MSME Loan Application Form - Summary
Are you ready to apply for MSME loans of up to Rs.10 crore? To help you, we have created a detailed checklist that lists all the important documents and information you will need. This guide is perfect for anyone looking to download the MSME Loan Application form in PDF format and smoothly complete their application.
Essential Documents for MSME Loan Application
MSME Loans up to Rs.10 crore – CHECKLIST
- Proof of Identity: Aadhaar Card / Voter’s ID Card / Passport / Driving License / PAN Card / Signature identification from the current bankers of the proprietor, partner, or director (if a company).
- Proof of Residence: Aadhaar Card / Recent telephone bills, electricity bill, property tax receipt / Passport / Voter’s ID Card of the Proprietor, partner, or Director (if a company).
- Proof of Business Address.
- The applicant must not be a defaulter in any Bank or Financial Institution. Include Memorandum and Articles of Association for the Company or Partnership Deed for partnership firms, etc.
- Assets and liabilities statements for promoters and guarantors along with the latest income tax returns.
- Rent Agreement (if the business premises are on rent) along with clearance from the pollution control board, if applicable.
- SSI / MSME registration / Udyog AADHAAR Memorandum, if applicable. Include projected balance sheets for the next two years for working capital limits and for the loan period in case of a term loan.
- Copies of lease deeds/title deeds of all properties offered as primary and collateral securities.
- Certificate of incorporation from RoC in case of a company (CIN No. and DIN No. of directors).
- Bank Account details where applicable (including details of outstanding amounts in case of existing loans/limits).
- GSTN No., if applicable.
- Credit Rating details and report, if available.
- ZED rating, if available.
For Cases with Exposure above ₹ 25 lakh
- Profile of the unit, including names of promoters, other directors in the company, activities undertaken, addresses of all offices and plants, shareholding pattern, etc.
- Last three years’ balance sheets of any Associate / Group Companies, if applicable.
- Project report for the proposed project (if term funding is required), detailing the machinery to be acquired, supplier information, pricing, machine capacity, utilization assumptions, projected production, sales, profits, loss, and financial details for the loan duration, including labor and staff hiring basis.
- Information about the manufacturing process, major executives in the company, any existing tie-ups, details about raw materials and suppliers, buyers, major competitors, and the company’s strengths and weaknesses in comparison.
You can download the MSME Loan Application form in PDF format directly from the link provided below. This will ensure you have all the necessary information readily available while filling out your application for MSME loans.