Loan comparison of HDFC Bank Business Loan vs IDFC First Bank Business Loan

PAN Card – For Company/Firm/Individual

A copy of any of the following documents as identity proof:

Aadhaar Card

Passport

Voter's ID Card

PAN Card

Driving License

A copy of any of the following documents as address proof:

Aadhaar Card

Passport

Voter's ID Card

Driving License

Bank statement of the previous 6 months

Latest ITR along with computation of income, Balance Sheet and Profit & Loss account for the previous 2 years, after being CA Certified/Audited

Proof of continuation (ITR/Trade license/Establishment/Sales Tax Certificate)

Other Mandatory Documents [Sole Prop. Declaration Or Certified Copy of Partnership Deed, Certified true copy of Memorandum & Articles of Association (certified by Director) & Board resolution (Original)]

Photo identity and Address proof: As per RBI defined KYC guidelines. Ownership proof of office or residence

Business Proof: Shop Act License/MOA & AOA/GST registration/ITR, Partnership Deed, Udyam Certificate

Any one of the additional documents based on the selected variant

Banking scheme - Last 2 years’ ITR document and last 6 months’ bank statement

GST Returns scheme - Last 6 months’ bank statement, GST returns for the last 12 months, latest ITR and computation, Obligation details, and Banking facility sanction letter

Income scheme- Last 2 years’ ITR & computation, last 2 years’ audited PnL & Balance sheet, last 6 months’ Bank statements, Obligation details