Here are a few factors

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Location Delhi-NCR
CIBIL Score 650+
Processing Offline
Business Vintage 2 Year
Minimum Turnover 40 Lac+
Loan Amount & Tenure 5 Lac-30 Lac
(12 month-24 month)
Loan Product 1. Term Loan
2. Line of Credit
Rate of Interest & Type 22% to 30% (Reducing)
TAT Sanction-3 Days
Disbursement-5 Days
Processing Fees 6%
Foreclosure Charges Nil after 6 month
Applicant Type Any Self Employed Person
Whether Co-Applicant Mandatory Yes, when applicant is other than individual or proprietorship firm 
Proprietor Age/Co-Applicant Age 21 Year-58 Year
Part Payment Allowed Yes
Whether Ownership Proof Required Yes, Either Office or Residence should be owned in NCR
Business Registration Proof Mandatory Yes
Program 1. Banking-30 Lac
2. GST Program-30 Lac
3. Income Program-30 Lac
Product for Professionals No
Negative Profile Both Side Rented, School, Advocates, Jewellers, Share Traders, Liquor Business
USP Supplier Finance to all Iron & Plastic retalted items merchants
Additional 1. 51% Shareholding required on Loan if applicant is LLP/Partnership firm/Company
2. CIVIL Contractors are catious profile

Documents Required for Maxemo Capital Business Loan

Business loan eligibility is based on basic terms like CIBIL score, age, business turnover, and more that candidates must fulfil to avail business finance

Let’s look into the required Documentation to make your application process even smoother:

  • 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
  • Debt Sheet
  • 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 : Maxemo Capital Business Loan may ask for additional documents based on the applicant’s profile. The above list is for reference purposes only.

Some Important Points

1. KYC Means If Applicant is
  • Company-MOA, AOA, COI , PAN Card
  • Partnership Firm/LLP- Partnership Deed & PAN Card
  • Proprietorship Firm- PAN Card, Adhaar Card, Passport size photo
For Co-Applicant
  • KYC means  Adhaar Card, PAN Card, Passport Size Photo
Co-Applicant means in case of
  • Company : Directors
  • Partnership firm/LLP : Partners
  • Proprietorship Firm : Spouse of Proprietor
2. If applicant is professional, then his professional degree is required

About Maxemo Capital Business Loan

In the business-driven world, time is of the essence. You are assured of a speedy and straightforward loan application process from Maxemo Capital. Bid goodbye to documentation headaches and welcome fast, flexible financing that won't hold you back.

Maxemo Capital assists your progress without hampering it with absurd interest rates. Here you will get competitive interest rates, providing you the financial freedom to concentrate on development and expansion.

Don't allow money to be a hurdle to your success. Apply for a Maxemo Capital business loan today and begin the first step towards realising your business goals.

01
Visit Our Website

For the first step, you will have to visit our website to explore the loan options that fit your needs.

02
Select and Apply

Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.

03
Submit Your Document

One of the most important steps. Now you will have to submit all the required documents digitally.

04
Enjoy Your Financial Freedom!

Once your application is approved based on your eligibility, you will receive your loan amount shortly.

Leave Your Question

FREQUENTLY ASKED QUESTIONS

You need at least a 650+ CIBIL Score to get approved for a business loan.

Your minimum turnover should be at least Rs. 50 lakh.

Generally, they offer 22% to 30% interest rates. 

Yes, you have to pay 5% of the loan amount as a processing fee.

Yes, it is mandatory to have a co-applicant.