- Visit the nearest branches and fill in the application form and all necessary details.
- Summit KYC document, Income document and identity documents
- Wait for loan approval.
Transport Logistics @8.50% Onwards
• Minimal paperwork
• Speedy loan processing
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Eligibility Criteria
What you mean by Transport logistics Eligibility Criteria?
Get fund against your unpaid invoices, this help to have a strong unbreakable cash flow & good operational management of business. Avoid waiting for unpaid invoices to get paid as it will affect your present business also, hence opt for Transport and logistics.
Transport logistics Eligibility Criteria
There are few eligibility criteria you are required to have a look before applying for loan
- • Applicant should be in-between 25 –65 years
- • Any individual & companies engaged in transport logistics sector can apply
- • Should have good credit history
- • Applicant must be resident of India
What are the factors generally affecting Transport logistics Eligibility Criteria?
There are Top factors that generally affects Transport logistics Eligibility Criteria as given below-
Due to Incomplete Documentation: – One of the major reasons behind affecting the eligibility is incomplete documentation, for applying any kind of loan proper document requirement is the basic criteria of all banks & NBFC, due to incomplete docs your application will get rejected.
Irregular behavior in payment: – Lender will go through you application & check your credit report to know about past performance on doing payments & all, if it seems like you had irregular, default in making payment will affect your eligibility.
What are the ways to increase Transport logistics’ eligibility?
To increase Transport logistics’ eligibility, you need to consider points as given below, this will aid you in increasing your eligibility level.
Relationship with lender: – Well business plan: – Usually for any project funding a well thought business plan requires to estimate the funding prospect, used equipment & technology, finally a revenue generation plan. Strong business plan will definitely going to boost your eligibility.
Maintain good credit: – Pay your loan EMI, bills on regular basis to avoid any kind of score affect in credit. If you are looking to close old credit cards, avoid doing that, as it can help you increasing credit limit as well as loan eligibility.
Documents Required
- PAN CARD COPY
- AADHAR CARD + PASSPORT
- ADDRESS PROOF IF RENTED ALSO REQUIRED PERMANENT ADDRESS PROOF
- LAST 3 YEARS FORM -16, ITR WITH COMPUTATION OF INCOME IF FILE
- LAST 1 YEAR BANK STATEMENT – SALARY ACCOUNT
- LOAN SCHEDULE & SANCTION LETTER (IF RUNNING)
- COMPLETE PROPERTY PAPERS WITH CHAIN & MAP +ATS
- PROCESSING FEE CHEQUE IN FAVOUR OF BANK
- PROJECTED FINANCIAL
- PROJECT FEASIBILITY REPORT
- COMPANY PROFILE & MANAGEMENT PROFILE
- ISO CERTIFICATE & MSME CERTIFICATE
- POLLUTION CERTIFICATE
- CMA DATA
- MACHINE QUOTATION
- BUILDING CONSTRUCTION ESTIMATE
- LAST 3 MONTHS SALARY SLIP + APPOINTMENT LETTER
- PAN CARD CLEAR COPY PROPRIETOR
- ADDRESS PROOF (PASS PORT, VOTER ID CARD) PROPRIETOR
- OFFICE ADDRESS PROOF LATEST (ELECTRICITY BILL, TELEPHONE BILL)
- FIRM REGISTRATION CERTIFICATES & GST REGISTRATION COPY
- LAST 1 YEAR GST RETURN COPY
- FIRM 3 YEARS ITR COMPUTATION, PROFIT LOSS A/C, BALANCE-SHEET, TAX AUDIT REPORT, ALL SCHEDULED & ANNEXURE
- PROVISIONAL FINANCIAL AY 2019-20
- BANK ACCOUNTS (CURRENT ACCOUNT, CC ACCOUNT, OD ACCOUNT LAST 1 YEAR UPDATED)
- 6 MONTH SAVING ACCOUNT STATEMENT UPDATED (PROPRIETOR)
- IF RUNNING ANY LOAN PLEASE PROVIDE SANCTION LETTER AND REPAYMENT SCHEDULED
- AGREEMENT TO SELL COPY
- PROPERTY PAPERS WITH CHAIN SANCTION MAP
- PROJECTED FINANCIAL
- PROJECT FEASIBILITY REPORT
- COMPANY PROFILE & MANAGEMENT PROFILE
- ISO CERTIFICATE & MSME CERTIFICATE
- POLLUTION CERTIFICATE
- CMA DATA
- MACHINE QUOTATION
- BUILDING CONSTRUCTION ESTIMATE
- PARTNERS
- PAN CARD – COMPANY, ALL PARTNERS
- ADDRESS PROOF – ALL PARTNERS (PASS PORT, VOTER I PAN CARD, ADHAAR)
- FIRM ADDRESS PROOF- LATEST ANY UTILITY BILL.
