Five Star Business Finance Limited Business Loan

Five-Star Business Finance Limited offers business loans to various individuals, including:

• Micro-entrepreneurs
• Self-employed individuals

Also read: Best Business Loan Eligibility

For partnership firms:

• Registration certificate, if the firm is registered.
• Partnership deed outlining the terms and conditions of the partnership.
• An officially valid document confirming the authority of any individual holding power of attorney to transact on behalf of the partnership firm.

For resident individuals:

• PAN Card/Form 60 (mandatory)
• Plus any one of the following documents for identification.
• Passport
• Voter's identity Card issued by the Election Commission.
• Driving License
• Job card issued by NREGA duly signed by an officer of the state government.
• Letter issued by the national population register containing details of name and address.
• Digital KYC, where the customer's identity can be verified through capturing a live photo.
• Proof of Possession of Aadhar number with Aadhaar number stricken.

Proof of business activity (any two of the following):

• Name, address, and type of business, such as.
• Registration certificate (if the business is registered)
• Certificate or license from municipal authorities under the Shops & Establishments Act
• Sales and income tax returns
• CST/GST/VAT certificate
• Certificate or registration document from tax authorities
• Importer Exporter Code (IEC) or professional body license
• Complete income tax return in the sole proprietor's name
• Utility bills like electricity, water, and landline telephone bills.

Also Read :  Best Business Loan Documents Required