The lender must establish who is borrowing before assessing whether they should.
Income tax returns for the last two to three years, with computation of income Audited financial statements for the same years — balance sheet, profit and loss, schedules GST…
Title deeds of the property being offered Latest tax receipt and approved building plan Encumbrance certificate Valuation report from a panel valuer, arranged by the lender
Turnover in the ITR that does not agree with GST returns.
Two things are worth doing a month ahead.
We prepare the file, present it to lenders whose criteria actually fit your profile, and stay on it until the money moves — typically 25 to 45 days for a complete file.
Exactly which documents a bank or NBFC asks for on a business loan in India, why each one is asked for, and the four omissions that send a file back to the start.