Here are a few factors
|Location||50Km from Branch|
|Business Vintage||3 Year|
|Minimum Turnover||1 Cr-300 Cr|
|Loan Amount & Tenure||1
(12 to 36 month)
|Loan Product||Only Term Loan|
|Rate of Interest & Type||19% to 22% (Reducing)|
|Applicant Type||Any Self Employed Person|
|Whether Co-Applicant Mandatory||Lady Co-Applicant|
|Proprietor Age/Co-Applicant Age||22 year to 65 year|
|Part Payment Allowed||Yes, after 12 month|
|Whether Ownership Proof Required||Yes, either office or residence one should be owned|
|Business Registration Proof Mandatory||Yes|
|Program||Banking Program-30 Lac, Income Program-1 Cr|
|Product for Professionals||No|
Jewellers, Share Traders, Gym, Liquor Business, Man Power Industry,
Hotel & Restaurant, Aviation Sector, Real Estate
Doing funding to Both Side Rented Applicant
2. No of Enquiries not considered
3. No of running loans not considered
Minimum 51% Shareholding required on Loan if applicant is LLP/Partnership
2. Grain Traders & Civil Contractor are catious profile
Mas Finance Business Loan EMI Calculator
|Interest %||18 %|
|Emi (monthly)||₹ 9,168|
|Total Interest||₹ 10,016|
|Loan Amount + Interest||₹ 110,016|
|Year||Total Principal |
( A )
|Total Interest |
( B )
( A + B)
|Total Payment||Loan Paid Till Date (%)|
|₹ 23,351||₹ 4,153||₹ 27,504||₹ 76,649||23.35 %|
|₹ 76,651||₹ 5,861||₹ 82,512||₹ 0||100.00 %|
Documents Required for Mas Finance Business Loan
KYC of applicant & Co-Applicant
Last 3 year ITR with computation of income of applicant & co-applicant
Last 3 year audited balance sheet of applicant
Last 3 year Tax audit report of applicant
Last 12 month Bank Statement of applicant & co-applicant
26AS of last 2 year of applicant & co-applicant
Copy of GST registration
Copy of MSME registration
Copy of Last 12 month GST return
Sanction letter of all running loan
Latest utility Bill of residence if owned or rent agreement if rented
Latest utility Bill of Office if owned or rent agreement if rented
2 Reference with contact details
Last 3 year Debtors & Creditors on letter head
List of Directors & Shareholders, if applicant if Company or List of Partners if applicant is Partnership firm/LLP
Note : Mas Finance Business Loan may ask for additional documents based on the applicant’s profile. The above list is for reference purposes only.
Some Important Points
- Company-MOA, AOA, COI , PAN Card
- Partnership Firm/LLP- Partnership Deed & PAN Card
- Proprietorship Firm- PAN Card, Adhaar Card, Passport size photo
- KYC means Adhaar Card, PAN Card, Passport Size Photo
- Company : Directors
- Partnership firm/LLP : Partners
- Proprietorship Firm : Spouse of Proprietor
About Mas Finance Business Loan
Your company's goals deserve the best fuel. You'll get the financial backing you need to expand, innovate, and enter new markets with MAS Finance Business Loans. MAS Finance is here with you on your journey, whether it's grabbing growth possibilities or dealing with unforeseen challenges.
With MAS Finance Business Loans, you may harness the power of financial assistance suited to your specific business needs. MAS Finance aims to deliver the money along with solutions that can assist your business to thrive as a loyal partner in your journey to success.
Cost management is critical for long-term growth. MAS Finance business loans have affordable interest rates, keeping your financial load bearable while you achieve your business ambitions.
Save Your Time with a Simple Loan Process
Visit Our Website
For the first step, you will have to visit our website to explore the loan options that fit your needs.
Select and Apply
Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.
Submit Your Document
One of the most important steps. Now you will have to submit all the required documents digitally.
Enjoy Your Financial Freedom!
Once your application is approved based on your eligibility, you will receive your loan amount shortly.