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Business Loan in Aurangabad

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Aurangabad, the place where one finds a perfect balance between, cultural heritage & modern industrialization. Known for its major silk and cotton textile production, Aurangabad is a house for a fine blend of silk with locally grown cotton, named Himroo textile. The city boasts five special economic zones one in automotive, aluminium and renewable energy and two in pharmaceuticals. It’s a flourishing place to start a business. Looking for a business loan in Aurangabad? FlexiLoans is here for you.

Where to Get Business Loans in Aurangabad

Easy Online Process: FlexiLoans offer online business loans which can be easily applied through online in minutes. It’s hassle-free and enables one-to-one customer support.

Tailored Quotes: Each business has different requirements & needs a different kind of solution. Business Loans from FlexiLoans, provide you with tailored quotes, that exactly matches your business requirements.

Paperless: No hassle of carrying documents to apply for a loan, just scan & upload, you’re all set. Our Business Loans are paperless.

Collateral-Free: Our business loans are collateral free. We provide business loans with no security.

Transparent & Secured: No hidden fees. Our process is completely transparent & secured.

How to Get Approved for  business loans Aurangabad

If you are an individual, a partnership, limited liability partnership, proprietary firm, self-employed, you’ll be eligible for a business loan. Many factors are taken into consideration, to approve your small business loan. Here are the required eligibility criteria for applying for a business loan.

Eligibility Criteria For business Loans in Aurangabad

  • Age Limit: The applicant should be min 21 years & max. 65 years.
  • Income: Business should be profit making at least for the past 1 years.
  • Turnover: Rs. 200,000 p.a. should be the minimum annual income.
  • Co-applicants: This is optional to the applicant, not mandatory in case of business loan.

DOCUMENTS REQUIRED FOR BUSINESS LOANS IN Aurangabad

Here is the basic documentation required for getting a Business Loan in Aurangabad:

  • A copy of the PAN card of the person or company
  • An identity proof which might include any of Aadhar Card, Passport, Voter ID, PAN Card or Driving License
  • An Address Proof which can consist of either of Aadhar Card, Passport, Voter ID or Driving License
  • Bank statements from the last 6 months
  • ITR statement from the last year as well as audited balance sheet and P&L statement for the past 2 years
  • Cash Flow statements
  • Debt Obligations
  • Application form with a recent photograph of all co-applicants
  • Other documents as required which can include declaration of ownership, MoA, Resolutions, Power of Attorney or any other documents required by the bank/NBFC or as required by the lender


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