Click here to Apply for Working Capital in Bhopal
We are Indexia Finance with substantial appetite for recognized credits. We have a team of customer-driven relationship managers with wide industry experience in various segments. We can offer you working capital finance by way of cash credit or loans suitably structured to your needs and your risk profile in consortium or as a sole banker.
Indexia Finance provides Working Capital Bhopal, it means we provide a Working capital loan in Bhopal for your doorstep facility, as now the right bank will come to your doorstep. You can apply online for Working Capital in Bhopal at lowest rate of interest.
Eligibility criteria for Working Capital Bhopal:
The scheme is meant for limited companies, which are industrial concerns as defined in IDBI Act
Those limited companies, which have not got any working capital: They were under financed & hence running in lower capacity.
There is market for the product
The promoters are competent and persons of integrity
Technology is not outdated
The Company and the unit must be potentially viable
Required Documents For Working Capital Bhopal
The required documents for Working Capital Bhopal are as below;
Self-attested copy of KYC Documents
Entity proof – Partnership deed/Certificate of Incorporation/Shops and Establishment certificate
Copy of PAN Card of Entity, Proprietors/Partners/Directors, Security providers and guarantors
Address Proof of Entity, Proprietors/Partners/Directors, Security providers and guarantors
Last 3 years Audited/Provisional Financials (Audited financials to include Balance Sheet, Profit and Loss Account along with schedules and Notes to Accounts, Tax audit reports, Statutory Audit report). In case of Provisional financials, VAT returns are also required
Current year performance and projected turnover on letterhead of the entity
Last 1 year Income Tax returns of the borrowing entity (along with Computation of Income), if filed online, acknowledgement number is required
Latest Bank Statements for last 6 months (in case of First Time Borrower) and 12 months (in case of Takeover proposals). In case of multiple banking, statements covering minimum 75% of banking turnover is to be provided
Orders in hand and status along with order copies/Letters of intent/Contract agreements
Previous 3 inland LC transaction details for ascertaining track record
Project report containing cost of project, means of finance, expenditure incurred and projections along with justifiable details
Government approvals for power, Pollution, Building plan along with documentary proofs
Proforma invoices of assets to be purchased, copy of allotment letter/conveyance deed in case of land, architect certificate for validating cost of building to be constructed.
Click at Working Capital in India for more details.