- PARTNERSHIP DEED COPY
- GST CERTIFICATE
- GST RETURN LAST 1 YEARS
- 3 YEAR COMPANY ITR COI P/L A/C BALANCESHEET + AUDIT REPORT 3CB 3CD, ALL ANNEXXURS, SCHEDULED WITH C.A.CERTIFIED
- PROVISIONAL FINANCIAL AY 2019-20
- 3 YEAR.ALL PARTNER INDIVIDUALS ITR + COMPUTATION
- FIRM ALL A/C BANK STATEMENT 1 YEAR UPDATED
- ALL PARTNER SAVING A/C STATEMENT 6 MONTH
- IF RUNNING ANY LOAN – LATEST SANCTION LETTER + TRACK RECORDS OR REPAYMENT SCHEDULED
- AGREEMENT TO SELL COPY
- PROPERTY PAPERS COMPLETE CHAIN WITH MAP
- PROJECTED FINANCIAL
- PROJECT FEASIBILITY REPORT
- COMPANY PROFILE & MANAGEMENT PROFILE
- ISO CERTIFICATE & MSME CERTIFICATE
- POLLUTION CETIFICATE
- CMA DATA
- MACHINE QUOTATION
- BUILDING ONSTRUCTION ESTIMATE
- PHOTOGRAPH
- CLEAR PAN CARD – COMPANY AND ALL DIRECTORS
- ADDRESS PROOF – COMPANY AND DIRECTORS
- LIST OF DIRECTOR& SHARE HOLDER WITH CA CERTIFIED AS ON DATE
- MEMORANDOM ORDER IN HAND AND COMPLETE COPY (IF APPLICABLE)
- GST, SALE, VAT AND SSI REGISTRATION CERTIFICATE
- 1 YEAR GST RETURNS
- ALL DIRECTORS INDIVIDUALS ITR & COMPUTATION LAST 3 YEARS.
- LAST 3 YEARS COMPLETE FINANCIAL WITH TAX AUDIT REPORT AND ANNEXURE
- PROVISIONAL FINANCIAL FY 2019-20 OR MONTH WISE SALE FIGURE LAST 1 YEAR
- COMPANY ALL BANK ACCOUNT STATEMENT 1 YEAR UPDATED
- ALL DIRECTORS SAVING A/C STATEMENT 6 MONTH
- IF RUNNING ANY LOAN – LATEST SANCTION LETTER AND REPAYMENT SCHEDULED.
- AGREEMENT TO SELL COPY
- PROPERTY PAPERS COMPLETE CHAIN WITH SANCTION MAP
- PROJECTED FEASIBILITY REPORT
- COMPANY PROFILE & MSME CERTIFICATE
- POLLUTION CERTIFICATE
- CMA DATA
- MACHINE QUOTATION
- BUILDING CONSTRUCATION ESTIMATE
Frequently Asked Questions
This credit loan is provided for managing how resources are acquired, planning, controlling, storing, and transportation and warehousing.
No Collateral security is required for Transport Logistics.
Which bank is best for Transport Logistic Loan?
If, you have low cibil score then you can’t take Transport Logistic Loan .Your cibil score should be above 750 then only you can apply for transport logistic loan.
The construction builders loan eligibility criteria’s is given below: —
- Applicant should be in-between 25 –65 years
- Must be resident in India
- They Must have good credit history
There are some features and benefits of Transport Logistic Loan: –
- Collateral-free loans
- minimum documentation
- No hidden costs.
- Online process through website
- Lower interest rate.