Union Bank of India Loan for MSME Application Form PDF

Union Bank of India Loan for MSME Application Form PDF

 Union Bank of India Loan for MSME Application Form PDF

Download a PDF of the Union Bank of India Loan for MSME Application Form from the link available below in the article, Union Bank of India Loan for MSME Application Form PDF free or read online using the direct link given at the bottom of the content.

Union Bank of India Loan for MSME Application Form PDF

DownloaUnion Bank of India Loan for MSME Application Form

Union Bank of India Loan for MSME Application Form PDF read online or download for free from the www.unionbankofindia.co.in link given at the bottom of this article.

MSME loans are offered to Micro, Small, and Medium Enterprises (MSMEs) by financial institutions that include banks and NBFCs. MSME loans are also offered by the government with the help of various schemes which are further discussed. Mostly, this kind of loan is given to startup owners, small business owners, and women entrepreneurs on a short-term basis. The duration of MSME / SME loans varies from lender to lender.

CHECKLIST (For Loan upto Rs.2.00 crore)

  1. 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) 
  2. Proof of residence – Recent telephone bills, electricity bills, property tax receipt/ passport/voter’s ID card of proprietor, partner, or Director (if a company) 
  3. Proof of business address 
  4. Applicant should not be a defaulter in any Bank / FI. Last three years' balance sheets of the units along with income tax / GST returns etc. (Applicable for all cases from Rs. 2 lacs and above). 
  5. However, for cases with a fund base limit of up to Rs.25 lacs, if audited balance sheets are not available, then unaudited balance sheets are also acceptable as per extant instructions of the bank. 
  6. Memorandum and articles of association of the Company/ Partnership Deed of partners etc 
  7. Assets and liabilities statement of promoters and guarantors along with latest income tax returns. 
  8. Rent Agreement (if business premises are on rent) and clearance from the pollution control board, if applicable. 
  9. SSI/MSME registration, if applicable. 
  10. Projected balance sheets for the next two years in case of working capital limits and for the period of the loan in case of term loan (for all cases of Rs. 2 lacs and above). 
  11. In case of takeover of advances, sanction letters of facilities are being availed from existing bankers/ Financial Institutions along with detailed terms and conditions. 
  12. Photocopies of lease deeds/ title deeds of all properties being offered as primary and collateral securities. 
  13. Position of accounts from the existing bankers and confirmation about the asset being Standard with them (in case of takeover). 
  14. Copy of GST returns, if applicable The Audited Balance Sheets are necessary for the limit of Rs.25.00 lacs and above.

Proof of Identity- VotOwner of MSMEs who are seeking loan for their business can apply online or offline. Download Union Bank of India Loan for MSMEs Application Form Online for free in pdf format using link provided below or visit alternate link for more details.

Download link of PDF of Union Bank of India Loan for MSME Application Form

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Anas Ibn Yousuf

Hi Everyone, I am Anas from Kerala, One of the owners of PDFuploads. I have 8 Years of experience in Blogging.

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