Registered with
RESERVE BANK
OF INDIA (RBI)Regn No. B-03.00185
RESERVE BANK
OF INDIA (RBI)Regn No. B-03.00185
Registered with
RESERVE BANK
OF INDIA (RBI)Regn No. B-03.00185
RESERVE BANK
OF INDIA (RBI)Regn No. B-03.00185
MSME's encounter several constraints in their growth with the biggest & hardest challenge are being financed,i.e. mere availability of the same when required. Unlike ideas, willingness, and intent, timing of finance is very crucial. A helping hand in lending at the time of need becomes even more important because of this challenge. Understanding these problems faced by any MSME's, we at Recapita have an unsecured business loan up to Rs.50 lakhs with no collateral. ‘Unsecured business loan’ specifically suiting the business requirements of our customers, helping them with the business continuity and ultimately boosting the business growth.
View allBusiness Loan: Revolving
- Revolving in nature (can be renewed again after repayment or after the expiry of one year whichever is earlier).
- Amount – Up to Rs.50 lakhs.
- Tenure – Up to 365 days.
- Repayment – within 90 days of a drawl.
- Stay protected by paying a nominal premium (*insurance is a subject matter of solicitation', which essentially means that insurance has to be requested or asked for, not sold).
- No guarantee/ security or collateral required.
Business Loan: Term Loan
- Flexible Tenure of 12 to 24 months.
- Amount Rs. 10 lakhs to 50 lakhs.
- Attractive rate of interest.
- Repayment in Equated monthly Instalment.
- Stay protected by paying a nominal premium*.
- No guarantee/ security or collateral required.
Proof of Identity (any one)
Passport, Driving License, Voters ID, Pan Card, Aadhar Card.
Proof of Address (anyone)
Lease and License Agreement, Utility Bill (not more than 3 months old), Aadhar Card, Passport, 6 months Bank statements - Bank Passbook, Property registration documents, Property tax receipt.
In Case of Proprietorship: Photocopy of the following document
- PAN card and Aadhar card of Proprietor.
- Residence and firms Address proof.
- Copy of Business license (GST Registration etc.).
- Last 3 audited financials & ITR of the firm along with computation of income.
- Last 6 months Bank account statement of the Firm and Saving account.
- Copy of all loans sanction letters and repayment schedule (If any).
In Case of Partnership Firm: Photocopy of the following document
- PAN card of Firm and Partners.
- Aadhar card of all the Partners.
- Address proof of Residence and firm.
- Business license, Registered Partnership Deed with registration certificate, GST registration.
- 3 years audited financials & ITR of the firm along with a computation of income.
- 3 years ITR of all the partners along with a computation of income.
- Last 6 months bank account statement of Firms and all partners.
- Copy of all loans sanction letters and repayment schedule (If any).
In the case of Private Limited Company: Photocopy of the following document
- Last 3 audited financials of the firm along with ITR and computation of income.
- Last 2 year ITR along with Computation of income of Directors.
- PAN card and Aadhar Card of at least 2 Directors.
- PAN card of Company.
- Address proof of Company and Directors (Elec. bill, Tel bill, etc.).
- Certificate of Incorporation. MOA & AOA, Shareholding Pattern, List of Directors.
- Bank account statement of Company and directors for the latest 6 months.
- Loan sanction letter and Repayment schedule (If any).