Here is the list of documents needed for Business Loan:
 

• PAN Card: Necessary for the Company/Firm/Individual applying for the loan.

• Identity Proof: Any one of Aadhaar Card, Passport, Voter's ID Card, PAN Card, or Driving Licence.

• Address Proof: Any one of Aadhaar Card, Passport, Voter's ID Card, or Driving Licence.

• Bank Statement: Statements of the previous six months.

• Financial Statements: Latest Income Tax Return (ITR) with computation of income, Balance Sheet, and Profit & Loss Account for the previous two years, certified by a Chartered Accountant (CA).

• Proof of Continuation: Any one of an Income Tax Return (ITR), Trade licence, or Establishment/Sales Tax Certificate.

• Other Mandatory Documents: Sole Proprietorship Declaration (for Sole Proprietorship), Certified Copy of Partnership Deed (for Partnership Firm), or Certified True Copy of Memorandum (for Company).

The maximum limit on the Business Loan that can be availed from HDFC Bank depends on various factors such as the applicant's creditworthiness, business profile, repayment capacity, and the bank's policies. Generally, the maximum limit can range up to ₹75 lakh or higher for qualified applicants.

The time taken to sanction a Business Loan in HDFC Bank can vary based on factors such as the completeness of the application, verification processes, and the bank's internal procedures. Typically, it may take a few days to a couple of weeks for the loan to be sanctioned, provided all required documents and information are in order.

To apply for an HDFC Bank Business Loan, you must submit a copy of an identity proof document. Accepted options include Aadhaar Card, Passport, Voter's ID Card, PAN Card, or Driving License. Ensure the identity proof submitted is valid and clearly shows your name and photograph.

For HDFC Bank Business Loan processing, you must provide valid address proof. Acceptable documents include Aadhaar Card, Passport, Voter's ID Card, or Driving License. These documents must clearly show your residential address and match the details provided in your loan application.

You are required to submit your latest Income Tax Return, computation of income, Balance Sheet, and Profit & Loss account for the past 2 years. These financial statements must be CA-certified or audited to meet HDFC Bank Business Loan eligibility requirements.

Yes, you must provide your bank statement for the previous 6 months when applying for an HDFC Bank Business Loan. This helps the bank assess your financial health, monthly cash flows, and repayment capacity based on recent banking activity.

To prove business continuity for an HDFC Bank Business Loan, submit any one of the following: a valid Income Tax Return, Trade License, Establishment Certificate, or Sales Tax Certificate. These documents help confirm that your business is active and operating consistently.

Depending on your business structure, you must submit specific documents. These include a Sole Proprietorship Declaration, Certified Partnership Deed, Memorandum & Articles of Association (certified by a Director), and the original Board Resolution. These ensure proper verification for HDFC Bank Business Loan approval.