I want to take a machinery loan. I want to know the documents I need to keep ready for the same


I have to take a loan to buy new machinery.


Documents required for a Machinery loan:

PAN Card of the proprietor
Aadhaar Card of the proprietor
Bank Statements of the last 12 months (in PDF)
Income Tax Returns For The Previous 2 years
Latest Balance Sheet & P&L (provisional/audited)
Shop Establishment License/Gumasta
GST Registration Receipt
GST Receipts/Challans
Tax Invoice Copy of the Equipment/Machinery Purchased/Proforma Invoice/Quotation of the Machinery to be purchased.

If you are looking for an unsecured loan, Gromor has a simple application process and the loan disbursal is within 3 days or less!