Kishor mudra loan:
Kishor under the MUDRA loan yojana offers up to Rs.5 Lakh to those businesspersons who are looking for additional funds to expand their operations.
Checklist:
• Last 6 months of account statements from an existing banker, if any.• Balance sheet for last 2 years.
• Income/sales tax returns.
• Estimated balance sheet for 1 year or for the duration of the loan.
• Memorandum and articles of association, if any.
Required Documents for Kishor Loan:
Different lenders may ask for different documents. Here we mentioned all documents for kishor loan
- Address proof
- Identity proof
- Your balance sheet, sales tax returns and your IT returns during 3 years
- A disclosure for business liabilities and business assets
- Business address proof document
- If your business is registered then submit the registration forms
- You need to submit the 2 years projected balance sheet, because your business liability of term loan to the tune of Rs 2 Lakh/more than amount
- You need to provide the projected 2 years balance sheet to lender
