Unsecured Business Loan

Unsecured loan is a loan that is issued and supported only by the borrower's creditworthiness, rather than by any type of collateral. An unsecured loan is one that is obtained without the use of property as collateral for the loan. These are highly flexible loans that can be used for a wide range of purposes, including working capital, expansion capital, asset purchase and more. Typical tenure of such loans is 6-36 months

Eligibility Criteria

MudraCircle has kept the eligibility requirements to the bare essentials in order to process business loans faster.

  • 3 Years of business vintage
  • Applicant & Co-applicant- KYC
  • One year bank statement
  • last three year's of ITR

Documents Required

We do not require too many documents or unnecessary paperwork that can hold-up the loan approval process

  • KYC- Pan card, Adhar Card
  • One year bank statement PDF
  • Vintage proof -Gumasta, Udyog adhar
  • House proof- electricity bill
  • Office proof- Rend agreement
  • GST returen- latest one year
  • GST certificate