MSME Application Form for UBI Loan PDF

PDF Name	MSME Application Form for UBI Loan
No. of Pages	8
PDF Size	0.36 MB
Language	English
Tags	Application Form
PDF Category	Banking & Finance
Source / Credits	unionbankofindia.co.in
Uploaded By	Krishan

MSME Application Form for UBI Loan - Summary

MSME loans are essential financial support for Micro, Small and Medium Enterprises (MSMEs) in India, provided by banks and NBFCs. These loans are also offered by the government through various schemes to help small business owners, startup founders, and women entrepreneurs. The tenure of MSME / SME loans may vary based on the lender’s policies. Get your MSME Application Form for UBI Loan easily in PDF format and download it for free!

Government Initiatives Supporting MSMEs

Our Prime Minister Shri Narendra Modi has launched the Aatma Nirbhar Bharat Abhiyan / Self Reliant Bharat 2020 Scheme. This scheme provides many opportunities for the MSME sector to grow and thrive.

CHECKLIST (For MSME Loan up to Rs.2.00 crore)

Proof of Identity- Voter’s ID card/ Passport/ Driving License/ PAN card/ signature identification from present bankers of proprietor, partner, or Director (if a company)
Proof of residence – Recent telephone bills, electricity bill, property tax receipt/ passport/voter’s ID card of proprietor, partner, or Director (if a company)
Proof of business address
Applicant should not be a defaulter in any Bank / Financial Institution.
Last three years’ balance sheets of the units along with income tax / GST returns etc. (Applicable for all cases from Rs. 2 lakhs and above). However, for cases with fund-based limits up to Rs.25 lakhs, if audited balance sheets are not available, then unaudited balance sheets are also acceptable as per extant instructions of the bank.
Memorandum and articles of association of the Company/ Partnership Deed of partners, etc.
Assets and liabilities statement of promoters and guarantors along with latest income tax returns.
Rent Agreement (if business premises on rent) and clearance from pollution control board, if applicable.
SSI/MSME registration, if applicable.
Projected balance sheets for the next two years in case of working capital limits and for the period of the loan in case of a term loan (for all cases of Rs. 2 lakhs and above).
In case of takeover of advances, sanction letters of facilities being availed from existing bankers/ Financial Institutions along with detailed terms and conditions.
Photocopies of lease deeds/ title deeds of all properties being offered as primary and collateral securities.
Position of accounts from the existing bankers and confirmation about the asset being standard with them (in case of takeover).
Copy of GST returns, if applicable.
The Audited Balance Sheets are necessary for limits of Rs.25.00 lakhs and above.

Owners of MSMEs looking for a loan can apply online or offline. Download the Union Bank of India Loan for MSMEs Application Form in PDF format for free using the link provided below or check the alternate link for more details. 📄

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