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Business Loans for Petrol Pump

Business Loans for Petrol Pumps

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Eligibility Criteria for Business Loan for Petrol Pump

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Your petrol pump loan interest rate will be based on how well you meet our eligibility requirements. And we have set the basic criteria for you to apply.

Citizenship & Age:

  • Indian citizenship is required at the time of application.
  • Minimum age requirement is 21 years.
  • Maximum age at the end of the loan's tenure should not exceed 65 years.

Occupation:

  • Self-employed Professionals:
  • Architects
  • Chartered Accountants
  • Doctors
  • Company Secretaries
  • Self-employed Non-Professionals:
  • Sole Proprietors
  • Retailers
  • Traders
  • Manufacturers
  • Service Providers

Entities:

  • Limited Liability Partnerships (LLPs)
  • Private Limited Company
  • Partnership Firms
  • Trusts

Work Experience:

  • A minimum of five years of experience in the existing business as an SME.

Monthly Income:

  • There are no predefined income criteria for granting a business loan.

Document Required for Business Loan for Petrol Pump

We process your business loan for petrol pump request by cross-checking whether you meet our eligibility criteria, and for this, we ask for the following:

Document Description
Duly filled application form Application form completed with PAN card details
Identity Proof Voter ID Card, Photo ID issued by GOI, Passport, Driving Licence, Aadhaar Card
Address Proof Aadhaar Card, Voter ID Card, Property Tax Receipt, Driving Licence, Utility Bill, Registry Copy, Property Tax Receipt, Lease or Rent Agreement
Business Continuity Proof Gumasta,MSME,GST,Gram Panchayat Letter NOC , VAT, Excise, Sales Tax, Service Tax Registration, Trade License, Copy of partnership deed, Registration Certificate issued by RBI or SEBI, Certificate of Practice
Signature Proof Banker’s Verification/ Passport/ PAN Card
Income Proof Latest ITR, GST returns for the financial year, Latest audited financials, Last 6 months bank statement
Additional Documents List of Directors, Shareholding patterns (if applicable)

Documents Needed to Apply for a Business Loan Without an ITR

  • Address Proof:
    Aadhaar Card/ Property Tax Receipt/ Voter ID Card/ Driving Licence/ Registry Copy/ Utility Bill/ Property Tax Receipt/ Rent Agreement
     
  • Identity Proof:
    Driving License/ Voter ID Card/ Aadhar Card
     
  • Business Continuity Proof:
    Sales Tax Registration/ VAT Registration/ Trade License/ Partnership Deed/ SEBI or RBI issued Registration Certificate
     
  • Income Proof:
    Recent bank account statements 
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पेट्रोल पंप डीलरशिप 2024 में कंपनियों की नाम

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