Moneyplus Small Business Mortgage Loan is to serve small businesses, self-employed segment like traders, retailers, small manufacturers & services providers who require higher capital to improve their operational & working capital capacities.
Who can avail?
Moneyplus Small Business Mortgage Loan is for small retailers, traders, manufacturers & service providers
Loan Amount
Rs. 3,00,000 to Rs 25,00,000.
Repayment Period
24 months to 120 months
Purpose of the Loan
To enable businesses to improve their operational & working capital capacities.
Security Required:
To be secured against Sale deed property / Lal Dora Property / GPA / family transfer.
Prerequisites and Process
Client’s Property should not be in our negative area list.
Purpose of loan should be constructive and economically productive.
Client’s property should not be mortgaged already, and client should be in the possession of property.
In case of GPA property, it must be self-occupied.
Documents Required
Application form.
1 Photograph each of Applicant and Co-Applicant.
Income Details: IT returns, Balance sheet & P/L account statement for the last 2 years with Annexure, Form 16 A/Cash Flow report from the onsite team.
Bank account statements for the last 6 months.
KYC documents of applicant as well as co-applicant.
Business vintage for 3 years.
Business Proof: Certificate of practice.
QUICK CONTACT
REGISTERED OFFICE
215, 2nd Floor, Arunachal Building, 19, Barakhamba Road, Connaught Place New Delhi-110001