Eligibility Criteria for Transportation Logistics

Before applying for a loan, you should consider the following eligibility criteria:

• The applicant should be between the ages of 25 and 65.
• Any individual or company involved in the transportation logistics sector is eligible to apply.
• A strong credit history is required.
• Applicants must be Indian citizens.

What variables influence Transport Logistics Eligibility Criteria in general?

The following are the top factors that commonly affect Transport Logistics Eligibility Criteria:

Incomplete Documentation - One of the key causes for impacting eligibility is incomplete documentation; for applying for any type of loan, adequate document requirement is the basic criteria of all banks and NBFC; your application will be refused due to incomplete docs.

Irregular payment behavior - The lender will review your application and examine your credit record to learn about your past performance on making payments and everything else; if it appears that you have irregular, default in making payments, your eligibility will be impacted.

Documents Required

Individual

• Pan Card Copy
• Aadhar Card + Passport
• Address Proof If Rented Also Required Permanent Address Proof
• Last 3 Years Form -16, ITR With Computation Of Income If File
• Last 1 Year Bank Statement - Salary Account
• Loan Schedule & Sanction Letter (If Running)
• Complete Property Papers With Chain & Map +ATS
• Processing Fee Cheque In Favour Of the Bank
• Projected Financial
• Project Feasibility Report
• Company Profile & Management Profile
• ISO Certificate & MSME Certificate
• Pollution Certificate
• CMA Data
• Machine Quotation
• Building Construction Estimate
• Last 3 Months Salary Slip + Appointment Letter

Prop Firm

• Pan Card Clear Copy Proprietor
• Address Proof (Pass Port, Voter Id Card) Proprietor
• Office Address Proof Latest (Electricity Bill, Telephone Bill)
• Firm Registration Certificates & GST Registration Copy
• Last 1 Year GST Return Copy
• Firm 3 Years ITR Computation, Profit Loss A/C, Balance-Sheet, Tax Audit Report, All Scheduled & Annexure
• Provisional Financial Ay 2023-24
• Bank Accounts (Current Account, Cc Account, Od Account Last 1 Year Updated)
• 6 Month Saving Account Statement Updated (Proprietor)
• If Running Any Loan Please Provide a Sanction Letter And Repayment Scheduled
• Agreement To Sell Copy
• Property Papers With Chain Sanction Map
• Projected Financial
• Project Feasibility Report
• Company Profile & Management Profile
• ISO Certificate & MSME Certificate
• Pollution Certificate
• CMA Data
• Machine Quotation
• Building Construction Estimate

Partnership Firm LLP

• Partners
• Pan Card - Company, All Partners
• Address Proof - All Partners (Pass Port, Voter I Pan Card, Adhaar)
• Firm Address Proof- Latest Any Utility Bill.
• Partnership Deed Copy
• GST Certificate
• GST Return Last 1 Year
• 3 Year Company ITR COI P/L A/C balance sheet Audit Report 3cb 3cd, All Annexures, scheduled with C.A. Certified
• Provisional Financial Ay 2023-24
• 3 Years all Partner Individuals ITR + Computation
• Firm All A/C Bank Statement 1 Year Updated
• All Partner Saving A/C Statement 6 Month
• If Running Any Loan – Latest Sanction Letter + Track Records or Repayment Scheduled
• Agreement to Sell Copy
• Property Papers Complete Chain with Map
• Projected Financial
• Project Feasibility Report
• Company Profile & Management Profile
• ISO Certificate & MSME Certificate
• Pollution Certificate
• CMA Data
• Machine Quotation
• Building Construction Estimate

PVT LTD

• Photograph
• Clear Pan Card - Company And All Directors
• Address Proof – Company And Directors
• List Of Director& Share Holder With Ca Certified As On Date
• Memorandum Order In Hand And Complete Copy (If Applicable)
• GST, Sale, Vat, And SSI Registration Certificate
• 1 Year GST Returns
• All Directors Individuals ITR & Computation Last 3 Years.
• Last 3 Years Complete Financial with Tax Audit Report And Annexure
• Provisional Financial Fy 2023-24 Or Month Wise Sale Figure Last 1 Year
• Company All Bank Account Statement 1 Year Updated
• All Directors Saving A/C Statement 6 Month
• If Running Any Loan – The latest Sanction Letter And Repayment Scheduled.
• Agreement To Sell Copy
• Property Papers Complete Chain With Sanction Map
• Projected Feasibility Report
• Company Profile & MSME Certificate
• Pollution Certificate
• CMA Data
• Machine Quotation
• Building Construction Estimate