Turnover Declaration Basis: Max : Rs.25,000/-
Permissible Loan Eligible amount is 25% of the Turnover declaration by applicant in self-declaration i.e., without IT returns
IT Return basis : Max : Rs.2.00 Lakhs
Eligible Loan amount is 25% of the Business Turnover declared in the latest IT return (Turnover declared in computation of income/trading/Income&Expence account not to be considered)
a) Licenses viz., Trade License, Certificate of Registration
of Firm/unit.
b) PAN and Aadhaar details.
c) CIBIL report for both Firm/Unit as well individuals.
d) Latest ITR/Turn over declaration.
Hypothecation of stocks (Charge creation in CERSAI to be ensured)
The unit mandatorily to be covered under CGFMU