Knowledge Series....Documents Requirement for Personal & Business Loan Cases...!!!

  Request to learn below basic details and requirements to process cases proper, smoother & Faster...

*    DOCUMENTS REQUIRED FOR PL - Salaried

- 1 pp size photo...
- PAN Card...
- Resi. Address proof as per KYC guideline...
- Resi. Ownership Proof (As per requirement)...
- Last 3 months' salary slip...
- Last 6 months' banking...
- Last 2 years' Form-16 (As per requirement)...
- Total Employment Proof of 2 yrs / 3 yrs, as per policy requirement...
-  Loan Repayment Schedules of active loans...
Note :-
    - All docs. should be signed / self attested as per Table pasted...

    - SOA / Loan repayment Schedule is required for EXBT / COBT Cases…


*    DOCUMENTS REQUIRED FOR ……….

Ø Normal BIL Program

Proprietorship :-

• 1 PP Photo...
• PAN Card...
• Resi. Address proof as per KYC guideline...
• Resi. Ownership proof...
• Office (Ownership) proof...
• Last / Latest 2 year's IT Return with Audited Financials along with all Scheduled...
• Last 6 months banking of all business a/c...
• Loan Repayment Schedules of all live loan...
• Closer letter of loans which are active as per last/latest Balance sheet (if closed)...
• OD / CC sanction / Renewal letter...
• Current year VAT Return / Form-201 / Month wise Sales Ledger supported with Provisional Financials...

Partnership Firm :-

• 1 PP Photo...
• PAN Card (Individual & Firm)...
• Resi. Address proof as per KYC guideline of Co-applicant(s)...
• Resi. Ownership proof...
• Office (Ownership) proof...
• Partnership Deed...
• Last / Latest 2 year's IT Return with Audited Financials of Firm...
• Last / Latest 2 year's IT Return with financials of Individual partner (who is/are coming as co-applicant)...
• Last 6 months banking of all business a/c...
• Loan Repayment Schedules of all live loan...
• Closer letter of loans which are active as per last/latest Balance sheet (if closed)...
• OD / CC sanction /renewal letter...
• Current year VAT Return / Form-201 / Month wise Sales Ledger supported with Provisional Financials...

PVT LTD -&- LTD Firm :-

• 1 PP Photo...
• PAN Card (Individual & Firm)...
• Resi. Address Proof as per KYC guidelineof Co-applicant(s)...
• Resi. Ownership proof...
• Office (Ownership) proof...
• MOA / AOA...
• Last / Latest 2 year's IT Return with Audited Financials of Company...
• Last / Latest 2 year's IT Return with financials of Individual director (who is/are coming as co-applicant)...
• Last 6 months banking of all business a/c...
• Loan Repayment Schedules of all live loan...
• Closer letter of loans which are active as per last/latest Balance sheet (if closed)...
• OD / CC sanction /renewal letter...
• Current year VAT Return / Form-201 / Month wise Sales Ledger supported with Provisional Financials...

*    DOCUMENTS REQUIRED FOR ……..

IT Ret. Program – Unaudited Financials

·         Document requirement is same as Normal BIL program. Only, change is both year financials should be CA Certified

AL Surrogate

·         KYC Norms are same as Normal BIL…

·         SOA of AL…

·         RC Book of the same vehicle…

·         Last / Latest 2 year's IT Return with Computation/Statement of Income…

• Last 6 months banking of all business a/c...
• Loan Repayment Schedules of all live loan...

·         Closer letter of loans which are active as per last/latest Balance sheet (if closed)...

HL / LAP Surrogate

·         KYC Norms are same as Normal BIL…

·         SOA of HL / LAP…

·         Last / Latest 2 year's IT Return with Computation/Statement of Income…

• Last 6 months banking of all business a/c...
• Loan Repayment Schedules of all live loan...
• Closer letter of loans which are active as per last/latest Balance sheet (if closed)...

Note :-

- SOA is required for EXBT / COBT Cases…
- Interest Paid bifurcation as per latest IT Return (P&L) in Normal BIL cases...
- Debtors & Creditors Aging for respective Financial year (If Debtors are > 3 months and asked for) in Normal BIL cases...
- 51% Stake holders should be co-applicant is mandatory. Take co-applicants accordingly...
- Co-applicant is mandatory in all BIL cases, if applicant's age is > 51 years at the time of login...
- Obligation detail sheet is mandatory...(Format Pasted below)...
- Other clarifications will be taken case -to- case bases (If required)...


- All docs (KYC) should be clear and latest copy to avoid unnecessary Login Queries...

** All docs. should be signed / self attested as per below pasted Table...

Sr No	Documents Requirement	No of Sign / Self-attestation
1	KYC Document	On Both Side (If Back Side Printed)
2	Stability Proof	1st & Last Page
3	IT Ret.	1st & Last Page
4	Computation of Income	1st & Last Page
5	Audited Financials	1st Page & Last Page of Audit report --&-- P&L - Bal. Sh.
		- All Shedules of P&L ---&--- Bal. Sh.
		- Stamp-Sign of CA & Applicant in Audit report & P&L - Bal. Sh.
6	Partnership Deed / MOA/ AOA	1st & Last Page
7	Banking	1st & Last Page
8	SOA/WC Letter/LOAN Statement	1st & Last Page
9	Application Form	7 Sign / stamp-sign as written in Appl Form. Additional sign/stamp-sign req on 3rd page of Appl form in AUTHORIZATION LETTER (non ICICI Bank Account) + sign / stamp-sign in box no. 8-9-10 as per requirement.
10	1 KYC Declaration / Login Format	Sign / Stamp-sign on 1st Page
11	PAL Letter	1st Sign as per Form & Docs. 2nd Sign (Parelal to 1st sign) is as per Cheque. Remaining all Partners' sign with stamp.
12	Board Resolution	1st Sign as per Form & Docs. 2nd Sign (Parelal to 1st sign) is as per Cheque. Other Director's sign with stamp as an Authorisor.
13	S V (If req)	SV is require if sign is different than the document as available in file (e.g. Differ than PAN Card / Passport / Dr. Licence etc..)
14	Current year Provisional Financials supported with VAT Ret / Form - 201