Whether you want to start a new business or expand an existing one, Urmodi Sahkari Patsanstha Maryadit, Mumbai's business loan is a reliable partner for your progress. We stand firmly by your side for all your business needs, whether it's capital investment, purchasing new machinery, covering operational expenses, or building infrastructure. With low interest rates and instant approval, stay ahead in the competition and move towards progress.
For more information on business loans and related details, visit the nearest branch of Urmodi Sahkari Patsanstha Maryadit.
High Loan Disbursement Amount
Extended Loan Tenure
Quick and Easy Loan Disbursement
KYC Documents
Attractive Interest Rates
For all individuals / partners / directors - PAN Card / Aadhaar Card / Driving License / Voter ID / Passport and official valid documents + Proof of Address (if not as per official valid documents).
Director/Owner/Partner PAN Card/Aadhaar Card/Driving License/Voter ID/Passport
Proof of Business Registration + Proof of Business Address (If not as per Business Registration Certificate)
Electricity Bill/Rental Agreement
Bank Account Statement for the last 6 months.
Yes, Urmodi Sahkari Patsanstha Maryadit provides funding for your business with minimal and simple documentation requirements. The required documents may include KYC, proof of business address, and financial documents.
To be eligible for a business loan from Urmodi Sahkari Patsanstha Maryadit, you must be at least 24 years old at the time of application and not more than 65 years old at the time of loan maturity. You should have a minimum of 2 years of business experience, and your business must have a minimum annual turnover of ₹6 lakh. Additionally, extra criteria may apply during the loan process as per the policies under Poonawalla Fincorp.
Yes, a good credit score is required to be eligible for a business loan. Typically, the minimum bureau score required for a loan application is 700. However, to get the best terms on the loan, a bureau score of 750 or above is preferred.
To meet the business loan eligibility criteria, you will need to provide basic KYC documents, financial documents, and business-related documents.
Yes, you can obtain this list online by visiting the official website. Please note that the documents listed online for a business loan are indicative, and additional documents may need to be submitted if required during the loan process.
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