment. Apart from the Sewa Bank in Ahmedabad, Sanghamithra Urban Programme has been one of the pioneers of urban micro-finance in India. The promoter of Janalakshmi had been instrumental in the formation and successful operations of Sanghamithra Urban Programme as well. As Janalakshmi evolved, it was envisioned that it shall absorb the Sanghamithra Urban Programme(SUP).

JANALAXMI BUSINESS LOAN


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Everything You Need To Know About

Janalaxmi Business Loan

Overview

Online Lowest Business Loan interest rates for Janalaxmi loans on Loanadda.India top bank loans providers.Apply Online

For Salaried individuals- These loans are unsecured i.e. there is no collateral required and can be availed by Salaried individuals. They are usually ideal for meeting your short term financial needs like unexpected expenses, dream holiday, home improvement expenses etc.

Unsecured Business Loans

An unsecured business loan is without any collateral or security that can be availed by SME’s to raise debt for short term financing purposes.

Business Loan For Janalaxmi

1. Proof of Business - Shop and Establishment Certificate/ Vat Registration Certificate/ Service Tax      Certificate.

2. Last 3 years IT tax returns with profit and loss account and balance sheet duly audited by CA.

3. Existing Loans’ Sanction letters accompanied with repayment track.

4. Business profile on the letterhead of the company.

5. ID/ Age Proof - PAN Card/ Passport/ Signature Proof/ Aadhar Card and Residence Proof – Passport/      Utility bills/ Bank Statements.

6. Cheque of Processing Fee.

1. Age proof of all the partners in the form of PAN Card, Passport or Aadar Card.

2. PAN Card of the company.

3. Residence proof of all the partners – Utility Bills/ Passport/Bank statement/ Registered rent      agreement.

4. Proof of Business - Shop and Establishment Certificate/Vat Registration Certificate/ Service Tax      Certificate.

5. Latest 3 years Income Tax returns with profit and loss and balance sheet duly audited by CA.

6. Latest 12 months bank statement of the Company and of the Partners’ Savings Bank Account.

7. Existing Loans' Sanction letters accompanied with repayment track.

8. Business profile on the letterhead of the company.

9. ID/ Age Proof - PAN Card/ Passport/ Signature Proof/ Aadhar Card and Residence Proof – Passport/      Utility bills/ Bank Statements.

10. Cheque of Processing Fee.

1. Application form duly filled with photographs of directors.

2. Age Proof of Directors - PAN Card, Aadhar Card, passport.

3. Residence Proof of Directors - Utility Bills/ Passport/Bank statement/ Registered rent agreement.

4. PAN Card of Company.

5. Education Qualification - A professional qualification certificate in case of Doctors/CA/Architects.

6. Proof of Business - Shop and Establishment Certificate/Vat Registration Certificate/ Service Tax      Certificate.

7. MOA, AOA, List Of Directors, Share Holding Pattern of the Company.

8. Last 3 years IT returns with Profit and Loss account and balance sheet duly audited by CA.

9. Latest 12 months bank statement of Company of all current accounts and the same for Director’s      Savings Bank Account.

10. Existing Loans’ sanction letter with repayment track of company and Individual Directors.

11. Business Profile on the Letter Head of the Company.

12. ID/ Age Proof - PAN Card/ Passport/ Signature Proof/ Aadhar Card and Residence Proof –         Passport/ Utility bills/ Bank Statements.

13. Cheque of Processing Fee.

Eligibility Criteria
Documents required for Guarantor:

Your Janalaxmi Business Loan eligibility is determined by the following factors:-

Income/ Other Income

Age

Qualification

Property value

No of dependents

Bank Balance

Assets/Liabilities