What is business Loan: A Business loan is a loan that an individual or a company borrows from a bank or a financial company at a certain rate of interest to be used for business purpose only. The Business Loan is usually provided in the form of Working Capital or Term Loan.
Overview of Canara Bank: Canara Bank is one of the largest public sector banks owned by the Government of India. It is headquartered in Bengaluru. It was established at Mangalore in 1906. It is one of the oldest public sector banks in the country. The government nationalized the bank in 1969. For more information, Please visit the following link: https://www.canarabank.com/
Documents required for business loan:
1. Application Form with 2 passport size photographs
2. KYC Documents
3. Last 3 years Audited/Provisional Financials
4. Last 1 year Income Tax returns
5. Latest Bank Statements for last 1 year
Chillz India Financial Services can help you in fulfilling your requirements. Our team of professionals can help you in getting the secured and unsecured Business Loan from Canara Bank. We can help you in getting the working Capital, Cash Credit or Business Loan.